TA opinions, page-24

Not suggesting anything is being deliberately manipulated. Don't know what the accounting practices are in China. Using terms like cash equivalents as part of cash on a balance sheet is an accepted method of reporting to my understanding. I think it refers to things like debtors who still owe, or items that can be readily be converted to cash, but I'm not an accountant so DYOR. As I said, looking forward to seeing the final accounts.