Recently, Suzhou Times New Energy Technology Co., Ltd. was officially established on March 5th. The legal representative is Chen Ling, with a registered capital of Yuan 2 billion. The company is located in the Huqiu District of Suzhou City, Jiangsu Province.
Its business scope includes research and development in emerging energy technologies, battery manufacturing, battery sales, production and sales of battery parts and accessories, and new material technology promotion services.
According to equity information, the company is wholly owned by CATL. This indicates that CATL's new subsidiary in Suzhou has officially landed, and its strategic layout in the region will continue to deepen.
Edited by Cassie Li, lixiangying@mysteel.com
