CATL Fully Establishes Yancheng Era New Energy with RMB 1 Billion Registered Capital

Recently, Yancheng Contemporary Amperex Technology Co., Ltd.—a wholly owned subsidiary of CATL—was officially established with a registered capital of RMB 1 billion. The company’s business scope includes the research and development, manufacturing, and sales of specialized electronic materials, as well as engineering and technical research and testing services. This move marks CATL’s further expansion along the new energy industry chain, creating new growth opportunities for the company and boosting regional development in the new energy sector. As the world’s leading manufacturer of power batteries, CATL continues to intensify its investments in technology and production capacity to strengthen its core competitiveness in the new energy field.