Longcheer Technology (09611) has announced plans to apply for the registration and issuance of debt financing instruments with an aggregate quota not exceeding RMB 3 billion.

The move is intended to further broaden the company's financing channels, optimize its financing structure, and meet its operational development needs.

This initiative to register and issue debt financing instruments is expected to help the company expand its financing avenues, optimize its debt structure, control financial costs, enhance liquidity management capabilities, and fulfill the capital requirements for business growth.

The company stated that the plan does not harm the interests of the company or its shareholders.