On August 25th, Longsys made an announcement regarding an adjustment to the planned sum of raised funds earmarked for its investment projects. The net proceeds actually raised amounted to 3.668 billion yuan, which is slightly below the initially projected figure of 3.7 billion yuan. Following this adjustment, the high-end memory R&D and industrialization initiative is set to receive 880 million yuan. The memory master chip series R&D endeavor will be allocated 1.22 billion yuan. Meanwhile, the high-end storage packaging and testing infrastructure project is slated to get 500 million yuan. The remaining 1.068 billion yuan will be utilized to bolster working capital. Importantly, this modification will not impede the ongoing progress of the investment projects, nor will it alter the intended utilization of the raised funds.