Contemporary Amperex Technology Co. Limited (CATL): Continuously expanding global high-quality upstream resources to mitigate the impact of volatile lithium prices

According to data from Golden Finance, CATL stated during a recent survey that lithium resources are not scarce globally, with many new projects currently under development. With new production capacity gradually coming online, a supply and demand reversal began last year, leading to a corresponding decrease in lithium prices. The company will continue to expand its global high-quality upstream resources. With the production of its own mining projects, this will help ensure a stable supply of resources, smooth out cost fluctuations, and reduce the impact of volatile lithium prices on the company.