CATL(SZ:300750) Xin Hua Cai Jing·2025-08-13 12:23Core Viewpoint - Ningde Times reported a year-on-year revenue growth of 7.27% to 178.886 billion yuan and a net profit growth of 33.33% to 30.485 billion yuan for the first half of 2025, indicating strong financial performance and operational efficiency [2]. Financial Performance - The company's revenue for Q1 2025 grew by 6.18%, net profit by 32.85%, and non-recurring net profit by 27.92%, showing a slight acceleration in growth in Q2 [2]. - In Q2 2025, revenue increased by 8.26% to 94.182 billion yuan, net profit rose by 33.73% to 16.523 billion yuan, and non-recurring net profit surged by 42.21% to 15.368 billion yuan [2]. Dividend Distribution - The company approved a mid-term dividend plan, proposing a distribution of 10.07 yuan per 10 shares (including tax), with the record date set for August 19, 2025, and the ex-dividend date on August 20, 2025 [2]. Product Development - In the passenger vehicle sector, the company launched the second-generation supercharging battery, the dual-core battery, and sodium-ion batteries for passenger vehicles [3]. - In the commercial vehicle sector, new products include the sodium-ion integrated battery for heavy trucks and the Kunshi chassis commercial vehicle ecosystem solution aimed at efficient logistics [3]. Capacity Expansion - The company is steadily advancing its global production capacity, with ongoing construction at domestic bases in Zhongzhou, Jining, Fuding, and Liyang, as well as international projects in Hungary, a joint venture factory with Stellantis in Spain, and battery supply chain projects in Indonesia [3].