Abstract: At present, Chinese scholars' research on financial conflicts is mainly aimed at an independent single enterprise, taking a single enterprise as the research object, and studying the financial conflicts between internal stakeholders and external stakeholders. Taking A Group Company as the research object, there are few literatures on the financial conflicts between its internal subsidiaries. Taking Sinotrans Changhang Group Co., Ltd. as an example, this paper analyzes the present situation of the financial relationship between the parent company and the subsidiary company, points out the adverse effects of the interest conflict between the parent company and the subsidiary company on the business performance of the enterprise, analyzes the causes of the financial conflict, and puts forward some suggestions for coordinating the financial relationship.

Abstract: At present, the purpose of Chinese scholars' research on financial conflicts is to study the financial conflicts between internal stakeholders and external stakeholders with an independent single enterprise as the research object and a single enterprise as the research object. Taking the group company as the research object, this paper studies the financial conflicts within the mother-child literature. Taking Sinotrans Changhang Group Co., Ltd. as an example, this paper analyzes the present situation of the financial relationship between its parent company and its subsidiaries, points out the negative impact of the interest conflict of the enterprise management team on the performance of the parent company, analyzes the causes of the financial conflict, and puts forward some views on the financial relationship.