The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of Ningbo Deye Technology Corporation 寧波德業科技股份有限公司 (the "Company") (A joint stock company incorporated in the People's ...

Core Insights - Contemporary Amperex Technology Co Ltd (CATL) reported increased sales and profitability in Q3 2025, with revenue reaching 104.18 billion yuan ($14.63 billion), a year-on-year increase of 12.9% [1] - Net profit attributable to shareholders rose by 41.2% to 18.55 billion yuan, with basic and diluted EPS both at 4.10 yuan, reflecting a 37% increase from the previous year [1] - For the first nine months of 2025, CATL's revenue increased by 9.3% to 283.07 billion yuan [1] Financial Performance - In Q3 2025, net profit attributable to shareholders increased by 36.2% to 49.03 billion yuan, with basic and diluted EPS at 11.02 yuan, up around 35% [2] - The company's revenue from EV battery systems constituted 73.55% of total revenue, while energy storage batteries accounted for 15.88% [3] - International markets contributed 34.22% of sales, an increase from 30.30% in the same period last year [3] Business Operations - CATL focuses on developing, manufacturing, and selling batteries for electric vehicles and energy storage applications [2] - As of June 2025, the company has established six R&D hubs and 13 battery production sites globally [2] - Management plans to allocate 90% of the IPO proceeds, approximately HK$35.7 billion (about $4.6 billion), towards constructing a new plant in Hungary to supply batteries to European automakers [4] Market Context - CATL has been affected by US-China trade tensions, with the US Department of Defense adding the firm to a watchlist over alleged military ties, which the company denies [4]