


CATL's acquisition of equity interests in China Automotive Industry Corporation of Beijing was approved
According to news from this site on May 9, the latest list of unconditionally approved cases of concentration of undertakings released by the State Administration for Market Regulation shows that CATL New Energy Technology Co., Ltd.’s acquisition of the equity of Beijing China Automotive Research Institute Technology Co., Ltd. has been approved.

Public information shows that Beijing China Institute of Automotive Engineering Technology Co., Ltd. is the wholly-owned subsidiary of China Automotive Engineering Research Institute Co., Ltd. (referred to as "China Automotive Research Institute"). capital subsidiary. China Automotive Engineering Research Institute is a central enterprise and a first-class scientific research institute under the State-owned Assets Supervision and Administration Commission. It is a national third-party certification and testing agency and a listed company.

In 2011, Ningde Times New Energy Technology Co., Ltd. was established in China. It is one of the first power battery manufacturers in China to have international competitiveness. 1. As of the time of publication of this website, the market value reached 916 billion yuan.
The above is the detailed content of CATL's acquisition of equity interests in China Automotive Industry Corporation of Beijing was approved. For more information, please follow other related articles on the PHP Chinese website!

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According to news from this site on April 7, CATL officially announced that the 2024 CATL new energy storage product launch conference will be held at 15:00 on April 9. "As the 'boss' in the field of power batteries, CATL is expected to focus on CATL's new energy storage battery products at this conference and focus on the second growth end." According to a query on this site, CATL will achieve lithium-ion battery sales throughout 2023 390GWh increased by 34.95% year-on-year, of which power battery system sales were 321GWh, a year-on-year increase of 32.56%; energy storage battery system sales were 69GWh, a year-on-year increase of 46.81%. CATL's energy storage battery system revenue will only account for 14.94% of total revenue in 2023. Currently, CATL provides energy storage products such as battery cells, battery cabinets, energy storage containers, and AC side systems.

According to news from this website on July 26, CATL released its 2024 semi-annual report: revenue in the first half of this year was 166.77 billion yuan, a year-on-year decrease of 11.88%; net profit attributable to the parent company in the first half of the year was 22.865 billion yuan, a year-on-year increase of 10.37%. 1. Market share: CATL’s global market share of power battery usage from January to May 2024 was 37.5%, an increase of 2.3 percentage points from the same period last year, and continues to rank first in the world. Energy storage field: CATL has ranked first in the world in terms of energy storage battery shipments for three consecutive years. R&D investment: CATL’s R&D investment in the first half of this year reached 8.592 billion yuan, a year-on-year decrease of 12.77%. In terms of products or services, the gross profit margin of CATL's power battery system in the first half of the year reached 26.90%, an increase of 6.9% compared with the same period last year.

CATL disclosed in an announcement on the evening of February 8 that it received notices from the company’s actual controllers Zeng Yuqun and Li Ping. After consultation, the two parties unanimously signed the "Termination Agreement of the Persons Acting in Concert Agreement" and decided to terminate the agreement between the two parties on October 23, 2015. Signed "Concert Acting Persons Agreement". This website learned from the announcement that after Zeng Yuqun and Li Ping terminated the concerted action relationship, the actual controller of the company was changed from Zeng Yuqun and Li Ping to Zeng Yuqun. This time Zeng Yuqun and Li Pingjun are not involved in the reduction of shareholdings. Ningde Times announced that Zeng Yuqun and Li Ping decided to terminate the relationship as persons acting in concert after friendly consultations. This move aims to better respond to changes in the internal and external environment, further optimize the company's decision-making mechanism, and promote sustainable business development. Before the concerted action relationship was terminated, Zeng Yuqun served as chairman and general manager of the company.

According to news on November 16, at the 2023 International Automotive Electronics and Software Conference Dishui Lake Summit, Wu Kai, chief scientist of CATL, announced a major technological breakthrough. He said that Times Intelligence, a subsidiary of CATL, has successfully developed a new type of skateboard chassis. This technology has been applied on B-class cars in cooperation with CATL and has been fully tested under extreme climate conditions. Wu Kai introduced in detail many technical features of the skateboard chassis. This chassis enables battery assembly efficiency to reach 75%, pushing the cruising range to exceed the 1,000-kilometer mark. Under extreme low temperature conditions, battery performance degradation is controlled to less than 30%, and it remains stable even in an environment of minus 7 degrees. In addition, this model also achieves significant improvements in power consumption per 100 kilometers.

This site reported on June 20 that BAIC Group, CATL, and Times Electric Services signed a cooperation framework agreement on the battery swap project on June 18. This cooperation aims to promote the standardization of battery swapping. The specific contents include: battery swapping model development, battery swapping block development/circulation, battery swapping station regional cooperation, and battery-related data management. According to reports, Ningde Times established a battery swap joint venture with Didi in January this year; on May 16, GAC Aion joined the Chocolate Battery Swap Alliance. This site previously reported that BAIC and CATL have reached a cooperation. The two parties plan to cooperate in the aspects of power battery supply, battery swapping and V2G technology introduction, as well as the joint development and application of new CIIC integrated intelligent chassis products. BAIC Group issued a statement yesterday that the two parties will cooperate in intelligent chassis, battery swap business, battery swap block development, and battery swap block circulation.

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