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Co-founder of Chinese EV battery giant pockets US$239 million from 1% stake sale
scmp.com/business/china-business/article/3333595/co-founder-chinese-ev-battery-giant-pockets-us239-million-windfall-1-stake-sale
Huang Shilin, co-founder of Contemporary Amperex Technology (CATL) and its third-largest shareholder, has cashed in on a rally in the Chinese electric vehicle (EV) battery giant’s shares, selling a 1 per cent stake worth 1.7 billion yuan (US$239 million).
The…
This story appeared on scmp.com, 2025-11-21 01:30:25.