Core Viewpoint - The company has decided to redirect previously planned fundraising of 84.83 million yuan from the electromagnetic functional materials and structural research center project to the construction of an electromagnetic measurement and control system production and testing base due to market changes and business development needs [1] Group 1: Project Details - The original project aimed to establish a research center for electromagnetic functional materials and was to be implemented by a wholly-owned subsidiary in Chengdu [1] - The new project will have a total investment of 121.31 million yuan, with the redirected fundraising of 84.83 million yuan covering part of the costs, while the remainder will be funded through self-raised or other sources [1] - The project is expected to have a construction period from 2026 to 2027, with production anticipated to commence in 2028 [1] Group 2: Market Context - The company currently has over 120 million yuan in orders in the electromagnetic measurement and control field, indicating a rapid growth in market demand [1] - The existing production capacity is insufficient to meet the growing demand, necessitating the shift in project focus to enhance operational efficiency and competitiveness [1]