ZZNode(SZ:003007) Zheng Quan Shi Bao Wang·2024-11-17 14:41Core Viewpoint - Zhizhen Technology has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific investors, aiming to raise funds for strategic projects and enhance its market position in the telecommunications and IT management sector [1][2]. Financial Performance - The company reported revenues of 334 million yuan, 491 million yuan, and 436 million yuan for the years 2021 to 2023, with net profits of -70.25 million yuan, 38.53 million yuan, and 77.86 million yuan respectively [1]. - In the first three quarters of 2024, Zhizhen Technology achieved a revenue of 187 million yuan, a year-on-year decrease of 5.49%, and a net loss of 40.71 million yuan [1]. Fundraising Details - The share issuance will involve no more than 35 specific investors and will not exceed 30% of the total share capital prior to the issuance, amounting to a maximum of 31.2 million shares [2]. - The expected total fundraising amount is up to 662 million yuan, with net proceeds allocated to five key projects [2]. Project Investments - The OSS product development platform project will receive an investment of 274 million yuan, aimed at creating a next-generation OSS product development base [2][3]. - The computing network project will be allocated 170 million yuan to develop intelligent scheduling and operational systems for computing networks [3]. - The digital home project will invest 81.99 million yuan to enhance broadband network efficiency through software-defined networking (SDN) technology [3]. - The Shanghai R&D office project will receive 121 million yuan to improve the company's research and development environment [3]. Strategic Goals - The fundraising will support the company's main business, helping to consolidate its industry position, create new profit growth points, and enhance its R&D capabilities [4].