Core Viewpoint - The company plans to initiate a new fundraising project for the "Rail Transit Signal System Pilot Base Project" with a total investment of 85.9676 million yuan, which will be funded entirely by the company's own subsidiary [1] Group 1: Project Details - The project will be constructed by the wholly-owned subsidiary, Tonghao (Changsha) Rail Transit Control Technology Co., Ltd., located in Changsha, Hunan [1] - The total investment for the project is 85.9676 million yuan, which accounts for 0.83% of the net proceeds from the company's initial public offering of A-shares [1] - The construction period for the project is set for 7 months, with an expected completion and production date in April 2027 [1] Group 2: Strategic Alignment - The project aligns with national policies and is expected to enhance the company's research and development efficiency upon completion [1] - The board of directors approved the proposal on January 23, 2026, and it is pending approval from the shareholders' meeting [1]