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<IPO>CATL Submits HK Main Board Listing Application; Raised Funds Expected to Be Used in Hungary Project Construction

CATL (300750.SZ) has submitted a main board listing application, according to the Hong Kong Stock...

CATL (300750.SZ) has submitted a main board listing application, according to the Hong Kong Stock Exchange. Its joint sponsors are Bank of America, CICC, JPMorgan, and China Securities International.

The company expects the net proceeds from the listing to be used for advancing the construction of the first and second phases of the Hungary project, as well as for working capital and other general corporate purposes.
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