1. Expand business scale: In order to expand business scale and improve market competitiveness, Core Energy Technology Company increased long-term loans to obtain more financial support, which was used to invest in new production lines, R&D projects, marketing and other aspects to promote the company's business growth.
2. Adjustment of capital structure: In order to adjust the capital structure and increase long-term loans to reduce financial risks or improve capital adequacy ratio, the company can reduce the pressure of short-term debts by increasing long-term loans, so that funds can support business development more stably.