CATL Sets Up New Materials Technology Firm in Ya'an with RMB 400 Million Capital
Contemporary Amperex Technology Co. , Limited (CATL) has recently established a new materials technology company in Ya'an, with registered capital of RMB 400 million. The company's business scope covers smelting of common non-ferrous metals, manufacturing and sales of non-ferrous metal alloys, and mineral washing, processing and ore dressing. Business registration information shows that the company is wholly owned by CATL.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Base Metals, with intensity 40/100 and 70% confidence over a medium term horizon.
Mining & Resources · 2.3
Base Metals
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.