拓尔思：公司经营性现金流已得到改善

Core Viewpoint - The company is experiencing short-term profit pressure due to a slowdown in industry information investment and seasonal effects on bidding, but it has improved its operating cash flow and financial health through effective capital management [2] Group 1: Company Performance - The company has reduced low-margin businesses in response to the macroeconomic environment [2] - Most of the company's revenue is concentrated in the second half of the year due to seasonal bidding impacts [2] - Operating cash flow has improved, primarily due to stable contributions from public safety business and ongoing optimization of working capital management [2] Group 2: Future Outlook - The completion of the company's equity incentive plan assessment indicators for 2025 will depend on actual operational performance in the fourth quarter [2]