CATL and CALB Establish New Subsidiaries to Enhance Battery Manufacturing and Energy Storage
CATL has registered two wholly-owned subsidiaries, Quanzhou Contemporary Amperex Technology Limited and Suzhou Contemporary Amperex Technology Limited, each with a registered capital of RMB 2 billion. CALB has also established Jiangmen Kaibo Energy Storage Co., Ltd. and its subsidiary Heshan Kaibo Energy Storage Technology Co., Ltd., both with a capital of RMB 10 million. These developments support the companies' expansion in battery manufacturing and energy storage.
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CATL has established two wholly-owned subsidiaries, Quanzhou Contemporary Amperex Technology Limited and Suzhou Contemporary Amperex Technology Limited, each with a registered capital of RMB 2 billion. Both companies will focus on battery manufacturing, specialized electronic materials, and related services.
These entities enhance CATL's industrial presence in Quanzhou, Fujian, and Suzhou, Jiangsu. Concurrently, CALB has founded Jiangmen Kaibo Energy Storage Co., Ltd., also 100% owned, for energy storage equipment manufacturing, and its subsidiary Heshan Kaibo Energy Storage Technology Co., Ltd. This expansion strengthens CALB's energy storage capabilities in South China.
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