Contemporary Amperex Technology Co., Ltd (CATL) and Changan Automobile have jointly established a new power battery company with a registered capital of 1 billion yuan.

Tianyancha's business information shows that recently, Times Chang'an Power Battery Co., Ltd. was established, with Zhu Yunfeng as the legal representative and a registered capital of 1 billion RMB. Its business scope includes battery manufacturing, battery sales, research and development of new energy technologies, research and development of new materials technologies, manufacturing and sales of electronic special materials, and engineering and technical research and experimental development. The equity panorama penetration map shows that the company is wholly owned by Times Chang'an Power Battery Co., Ltd., which is jointly owned by CATL, Blue Amperex Technology Limited, and Chang'an Automobile.