Core Viewpoint - Shenzhen Huabao New Energy Co., Ltd. has approved changes to the use of part of the raised funds for the "Digital Zero Carbon Industrial Park Project" and established a special account for fund management [2][3][4]. Fundraising Overview - The company raised a total of RMB 5,828,645,675 through its initial public offering, with a net amount of RMB 5,594,596,404.45 after deducting issuance costs [2][3]. - The funds were fully received by September 13, 2022, and verified by Tianjian Accounting Firm [2]. Fund Management and Usage - A special account has been opened for the management of the funds, in compliance with regulatory requirements, to ensure investor protection [3][4]. - The company has signed a tripartite supervision agreement with China Construction Bank and its sponsor, Huatai United Securities, to oversee the fund's usage [5][6]. New Fundraising Special Account - The new special account is specifically designated for the Digital Zero Carbon Industrial Park Project, ensuring that funds are not used for other purposes [5][6]. - The agreement stipulates that any withdrawals exceeding RMB 50 million must be reported to the sponsor [6][7]. Profit Distribution Plan - The company plans to distribute cash dividends of RMB 11.50 per 10 shares and to increase capital by 4 shares for every 10 shares held, resulting in a total capital increase of 49,581,356 shares [12][14]. - The total number of shares after the distribution will increase from 124,800,000 to 174,381,356 [15]. Key Dates - The record date for the profit distribution is set for May 29, 2025, and the ex-dividend date is May 30, 2025 [16][18].