CATL (03750) saw its shares rise more than 5% in afternoon trading. As of the latest update, the stock was up 4.69%, trading at HK$636.5, with a turnover of HK$3.117 billion. On April 27, CATL and Hyperstrong signed a strategic cooperation agreement for energy storage sodium-ion batteries in Ningde, Fujian. The agreement includes a three-year order for 60GWh of sodium-ion batteries, making Hyperstrong CATL's first strategic partner in sodium-ion energy storage. The two companies will collaborate comprehensively in technology research and development, product application, and project implementation. This partnership sends a clear signal to the industry: large-scale industrialization of sodium batteries has officially arrived. Notably, on April 28, CATL announced plans to place 62.385 million new H shares, raising approximately HK$39.19 billion in total proceeds. The placement will effectively strengthen the company's capital base, optimize its shareholder structure, and further integrate it into the global capital markets. The funds will provide crucial financial support for accelerating the construction of CATL's overseas new energy projects, improving related production capacity and business support systems, deepening the layout of global supply chain resources, advancing downstream ecosystems and overseas zero-carbon initiatives, and increasing research and development investments, thereby consolidating its competitive advantage in the global market.