6月13日，震有科技发布定增预案显示，公司拟募资不超过10.69亿元，用于卫星互联网通信产品研发及 产业化项目、全光网络系统研发及产业化项目。 2020年7月，震有科技上市时，募投项目有四个，其中，"产品研究开发中心建设项目"2022年被终止， 其他三个项目继续推进但效益不及预期。 长江商报记者发现，2022年至2024年，震有科技其他三大IPO募资项目累计实际效益分别为-1443.89万 元、-240.79万元和-4685.57万元，均未达到预计效益，三年累计亏损6370.25万元。 几大IPO项目均不及预期，震有科技再次大手笔募资投建新项目，前景和结果又会如何？ 震有科技的经营亟待改善。2025年一季度，公司实现营业收入1.68亿元，同比下降6.36%；净利润 202.82万元，同比下降71%。截至一季度末，公司合同负债同比下降37.72%，公司营业收入有进一步下 降的可能。 长江商报消息 ●长江商报记者 黄聪 IPO募资项目收益尚不及预期，震有科技（688418.SH）又拟伸手募资新建项目。 "5G核心网设备开发项目"原计划于2022年1月完工。受行业调整影响，该项目达到预定可使用状态的时 间被延长至2 ...

Fundraising Overview - The company raised a total of RMB 78,666.25 million by issuing 48.41 million shares at RMB 16.25 per share, with net proceeds of RMB 73,159.61 million after deducting underwriting and related fees [1] - As of December 31, 2024, the total amount of funds raised was RMB 71,300.55 million, with cumulative usage of RMB 62,488.36 million [9] Fund Allocation and Changes - The company has adjusted the implementation subjects and locations for its fundraising projects, adding subsidiaries Shenzhen Zhenyou Software Technology Co., Ltd. and Xi'an Zhenyou Xintong Technology Co., Ltd. as project implementers [2][3] - The company plans to inject up to RMB 2,000.00 million into Zhenyou Software and RMB 500.00 million into Xi'an Zhenyou to support project execution [3] Project Completion and Fund Utilization - The company has completed the projects for the Next Generation Internet Broadband Access Equipment Development and Emergency Command and Decision Analysis System, reallocating surplus funds of RMB 5,017.82 million and RMB 4,390.88 million respectively [4] - The surplus funds will be used to supplement working capital and support the 5G Core Network Equipment Development project [4] Financial Performance and Adjustments - The actual investment in the Next Generation Internet Broadband Access Equipment Development project was RMB 9,196.24 million, which is RMB 4,725.85 million less than the committed amount of RMB 13,922.09 million [6] - The company has reported that the cumulative revenue from the Next Generation Internet Broadband Access Equipment Development and Emergency Command and Decision Analysis System projects is below the promised returns due to ongoing business development [10] Asset Acquisition - The company used RMB 8,198.00 million of unutilized fundraising to acquire a 40.99% stake in Hangzhou Chenxiao Technology Co., Ltd., increasing its total ownership to 55.99% [7] Cash Management - The company has utilized idle fundraising for cash management, with a balance of zero as of December 31, 2024 [8]