Core Viewpoint - The company, Zhengli New Energy, has announced a placement agreement with an exclusive placement agent to issue new H-shares at a price of HKD 10.98 per share, aiming to raise approximately HKD 500.38 million for various projects and operational needs [1] Group 1: Placement Details - The company plans to issue a total of 45,921,000 new H-shares [1] - The estimated net proceeds from the placement, assuming full subscription, will be approximately HKD 500.38 million [1] Group 2: Use of Proceeds - Approximately 70% of the proceeds will be allocated to support the construction, equipment procurement, and preparatory expenses related to the second phase of the new production facility in Changshu [1] - About 10% of the funds will be used for the construction of a pilot line for all-solid-state batteries [1] - Another 10% will be dedicated to research and development activities [1] - The remaining 10% will be utilized for working capital and general corporate purposes [1]