China Huaneng, CATL deepen ties on manufacturing, tech R&D, innovation, nuclear power industry

Shanghai (Gasgoo)- On September 17, China Huaneng Group Co., Ltd. ("China Huaneng") and Contemporary Amperex Technology Co., Ltd. ("CATL") recently signed a strategic cooperation agreement in Ningde, Fujian, according to a post on CATL's WeChat account.

Under the agreement, the two sides will leverage their respective strengths to deepen collaboration in areas including manufacturing, new energy project development and operations, tech R&D and innovation, and the nuclear power industry.

China Huaneng Chairman Wen Shugang expressed appreciation for CATL's longstanding support and highlighted the group's progress in green transition and technological innovation.

Mr. Wen noted that as a global leader in new energy innovation, CATL already has a solid foundation of cooperation with China Huaneng. He said the two companies should broaden their partnership and strengthen collaboration in joint innovation and technical standards to help accelerate the development of a new energy and power system that aligns with China's major strategic priorities.

"With China Huaneng ranked as the world's second-largest power generator by installed capacity, it has been at the forefront of innovation", said CATL Chairman Robin Zeng. He added that CATL values its partnership with China Huaneng and sees strong alignment in their development strategies. Mr. Zeng also expressed hope that the two sides would further expand cooperation in technological innovation and global markets to achieve mutually beneficial growth.