Jiejia Weichuang: In accounts receivable, leading industry companies constitute a large proportion, resulting in a relatively low collection risk.

NightAirdropper · 2026-03-20T19:28:33+00:00

Jiejia Weichuang responded on the investor interaction platform that, despite the high accounts receivable, most customers are industry-leading companies with low collection risk. The company has taken measures to ensure the collection of order payments, made provisions for bad debts for customers experiencing operational difficulties, and is actively urging the collection of funds.

NightAirdropper

2026-03-20 19:28:33

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Everyday Economic News AI Express: An investor asked on the investor interaction platform: The company’s Q3 report shows high accounts receivable, and some customer funds are frozen. 1) What is the current progress of overall accounts receivable collections? 2) Have bad debt provisions been fully made for customers experiencing operational difficulties? 3) Will there be any improvement in collections in Q1 2026?

Jiejia Weichuang (300724.SZ) stated on the investor interaction platform on March 18: Among the accounts receivable, leading industry companies make up the majority, so the collection risk is relatively low. The company has implemented measures to ensure payment, such as classifying customers when signing orders; during order execution, the company continuously monitors customer operations and makes adjustments accordingly. Typically, about 60% of the equipment payment is received before shipment to reduce collection risk. The company also actively adopts various measures to accelerate collections and assesses collection risks according to accounting standards to make bad debt provisions.

(Reporter Wang Xiaobo)

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