CATL is considering investing in Huawei's digital energy business? Insider: The two parties have discussed before, and CATL intends to take a 20% stake.

Recently, there have been rumors in the market about CATL's acquisition of Huawei Digital Power. In response to this, an informed source told reporters, "In the past, the two sides did have discussions, but due to the overall high acquisition cost, Huawei Digital Power is not entirely sold to CATL. Instead, CATL plans to acquire about 20% of the shares of Huawei Digital Power." However, on February 6th, several employees of Huawei Digital Power stated, "On the evening of February 5th, the company internally notified that the sale will no longer proceed." Note: Huawei Digital Power is a 100% wholly-owned subsidiary of Huawei Technologies Co., Ltd., an independent legal entity under Huawei, established in June 2021 with a registered capital of 3 billion RMB, and serves as the core business entity for Huawei's clean energy and energy digitalization initiatives.