Contemporary Amperex Technology, which does not make cars, is crazy about investing in car companies | Jianzhi Research.
Contemporary Amperex Technology, which has repeatedly publicly announced that it will not produce autos, is increasing its investment in auto manufacturers. Recently, Zhiji Auto, a subsidiary of SAIC, welcomed a new round of financing. The new shareholders not only include the five largest banks' investment companies such as ICBC and Agricultural Bank of China, Shanghai State-owned Assets Supervision and Administration Commission and other top institutions, but also the leading power battery company Contemporary Amperex Technology participated in this capital increase. Since 2018, Contemporary Amperex Technology has invested in 9 new energy auto companies. What impact will the continuing expansion of this "friends circle" have on Contemporary Amperex Technology and related electric vehicle institutions? 1. Contemporary Amperex Technology has invested in nearly 10 new energy vehicle institutions. Now, coupled with Zhiji Auto, Contemporary Amperex Technology has
When it was first covered, did Goldman Sachs think it could increase by another 50% during the Ningde era?
Goldman Sachs is optimistic about the technological advantages and profitability of the Ningde era, and gives a purchase rating and a target price of 304 yuan. The average annual EPS growth rate in the 2024-2030 era is 26%, of which 21% comes from sales growth and 1% from unit gross profit expansion.
Lithium prices plummeted, falling out of 19% profit growth in the Ningde era | Insight Research
Q1 In the Ningde era, revenue declined, but profit increased
China Life Insurance Company Limited (CILJF) Q4 2023 Earnings Call Transcript Summary
The following is a summary of the China Life Insurance Company Limited (CILJF) Q4 2023 Earnings Call Transcript:Financial Performance:China Life reported total assets exceeding CNY5.8 trillion.Gross w
Nio Aims for Longer-life EV Batteries Through Tech Partnership With CATL
Nio (NYSE:NIO) inked a framework agreement with Contemporary Amperex Technology Co. to carry out innovation in the research and development of long-life batteries according to the needs of the electric vehicle maker's power swap.
Domestic market share returned to 50% during the Ningde era | Insight Research
The flames of the NEV price war have already burned into the power battery market. In February of this year, some second- and third-tier power battery manufacturers, such as Gateway Power, were still in a state of shutdown and production. Combined with holiday disturbances, the recovery of the power battery market was slightly slow. In February, power battery production reached 43.6 GWh, down 33.1% from month to month, down 3.6% year on year; sales volume was 37.4 GWh, down 10.1% year on year, down 34.6% month on month; installed capacity reached 18 GWh, down 18.1% year on year and 44.4% month on month. Overall, the power battery market sentiment did not perform well in February