A notice from CATL has caused ripples within the new energy industry circle. This global power battery giant announced that it will transfer all the 4.8 billion yuan raised for Guangdong Ruiqing Times to Xiamen Times New Power Battery Industry Base. From the the Pearl River Estuary to Xiamen Bay, the "diversion" of this huge amount of funds is not only a dynamic optimization of production capacity layout, but also reflects a new round of strategic settlement of Ningde era in the East China market.

The new base in Xiamen has surfaced

According to the announcement, CATL will raise a net amount of approximately 44.87 billion yuan through targeted issuance in 2025, and as of the end of February 2026, 39.37 billion yuan has been used. The funding for this adjustment comes from the "Guangdong Ruiqing Era Lithium ion Battery Production Project Phase I", which has a planned production capacity of 30GWh and has completed the first phase of production. There is still 5.26 billion yuan of raised funds that have not been used. The company has decided to transfer 4.8 billion yuan to its wholly-owned subsidiary Xiamen Times New Energy Technology Co., Ltd. to implement the "Times New Energy Xiamen Battery Industry Base Project".

Build a new production line in 21 months

The new project is located in Xiang'an District, Xiamen, with a total investment of no more than 8.061 billion yuan. The construction content is a lithium-ion battery system production line, and the construction period does not exceed 21 months. After the project reaches its production capacity, the expected annual net profit is 3.753 billion yuan, with an after tax internal rate of return of 20.89%. The project has been registered and the environmental impact assessment procedures are currently being processed. This is not Ningde Times' first major investment in Xiamen. Its Xiamen Times Phase II project located in Tongxiang High tech New City has entered the preliminary acceptance stage and is expected to be put into operation in the second quarter of 2026. Another high-performance lithium battery base has also topped out two battery cell factories. Keywords: New Energy News Network, Battery Base Infrastructure

Further Strengthening the East China Strategy

In 2025, CATL will achieve a revenue of 423.7 billion yuan and a net profit of 72.2 billion yuan, a year-on-year increase of 17% and 42% respectively. The gross profit margin will be 26.3% and the net profit margin will be 18.1%, both of which are the highest in the past five years. In response to the sustained growth in global demand for power batteries and energy storage, the company is rapidly expanding its production capacity: as of the end of 2025, the global built capacity is 772GWh, and the under construction capacity is 321GWh. The adjustment of the fundraising purpose reflects CATL's strategic consideration of dynamically optimizing its production capacity layout based on regional market response speed, supply chain efficiency, and customer demand for nearby support, further consolidating its manufacturing and delivery capabilities in East China.Editor/Gao Xue