Brief review According to estimates, the current cash flow available to the company does not exceed 59 million yuan, the operating cash flow of the main business has been negative for several consecutive periods, and the hematopoietic function is clearly insufficient. Currently, if the company (600112) wants to complete the extraction of existing molybdenum and nickel ore resources and further complete the integration of molybdenum and nickel ore resources in the Zunyi region, there is a large funding gap, and it must go through further external financing. As of December 31, 2010, the financial analysis ended on December 31, 2010, Changzheng Electric (600112) had a total monetary fund balance of 399 million yuan, of which 204 million was the balance of funds raised by the 2010 non-public offering, and the available cash was 195 million yuan. The company's first acquisition of Yufeng, Hang Seng, and Tongcheng Mining Company required a total capital of 171 million yuan and a balance of 24 million yuan, and announced the misuse of 35 million yuan of idle capital to supplement liquidity. Although the company announced that the Securities Regulatory Commission has approved the application for 200 million yuan of short-term financing notes, it is still unknown when the capital can be issued and raised. Judging from the company's current main business, net operating cash flow has been negative in recent reporting periods