The Shandong Times Energy Storage and Power Battery Production Site officially commenced operations in Yanzhou District, Jining City. This marks CATL's first production site in northern China and currently the one with the largest capacity planning in the region. Zeng Yuqun, Chairman and CEO of CATL, along with relevant executives, attended the event to witness the signing of cooperation agreements covering multiple areas, including zero-carbon cities, industrial new energy transformation, large-scale battery swapping, and electrification of ships. Relevant executives from Shandong Province and Jining City also participated in the event.