Contemporary Amperex Technology (300750.SZ) is issuing new H shares for general authorization at a price of 628.2 Hong Kong dollars per share.

Contemporary Amperex Technology (300750.SZ) announced that the Board of Directors has approved the proposal to exercise general authorization to issue new H shares on the Main Board of the Stock Exchange of Hong Kong. On April 28, 2026 (before the trading session), the company entered into a placement agreement with the placing agent. Under this agreement, the placing agent has conditionally agreed to act as the company's placing agent, to facilitate the subscription of 62.385 million shares of placement shares by not less than six placing participants (including their ultimate beneficial owners being independent third parties) at a placing price of HK$628.20 per share. The total proceeds from this placement amount to approximately HK$39.19 billion, with a net proceeds of approximately HK$39.11 billion. The net proceeds from the placement will be used for global new energy projects, zero carbon business expansion, research and development, supplementation of daily operational funds, and other general corporate purposes.