According to CoinMeta, Zhiyang Innovation announced that the company plans to raise no more than 904 million yuan (including the principal amount). The funds raised will be used for the research and development of multi-domain embodied intelligence and artificial intelligence entities, the development of intelligent perception terminals and their analysis and management platforms, the industrialization upgrade and transformation of global artificial intelligence perception terminals and the construction of supporting energy facilities, as well as to supplement working capital and repay interest-bearing liabilities. The company may make appropriate adjustments to the order of investment and the specific amounts of the raised funds according to the project progress and funding needs.