On November 7, GeLongHui reported that ZhongJuXin (688549.SH) announced that in response to changes in domestic and foreign markets and customer demand, combined with the company's future development plans, and in order to improve the efficiency of capital raised, the second phase of the "ZhongJuXin Qianjiang annual production of 0.196 million tons of ultra-pure electronic chemicals project" will no longer use raised funds, and plans to invest the unused raised funds of 692 million yuan into the "0.1007 million tons/year electronic wet chemical product capacity expansion and transformation project", "Integrated Circuit Advanced Electronic Chemical Materials Project (Phase One)" and "Annual production of 0.102 million tons of high-purity sulfuric acid for electronic grade supporting project", with corresponding planned investment amounts of 252 million yuan, 350 million yuan, and 90 million yuan respectively, for the new raised investment projects, the company will use its own funds or raise funds to address any shortfall.