text: Original by Dongchedi Li Shuaifei
[Original by Dongchedi Industry] On September 28, CATL issued an announcement stating that the company's board of directors reviewed and passed the "Proposal on Investing in the Construction of CATL'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'L'
CATL announcement
Specially, CATL will invest in the construction of the Luoyang New Energy Battery Production Base Project in Yibin District, Luoyang City, Henan Province. The total investment of the project will not exceed RMB 14 billion, and the source of funds is self-raised by the company.
The main construction content of this project is the production line of new energy power battery system and energy storage system. The construction period is expected to start no more than 36 months, and the planned land area is about 1,700 mu.
Photo source: CATL
In addition, the implementation subject of this project is Zhongzhou Times New Energy Technology Co., Ltd., a wholly-owned subsidiary of CATL. It is understood that Zhongzhou Times New Energy Technology Co., Ltd. was established on September 26 with a registered capital of RMB 2 billion, and its business scope includes battery manufacturing, battery sales, etc.
Zhongzhou Times New Energy Technology Co., Ltd. Related information
CATL said that the company plans to rely on the industrial foundation and location advantages of Luoyang to promote cooperation with Luoyang in the fields of new energy battery research and development and production, new energy industry ecological construction and new energy technology application, and further enhance the company's core competitiveness.
It is worth mentioning that on June 22, 2022, CATL signed a cooperation agreement with Henan Provincial Government and Luoyang Municipal Government. All parties expressed that they will jointly promote the ecological construction of the new energy industry and accelerate the formation of a new energy industry cluster with competitive advantages across the country.