Core Points - Tengyuan Cobalt Industry (301219.SZ) closed at 64.36 yuan, with a decline of 3.80%, and a total market capitalization of 18.968 billion yuan, currently in a state of breaking issue [1] - The company was listed on the Shenzhen Stock Exchange's ChiNext board on March 17, 2022, with an initial public offering (IPO) of 31.4869 million shares at a price of 173.98 yuan per share [1][2] - The total funds raised from the IPO amounted to 5.478 billion yuan, with a net amount of 5.204 billion yuan after deducting issuance costs, exceeding the original plan by 3.006 billion yuan [2] Fund Utilization - The funds raised were intended for projects including an annual production capacity of 20,000 tons of cobalt and 10,000 tons of nickel metal products, as well as for working capital [2] - The total issuance costs were 274 million yuan, with the underwriting fees for the sponsor, Dongxing Securities, amounting to 245 million yuan [2] Dividend Distribution - In 2021, the company announced a dividend distribution plan of 39.9 yuan per 10 shares (including tax) and a capital reserve increase of 8 shares for every 10 shares held [2] - For the year 2022, the company proposed a cash dividend of 12.00 yuan per 10 shares (including tax), totaling 272.046 million yuan, along with a capital reserve increase of 3 shares for every 10 shares held, increasing the total share capital to 294,717,182 shares [3]