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regrettablyThere is no doubt that Contemporary Amperex Technology Co., Limited's technology is world-classI also said in my post today.

In addition, Contemporary Amperex Technology Co., Limited plans to pay dividends with 15% of the net profit attributable to shareholders of listed companies in the first three quarters of 2024, that is, 5.4 billion yuan as the total distribution. The specific dividend plan is as follows:Institutions are controlling the rhythm.Total dividend: 5.4 billion yuan, which is calculated based on 15% of the net profit attributable to shareholders of listed companies in the first three quarters of 2024.

This move marks the further cooperation and expansion of the two companies in the global electric vehicle industry chain, aiming at promoting the development of the global electric vehicle industry and strengthening the layout of the two companies in the global automobile battery market.According to the agreement, Contemporary Amperex Technology Co., Limited and Stellantis plan to jointly set up a joint venture company in Spain, with each party holding 50% of the shares, and build a joint venture battery factory in Zaragoza, Aragon Autonomous Region, Spain. The estimated total investment of the battery factory is 4.038 billion euros (about 30.9 billion yuan).It was announced on December 10th, 2024 that in order to further deepen the long-term strategic cooperative relationship between the company and Stellantis N.V ("Stellantis" for short) and support Stellantis' strategic goals of electric vehicle production and electrification, Contemporary Amperex Technology Co., Limited and its subsidiaries signed a joint venture agreement with Stellantis' subsidiaries and other four parties.