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Contemporary Amperex Technology: The controlling shareholder plans to donate 5 million shares of the company free of charge
March 31, CATL (300750.SZ) announced that its controlling shareholder, Xiamen Ruiting Investment Co., Ltd., entered into a donation agreement with the Shanghai Jiao Tong University Education Development Foundation, under which it plans to make a free donation of 5 million shares of the company’s A-shares held by it—unrestricted, freely tradable shares—accounting for 0.11% of the company’s total share capital. The donated shares will be used to support the “Zeng Yuqun Education Foundation,” helping advance the development of education at Shanghai Jiao Tong University.