CATL and Shanghai Municipal Government signed a strategic cooperation framework agreement

On August 18, Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as "Ningde Times") and the Shanghai Municipal People's Government held a strategic cooperation framework agreement signing ceremony in Shanghai. Secretary of the Shanghai Municipal Party Committee Li Qiang met with Zeng Yuqun, Chairman of CATL and his party.

Secretary of the Shanghai Municipal Party Committee Li Qiang said:

At present, we are thoroughly implementing the spirit of General Secretary Jin Ping’s important speech during the visit to Shanghai and the important speech at the 30th Anniversary Celebration of Pudong Development and Opening-up. Core competitiveness. The Party Central Committee has given Shanghai a series of national strategic tasks. This is not only a major opportunity for Shanghai's urban development, but also provides a broad stage for the development of various outstanding enterprises in Shanghai. CATL has a leading advantage in the fields of power batteries and energy storage systems. Welcome to take this signing as an opportunity to accelerate the implementation of cooperative projects, expand the investment layout in Shanghai, and promote more new platforms, new technologies, new projects, and new models to land in Shanghai , To play a unique role in accelerating the development of new energy vehicles, promoting the adjustment of energy structure, and ensuring the safe and orderly operation of cities. We will make every effort to create a good innovation ecology and provide various high-quality services to enable all kinds of enterprises to become bigger and stronger in Shanghai.

Zeng Yuqun, Chairman of CATL said:

Shanghai has a concentration of resource elements, various talents, and a broad market prospect. CATL attaches great importance to its strategic layout and project cooperation in Shanghai, and will fully rely on Shanghai’s advantages to increase scientific and technological innovation and business expansion, and work together to accelerate the development of new energy vehicles. The strategic opportunity of carbon peak and carbon neutrality will better assist the construction of Shanghai Science and Technology Innovation Center and high-quality economic development.

Municipal Standing Committee Member and Deputy Mayor Wu Qing and Ningde Times Chief Manufacturing Officer Ni Jun signed the contract on behalf of both parties. Municipal Party Committee Deputy Secretary and Mayor Gong Zheng, Shanghai Jiaotong University President Lin Zhongqin, Municipal Government Secretary Ma Chunlei, Municipal Government Deputy Secretary-General Chen Mingbo, Municipal Economic and Information Technology Commission Director Wu Jincheng and other leaders attended the signing ceremony.

According to the strategic cooperation framework agreement, CATL will launch related projects such as the Global Innovation Center, International Functional Headquarters, Future Energy Research Institute and high-end manufacturing base in Shanghai.

Among them, the Global Innovation Center will focus on "advanced material innovation", "structural design innovation", "extreme manufacturing innovation" and "business model innovation" and other innovation systems to carry out business layout and undertake related international business functions; the future energy research institute will cooperate with Shanghai Jiaotong University cooperates to create a cutting-edge platform that combines "scientific research and innovation" and "talent training", and tackles a batch of forward-looking technologies in the new energy field; the high-end manufacturing base will rely on the latest manufacturing technology of the Ningde era in Lingang New Area Create a green and efficient smart factory. CATL will deepen cooperation and docking with Shanghai in the fields of new energy cutting-edge technology research and innovative application, urban transportation electrification transformation, new energy high-end talent cultivation, etc., aiming at the goal of carbon peaking and carbon neutrality, and for Shanghai's urban digital transformation, Green development and soft power enhancement inject new momentum.

Ningde Times and Shanghai Economic and Information Technology Commission, Minhang District Government, and Shanghai Jiaotong University jointly signed a strategic cooperation framework agreement for the Future Energy Research Institute. Lingang New Area Management Committee, Lingang Group and Ningde Times jointly signed a production base investment agreement.