On July 20, CATL (03750.HK) rose 3.05% in regular trading, trading at HK$626.0/share, with turnover of HK$414 million.

On the news front, CATL recently signed a memorandum of understanding with Dutch energy company Alfen to deploy 5GWh of its Tener sodium-ion energy storage systems across Western Europe starting in 2027, marking one of the largest sodium-ion storage projects in the region to date. The Tener system boasts over 15,000 cycles at 25°C and a service life of 25 to 30 years. Alfen has been sourcing lithium-ion batteries from CATL since 2023 and is now incorporating sodium-ion technology into its storage portfolio.

Additionally, following a recent announcement that three government departments will resume consumer tax on certain batteries, institutional analysts noted the impact on lithium batteries remains limited, helping restore market sentiment. The company is also scheduled to hold a board meeting on July 24 to review its interim results for the first half of the year and consider a potential interim dividend.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)