E-HUALU(SZ:300212) 2 1 Shi Ji Jing Ji Bao Dao·2026-01-21 02:53Core Viewpoint - The company has decided to terminate certain fundraising projects and redirect the remaining funds to supplement working capital due to changes in the macroeconomic environment and customer demand [1][2] Group 1: Project Termination and Fund Allocation - The company will terminate the "Super Storage R&D Project" and the "AI Training Resource Library and Global Video Perception Service Platform Project" [1] - A total of 354.8553 million yuan (including accumulated interest income and cash management returns) will be permanently redirected to working capital [1] - The remaining funds from the terminated projects amount to 35.48553 million yuan, with 7.95735 million yuan affected by judicial freezes [1] Group 2: Investment Progress and Financial Details - As of December 31, 2025, the "Super Storage R&D Project" has received 34.914 million yuan, with an investment progress of 25.22% and remaining funds of 10.35398 million yuan [1] - The "AI Training Resource Library and Global Video Perception Service Platform Project" has received 60.9983 million yuan, with an investment progress of 19.77% and remaining funds of 24.75823 million yuan [1] - Other projects, such as the "Key Technology R&D and Industrialization Project for Government and Enterprise Digital Transformation," have received 215.1086 million yuan, with a usage ratio of 32.57% [1] Group 3: Reasons for Project Changes - The changes are attributed to shifts in the macroeconomic environment and lower-than-expected customer demand, along with accelerated technological iterations [2] - The existing storage medium technology is not expected to yield a mature and reliable solution in the short term, leading to a low input-output ratio for continued investment [2] - The rapid development of generative AI has caused structural changes in customer demand for AI services, making the previous data lake business no longer a core development direction for the company [2]