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  "documentTitle": "Qutoutiao, Inc. (QTT)",
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      "text": "In fact, this new disclosure proves absolutely nothing - it is an unverifiable, unaudited table of numbers in which QTT fails to even name the \"state-owned and reputable financial institutions in the PRC\" that supposedly hold ~75% of its cash.",
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      "text": "In fact, this new disclosure proves absolutely nothing – it is an unverifiable, unaudited table of numbers...",
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      "text": "What happened to QTT's interest income in Q3 2019?",
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      "text": "As of September 30, 2019, the Company had cash, cash equivalents and short-term investments of RMB2,120.1 million...",
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      "text": "In its response to our report, QTT claimed to have RMB 327.83 million invested in wealth management products...",
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      "text": "there were instances of fraud in the past involving WMPs of other companies — Qutoutiao, Inc.",
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      "text": "(RMB 327.83 million x 2.4%) / 4 = RMB 1.97 million; (RMB 327.83 million x 2.9%) / 4 = RMB 2.38 million",
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      "text": "Bank A, B, C, D, E breakdown of time deposits and WMPs",
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