CATL(SZ:300750) Xin Lang Cai Jing·2025-11-17 02:45Core Viewpoint - The stock price of CATL (宁德时代) has declined following a share reduction by a core member of the founding team, Huang Shilin, leading to a market capitalization loss of over 100 billion yuan [1][2]. Group 1: Share Reduction Details - Huang Shilin plans to transfer 45.63 million shares, representing 1% of the total share capital, due to personal funding needs, with a value exceeding 18.4 billion yuan based on the latest stock price [1][2]. - The transfer will not occur through the secondary market, which is expected to mitigate immediate selling pressure, and the receiving party will be subject to a six-month lock-up period [1][2]. - After the transfer, Huang Shilin's holdings will decrease from 10.21% to approximately 9.21% of the total shares [2]. Group 2: Background on Huang Shilin - Huang Shilin, a core member of CATL's founding team, has held various significant positions within the company and has a current net worth of approximately 188.3 billion yuan [3]. - Prior to this reduction, he had previously sold shares for personal asset planning and has been involved in multiple companies, including those focused on energy storage [3][4]. Group 3: Industry Context - The demand for lithium batteries, particularly in the energy storage sector, has surged due to global policy fluctuations and technological advancements, leading to a "chip shortage" phenomenon [5][6]. - CATL has indicated that it is currently experiencing full production capacity and is accelerating its expansion efforts to meet the growing domestic energy storage product demand [5][6]. - The maturation of the energy storage business model is becoming evident, with increasing domestic and international demand for energy storage solutions [6].