CATL Profit Climbs 33% on EV Battery Demand, Eyes HK Share Sale

Contemporary Amperex Technology Co. Ltd. reported first-half 2025 revenue of ¥178.9 billion and net income of ¥30.5 billion, a year-on-year increase of about 33%. The figures imply profit growth of roughly 34% for the April–June quarter, underscoring resilient demand for electric-vehicle batteries despite a highly competitive market in China. Management said the earnings momentum will be supported by a forthcoming share sale in Hong Kong, proceeds from which are earmarked for global capacity expansion and research on next-generation battery chemistries. The fundraising would add to CATL’s Shenzhen-listed stock and broaden its international investor base. CATL remains the world’s largest maker of EV batteries, supplying Tesla, BMW and several Chinese automakers. Its strong showing comes as peers such as Sunwoda and Eve Energy also seek Hong Kong listings, highlighting intensifying efforts by Chinese battery manufacturers to tap offshore capital for growth.