Contemporary Amperex Technology Co., Ltd., a subsidiary of CATL, focuses on battery swapping

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A shareholder of Times Qiji Green Energy Technology (Baode) Co., Ltd., Times Qiji Green Energy Technology (Shenzhen) Co., Ltd. is a wholly-owned subsidiary of Times Qiji New Energy Technology (Shenzhen) Co., Ltd. The latter was established on September 20, 2023 and is 100% owned by Ningpu Times Battery Technology Co., Ltd. Times Qiji, a subsidiary of CATL, focuses on the battery swap field and targets the battery swap heavy truck market.