CATL Plans to Invest 400 Million Yuan in Shanghai Shidai Chengyuan Venture Capital Fund

36Kr reports that CATL announced it will participate as a limited partner in the investment of Shanghai Shidai Chengyuan Venture Investment Partnership (Limited Partnership), with a subscribed capital contribution of 400 million yuan, holding a 26.64% subscription ratio in the fund. The total subscribed capital of the fund is 1.502 billion yuan, primarily invested in new energy and future energy, the convergence of artificial intelligence and digital technology with energy power, artificial intelligence, new quality productive forces, and future industries. This investment does not constitute a related-party transaction or a major asset restructuring.