Shanghai CDXJ Digital Technology (603887.SH) announced that the company plans to invest in the original fundraising project "Hutai Smart Cloud Valley Digital Science..."
According to the announcement from Shanghai CDXJ Digital Technology (603887.SH), the company plans to partially change the raised funds for the original investment project "Phase I of the Shanghai Tai Intelligent Cloud Valley Digital Technology Industrial Park Project" ("Taicang Datacenter Project"). Among these changes, 0.2 billion yuan will be invested in the company's newly undertaken project "CHINA MOBILE CNI Yangtze Index (Yangzhou) Datacenter Computing Infrastructure Maintenance Service Project" ("CHINA MOBILE Yangzhou Intelligent Computing Center Project"), specifically for the construction of some buildings in the intelligent computing center. The new project is expected to commence normal operation and generate revenue by October 2025.
It is reported that the company has basically completed the procurement, investment, and installation of General Equipment for the "Taicang Datacenter Project", with full installation and debugging of General Equipment expected to be completed around April 2025. The remaining investment mainly involves the procurement of customized Special Equipment for clients and subsequent installation and debugging. However, as of now, no related Orders have been signed, and the specific customized Special Equipment originally intended for investment from raised funds cannot be further invested. After the change, the raised funds will be allocated to more urgent projects, which will help improve the efficiency of raised fund usage.