Shanghai, Feb 9, 2026, 04:35 CST — Premarket
- CATL’s Class A stock wrapped up trading 1.7% higher at 369.11 yuan.
- A battery-chemicals company with a public listing is set to acquire a stake owned by CATL, using a share issue that will bring CATL onto its shareholder register.
- Investors have their eyes on the transaction details, along with CATL’s next results announcement lined up for March.
Contemporary Amperex Technology Co., Limited Class A (300750.SZ) is drawing attention before Monday’s session, with a weekend filing revealing a fresh equity-linked deal tied to China’s battery materials sector.
CATL finished Friday at 369.11 yuan, gaining 1.7%. Shares are holding close to the top of their recent band, with investors eyeing new deal risk into next week.
Why it matters now: this isn’t your typical cash deal. Instead, CATL would exchange its upstream stake for fresh shares, changing up control dynamics—and the timing—while sidestepping an upfront cash outlay.
Yongtai Technology is looking to acquire a 25% stake in Shaowu Yongtai Gaoxin Materials from CATL by issuing new shares, with a related fundraising in the works. Once the deal goes through, CATL will take a stake in Yongtai Technology. The company announced its shares will be suspended starting Feb. 9 when the market opens.
Yongtai announced it has a letter of intent in place with CATL, but specifics like pricing and lock-up periods are still to be hammered out in future contracts. The company says a fuller plan should be released within the next 10 trading days; if not, shares will start trading again and negotiations will be called off.
CATL holders now face a choice: Is this just a slight reshuffling, or does it hint at the battery titan repositioning inside the materials stack?
The unit up for grabs produces key battery ingredients like lithium hexafluorophosphate and lithium bis(fluorosulfonyl)imide—both are integral to electrolytes, which move charge within a battery.
Timing could play a part here. Details on the deal remain sparse, so traders might hold back from jumping in when the market opens. Still, a fresh disclosure has the potential to reshape how investors view capital allocation and the upstream strategy.
Here’s the risk: this is just a plan for now. Key details like pricing, regulatory signoff, and how settlement will work remain under wraps. Should negotiations falter or final terms fall short, investors could easily tag the deal as non-core — or start fretting about mark-to-market volatility if CATL winds up sitting on shares in the listed acquirer.
Investors, having digested the deal, are now eyeing CATL’s next results on March 21—a key date that should bring the first concrete look at margins and demand heading into 2026.
Looking ahead, the immediate focus turns to the buyer’s transaction plan disclosure window—as well as any comments from CATL. Trading will pick back up either when the suspension ends or after the plan goes public.
