On February 14, 2022, Contemporary Amperex Technology Co.Limited(300750) (hereinafter referred to as " Contemporary Amperex Technology Co.Limited(300750) ") held a small-scale investor communication meeting in the conference room on the first floor of its headquarters building located at No. 2 Xingang Road, Zhangwan Town, Jiaocheng District, Ningde City, Fujian Province.
According to the reporter of China business daily, Zeng Yuqun, chairman of Contemporary Amperex Technology Co.Limited(300750) company, responded and answered many questions such as whether to build a factory in the United States.
Regarding the consideration of Contemporary Amperex Technology Co.Limited(300750) whether to build a factory in the United States, a capital market person told reporters that Contemporary Amperex Technology Co.Limited(300750) is also considering the possibility of setting up factories in Mexico, Canada and other places. The training of American labor force is very difficult. In addition, trade unions, costs, safety and other issues should be considered. However, Zeng Yuqun stressed at the communication meeting: "in the American market, Contemporary Amperex Technology Co.Limited(300750) must enter."
When the reporter called Contemporary Amperex Technology Co.Limited(300750) staff to confirm the specific details of the investor communication meeting, the staff said: "please leave a message on the official website and reply to relevant questions later." However, as of press time, no reply has been received from Contemporary Amperex Technology Co.Limited(300750) staff.
It is worth mentioning that the contribution of overseas business to the operating performance of Contemporary Amperex Technology Co.Limited(300750) should not be underestimated Contemporary Amperex Technology Co.Limited(300750) released the announcement that in 2018, 2019, 2020 and January September 2021, the proportion of the company's overseas revenue in the operating revenue was 3.53%, 4.37%, 15.71% and 21.21% respectively, and the contribution of overseas business to the company's operating performance increased significantly. If the overseas market environment or relevant policy factors change adversely, or the company's capacity construction cannot meet the needs of overseas customers in time, or the company's overseas market development is not as expected, it will have an adverse impact on the company's operating performance.
According to the reporter, Contemporary Amperex Technology Co.Limited(300750) this communication meeting may be related to the previous fixed increase project. One month ago, Contemporary Amperex Technology Co.Limited(300750) issued the prospectus for the issuance of shares to specific objects (Registration draft). The total amount of funds raised in this issuance of shares does not exceed 45 billion yuan (including the number of shares), and the issuance objects are no more than 35 specific objects. The objects of this issuance are legal investors such as securities investment fund management companies, securities companies, trust and investment companies, financial companies, insurance institutional investors, qualified overseas institutional investors, other domestic and foreign institutional investors and natural persons who have the subscription conditions specified in the then effective laws and regulations.
According to the statement in the prospectus for offering shares to specific objects (Registration draft), the issuance price of this issuance shall not be less than 80% of the average price of A-Shares of the company 20 trading days before the pricing base date (the average price of A-Shares 20 trading days before the pricing base date = the total trading volume of A-Shares 20 trading days before the pricing base date / the total trading volume of A-Shares 20 trading days before the pricing base date).
However, the final issue price will be determined by the board of directors of the company through consultation with the sponsor (lead underwriter) of the issue in accordance with the relevant provisions of the CSRC and the Shenzhen Stock Exchange and the bidding results after the issuance is reviewed and approved by the Shenzhen Stock Exchange and approved by the CSRC for registration.
Contemporary Amperex Technology Co.Limited(300750) 's announcement shows that the capital investment progress of the company's previous fund-raising investment projects is basically consistent with the project construction progress. "The company's previous fund-raising and investment projects mainly focus on the production and R & D projects of lithium-ion batteries. It is the general trend for new energy vehicles to replace fuel vehicles. Therefore, the implementation environment of the company's fund-raising and investment projects has not undergone significant adverse changes and will not have a significant adverse impact on the implementation of this fund-raising and investment project."
The net capital raised from the company's initial public offering in 2018 was 53520845 million yuan, and the investment projects include Contemporary Amperex Technology Co.Limited(300750) Huxi lithium ion power battery production base, etc; In 2020, the company raised 19617771300 yuan net from non-public offering of shares, and its investment projects include Contemporary Amperex Technology Co.Limited(300750) Huxi lithium ion battery expansion project, etc.
As of September 30, 2021, the funds raised by the company's initial public offering in 2018 have been used up, and the amount used by the company's non-public offering in 2020 accounted for more than 70% of the net raised funds. The funds raised by the company's non-public offering of shares in 2020 were in place in July 2020. The time interval between the funds raised by the company's previous offering and the resolution date of the board of directors of this offering has exceeded 6 months, and the funds raised in the previous offering have been basically used up.