CATL: Subsidiary plans to invest 500 million yuan in a venture capital fund.

CATL announced that its affiliate, Fujian Mindong Times Rural Investment Development Partnership, intends to participate as a limited partner in investing in the Xiamen Times Shenyuan Venture Capital Fund Partnership, with a subscribed capital contribution of RMB 500 million, holding a 10.2041% subscribed share of the fund. The fund has a total subscribed capital contribution of RMB 4.9 billion and mainly invests in fields such as artificial intelligence, embodied intelligence, technology applications, and frontier technologies, with a duration of 7 years, which may be extended in accordance with regulations. This investment falls within the approval authority of the company's general manager and does not constitute a related-party transaction or a major asset restructuring. The fund still needs to obtain filing with the Asset Management Association of China, and there is a risk that investment returns may fall short of expectations.