en.Wedoany.com Reported - Financial personnel of China Tianhang Bureau's Pinglu Canal Project have saved nearly 6 million yuan for the project by optimizing fund management plans, improving fund operation efficiency by 15%. This practice provides a reference case for refined financial management in China's major infrastructure construction.
Li Yingxi, a financial staff member of the Guangxi Pinglu Canal Waterway Bid 15 Project, graduated from Nankai University and Queen Mary University of London, and joined Tianhang Bureau in 2025. Given the project's large fund volume and high transaction frequency, she developed specific financial measures focusing on three areas: revitalizing idle funds, reducing guarantee deposit burdens, and optimizing information management.
In terms of idle fund management, Li Yingxi analyzed bank negotiated deposit products and conducted multiple rounds of negotiations with banks, converting part of the demand deposits into negotiated deposits, securing an interest rate 1.05% above the benchmark rate, thereby generating an additional 4.8 million yuan in interest income for the project.
Regarding guarantee deposit management, after studying the latest national and local policies on migrant worker wage guarantee deposits, Li Yingxi opted to replace cash deposits with bank guarantees and applied for full exemption of guarantee deposits for several small ancillary projects. These two measures collectively reduced project fund occupation by over one million yuan, freeing up cash flow for key areas such as material procurement.
In information management, Li Yingxi integrated the previously scattered contract ledgers, settlement ledgers, and fund payment ledgers into a "dynamic ledger," with data classified and updated in real time by contract and supplier. Information such as paid amounts for individual projects, remaining amounts to be paid, and payment milestones can be queried with one click. She also established a "daily update, weekly check, monthly summary" mechanism, achieving 100% data accuracy since its implementation. During an urgent material payment, this mechanism completed all data verification and fund arrangement in less than ten minutes at night, ensuring the next day's bank payment and on-site construction.
