CHIPPACKING(SH:688216) Zhong Guo Ji Jin Bao·2025-08-15 00:56Core Viewpoint - The company, Qipai Technology, has announced a plan to raise no more than 159 million yuan through a private placement, with the controlling shareholders fully subscribing to the offering, indicating their confidence in the company's future despite ongoing financial losses over the past three and a half years [1][3][5]. Group 1: Financial Performance - Qipai Technology has reported continuous losses, with net profits of -58.57 million yuan in the first half of 2025, which is a deterioration of 18.07 million yuan compared to the same period last year [6][7]. - The company’s revenue for 2022, 2023, and 2024 was 540 million yuan, 554 million yuan, and 667 million yuan respectively, with corresponding net profits of -58.56 million yuan, -131 million yuan, and -102 million yuan, indicating a trend of increasing losses [6][7]. - In the first half of 2025, the company achieved a revenue of 326 million yuan, representing a year-on-year growth of 4.09% [7]. Group 2: Stock Performance - Since April 2025, Qipai Technology's stock has rebounded significantly, with a year-to-date increase of over 21%, closing at 26.38 yuan per share on August 14, 2025 [2][7]. - The stock experienced a notable rise, reaching a high of 29.88 yuan per share on August 13, 2025, before a decline of 3.90% on August 14, 2025 [7][8]. Group 3: Capital Raising and Future Plans - The planned private placement aims to raise funds to supplement working capital, which is crucial for the company's operations in the capital and technology-intensive semiconductor packaging and testing industry [5][6]. - The issuance price is set at 20.11 yuan per share, with a maximum of 7.9 million shares to be issued, and the funds raised will be used entirely to improve liquidity [3][5].