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Chinese battery giant CATL’s $2 billion IPO approved

BEIJING – The China Securities Regulatory Commission (CSRC) has approved the $1.97 billion IPO application of Chinese lithium battery producer Contemporary Amperex Technology Co., Ltd. (CATL), according to a Xinhua news agency report on April 5.


The Chinese securities regulator greenlighted the application at a meeting on April 4, according to the CSRC website.


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