Core Viewpoint - The company, Gaoxing (300098), is actively managing its accounts receivable, which amounted to 1.49 billion yuan as of December 31, 2024, primarily due to long-term project-based business with extended delivery cycles [1] Group 1: Accounts Receivable Management - As of December 31, 2024, the company's accounts receivable stood at 1.49 billion yuan, largely resulting from historical project-based business [1] - The company has proactively reduced resource allocation to project-based business and has intensified efforts to collect outstanding receivables [1] - Measures such as litigation and sending collection letters have been implemented to recover long-term difficult-to-collect accounts [1] Group 2: Financial Performance - The company reported continuous profitability in the first three quarters of the year, indicating positive operational trends [1] - There has been an acceleration in the collection of large project payments, contributing to improved operational cash flow [1] - The company expects to achieve positive operating cash flow by the third quarter of 2025 [1]
高新兴:截至2024年12月31日公司应收账款账面价值为14.9亿元