Contemporary Amperex Technology Co. Ltd.’s board approved a plan to sell up to 58.2 billion yuan ($8.9 billion) of shares to expand the battery manufacturing giant’s production capacity amid intensifying competition in the clean energy space.
Ningde, Fujian-based CATL, which is the world’s biggest electric vehicle battery maker, will sell the China-listed shares to 35 investors at most, according to an exchange filing late Thursday. Proceeds will be used specifically for lithium-ion battery projects, new-energy research and to replenish liquidity. Shares in CATL rose as much as 5.6% Friday.
"share" - Google News
August 13, 2021 at 09:18AM
https://ift.tt/3sbCByr
Battery Giant CATL Flags $9 Billion Share Placement Plan - Bloomberg
"share" - Google News
https://ift.tt/2VXQsKd
https://ift.tt/3d2Wjnc
Bagikan Berita Ini
0 Response to "Battery Giant CATL Flags $9 Billion Share Placement Plan - Bloomberg"
Post a Comment