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CATL plans to attract up to CNY 20 billion investment to increase annual capacity of lithium-ion batteries
Contemporary Amperex Technology Co., Ltd. (CATL) announced that it plans a public offering to attract a maximum investment of CNY 20 billion. The investment will be used for: 1) CATL’s Huxi lithium-ion battery plant expansion project, 2) Third-phase project of CATL’s subsidiary in Jiangsu Province for R&D and product....
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