300750CATLSZSE

Contemporary Amperex Technology Co., Limited

宁德时代

300750

Shenzhen Stock Exchange

IndustryElectrical, Electronic and Communication Equipment
ListedJune 11, 2018
Websitewww.catl.com
IR EmailCATL-IR@catl.com
Phone(+86)593-8901666
AddressNo. 2, Xingang Road, Zhangwan Town, Jiaocheng District, Ningde, Fujian, P.R. China.

Company Profile

Guided by "Three Strategic Directions" and "Four Innovation Systems", the Company is driving the development of various business areas. 1、The Company’s Development in Three Directions The Company’s Development in Three Directions: 1. utilizing renewable energy generation + electrochemical energy storage to replace stationary fossil energy, reducing reliance on thermal power generation; 2. utilizing EV batteries + new energy vehicles to replace mobile fossil energy, reducing the reliance of the transportation sector on petroleum; 3. utilizing electrification + intelligentization to realize integrated innovation of market applications, providing sustainable, scalable, and reliable energy sources for various industries, and promoting regional zerocarbon ecosystems and the green, low-carbon transformation of multiple sectors. 2、The Company’s Innovation in Four Dimensions Innovation is in the Company’s DNA and the driving force behind its sustainable development. Guided by the “development in three directions”, the Company has established four-pronged innovation systems: “Innovation in Material and Electrochemistry System”, “Structure System Innovation” “Green Extreme Manufacturing Innovation”, and “Business Model Innovation”. These innovation systems support the development of various business operations, and the Company practices open innovation to implement these systems. The Company will integrate digital and intelligent technologies into R&D, manufacturing, sales, and management, improving the efficiency of electrochemistry system innovation, cell development and design, and manufacturing process design. This will enable the efficient transformation and large-scale, high-quality production of scientific research into technology, products, and commodities, ensuring that the Company remains at the forefront of market competition. Innovation in Material and Electrochemistry System: The Company will continue to enhance smart development platforms such as high-throughput material integration computing platforms. By leveraging advanced algorithms and computational power, and utilizing proven platform technologies, the Company will simulate and design materials at the atomic level. This will help identify combinations of material genes, efficiently screen potential electrochemistry systems, and carry out comprehensive innovations in materials and electrochemistry systems, thereby accelerating battery design and maintaining the Company’s foresight and leadership in the development of new products and technologies. Structure System Innovation: The Company optimizes the structure system design for battery packs and chassis integration through digital design tools and methods. It continuously iterates and upgrades technologies such as CTP and CTC, further enhancing the integration of battery systems and skateboard chassis products, introducing more efficient, safer, and economical products that improve the key performance of NEVs and energy storage systems, and effectively supporting the development of NEVs and the application of energy storage systems. Green Extreme Manufacturing Innovation: The Company aims to establish a green and efficient extreme manufacturing system that ensures the safety and reliability of battery products throughout their lifecycle. Through continuous R&D investment and experience accumulation, the Company has launched the prismatic super line (PSL) and deployed it to various production bases, achieving the industry-leading DPPB level in product failure rate at cell level. In the future, the Company will continue to use technologies such as big data, cloud computing, digital twins, and 3D printing to enhance industrial digitalization, and optimize production processes, product quality, and production efficiency, aiming to build a “TWh” level of high-quality delivery capacity. Business Model Innovation: The Company will leverage the advantages of its existing business and continuously explore and expand new application fields, aiming to apply innovative technologies and products to more scenarios, including engineering machinery, ships, and aircraft, and introduce Choco-Swap, Qiji and other innovative battery swap solutions. At the same time, the Company will combine its rich experience in carbon reduction across its core operations and supply chain, actively promote zero-carbon technology products and solutions starting from regional pilot projects, supporting the development of regional zero-carbon ecosystems and the green and low-carbon transformation of various fields. Achieving a global green and low-carbon transformation requires the joint efforts of all sectors of society. The Company will, guided by the spirit of “open innovation”, practice the four-pronged innovation systems, and complement internal and external innovation capabilities, achieving efficient allocation of social innovation resources and helping drive technological progress, thereby driving shared success for all.

Full description

CATL, as a global leader in new energy innovative technologies, is dedicated to providing world-class EV and energy storage battery products and related innovative solutions for global new energy applications. 1、 EV Battery System The Company’s EV batteries include cells, modules/enclosures and packs. The Company provides a variety of chemical structures covering a broad range of energy density, such as LFP batteries, high-voltage and mediumnickel NCM batteries, high-nickel NCM batteries, sodium-ion batteries, M3P batteries, and condensed batteries, which feature fast charging, long service life, long range, high level of safety, and wide temperature adaptability. The Company provides personalized product solutions through customization or joint R&D as required by application fields and customers to meet varied customer demands for product performance. In terms of applications in passenger vehicles, the Company’s products can be applied in different market segments such as BEVs, PHEVs and HEVs, and are widely used in private cars and operating vehicles. For commercial applications, our products can be applied in buses/coaches and commercial vehicles for road passenger transportation, urban distribution, heavy-duty transportation, and road cleaning. In addition, our products also feature high energy density, high power and a high level of safety, and can also be utilized in electric tools, electric two-wheelers and more. 2、Energy Storage Battery System The Company also provides battery cells, battery cabinets, energy storage containers, AC-side systems and other solutions for energy storage. Its energy storage batteries are widely applied in both FTM and BTM energy storage systems, including utility energy storage, industrial and commercial energy storage, and data center energy storage. For cells, based on diverse application scenarios and the economy of the product lifecycle, the Company has developed a variety of customized cells for energy storage on power generation, power transmission, electricity distribution and end-user applications, which feature a broad capacity range, ultra-long service life, high level of safety and wide temperature adaptability. In terms of system integration, for FTM energy storage systems, the Company leverages technologies such as intelligent liquid-cooling temperature control, high-efficiency CTP (Cell-to-Pack) integration, and NP to introduce outdoor liquid-cooling battery cabinets like EnerOne and EnerOnePlus, along with container-based liquid-cooling battery cabinets, including EnerC, EnerCPlus, EnerD, and EnerX, designed for all climate scenarios. The Company also launches the TENER Energy Storage System, the world’s first product with zero power and capacity degradation over the first five years of use, featuring a single container energy capacity of up to 6.25 MWh. This product boasts high safety, long lifespan, and high integration advantages. For BTM energy storage systems, the Company’s products cover all voltage platforms from low voltage to medium voltage to high voltage, making them suitable for various application scenarios. The UniC series is characterized by a long lifespan, simplified operation & maintenance, and low auxiliary sources, meeting the needs of commercial and industrial energy storage. The PU100 series offers high safety, high power, and easy maintenance, making it ideal for data center energy management. 3、 Emerging Application Fields and Innovative Solutions In addition to the above applications, the Company’s EV batteries are expanding into emerging fields such as construction machinery, ships, and aircraft. The Company continuously introduces innovative solutions, including skateboard chassis, Choco-Swap battery swap solutions for passenger vehicles, and Qiji battery swap solutions for heavy-duty trucks. 4、 Battery Materials and Recycling The Company’s battery materials mainly include lithium salts, precursors, and cathodes. By recycling metals such as nickel, cobalt, manganese, lithium, phosphorus, iron, aluminum and copper in battery waste for processing, purification and synthesis, the Company is able to produce cathode materials, NCM precursors, phosphorus iron precursors and lithium salts, which are used for manufacturing lithium-ion batteries. It also recycles metals such as copper and aluminum through third parties, so that all critical metals required for battery manufacturing can be effectively recycled. Besides, to further ensure the supply of key upstream resources and materials required for battery manufacturing, the Company invests, builds, and operates lithium, nickel, cobalt, phosphorus and related product projects through self-construction, equity investment or joint venture.

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