Smartsens Technology (Shanghai) (SH:688213) Zheng Quan Zhi Xing·2025-05-09 10:28Core Viewpoint - The company plans to issue short-term financing bonds and medium-term notes to expand financing channels and reduce costs, with a total issuance limit of up to 15 billion yuan for short-term bonds and 8 billion yuan for medium-term notes [1][2][3] Short-term Financing Bonds Issuance Plan - Issuer: Thinkwell (Shanghai) Electronic Technology Co., Ltd. - Issuance Date: To be determined based on market conditions and funding needs - Issuance Scale: Up to 15 billion yuan, subject to the final amount as per the registration notice from the trading association - Issuance Term: To be determined based on market conditions and funding needs - Issuance Rate: To be determined based on market conditions at the time of issuance - Fund Usage: For production and operational activities, including debt repayment and working capital [1][2] Medium-term Notes Issuance Plan - Issuer: Thinkwell (Shanghai) Electronic Technology Co., Ltd. - Issuance Date: To be determined based on market conditions and funding needs - Issuance Scale: Up to 8 billion yuan, subject to the final amount as per the registration notice from the trading association - Issuance Term: To be determined based on market conditions and funding needs - Issuance Rate: To be determined based on market conditions at the time of issuance - Fund Usage: For production and operational activities, including debt repayment and working capital [2] Authorization Matters - The company seeks authorization from the shareholders' meeting for the board of directors to manage the issuance of short-term financing bonds and medium-term notes, including decisions on issuance timing, scale, types, terms, rates, and fund usage [2][3] Impact of the Issuance on the Company - The issuance of short-term financing bonds and medium-term notes is expected to broaden financing channels, optimize financing structure, enhance liquidity management, and meet the funding needs for the company's rapid development, aligning with the overall interests of the company and shareholders [3]