Core Viewpoint - Shenzhen Huabao New Energy Co., Ltd. is planning to list on the Hong Kong Stock Exchange, with CICC and Morgan Stanley as joint sponsors [1] Fundraising Purpose - The funds raised from the Hong Kong listing will be used for the following purposes: 1. Investment in the construction of a research and development center to develop higher energy density portable energy storage products and intelligent energy management systems [2] 2. Expansion of the Huizhou production base to increase the annual production capacity of portable energy storage devices by 5 million units [2] 3. Expansion of the global marketing network, focusing on Europe, North America, and Southeast Asia [2] 4. Supplementing the company's daily operational working capital and optimizing the capital structure [2] Company Overview - Huabao New Energy specializes in the research, production, and sales of portable energy storage power supplies, with main products including outdoor power supplies, solar charging panels, and related accessories, applicable in outdoor camping, emergency backup, and professional operations [3] - The company has established a global sales system through brands like "Dian Xiao Er," with products sold in over 100 countries and regions, aiming to provide users with green and portable energy solutions [3]