JL(SZ:300589)2024-09-12 11:27Group 1: Company Overview - Jianglong Shipbuilding Technology Co., Ltd. has successfully passed the recognition as a specialized and innovative enterprise for both the company and its subsidiary, Aolong Shipbuilding [2] - The company is one of the earliest in China to enter the new energy ship sector, having built the country's first methanol fuel-powered ship and hydrogen fuel cell-powered workboat [2] Group 2: New Energy Initiatives - Jianglong is actively promoting the new energy transformation of leisure tourism vessels, having delivered several electric and hybrid-powered ships, including the Pearl River Crystal No. 1 and the Dream Navigation No. 7 [2] - The company is exploring the application of new energy vessels in public law enforcement and special operations [2] Group 3: Financial Performance - In the first half of 2024, the net cash flow from operating activities was significantly impacted by a large amount of advance payments received in 2023, leading to a net cash outflow due to high equipment procurement and delayed government budget funds [3] - Starting from July 2024, with the arrival of government budget funds, cash inflow has increased, and the overall cash flow situation is returning to normal [3] - The company has intensified its collection efforts and developed alternative financing plans to address potential short-term cash flow pressures [3]