CATL(SZ:300750) 高工锂电·2025-05-12 10:10Group 1: Industry Events - The 2025 High-Performance Sodium Battery Industry Summit is scheduled for June 9, 2025, at the Shangri-La Hotel in Suzhou [2] - The 2025 Solid-State Battery Technology and Application Summit will take place on June 10, 2025, at the same venue [3] Group 2: Company Developments - CATL announced its international IPO on May 12, 2025, with an expected scale of $4-5 billion, making it one of the largest IPOs in the Hong Kong market in recent years [3][4] - The IPO is priced at a maximum of HKD 263 per share, with a total of 118 million shares planned for issuance [3] - The company has attracted cornerstone investors, including major energy firms and sovereign wealth funds, with total subscriptions reaching HKD 20.371 billion [4] Group 3: Financial Performance - In 2024, CATL achieved a revenue of CNY 362.013 billion and a net profit of CNY 50.745 billion, marking a year-on-year growth of 15.01% [6] - For Q1 2025, the company reported a revenue of CNY 84.705 billion and a net profit of CNY 13.963 billion, with a gross margin of 24.4% [6] - The company has returned nearly CNY 60 billion to shareholders through dividends since its listing, with a dividend payout ratio of 50% for 2023 and 2024 [6]