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Wednesday
21 May 2025

CATL Goes Public on Hong Kong Stock Exchange

21 May 2025  by autonews.gasgoo   
On May 20, 2025, Contemporary Amperex Technology Co. Limited (CATL) listed on the Main Board of the Stock Exchange of Hong Kong Limited under the ticker 03750.HK. The company offered 135 million shares globally at HK$263.00 each, marking the first listing to use a pricing mechanism based solely on an upper price limit, aligned with its A-share closing price. The listing process was completed in 128 days, attracting investors from 15 countries, including sovereign wealth funds and institutional investors. The stock opened at HK$296.00, a 12.55% increase from the issue price.

At the listing ceremony, CATL Chairman and CEO Robin Zeng delivered a keynote speech titled “Innovating global zero-carbon technology to drive a zero-carbon economy.” He outlined CATL’s vision for advancing sustainable transportation, power, and industrial transformation: “The global transportation system is undergoing a major overhaul, with new energy vehicles and battery swapping ecosystems entering a phase of rapid growth, alongside emerging sectors like low-altitude mobility and electric vessels.” Zeng projected that by 2030, annual investment in electric transportation could surpass US$3 trillion.

CATL has developed a comprehensive product portfolio to meet growing demand, focusing on battery standardization and vehicle-battery separation models. These efforts aim to integrate transportation and energy systems, creating a sustainable ecosystem for battery production, use, and recycling. Zeng also highlighted the rising demand for zero-carbon power systems, noting: “Global electricity demand is expected to surge 75% by 2050, with potential renewable energy investment exceeding US$10 trillion.” CATL is advancing research in power electronics, flexible regulation, and virtual power plants to support next-generation clean energy grids.

The company is committed to achieving carbon neutrality across its battery plants in 2025 and is actively sharing its technologies to support the green transformation of industries like steel and cement. CATL is also piloting integrated zero-carbon solutions, collaborating on projects such as zero-carbon islands and industrial parks. Additionally, CATL launched the “Global Energy Recycling Initiative” in 2025 and plans to unveil a global vision for a battery circular economy in June, encouraging industry collaboration.

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