CATL signed a strategic cooperation agreement with Jianlong Group.

On April 10th, CATL and Jianlong Group signed a strategic cooperation agreement in Ningde, Fujian. The two parties will deeply cooperate in areas such as the electrification of the steel industry, green and smart mines, electric logistics, zero-carbon industrial parks, and supply chain collaboration. They will strive to implement over 3000 electric heavy trucks during the "14th Five-Year Plan" period, complete the layout of at least 16 battery swapping stations along logistics hub routes, and establish and operate 100 battery swapping stations. Additionally, the two parties will promote centralized and distributed solar projects, and use the Jianlong Group industrial park as a pilot to explore a two-way empowering path for the electrification and industrialization of high-energy-consuming industries.