Securities Code: 300750
Securities Abbreviation: CATL
Announcement Number: 2026-070
Ningde Times New Energy Technology Co., Ltd.
Announcement on Participating in the Investment of Hainan Times Green Industry Investment Fund Partnership (Limited Partnership)
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Investment Overview
(I) Basic Investment Situation
Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as the "Company" or "CATL") signed the "Hainan Times Green Industry Investment Fund Partnership (Limited Partnership) Partnership Agreement" (hereinafter referred to as the "Partnership Agreement") with Xiamen Puquan Private Equity Fund Management Partnership (Limited Partnership) (hereinafter referred to as "Xiamen Puquan") and Hainan Free Trade Port Construction Investment Fund Co., Ltd. (hereinafter referred to as "Hainan Free Trade Port Fund") on August 12, 2026. The Company, as one of the limited partners, will participate in the investment in "Hainan Times Green Industry Investment Fund Partnership (Limited Partnership)" (proposed establishment, hereinafter referred to as the "Fund" or "Partnership"). The Company's subscribed capital contribution is RMB 2.475 billion, representing a 49.50% share of the Fund (hereinafter referred to as the "Current Investment").
(II) Deliberation Situation
According to the "Shenzhen Stock Exchange GEM Stock Listing Rules" and the "Company Articles of Association," the Current Investment falls within the approval authority of the Company's General Manager and does not require submission to the Board of Directors or Shareholders' Meeting for approval.
The Current Investment does not constitute a related party transaction, nor does it constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
II. Basic Information of the Professional Investment Institution and General Partner
(I) Basic Information
Xiamen Puquan is the general partner and fund manager of the Fund. Its basic information is as follows:
Company Name: Xiamen Puquan Private Equity Fund Management Partnership (Limited Partnership)
Date of Establishment: May 10, 2023
Registered Address: Unit 2-A638, 22nd Floor, Lianqian Group Building, 323 Qianpu Road, Siming District, Xiamen
Registered Capital: RMB 30 million
Managing Partner: Hu Wenjun
Enterprise Type: Limited Partnership Enterprise
Unified Social Credit Code: 91350203MACJ86R91H
Business Scope: Licensed projects: Private equity fund management, venture capital fund management services (operations can only be carried out after registration and filing with the Asset Management Association of China). (For projects that require approval according to law, business activities can only be carried out after approval by relevant departments. The specific business projects are subject to the approval documents or licenses of relevant departments.)