JJHB(SH:603279)2024-03-22 09:44Group 1: Financial Performance - The company's operating cash flow for the first three quarters of 2023 decreased significantly due to a reduction in customer contract prepayments and an increase in received bills, leading to lower cash inflows from operating activities. Additionally, increased payments for employee compensation and taxes contributed to higher cash outflows [1] - The financial status of the company is stable, and the funding for the "Phase II Project of Filtration Equipment Industrialization" comes from self-owned and self-raised funds, with investments made in stages according to project progress [1] Group 2: Revenue Recognition - Revenue from the dispatched products is recognized based on the provision of installation guidance and services. For products with installation guidance, revenue is confirmed upon customer acceptance at the designated site. For products requiring installation services, revenue is recognized after installation and customer acceptance [2] Group 3: Industry Applications and Orders - The company's filtration equipment is widely used in various industries, including environmental protection, new energy, new materials, mining, and food and biomedicine. In the lithium battery sector, products are utilized in processes such as lithium resource extraction, cathode materials, and wastewater treatment [2] - The company's orders are influenced by the economic conditions of downstream industries and their capital expenditure. Further details on revenue contributions from these sectors will be disclosed in future periodic reports [2] Group 4: Dividend Policy - The company has not yet announced whether there will be a dividend plan for the 2023 fiscal year following the dividends distributed after the first three quarters [2]