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Highpower Technology plans to raise up to RMB 800 million through a share placement to fund an energy storage battery project and a steel-cased laminated lithium battery initiative, with respective investments of RMB 448 million and RMB 418 million. The company aims to enhance its production capabilities, targeting significant outputs by 2025, while reporting a 16.06% year-on-year revenue increase to RMB 4.391 billion and a net profit surge of 125.90% in the first three quarters of 2025.