CATL raises fund of CNY 19.7 billion via non-public offering

Contemporary Amperex Technology Co., Ltd. (CATL) announced its plan to issue 122,360,248 new shares in a non-public manner, which are to be listed on the Shenzhen Stock Exchange on August 4, 2020. These shares were issued to such companies as Hillhouse Capital Management Limited (Hillhouse Capital) and Honda Motor (C....

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