Gelonghui April 6th 丨Ruifeng New Materials (300910.SZ) announced that according to the company's strategic development and actual situation, the company plans to discontinue the use of raised capital to invest in the original fund-raising project “Single Lubricant Additive Product and 12,800 Tons of Compound Product Project”. The total investment amount of the original fund-raising project was 342.24 million yuan, and the planned capital investment was 340 million yuan. As of December 31, 2022, the actual cumulative investment amount of the project was 166.5537 million yuan. The total amount of capital raised in connection with the change in investment direction this time was 343.8522 million yuan of capital raised from the original fund-raising project (including interest of 20.5059 million yuan. The specific amount is subject to the actual balance of the fund-raising account at the time of carry-over). The company plans to invest the remaining capital raised from the original fund-raising project into a “lubricant additive series product project with an annual output of 460,000 tons”.