Joint Venture Of CATL, Deepal Auto, And Changan Automobile Increases Capital To 4 Billion Yuan

Published: Feb 3, 2026 16:06

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On January 29, 2026, the power battery enterprise Times Changan Power Battery Co., Ltd., jointly established by CATL, Deepal Auto, and Changan Automobile, completed its industrial and commercial registration changes, with its registered capital significantly increasing from 1.5 billion yuan to 4 billion yuan, a surge of 167%. Following this capital increase, the investment amounts of the three major shareholders were adjusted accordingly: CATL, as the controlling shareholder, increased its investment to 2.04 billion yuan, maintaining a 51% stake; Deepal Auto invested 1.2 billion yuan, holding a 30% stake; and Changan Automobile invested 760 million yuan, holding a 19% stake.

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