CATL (300750.SZ) intends to invest not more than $225 million in Lochpine Green Fund I, LP to deploy in the field of carbon neutrality.

Zhtng Cijng APP news, Ningde Times (300750.SZ) announced that the company plans to participate in the overseas private equity investment fund Lochpine Green Fund I, LP through its wholly-owned overseas subsidiary Hong Kong Times New Energy Technology Co., Ltd. (referred to as "Hong Kong Times") as a limited partner. The fund mainly focuses on investment in the carbon neutrality field in the upstream and downstream sectors, with a target size of $1.5 billion (the final size will be determined based on actual circumstances), of which the company's overseas wholly-owned subsidiary, Hong Kong Times, plans to subscribe for a capital contribution not exceeding $225 million.