上海莱士：以终端动销驱动取代传统销售模式

证券之星07-02

证券之星消息，上海莱士(002252)07月01日在投资者关系平台上答复投资者关心的问题。

投资者提问：公司连续两年经营性现金流为负，2026年一季度经营活动现金流净额更是同比暴跌79.3%。存货规模高达55.51亿元，应收账款也大幅增加。请问这种严重的“失血”状态和渠道库存积压问题，公司有何具体的解决与去化方案？是否存在坏账风险？

上海莱士回复：感谢您的关注！当前血液制品行业短期供需格局有所变化，叠加相关医保政策等影响，行业面临一定的压力。目前公司以终端动销驱动取代传统销售模式，通过拉动销、降库存、促回款、保发货的闭环管理，同时深耕医院、零售、第三终端市场等方式，实现经营质量的提升。血液制品刚需属性强、存货库龄整体健康，存货减值风险可控。后续随着渠道库存逐步消化、终端动销回暖，财务指标也将持续改善。谢谢。

本文数据来源于深圳证券交易所互动易，仅供参考不构成投资建议。

责任编辑：沈彬

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

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