CATL's performance in 2023 is outstanding

In 2023, CATL achieved revenue of 400.921 billion yuan, a year-on-year increase of 22.01%; net profit reached 44.1 billion yuan, a year-on-year increase of 44%. In terms of global power battery installations, CATL ranked first with 259.7GWh, with a market share of 36.8%. Among them, the energy storage battery business revenue reached 59.9 billion yuan, a year-on-year increase of 33%, becoming the fastest growing business segment; the battery materials and recycling business segment revenue reached 33.6 billion yuan, a year-on-year increase of 29%. CATL's overseas revenue reached 130.992 billion yuan, a year-on-year increase of 70.29%, and the proportion of overall revenue increased to 32.67%.