Zhonghaida announced that the company plans to complete the capital raising investment project by issuing shares to specific targets in 2020, and permanently supplement the working capital with savings of about 122 million yuan. The total amount of capital raised this time was RMB 510 million, and the actual net amount of capital raised after deducting issuance fees was RMB 501 million. The project's savings are mainly due to the company's careful planning and enhanced cost control of the “Intelligent Driving High Precision Positioning Software and Hardware Product Development and Industrialization Project”, as well as investment benefits obtained from cash management of some idle raised funds.

Zhonghaida announced that the company plans to complete the capital raising investment project by issuing shares to specific targets in 2020, and permanently supplement the working capital with savings of about 122 million yuan. The total amount of capital raised this time was RMB 510 million, and the actual net amount of capital raised after deducting issuance fees was RMB 501 million. The project's savings are mainly due to the company's careful planning and enhanced cost control of the “Intelligent Driving High Precision Positioning Software and Hardware Product Development and Industrialization Project”, as well as investment benefits obtained from cash management of some idle raised funds.