CATL Shares Fall for Two Consecutive Days; to Address Rumors of Automakers Switching Suppliers Soon

On September 15, CATL's stock price fell by 6.16%. On September 16, its share price declined another 3.44%, closing at RMB 305.48 per share, marking a 33.35% drop from its year-to-date high. In response to rumors that "certain automakers have opted for alternative power battery suppliers," CATL will issue a statement in the coming days.