Effective debt planning is a dynamic management loop: on the planning side, it is necessary to comprehensively evaluate financing needs, market environment, and credit capacity, prudently determine the total amount of debt, and carefully design a diversified debt structure (such as long short-term debt matching, direct and indirect financing combination) to match asset cycles and cash flows. On the management side, it is necessary to establish a continuous monitoring and early warning mechanism, flexibly use tools such as refinancing and debt restructuring to cope with changes, with the core goal of maintaining healthy debt repayment indicators (such as interest coverage ratio and debt ratio), ultimately forming a virtuous cycle of “financing use repayment optimization”, and building a financial security cushion for the long-term development of the enterprise.