HENGDA(SZ:002591)2022-11-19 03:24Group 1: Company Overview - Jiangxi Evergrande High-tech Co., Ltd. is actively expanding its acoustic noise reduction business following the implementation of new noise prevention laws, which enhance noise emission standards and regulatory measures [2][3]. - The company has established itself as a national player in the acoustic noise reduction industry, providing comprehensive solutions to clients [3]. Group 2: Financial Performance - The company reported a loss in the fourth quarter due to the impact of COVID-19, which delayed project deliveries and increased costs, leading to a revenue decline [3]. - Cash flow was negative primarily due to increased prepayments for internet advertising and reduced cash receipts from sales [3]. - The company has implemented a receivables warning mechanism, achieving significant improvements in cash collection, with collection rates of 58% in 2021, 87.3% in 2020, and 91.5% in 2019 [3]. Group 3: Shareholder Information - As of May 20, 2022, the number of shareholders was 26,826 [4]. - The company is considering strategic investments in lithium resources, particularly in Yichun, which is known for its abundant lithium mines [4]. Group 4: Future Outlook - The management is optimistic about turning around the financial performance in the second quarter as the pandemic situation improves [3]. - The company is open to suggestions regarding potential strategic partnerships with local lithium resource companies to enhance its market value [4].