CATL(SZ:300750) Sou Hu Cai Jing·2025-08-04 23:06Group 1 - The core point of the article is that CATL's subsidiary, Times Intelligent, is seeking external financing for the first time, with a target of 2 billion yuan, primarily from large state-owned capital [1] - Times Intelligent focuses on providing battery-centric skateboard chassis products and technology services, with its main product being the CIIC integrated intelligent chassis, which integrates battery and chassis structure [3] - The skateboard chassis design allows for a decoupled structure, enabling car manufacturers to easily change the upper body, which can significantly reduce development costs by 60% to 70% and shorten production time from 36 months to 12-18 months [3] Group 2 - The skateboard chassis concept is not new, with competitors like Youpao Technology already delivering customized chassis products to clients in the U.S. [4] - The industry faces challenges regarding the production of chassis by third parties, which may impact car manufacturers' R&D autonomy and supply chain [4] - CATL's market share in the domestic market has declined from a peak of 52.1% in 2021 to 43.4% in the first half of 2025, making the expansion into skateboard chassis a crucial strategy for finding new growth opportunities [4]