DEEJ(SZ:000423)2022-12-06 10:54Group 1: Company Overview - Dong-E E-Jiao Co., Ltd. held an investor relations activity on August 16, 2016, to discuss the company's operational status and financial indicators for the first half of 2016 [2][4]. - The meeting was attended by various institutional investors, including Huabao Investment Co., Ltd. and Goldman Sachs (Asia) LLC [2][4]. Group 2: Product Sales Performance - The sales of E-Jiao blocks remained stable during the adjustment period, focusing on cultural marketing and expanding consumer demographics [4][5]. - The Compound E-Jiao Syrup, as the longest-standing oral liquid product in China, has a solid market foundation and is being repositioned to enhance its competitiveness through marketing strategies [5][6]. - The Peach Blossom Princess E-Jiao Cake is targeting key markets in Shandong and Beijing, with innovations like the Peach Blossom Princess Year Card to boost sales [5][6]. Group 3: Raw Material Supply Chain - The domestic donkey resource is declining due to urbanization and agricultural mechanization, prompting the company to implement a full industry chain development strategy [5][6]. - The company is actively seeking government support to address funding, breeding, and sales issues for donkey farming, aiming to enhance the profitability of farmers [6]. Group 4: Financial Performance Insights - The decrease in operating cash flow is attributed to an increase in bank acceptance bills for sales collections, while cash outflows rose due to higher raw material reserve payments [6]. - The increase in inventory is mainly due to strategic reserves of raw materials [6]. - Accounts receivable and notes receivable grew due to annual credit assessments for sales customers, with a unified recovery at year-end [6].