Core Viewpoint - The company announced the completion of several fundraising projects and plans to permanently allocate the remaining funds to working capital for daily operations [1] Group 1: Fundraising Projects - The company has completed and achieved operational status for the following projects: "Network Target Field and Comprehensive Verification Platform based on Parallel Simulation," "Research and Development of a Highly Secure and Efficient Safety Service Platform," and "Cybersecurity Talent Training Project" [1] - The total remaining funds from these projects amount to 45.52 million yuan, which will be used to supplement the company's working capital [1] Group 2: Financial Management - The company plans to close the relevant fundraising accounts after the transfer of the remaining funds is completed [1] - Management and the finance department have been authorized to handle the account closure procedures [1]

Core Points - The company Yongxin Zhicheng (688244.SH) reported a significant decline in revenue and net profit for the first three quarters of 2025, with revenue at 142 million yuan, down 17.72% year-on-year, and a net loss attributable to shareholders of 54.85 million yuan [1] - In 2024, the company achieved a revenue of 356.33 million yuan, a decrease of 9.99% compared to the previous year, and a net profit of 8.48 million yuan, down 72.73% year-on-year [2][3] - The net cash flow from operating activities for 2024 was -46.30 million yuan, worsening from -18.55 million yuan in the previous year [2][3] Financial Performance - For the first three quarters of 2025, Yongxin Zhicheng's revenue was 142 million yuan, with a net profit of -54.85 million yuan and a net cash flow from operating activities of -48.41 million yuan [1] - In 2024, the company reported a revenue of 356.33 million yuan, a net profit of 8.48 million yuan, and a net cash flow from operating activities of -46.30 million yuan [2][3] - The net profit excluding non-recurring gains and losses for 2024 was -2.06 million yuan, compared to a profit of 11.03 million yuan in the previous year [2][3] Fundraising and Use of Proceeds - Yongxin Zhicheng raised a total of 575.91 million yuan, with a net amount of 506.05 million yuan after deducting issuance costs, which was 34.17 million yuan less than originally planned [4] - The company initially aimed to raise 847.73 million yuan for various projects, including a network security training program and a high-performance cloud technology project [4]