Zhongheng Electric Receives Strong Support: CATL Injects 4.1 Billion Yuan to Increase Investment and Become the Controlling Shareholder, to Jointly Explore Strategic Cooperation Across Multiple Fields

China Hengtian Electric recently announced that its controlling shareholder, China Hengtian Technology Investment, plans to introduce CATL as a strategic investor, and both parties will deepen their business cooperation through capital increase and share expansion. According to the agreement, CATL will complete this investment with a total consideration of approximately 4.1 billion yuan, including about 1.2B yuan based on its 99.697% equity stake in Times Tianyuan, and the remaining portion will be contributed in cash.

After the transaction is completed, CATL will hold a 49% stake in China Hengtian Technology Investment, but China Hengtian Electric’s controlling shareholder and actual controller will remain Zhu Guodeng, and the company’s equity structure will stay stable. This cooperation not only involves capital integration but also collaborative governance—CATL will nominate one director candidate and one vice president candidate to participate in the decision-making and operation of the listed company.

The cooperation focuses on cutting-edge industry directions, covering green ICT infrastructure, transportation electrification transformation, and computing and power coordination technology in new power systems. By integrating CATL’s resource advantages in the new energy field with China Hengtian Electric’s expertise in power electronics technology, both parties plan to create synergy in technological R&D, market expansion, and supply chain integration, jointly exploring innovative paths for low-carbon and digital integration.