Contemporary Amperex Technology Co. Ltd. (CATL) has established a new energy technology company in Quanzhou, with a registered capital of 2 billion.

Tianyancha's business information shows that on March 5th, Quanzhou Era New Energy Technology Co., Ltd. was established, with Chen Weifeng as the legal representative and registered capital of 2 billion RMB. Its business scope includes new material technology promotion services, battery manufacturing, battery sales, electronic special material manufacturing, electronic special material sales, technical services, technical development, technical consulting, technical exchange, technology transfer, technology promotion, and import and export of goods. Shareholder information shows that the company is fully owned by Contemporary Amperex Technology Co. Limited.