Manufacturer of specialized in various engine camshafts

CATL invests in the establishment of a battery technology company, including vehicle sales

by:Yisheng      2021-06-15

Recently, it was learned from Enterprise Check that Ningpu Times Battery Technology Co., Ltd. (hereinafter referred to as Ningpu Times) was registered and established recently. The legal representative is Zheng Fu with a registered capital of 500 million yuan. The business scope includes new material technology research and development, Electronic special materials research and development, technology promotion and application services, battery manufacturing, battery sales, battery leasing, recycling of waste power batteries for new energy vehicles (excluding hazardous waste management), research and development of auto parts, sales of new energy vehicles, and sales of charging piles Wait.




Image source: Qichacha


According to the equity penetration of enterprises, Ningpu Times is jointly controlled by China Logistics Holdings No. 116 and Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as New Energy), and both have subscribed and contributed capital They are 255 million yuan and 245 million yuan respectively, holding 51% and 49% of the shares respectively.




Ningpu Times Equity Penetration Chart; Picture Source: Qichacha


Since December, the Ningde era has moved frequently. Prior to this, CATL invested 7.8 million yuan to establish Fujian Hongda Times New Energy Technology Co., Ltd. to serve electrification projects in the mining field. On December 29, CATL issued three announcements in a row, announcing that it would invest in the expansion of the Jiangsu Times Power and Energy Storage Lithium Battery Ru0026D and Production Project (Phase IV), the power battery Yibin manufacturing base project, and the Li-ion battery Fuding production base project. The investment does not exceed 39 billion yuan, and the source of funds is self-raised by the company.

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