Since its listing, the company has raised 17.49 billion yuan in financing and distributed 1.086 billion yuan in dividends, with a cash dividend financing ratio of only 6.21%, which is a very low level. The company's current net asset value is 24.6 billion yuan, of which 70% is obtained through real money raised from the market. The company should be grateful to investors in the capital market for its current scale, so every management personnel, especially senior management, should reflect on how to increase endogenous motivation, how to treat investors well, and how to give investors more ret

Changdian Technology: Dear investors, hello. The semiconductor chip manufacturing and testing sub-industry in which the company operates is a capital-intensive industry, and technology updates rapidly. It requires relatively sufficient funds to cope with challenges or opportunities in future development and ensure the company's long-term sustainable development. The company is currently in the expansion and growth stage and requires large capital expenditures and continuous R&D investment to support the optimization of the company's business structure and create new momentum for corporate development to promote the company's long-term sustainable development and enhance core competitiveness. The company's retained cash is used for Capital expenditure or R&D investment is in line with the company's long-term development needs and the long-term interests of shareholders. At the same time, the company attaches great importance to the interests of shareholders. After the new management took office and achieved a turnaround in 2020, it has continued to expand dividends. Among them, the cumulative dividends from 2020 to 22 accounted for 75% of the company's cumulative dividends since its listing, showing a significant improvement trend. Under the leadership of the new management, the company has returned to the development track driven by endogenous growth, and its operating capabilities have continued to improve. The company's net asset growth in the past three years has mainly come from endogenous profit growth and accumulation, and the net asset size has doubled within three years. times. The company achieved a cumulative profit of 7.50 billion yuan from 2020 to 2022, which is a significant improvement compared to the cumulative losses from its listing in 2003 to 2019. The company will continue to promote its own organic and sustainable growth and continue to create investment value for investors. Thank you for your interest in the company.