CATL's (03750) main international credit rating has been upgraded.

Intelligent Financial News App, Ningde Times (03750) announced that on June 18, 2026, Fitch International Ratings Limited (hereinafter referred to as "Fitch") posted on its official website news about the upgrade of the credit rating of Ningde Times New Energy Technology Co., Ltd. (referred to as the "Company" or "Ningde Times"). Fitch upgraded Ningde Times' issuer credit rating from "A-" to "A", with a stable outlook. Fitch believes that "this rating upgrade reflects the enhanced business conditions of Ningde Times, benefiting from strong long-term industry growth prospects, increasingly solid global market leading position, and continuously improving diversity in the end market. At the same time, this rating upgrade also reflects the company's ability to maintain strong financial conditions, including high profitability, steady free cash flow generation ability, and ample net cash position".