CATL invests in BAIC New Energy to deepen partnership

In an announcement on December 24, BAIC BluePark revealed that Ningbo Meishan Bonded Port Area Wending Investment Co., Ltd., a wholly-owned subsidiary of CATL, invested 200 million yuan to subscribe for 83.9807 million shares of BAIC New Energy, accounting for 0.56% of the shares. This marks the further deepening of the cooperative relationship between CATL and BAIC New Energy.