Core Viewpoint - The company, Zhengyuan Zhihui, announced a change in the use of part of its raised funds, reallocating 17.94 million yuan from the "Integrated Cloud Platform Project for Basic Education Management and Services" to the "Integrated Platform Project for Higher Education Operations and Services" through a loan to its subsidiary, Zhejiang Nipton, at an interest rate of 8% [1] Fund Allocation Changes - The company plans to reduce its investment in the "Integrated Cloud Platform Project for Basic Education Management and Services" due to the project not achieving expected benefits and delays caused by external market uncertainties, with the project now postponed until December 25, 2026 [1] - The total investment for the "Integrated Platform Project for Higher Education Operations and Services" is 19.94 million yuan, with a construction period of 18 months [1] Project Details - The "Integrated Platform Project for Higher Education Operations and Services" aims to purchase IoT air conditioning and intelligent hot water management systems to provide efficient operational services for university students [1]