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What does it mean that the loans and advances issued by enterprises decreased compared with the previous year?

Indicates that the company’s assets are in good condition.

Loans and advances are current or non-current asset items in the asset category on the balance sheet. A decrease indicates that the company's asset position has become better.

Enterprises refer to resident enterprises and non-resident enterprises stipulated in the Enterprise Income Tax Law and its implementation regulations. Resident enterprises refer to enterprises established in China in accordance with the law, or enterprises established in accordance with the laws of foreign countries (regions) but with actual management institutions in China. Non-resident enterprises refer to enterprises that are established in accordance with the laws of foreign countries (regions) and whose actual management institutions are not in China, but have established institutions and places in China, or enterprises that have no institutions or places in China but have income derived from China. .