Contemporary Amperex Technology's controlling shareholder intends to donate 5 million A shares to the Shanghai Jiao Tong University Education Development Foundation free of charge.
CATL (03750) announced that on March 31, 2026, the company received a notice from its controlling shareholder, Xiamen Ruiting Investment Co., Ltd., that it has signed a "Shanghai Jiao Tong University Zeng Yuqun Education Fund Donation Agreement" with Shanghai Jiao Tong University Education Development Foundation. Xiamen Ruiting intends to donate its 5 million A-shares of CATL, which are unrestricted shares, to the foundation at no cost. All profits generated from the donated shares and the funds obtained will be fully injected into the "Zeng Yuqun Education Development Fund" to support the development of education at Shanghai Jiao Tong University.
Contemporary Amperex Technology (03750) announced that on March 31, 2026, the company received a notice from its controlling shareholder Xiamen Ruiting Investment Co., Ltd., that they have signed a donation agreement with the Shanghai Jiao Tong University Education Development Foundation for the "Zeng Yuqun Education Fund." Xiamen Ruiting plans to donate its 5 million A-shares of Contemporary Amperex Technology held by the Foundation without compensation. All proceeds and funds generated from the donated shares will be injected into the "Zeng Yuqun Education Development Fund" to support the educational development of Shanghai Jiao Tong University.
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