[Lithium Battery: Jiangsu Kaiyang Ship Adds CATL As New Shareholder]

Published: Jul 10, 2026 13:52

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Recently, Jiangsu Kaiyang Ship Co., Ltd. underwent industrial and commercial changes, with the original shareholder, Changzhou Longcheng Ship Repair Co., Ltd., withdrawing and CATL's wholly-owned subsidiary, CATL Electric Ship Technology Co., Ltd., becoming a new shareholder. At the same time, the principal personnel of Kaiyang Ship have also been changed. Times Electric Ship fully acquired the 3.5714% stake previously held by Changzhou Longcheng Ship Repair Co., Ltd., and also acquired a 3.8286% stake held by the largest shareholder, Jiangsu Haotai New Energy Technology Co., Ltd. This brings its total stake in Kaiyang Ship to 7.4%. While other companies are competing in the automotive battery market, CATL has already set its sights on the shipping sector. Earlier, CATL's wholly-owned subsidiary, Wending Investment, withdrew from the shareholder ranks of Wuhu Shipyard. This shows that CATL is continuously adjusting its strategic positioning in the maritime electrification track.

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