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On December 26, Chuangyao (Suzhou) Communications Technology Co., Ltd. released an official announcement. The announcement revealed that the timeline for three IPO-funded projects to achieve their pre-set operational states has been pushed back from December 2025 to December 2026. These projects, funded by the company's initial public offering, include the R&D and System Application Project for Power Internet of Things Chips, the R&D and System Application Project for Access SV Transmission Chips and Forwarding Chips, as well as the R&D Center Construction Project. It's important to note that this postponement does not involve any changes to the investment scope, the overall investment amount, or the implementing entity of these fundraising projects. Furthermore, it is not expected to have a significant impact on the execution of these projects.
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