During the performance briefing, executives from Northern Microelectronics elaborated on the company's operational dynamics. In the first quarter, the cash flow from operating activities experienced a decline, attributed to the substantial increase in raw material inventory to ensure timely product delivery to customers, consequently straining liquidity. Nonetheless, the company has maintained a positive trajectory in newly secured orders. Looking ahead, Northern Microelectronics plans to bolster its operating cash flow by implementing several strategic measures: enhancing the proportion of advance payments for customer orders, intensifying efforts to collect accounts receivable, and optimizing raw material inventory levels.
