{"id":10900,"date":"2025-11-21T01:44:59","date_gmt":"2025-11-21T01:44:59","guid":{"rendered":"https:\/\/jobuzo.com\/en\/co-founder-of-chinese-ev-battery-giant-pockets-us239-million-from-1-stake-sale\/"},"modified":"2025-11-21T01:44:59","modified_gmt":"2025-11-21T01:44:59","slug":"co-founder-of-chinese-ev-battery-giant-pockets-us239-million-from-1-stake-sale","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/co-founder-of-chinese-ev-battery-giant-pockets-us239-million-from-1-stake-sale\/","title":{"rendered":"Co-founder of Chinese EV battery giant pockets US$239 million from 1% stake sale"},"content":{"rendered":"
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Huang Shilin, co-founder of Contemporary Amperex Technol­ogy<\/span> (CATL) and its third-largest shareholder, has cashed in on a rally in the Chinese electric vehicle (EV) battery giant’s shares, selling a 1 per cent stake worth 1.7 billion yuan (US$239 million).<\/div>\n
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The engineer-turned-entrepreneur agreed to offload 45.6 million yuan-denominated A shares to 16 corporate and institutional investors at 376.12 yuan (US$52.92) apiece, according to a filing by CATL to the Shenzhen Stock Exchange. The billionaire still holds more than 9 per cent of the company after the share sale.<\/p>\n

CATL<\/span>, listed in both Shenzhen and Hong Kong, saw its mainland-traded shares advance 46 per cent this year, buoyed by its improved technological strength and accelerated overseas expansion. The transaction price represents a 0.9 per cent discount to CATL’s closing price of 379.39 yuan on Thursday.<\/div>\n

In Hong Kong, the EV battery giant raised US$5.22 billion in May through the world’s largest initial public offering this year. Its H shares had since jumped 84 per cent from the offer price, closing at HK$483 on Thursday.<\/p>\n

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CATL’s stock is buoyed by its improved technological strength and accelerated overseas expansion. Photo: Reuters<\/figcaption><\/figure>\n<\/div>\n<\/div>\n

“CATL is one of the top winners among Chinese manufacturers over the past decade as its batteries are powering more than one-third of electric cars around the world,” said Ding Haifeng, a consultant at Shanghai-based financial ­advisory firm Integrity. “Huang, as one of the major shareholders, has reasons to cheer for his successful career after building the company into a global EV battery powerhouse.”<\/p>\n

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Born in 1967, Huang was a key founding member of CATL – alongside chairman Robin Zeng Yuqu, the company’s largest shareholder – in Ningde, eastern China’s Fujian province. A graduate of Hefei University of Technology, Huang focused on research and development (R&D) involving batteries at a new energy firm in Dongguan, southern Guangdong province, before taking charge of R&D at CATL. He served in different roles in the company, including general manager and vice-chairman.<\/p>\n<\/div>\n

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Co-founder of Chinese EV battery giant pockets US$239 million from 1% stake sale<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Huang Shilin, co-founder of Contemporary Amperex Technol­ogy (CATL) and its third-largest shareholder, has cashed in on a rally in the Chinese electric vehicle (EV) battery giant’s shares, selling a 1 per cent stake worth 1.7 billion yuan (US$239 million). Advertisement The engineer-turned-entrepreneur agreed to offload 45.6 million yuan-denominated A shares to 16 corporate and institutional…<\/p>\n

Read More “Co-founder of Chinese EV battery giant pockets US$239 million from 1% stake sale”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":10901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/10900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=10900"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/10900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/10901"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=10900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=10900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=10900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}