Core Viewpoint - Aoshikan plans to issue convertible bonds totaling up to 1 billion yuan to fund a high-end printed circuit board (PCB) project, with a total investment of 1.82 billion yuan aimed at expanding production capacity and enhancing competitiveness in the high-end PCB market [1][2][3] Group 1: Project Overview - The project will be implemented by Aoshikan's wholly-owned subsidiary, Guangdong Xizhen Circuit Technology Co., Ltd., located in Zhaoqing, Guangdong Province [1] - The total investment for the project is 1.82 billion yuan, with 1 billion yuan sourced from the bond issuance, and the construction period is planned for 24 months [1] - The project aims to build new production facilities, introduce advanced PCB manufacturing equipment, and recruit skilled personnel to meet increasing customer demand [1][2] Group 2: Market Demand and Capacity Expansion - Aoshikan faces capacity bottlenecks in high-end PCB products due to rising demand in data centers, automotive electronics, and other sectors [2] - The project is expected to significantly enhance the company's manufacturing capabilities for high-end PCBs, improving order acceptance and delivery capabilities for complex and high-consistency products [2][3] - The expansion will strengthen Aoshikan's position in emerging applications such as AI servers and automotive electronics, increasing customer loyalty and market share [2] Group 3: Feasibility and Support - The project is supported by national industrial policies that promote rapid development in the PCB industry [3] - Aoshikan's strong R&D capabilities, established customer base, and comprehensive production and quality management systems provide a solid foundation for project implementation [3] - The project aims to create a closed-loop ecosystem for high-end PCBs, enhancing delivery capabilities and optimizing product structure to bolster the company's core competitiveness [3][4] Group 4: Company Profile - Aoshikan focuses on the R&D, production, and sales of high-precision PCBs, establishing a strong brand image and market reputation through technical expertise and manufacturing excellence [4] - The company offers a diverse range of products to meet various customer needs, with applications in data centers, automotive electronics, communication, and consumer electronics [4] - Aoshikan continuously enhances its overall strength and industry influence through innovation, quality control, and customer service [4]