CATL's Successful Listing on HKEX Signals a New Era for the Zero-Carbon Economy

CATL's Entry into Hong Kong's Capital Market

On May 20, 2025, Contemporary Amperex Technology Co., Limited (CATL) achieved a significant milestone by officially listing its shares on the Main Board of the Hong Kong Stock Exchange (HKEX) under the stock code 3750. The offering consisted of 135 million shares priced at HKD 263.00 each. This listing not only marks CATL as the first A-share company to seek a secondary listing in Hong Kong with a price cap for the issuance, but it also represents a crucial step in its journey towards becoming a global leader in zero-carbon technology.

The effectiveness of CATL's listing process was evident as it managed to complete the IPO in just 128 days with a remarkable zero discount to the closing price of its A shares. On the debut trading day, CATL's stock opened at HKD 296, indicating a notable 12.55% increase from the offering price.

CATL's IPO attracted a wide array of investors from 15 countries, including sovereign wealth funds, long-term institutions, and insurance capital, reflecting strong confidence in the company’s long-term prospects and recognition of the expanding market opportunities linked to zero-carbon initiatives. "We are not just a battery component manufacturer; we are a comprehensive system solution provider committed to zero-carbon technologies," stated Dr. Robin Zeng, CATL's Chairman and CEO.

Supporting the Global Zero-Carbon Agenda

In light of the increasing urgency surrounding climate change, the zero-carbon economy has shifted from an environmental demand to a robust avenue for economic growth. CATL is at the forefront of this revolution, poised to significantly influence the transition towards a sustainable future. The company is accelerating the adoption of zero-carbon technologies through relentless innovation aimed at enhancing transportation and energy sectors.

Revolutionizing Transportation

In pursuit of global net-zero emission goals, CATL continues to innovate within the transportation sector. BloombergNEF has projected that the requisite annual investment in electric transportation will reach USD 3 trillion by 2030. With an extensive portfolio that includes cutting-edge battery swapping solutions, the company is actively supporting the transition toward new energy vehicles and innovative battery ecosystems. CATL is also engaging in partnerships like the 'Choco-Swap Alliance' to promote battery swapping systems in the passenger vehicle space.

Pioneering Zero-Carbon Energy

As the global demand for electricity is anticipated to rise by 75% by 2050, CATL is committed to ushering in a zero-carbon electricity system. The company is investing in power electronics and flexible regulation systems to ensure resilience in current grids. By developing a zero-carbon power system, CATL not only addresses existing challenges, but also creates numerous opportunities for households and businesses.

Decarbonizing Industries

Globally, 195 regions are setting high stakes for emission reductions. By 2030, an annual investment of USD 4.5 trillion will be necessary to reach net-zero emissions. CATL is taking a proactive stance by aiming to achieve carbon neutrality across all its factories this year. Furthermore, the company is implementing integrated solutions to help traditional industries such as steel and cement transition to lower carbon footprints.

Future Directions and Circular Economy Commitment

Looking forward, CATL is preparing to reveal its Global Energy Circularity Commitment, a proactive initiative aimed at fostering a robust circular economy. With investments exceeding RMB 70 billion (about USD 10 billion) in research and development over the past decade and holding over 43,000 patents, CATL sets the standard in new energy technology innovation.

CATL's listing on the HKEX not only strengthens its operational capabilities, supplier networks, and talent acquisition but also broadens its collaboration with international partners—an essential component of driving the zero-carbon future.

Through upholding innovation as its primary value, CATL remains dedicated to pushing the boundaries of zero-carbon technology, thereby supporting the global zero-carbon economy with purpose and vitality.