CRSC(SH:688009)2023-11-10 10:56Group 1: Company Performance - The company has sufficient orders on hand, but the Q3 performance slightly declined due to delays in project funding and production pace adjustments, leading to a decrease in construction revenue compared to the previous year [3][4] - The performance for Q4 and the following year is expected to remain stable without significant fluctuations [3] Group 2: Cash Flow Concerns - The decline in cash flow in recent years is attributed to external factors, including delayed project progress and valuation issues [4] - The company plans to enhance the collection of accounts receivable and incorporate cash flow ratios into performance assessments to ensure net cash inflow remains reasonable [4] Group 3: Market and Stock Performance - The company does not engage in real estate business, so fluctuations in housing prices will not significantly impact operations [4] - The management is focused on optimizing investor relations and addressing market conditions, with ongoing efforts to leverage new development opportunities through technological innovation [4][5] Group 4: Shareholder Engagement - The company maintains a stable dividend policy, with cash dividends around 50% in recent years, completing the previous year's dividend distribution by July [5] - The controlling shareholder has announced a plan to increase holdings in the company, which is currently in progress [5]