On September 11th, Guotong Group (603176.SH) stated during the performance briefing that the company's asset-liability ratio has increased and the net cash flow from investment has shown a negative value, mainly due to the ongoing construction of PPP projects that are not yet completed, which resulted in continued investment and construction of PPP projects during the reporting period.
汇通集团(603176.SH)：投资净现金流出现负值主要系公司在建PPP项目尚未完工
Huitong Group (603176.SH): The negative net cash flow from investment is mainly due to the company's ongoing construction of PPP projects, which have not been completed yet.
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