CATL's net profit exceeds 50 billion in 2024

CATL announced its financial report for 2024. The company achieved operating income of 362.013 billion yuan, a year-on-year decrease of 9.70%; net profit was 50.745 billion yuan, a year-on-year increase of 15.01%. In 2024, CATL will not implement capital reserve conversion and will not issue bonus shares. The company plans to pay a cash dividend of 45.53 yuan (including tax) per 10 shares to all shareholders, with a total amount of nearly 20 billion yuan. At the same time, the company and its holding subsidiaries plan to use no more than 40 billion yuan of their own idle funds for entrusted financial management in 2025.