Core Viewpoint - The company, AoFei Data, has decided to terminate its plan to issue A-shares to specific investors for the year 2025 and has withdrawn the application documents due to its business development situation and future strategic planning [1]. Group 1: Termination of A-share Issuance - AoFei Data's board of directors approved the termination of the A-share issuance plan during a meeting held on January 22, 2026 [1]. - The decision to withdraw the application was made after careful consideration of the progress of fundraising investment projects and discussions with relevant parties [1]. - The company emphasizes that this termination will not significantly impact its operational activities or harm the interests of shareholders, especially minority shareholders [1]. Group 2: Fundraising Details - The initial plan for the A-share issuance aimed to raise a total of RMB 169.5 million, which was intended for the new generation cloud computing and artificial intelligence industrial park project [2][3]. - The total investment for the industrial park project was estimated at RMB 180.5 million, with the fundraising amount accounting for a significant portion of this investment [3]. - The issuance was intended for no more than 35 specific investors, including various financial institutions and qualified investors as per the regulations of the China Securities Regulatory Commission [3].