Fulin Jingong and CATL Jointly Inject Capital into Subsidiary, Stake Drops to 64.37%

Recently, Fulin Jinggong announced a joint capital increase in one of its subsidiaries together with Contemporary Amperex Technology Co. Limited (CATL). Following this capital injection, Fulin Jinggong's stake in the subsidiary has decreased from a controlling position to 64.3653%. The collaboration aims to strengthen the subsidiary’s capital base and accelerate its business expansion in areas such as new energy vehicle components. CATL, a global leader in power batteries, is participating in this capital increase, underscoring the deepening synergy between the two companies along the industrial chain.