CATL(SZ:300750) Mei Ri Jing Ji Xin Wen·2025-11-18 14:17Core Viewpoint - CATL (宁德时代) is undergoing a significant share reduction event, with co-founder Huang Shilin planning to sell approximately 45.63 million shares, representing 1% of the company's total equity, due to personal financial needs. The initial transfer price is set at 376.12 CNY per share, reflecting a discount of about 6.9% from the previous closing price, marking it as the narrowest discount for a large-scale inquiry transfer in history [1][5]. Group 1: Share Transfer Details - The inquiry transfer has received 55 valid bids from various institutional investors, including fund management companies, qualified foreign institutional investors, insurance companies, and private equity managers. The transfer has been fully subscribed, with 16 institutional investors preliminarily identified as buyers [2]. - The shares acquired through this inquiry transfer will be restricted from transfer for six months post-acquisition, aiming to alleviate market concerns regarding potential price drops due to large-scale selling [5]. Group 2: Market Impact and Background - Following the announcement, CATL's stock price experienced fluctuations, closing at 390.78 CNY per share on November 17, reflecting a decline of 3.3%, with an additional drop of 1.48% on November 18 [5]. - Huang Shilin, a core founder of CATL and a significant shareholder, has a total shareholding valued at approximately 180 billion CNY. The shares being sold represent about 9.79% of his total holdings, and he will remain the third-largest shareholder after the transfer [7][8].