WLCSP(SH:603005) Sou Hu Cai Jing·2025-12-27 18:17Core Viewpoint - The company, Jingfang Technology, is actively expanding its operations and managing financial risks through various strategic initiatives, including establishing a subsidiary in Malaysia and engaging in foreign exchange hedging activities [2][4]. Group 1: Company Financial Performance - As of December 26, 2025, Jingfang Technology's stock closed at 27.85 yuan, reflecting a 1.83% increase from the previous week's 27.35 yuan [1]. - The company's total market capitalization is 18.163 billion yuan, ranking 81st out of 169 in the semiconductor sector and 1075th out of 5178 in the A-share market [1]. Group 2: Strategic Initiatives - The company plans to establish a subsidiary, WaferWise Semiconductor Sdn. Bhd., in Malaysia with a total investment of 1.5 billion Malaysian Ringgit, holding a 19.9% stake [2][4]. - Jingfang Technology intends to conduct foreign exchange hedging activities in 2026, with a total transaction amount not exceeding 80 million USD to mitigate currency risk [2][4]. - The company aims to utilize up to 1.5 billion yuan of idle funds to purchase low-risk, short-term financial products, with a rolling usage period of one year [3][4]. Group 3: Related Transactions - The expected total amount of daily related transactions for 2026 is approximately 182 million yuan, which includes payments for technology usage fees and procurement of packaging services [3][4]. - The company has revised several governance structures, including the board secretary work system and information disclosure management system, to enhance corporate governance [3].