Core Insights - Shanghai Zhuoyue Ruixin Digital Technology Co., Ltd. is preparing for an IPO in Hong Kong, with Agricultural Bank of China International as its sole sponsor [1][2] Company Overview - Zhuoyue Ruixin specializes in providing digital solutions for higher education institutions in China, focusing on digital educational content and teaching scenarios [2] - The company's services encompass all critical aspects of education, including digital teaching content services and digital teaching environment products, serving clients across 12 recognized disciplines and 92 majors [2] Fundraising Purpose - The funds raised from the IPO will be allocated for several purposes: 1. Research and development investments 2. Enhancing customer service and support capabilities 3. Establishing one or two knowledge graph development centers in selected cities to improve knowledge graph construction, production, and delivery efficiency 4. Working capital and general corporate purposes [1]