CATL - Asia Tech Wire

CATL

2025.01.29

10:04

Fengfei's 2-ton eVTOL powered by CATL batteries debuts on CCTV Spring Festival Gala

On January 28, Fengfei Aviation's 2-ton eVTOL, equipped with CATL batteries, made its debut at the Spring Festival Gala, performing a flight show at the "Two Rivers and Four Banks" in Chongqing. The aircraft slowly took off and flew over the river. It is reported that Fengfei's 2-ton eVTOL is called V2000CG (Kairuiou), with a maximum take-off weight of 2 tons, pure electric power, unmanned driving, and a carrying capacity equivalent to that of a small helicopter. It is mainly used for low-altitude logistics, emergency material transportation and emergency rescue.

2025.01.28

20:23

China New Aviation: CATL files intellectual property infringement claim against the company and other defendants

China New Energy announced on the Hong Kong Stock Exchange that the company recently received a civil complaint and other related litigation materials from the Hunan Provincial High People's Court. According to the complaint, the plaintiff CATL filed a claim for intellectual property infringement against the company and other defendants (third parties independent of the company and its related parties) regarding the top cover assembly of secondary batteries and the invention patent No. ZL202011086325.8 for secondary batteries. The main litigation requests in the case include: (1) claiming that the company immediately stop infringing the plaintiff's patent rights in the lawsuit, including stopping the manufacture, sale and promise to sell products that infringe the patent rights in the lawsuit; (2) claiming that the company compensate the plaintiff for economic losses of RMB 110 million; (3) claiming that the company compensate the plaintiff for reasonable expenses of RMB 1 million incurred to stop the infringement. The patent in the lawsuit belongs to the battery top cover structure. The company has a completely independent intellectual property layout based on this type of battery top cover structure, and the company's products do not infringe. At present, the lawsuit involved in this announcement has not yet been heard in court. This lawsuit is not expected to have a significant adverse impact on the company's current and future production and operations.

09:33

Brokerage firms' February gold stocks are released: These stocks are strongly supported, optimistic about consumption, technology and other sectors

As of press time, more than 10 brokerages have announced their monthly investment portfolios for February, covering multiple fields such as consumption, energy, technology, and finance. According to incomplete statistics, among the "golden stocks" lists of various brokerages, the most recommended by institutions are CATL and Midea Group, both recommended by 4 brokerages, and Lens Technology recommended by 3 brokerages. Among them, Lens Technology has the largest increase in January, with a cumulative increase of more than 18%, and the latest closing price is 26.01 yuan; CATL fell nearly 3% in January, and the latest closing price is 257 yuan.

2025.01.27

20:00

On January 27, according to the official Weibo account of CATL, CATL recently signed a strategic agreement with logistics company DHL Group (DHL Group) to provide liquid-cooled energy storage systems and energy management platforms for DHL's logistics parks around the world.

19:58

CATL signs contract with DHL Group

On January 27, according to the official Weibo account of CATL, CATL recently signed a strategic agreement with logistics company DHL Group to provide liquid-cooled energy storage systems and energy management platforms for DHL's logistics parks around the world.

2025.01.26

21:08

The world's largest energy storage project starts, CATL becomes the preferred supplier

Recently, Masdar, a global leader in renewable energy and sustainable urban development, announced that it has chosen CATL as its preferred battery energy storage system supplier for the UAE RTC (round the clock) project. The UAE RTC project is the world's largest solar and battery combined energy storage project to date, including a battery energy storage project with a total capacity of 19GWh and a 5.2GW photovoltaic project, with a total investment of over US$6 billion. After completion, the project will become the world's first large-scale all-weather power generation project, capable of achieving 1GW of uninterrupted clean power generation 24 hours a day, setting a global benchmark for green energy development.

2025.01.25

19:17

Hong Kong stocks start underwriting price war, domestic and foreign banks compete for CATL H-share underwriting at low fees

At the end of 2024, CATL announced that it plans to issue overseas listed foreign shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange. The fundraising scale was originally estimated to be at least US$5 billion, which may be the largest IPO in the Hong Kong stock market in recent years. Morgan even estimated that its financing amount may be as high as US$7.7 billion. Recently, domestic and foreign investment banks have been scrambling to become the sponsor and main underwriter of CATL's H-share IPO. According to market rumors, CATL originally planned to pay an underwriting fee of 0.2%, and some investment banks were willing to undertake it at a rate of 0.01% of the financing amount.

2025.01.24

14:59

CATL's fourth battery factory will be located in Europe

At the Davos Forum this week, Pan Jian, co-chairman of CATL, said the company expects to cooperate with another European automaker to open a new battery factory, which will be CATL's fourth battery factory in Europe. It is understood that the first factory in Germany has a planned production capacity of 14GWh. The factory in Hungary has a planned annual production capacity of up to 100GWh, and facilities are currently being installed, and it is expected to be put into production in the second half of 2025.

2025.01.23

21:55

Public offerings' top holdings in the fourth quarter of last year are released: Cambrian, Hengrui Medicine, and North China Huaxin are among the top ten

The fourth quarter reports of public funds in 2024 have been fully disclosed. According to the latest data from Tianxiang Investment Consulting, as of the end of the fourth quarter of 2024, the top ten holdings of 5,179 actively invested equity funds (including closed-end funds, open-end equity funds, and hybrid funds) included in the statistics are CATL, Tencent Holdings, Midea Group, Kweichow Moutai, Luxshare Precision, Wuliangye, Cambrian, Zijin Mining, Hengrui Medicine, and North China Huachuang.

06:03

Looking at the industry's "cold and warm" from the perspective of leading companies, semiconductor and automotive leaders have significantly led in profits

According to the Securities Times, more than 1,570 A-share listed companies have released performance forecasts or express reports for 2024. According to the forecast lower limit data and express report data, 798 companies achieved profitability throughout the year, accounting for more than 50%. There are 378 companies (excluding loss-making) that have achieved profitability and year-on-year growth. The performance of Zhengdan Co., Ltd., North China Pharmaceutical, Sinomach Automobile, Demingli, and Huguang Co., Ltd. has increased significantly, with an increase of more than 1,000%. As the annual report forecasts are disclosed one after another, many leading companies have revealed the "true face" of their performance. The leading companies are the leaders in the industry and are very representative. They can be used as a vane to peek into the operating conditions of the entire industry. Securities Times Databao conducts performance statistics on individual stocks with a market value of more than 50 billion yuan to explore the profitability of different industries in 2024. As of January 22, 60 companies with a market value of more than 50 billion yuan have released performance forecasts or express reports. Judging from the forecast net profit lower limit or express report, only 6 companies are expected to lose money, and the proportion of companies expected to make a profit has reached 90%. 16 companies including Kweichow Moutai, COSCO SHIPPING Holdings, CATL, Zijin Mining and others had net profits exceeding 10 billion yuan. From the perspective of industry, the performance of the technology industry is quite differentiated; the photovoltaic industry is generally in the red; the banking sector is generally expected to increase; the utilities sector performed well; the automobile industry maintained a high prosperity, and the performance of many leading companies increased significantly; the breeding industry showed signs of getting out of the downward cycle, Muyuan shares and Wens shares turned losses around, and Haida Group's performance was expected to increase.

2025.01.21

16:58

Pan Jian, Co-Chairman of CATL: New European JV Factory Expected to Be Announced This Year

Pan Jian, co-chairman of CATL, said on Tuesday at the Davos Forum that CATL announced in December last year that it would establish a joint venture power battery factory with Stellantis in Spain, and that CATL is expected to announce new joint venture factory projects with other OEMs in Europe this year.

2025.01.20

13:57

Chinese lithium battery companies set off a wave of expansion

At the beginning of the new year, the Chinese lithium battery industry ushered in a wave of capacity expansion. Many leading battery companies including CATL, EVE Energy, and Rept Battero announced new progress in capacity construction projects.

13:48

The A-share share price of CATL expanded its gains to 6% in the afternoon, with a turnover of over 7.3 billion yuan.

13:44

CATL's afternoon gains expanded to 6%

CATL's share price rose by 6% in the afternoon, with a turnover of over 7.3 billion yuan.

2025.01.19

20:04

CATL becomes the preferred supplier for the world's largest energy storage project

On January 17, Masdar, an energy company of the United Arab Emirates, announced that CATL has become the preferred battery energy storage system supplier for the UAE RTC, the world's largest solar and battery combined energy storage project. The total investment of the project exceeds US$6 billion, including a battery energy storage project with a total capacity of 19GWh and a photovoltaic project of 5.2GW. CATL will provide its Tianheng battery energy storage system in this cooperation.

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