Hangzhou Zhongheng Electric Co LtdControlling shareholder receives 4.1 billion yuan capital increase from CATL, promoting business synergy and strategic cooperation.
Zhongheng Electric's controlling shareholder, Hangzhou Zhongheng Technology Investment Co., Ltd., has received a 4.1 billion yuan capital increase from CATL. CATL plans to subscribe to 14.41176471 million yuan of newly increased registered capital in Zhongheng Technology Investment for 4.09985882353 billion yuan, of which 3.51185882353 billion yuan will be paid in cash, and its 241.815 million yuan registered capital in Shidai Tianyuan will be valued at 588 million yuan as a capital contribution. After the transaction is completed, CATL will hold a 49% equity stake in Zhongheng Technology Investment, while Zhu Guoding and his concert party Bao Xiaoru will hold a combined 51% stake, with the controlling shareholder and actual controller remaining unchanged. The company stated that this capital increase is conducive to promoting business synergy and strategic cooperation between CATL and Zhongheng Electric.
Hangzhou Zhongheng Electric Co LtdControlling shareholder receives 4.1 billion yuan capital increase from CATL, promoting business synergy and strategic cooperation.
Contemporary Amperex Technology Co Ltd Class ACATL invests 4.1 billion yuan in Zhongheng's controlling shareholder, gaining 49% stake and fostering strategic cooperation.
Receives 4.1 billion yuan capital increase from CATL, strengthening its financial position and strategic alignment.
Its registered capital is valued at 588 million yuan as part of CATL's capital contribution, indicating increased value.