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According to the official news of CATL, on October 28, CATL and the Guizhou Provincial Government signed a strategic cooperation agreement in Guiyang. Cai Chaolin, vice governor of Guizhou Province, Ma Ningyu, deputy secretary of the Guiyang Municipal Party Committee and acting mayor, and Jiang Li, secretary of the board of directors of Ningde Times, signed the agreement on behalf of both parties.
Chen Yiqin, secretary of the Guizhou Provincial Party Committee and director of the Standing Committee of the Provincial People's Congress, said that the in-depth cooperation between Guizhou and the Ningde era meets the requirements of high-quality development, and is an active exploration and beneficial practice of building a green and low-carbon circular development industrial system around the goal of carbon peaking and carbon neutrality. It is hoped that the two sides will take the signing of the strategic cooperation agreement as a new starting point to promote the early implementation of cooperation matters.
Zeng Yuqun, chairman of CATL, expressed his gratitude to Guizhou for its strong support for NINGDE Times. Guizhou's resource endowments and industrial base are highly compatible with the technical advantages and manufacturing advantages of the Ningde era. The Ningde era will deeply cultivate Guizhou, seize the huge industrial opportunities brought about by carbon peak carbon neutrality, go all out to make the new energy industry bigger and stronger, and contribute to the high-quality development of Guizhou.
In the future, CATL will work with Guizhou Province to promote the local new energy industry to supplement the chain, extend the chain and strengthen the chain, give full play to the advantages of leading industrial enterprises in the market, science and technology, talents, etc., and jointly build a lithium battery whole industry chain system from lithium batteries, upstream phosphorus fluorine chemicals and battery materials to downstream market applications and battery recycling.
CATL previously announced its financial report for the third quarter of 2021. In the quarter, the company achieved a net profit of 3.267 billion yuan year-on-year by 130%. Subsequently, the stock of CATL surged sharply, and the total market value exceeded 1.5 trillion yuan.