Leadyo(SH:688135) Zheng Quan Zhi Xing·2025-06-24 16:28Group 1 - The issuer, Guangdong Leadyo IC Testing Co., Ltd., has been approved to issue 5.2 million convertible bonds with a total fundraising amount of RMB 520 million, with a maturity of 6 years [1][2] - The bonds have an interest rate of 2.0% in the fifth year and 2.5% in the sixth year, with interest paid annually [1][2] - The company is a well-known independent third-party professional testing service provider in China, focusing on integrated circuit testing solutions and services [2][3] Group 2 - In 2024, the company's operating income was RMB 48,812.56 million, a decrease of 2.97% compared to RMB 50,308.45 million in 2023 [3][5] - The net profit attributable to shareholders was -RMB 6,161.87 million, a significant decline of 383.69% from RMB 2,172.08 million in the previous year [3][5] - The total assets of the company increased by 25% to RMB 259,274.76 million by the end of 2024 [3][5] Group 3 - The company has a debt-to-asset ratio of 56.74% at the end of 2024, up from 45.26% in 2023, indicating a higher level of leverage [5] - The current ratio improved to 1.71 from 0.87, and the quick ratio increased to 1.65 from 0.82, suggesting better short-term liquidity [5] - The company has not implemented any credit enhancement measures for the convertible bonds [5] Group 4 - The company has established a special account for the raised funds, with a total of RMB 51,288.91 million raised and RMB 28,480.15 million utilized in 2024 [4] - The funds were primarily allocated to the "East City Leadyo Chip Integrated Circuit Testing Project" and for supplementing working capital [4] - The company has complied with its information disclosure obligations and has not encountered issues in this regard [4][5]