Journal of Modern Business Administration

The Dual Circulation New Development Pattern is a new requirement proposed by the Central Committee of the Communist Party of China based on China’s current economic situation, featuring domestic circulation as the mainstay and mutual promotion between domestic and international circulations. Under this new economic model, it represents both opportunities and challenges for enterprises manufacturing new energy vehicles (NEVs), and imposes higher requirements on financial management within manufacturing enterprises. Over the past three years, Liuzhou Wuling New Energy Automobile Co., Ltd. (WLNE) has achieved rapid growth in its NEV business but has also encountered severe challenges typical of the start-up phase. Starting from an analysis of the development status of the NEV industry and WLNE, this article explores and proposes recommendations to strengthen corporate financial management, enabling the company to enhance its competitiveness within the new development pattern and achieve high-quality development.

Dual circulation development pattern; The NEV industry; Corporate financial management