Core Viewpoint - The company emphasizes the importance of improving operating cash flow and has implemented measures to manage accounts receivable and inventory effectively [1] Group 1: Accounts Receivable Management - The company strictly enforces customer credit approval and dynamic monitoring mechanisms to ensure timely collections and manageable risks [1] - Enhanced management of collection processes is in place to support cash flow improvement [1] Group 2: Inventory Management - The company utilizes an information system for production planning based on demand and dynamic inventory optimization to prevent capital lock-up [1] Group 3: Capacity Planning - The company has a rational capacity layout that considers both short-term and medium-to-long-term demand, as well as domestic and overseas market needs [1]

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]

Core Viewpoint - Zhenyu Technology announced on October 15 that its operating cash flow has turned positive according to the company's 2025 semi-annual report, indicating an improvement in profitability and effective management of accounts receivable [1] Group 1 - The company reported that its operating cash flow is expected to show a positive trend this year due to improved profitability [1] - The management of accounts receivable has been strengthened, contributing to the positive cash flow outlook [1]

证券日报网讯博俊科技9月29日在互动平台回答投资者提问时表示，公司近年新工厂、新项目投资较 大，设备及人员投入大幅增长，对应材料、人员等经营性现金流大幅增长，导致经营性现金流有所降 低。新工厂、新项目建成并稳定运营后有望明显改善提升经营性现金流，具体时间需要结合新项目的建 成及投产情况而定。此期间，公司会进一步加强应收账款的管理，优化供应商、客户的账期来改善现金 流。 （文章来源：证券日报） ...