JCET(SH:600584) Xin Lang Cai Jing·2025-12-12 13:18Core Viewpoint - Changdian Technology has received approval for a total of 4.8 billion yuan in medium-term notes, marking a significant step in its debt financing strategy [1][2]. Group 1: Financing Details - The registered amount of 4.8 billion yuan for the medium-term notes is valid for two years from the date of the notice [3][5]. - Eight banks, including Bank of Communications and China Merchants Bank, will act as joint lead underwriters for the issuance [3][5]. - The company can issue the medium-term notes in phases based on its funding needs and market conditions, allowing for better management of financing schedules [3][5]. Group 2: Company Overview - Changdian Technology is a provider of integrated circuit manufacturing and technical services, offering one-stop solutions for chip manufacturing [3][5]. - The company's business includes integrated circuit packaging and testing, serving various domestic and international integrated circuit design companies and manufacturers [3][5]. - In the first three quarters of the year, the company reported a net profit attributable to shareholders of 954 million yuan, a year-on-year decrease of 11.39% [3][5]. Group 3: Strategic Implications - Registering medium-term notes in the interbank market will help the company flexibly match its medium to long-term funding needs, supporting future technology upgrades, production line investments, and global customer service capabilities [3][5]. - In the context of accelerating domestic production and supply chain layout in the integrated circuit industry, optimizing the debt structure will enhance the company's risk resistance and operational stability [3][5].