CATL(SZ:300750) Mei Ri Jing Ji Xin Wen·2025-11-15 23:57Core Viewpoint - Ningde Times' significant shareholder and co-founder Huang Shilin plans to transfer 45.632 million shares, representing 1% of the company's total equity, due to personal funding needs, which may be aimed at further investment in the energy storage sector [2][10]. Group 1: Share Transfer Details - Huang Shilin currently holds 10.21% of the company's shares, with the transfer amounting to approximately 9.79% of his total holdings [7]. - The estimated market value of the share transfer is around 18.44 billion yuan, based on the closing price of 404.12 yuan per share on November 14 [2]. - The transfer will be conducted through a price inquiry mechanism, with the minimum price set at 70% of the average stock price over the previous 20 trading days [7]. Group 2: Market Implications - The transfer is not a direct sale in the secondary market but a targeted transaction to qualified institutional investors, with a six-month lock-up period for the buyers [7]. - This approach is seen as a measure to alleviate market concerns about potential stock price instability due to large-scale sell-offs [7]. - The eligible institutional investors include securities firms, fund management companies, and other professional entities, ensuring that the process does not involve retail investors [7]. Group 3: Huang Shilin's Background and Future Plans - Huang Shilin has a history of leading the company's energy storage strategy and has been involved in multiple energy storage-related ventures since his resignation in August 2022 [12][14]. - The industry speculates that his funding needs may be related to expanding his investments in the energy storage sector, especially given the recent favorable policies for the industry [10][16]. - Huang has previously expressed optimism about the energy storage market, highlighting significant cost reductions and market potential for lithium battery storage systems [13][14].