Jikai(SZ:002691)2022-12-03 10:12Group 1: Company Structure and Subsidiaries - Jikai Equipment Manufacturing Co., Ltd. has one wholly-owned subsidiary, Jikai Hebei Electromechanical Technology Co., Ltd. [3] - Jikai Technology owns two wholly-owned subsidiaries: Hebei Jikai Foundry Co., Ltd. and Shandong Jikai Equipment Manufacturing Co., Ltd. [3] - The parent company, Jikai Co., currently has no operational business, having transferred all operations to Jikai Technology in mid-2016 [3] Group 2: Environmental Impact and Investment - The national environmental inspection has not significantly impacted the company [3] - In 2018, the company decided to invest in an intelligent and efficient mining equipment industrialization project in Weifang, Shandong, with an initial investment of CNY 388 million [3] Group 3: Accounts Receivable Management - The company has a high accounts receivable balance, which is characteristic of the industry [3] - A dedicated debt collection team has been established to improve accounts receivable turnover by managing customer credit limits and increasing the frequency of customer visits [3] Group 4: Shareholding and Stock Information - In 2018, company executives did not increase their holdings in the secondary market [4] - In June 2018, the company implemented a capital reserve distribution, converting 7 shares for every 10 shares held [4] - The controlling shareholder does not have any stock pledges, while the second and third largest shareholders have stock pledges [4] Group 5: Investor Relations Activity - The investor relations activity took place on May 24, 2019, with participation from various media and securities firms [2] - The event included a company presentation, a tour of the assembly and quality inspection workshops, and a Q&A session with company executives [2][3]