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CATL, Changan Automobile, and others establish power battery companies in Chongqing
Qichacha APP shows that recently, Shidai Changan (Chongqing) Power Battery Co., Ltd. was established, with Zhu Yunfeng as the legal representative and a registered capital of 1 billion yuan. Its business scope includes: battery manufacturing; battery sales; emerging energy technology research and development; new material technology research and development; manufacturing of electronic special materials; sales of electronic special materials, etc. The equity penetration analysis on Qichacha indicates that the company is wholly owned by Shidai Changan Power Battery Co., Ltd., which is jointly held by CATL, Shenlan Automotive Technology Co., Ltd., and Changan Automobile. (People’s Financial News)