CATL Indirectly Establishes Chongqing New Energy Subsidiary
Chongqing Runpei New Energy Co. , Ltd. was recently established, with a business scope that includes emerging energy technology research and development, solar power technical services, heat production and supply, and contract energy management.
Its equity structure shows that the company is indirectly wholly owned by CATL.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Wind & Solar Power, with intensity 30/100 and 60% confidence over a medium term horizon.
Energy · 1.10
Wind & Solar Power
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Medium term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 25
- Confidence
- 55%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.