Basic Information on Fundraising
According to the approval from the China Securities Regulatory Commission regarding the registration of Zhejiang Hengwei Battery Co., Ltd.'s initial public offering (Approval No. [2022] 52), the company publicly issued 25,333,400 ordinary shares (A shares) at a price of RMB 33.98, and was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on March 9, 2022. The total amount raised was RMB 860,828,932.00, with a net amount of RMB 756,145,417.04 after deducting related issuance costs. The raised funds were transferred to the company's designated account on March 4, 2022. Tianjian Accounting Firm (Special General Partnership) audited and issued Verification Report No. [2022] 73. The company has opened a special account for the raised funds, implementing dedicated storage of the funds, and has signed a tripartite supervision agreement with the bank where the account was opened and the sponsor in