CATL received subscriptions from two oil giants, with Sinopec and Kuwait Investment Authority tied for first place

During CATL's listing on the Hong Kong Stock Exchange, Sinopec and Kuwait Investment Authority, as cornerstone investors, each subscribed for 12.50% of the shares, becoming the largest subscribers. This investment from traditional energy giants and sovereign capital not only provides financial support for CATL, but also reflects these investors' optimism about the future development of the new energy industry.