Weilai: cash flow will improve as sales pick up in the third quarter

FAP, June 9 (FAP)-- at the results presentation, Weilai said that some operating cash flow will be affected this year because of the release of new Q1 and Q2 products, but the current cash flow is sufficient to support the company's operation, and the current financing channel is smooth. Weilai will carefully manage cash flow, some fixed asset investment will be postponed, and some R & D projects in Europe will focus on countries that have already entered. Cash flow will improve as sales pick up in the third quarter. At the same time, Weilai stressed that the company will not make price adjustments in the way of reduction.