[CATL Plans to Place New H Shares to Raise Over HK$39 Billion] Odaily Planet Daily News - CATL (03750.HK) announced on the Hong Kong Stock Exchange on April 28 that the company has entered into a placement agreement with the placing agent. According to the agreement, the placing agent has conditionally agreed to act as the company's placing agent to facilitate the subscription of 62,385,000 placing shares by no fewer than six placees (who, along with their ultimate beneficial owners, will be independent third parties). The placing price is HK$628.20 per placing share. The total proceeds from the placement are approximately HK$39.19 billion, while the net proceeds from the placement (after deducting placement commissions and other related costs and expenses) are estimated to be approximately HK$39.11 billion. The net funds raised from this placement will be used for global new energy project construction, zero-carbon business layout, research and development investment, supplementing daily operating funds, and other general corporate purposes. (Jin10)