1, sales growth slowed down. Affected by the weak domestic economic growth, epidemic situation and other factors, Gree Electric's sales growth rate is likely to slow down, leading to a slowdown in capital inflows.
2. The pressure of accounts receivable. In the sales model of Gree Electric in 2020-2022, a large number of sales on credit will inevitably lead to the increase of accounts receivable, the extension of the recovery period of accounts receivable, and will occupy a lot of working capital of the company.