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CATL Splashes RMB1B to Set Up New Energy Firm in Yancheng: Report
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Yancheng Times New Energy Technology (literal translation of "鹽城時代新能源科技"), a company wholly owned by CATL (03750.HK), was recently established with a registered capital of RMB1 billion, according to a Chinese media report, citing information from Qichacha. The new company's business scope includes the manufacturing, R&D, and sales of electronic special materials, engineering and technical research, as well as experimental developments. AAStocks Financial News |
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