On November 12, Gelonghui reported that Zhongzi Technology (688737.SH) announced its intention to terminate the 'Smart Manufacturing Industrial Park Project for Automotive Aftertreatment Facilities' under its initial public offering of stocks fundraising investment projects, while other fundraising projects remain unchanged. After the termination of the 'Smart Manufacturing Industrial Park Project for Automotive Aftertreatment Facilities', the remaining fundraising amount of 192.944 million yuan (including interest, with the final amount subject to the actual balance in the fundraising account) will continue to be placed in the special fundraising account, and fundraising management will be conducted in accordance with the company's relevant management regulations. At the same time, the company will actively explore projects with strong profitability and good future development prospects. After careful research and discussion to determine the investment projects, the company will strictly follow the relevant laws and regulations to fulfill the corresponding review and disclosure procedures and implement new investment projects as soon as possible to improve the efficiency of fundraising fund utilization.