Jinyu Che Cheng (000803): Cash Flow Management Has Achieved Some Success.
The annual report of Sichuan listed companies in 2019 showed that investor collective reception day and institutional exchange activities were held on Friday in Chengdu, Sichuan. Zhao Wenyan, chief financial officer of Jinyu Che Cheng (000803), said in his activities that the company is strengthening the management of cash flow through strengthening the collection and collection of receivables and receivables, and has achieved certain results.
The company's receivables and notes receivable increased by about 90 million yuan in 2018 compared with last year, mainly due to revenue growth.
At the end of the first quarter of this year, the receivables were basically accepted, and the accounts receivable and bills receivable decreased by about 130 million yuan compared with the end of 18.
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