BESTWAY(SZ:300008) Zheng Quan Zhi Xing·2025-08-26 14:12Summary of Key Points Core Viewpoint - The financial data indicates significant intercompany transactions and receivables among subsidiaries of Tianhai Fusion Defense Equipment Technology Co., Ltd, highlighting the operational dynamics and financial relationships within the group. Group 1: Intercompany Transactions - The company has various intercompany receivables, with significant amounts recorded under accounts receivable and prepayments, indicating ongoing business activities among subsidiaries [1][2][3]. - For instance, the receivables from subsidiaries such as Jiangsu Jimei Marine Engineering Equipment Co., Ltd. and Shanghai Jiahua Yacht Operation Co., Ltd. show substantial figures, reflecting the scale of transactions [2][3]. Group 2: Financial Balances - The total amount of receivables and prepayments across different subsidiaries amounts to significant figures, with some subsidiaries reporting balances exceeding 10 million yuan [2][4]. - The financial data reveals that the company has a total of 74,233.29 million yuan in various receivables, with a notable portion classified as operating transactions [4]. Group 3: Nature of Transactions - The majority of the transactions are classified as operating transactions, indicating that these intercompany dealings are part of the normal business operations rather than financial maneuvers [3][4]. - The data also shows that there are no significant non-operating fund usages reported, suggesting a focus on core business activities [1][3].