--- title: "BAIC BluePark's subsidiary's 10 billion capital increase plan implemented, CATL and Pony AI participate in investment" description: "BAIC BluePark announced that its subsidiary BAIC New Energy has signed a capital increase agreement with 11 strategic investors, obtaining a capital increase of 8.15 billion yuan, bringing the total c" type: "news" locale: "en" url: "https://longbridge.com/en/news/223182978.md" published_at: "2024-12-24T10:05:02.000Z" --- # BAIC BluePark's subsidiary's 10 billion capital increase plan implemented, CATL and Pony AI participate in investment > BAIC BluePark announced that its subsidiary BAIC New Energy has signed a capital increase agreement with 11 strategic investors, obtaining a capital increase of 8.15 billion yuan, bringing the total capital increase to 10.15 billion yuan. After this capital increase, BAIC BluePark's shareholding ratio decreased from 99.99% to 71.69%, still remaining the controlling shareholder According to the Zhitong Finance APP, on December 24th, BAIC BluePark (600733.SH) announced that its subsidiary BAIC New Energy signed a "Capital Increase Agreement" with 11 strategic investors, including Beijing State-owned Capital Operation and Management Co., Ltd., Beijing Infrastructure Investment Co., Ltd., Pony AI, and Wending Investment, to obtain a total of 8.15 billion yuan in capital increase. Public information shows that Wending Investment is a wholly-owned subsidiary of CATL and an important platform for CATL's external investments. Previously, Beijing Automotive increased its investment in BAIC New Energy by 2 billion yuan through a non-public agreement, bringing the total amount of this round of capital increase to 10.15 billion yuan. After the completion of this round of capital increase, BAIC BluePark's shareholding ratio changed from 99.99% to 71.69%, still making it the controlling shareholder of BAIC New Energy ### Related Stocks - [PONY.US - Pony AI](https://longbridge.com/en/quote/PONY.US.md) - [600733.CN - BAIC BluePark](https://longbridge.com/en/quote/600733.CN.md) - [300750.CN - CATL](https://longbridge.com/en/quote/300750.CN.md) - [01958.HK - BAIC MOTOR](https://longbridge.com/en/quote/01958.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Salesforce Inc. $CRM Shares Purchased by Hillsdale Investment Management Inc. | Hillsdale Investment Management Inc. increased its stake in Salesforce Inc. (NYSE:CRM) by 125.2% in Q3, owning 22,539 sh | [Link](https://longbridge.com/en/news/276533306.md) | | Berkshire Hathaway Bought New York Times Stock in Q4. Should You Add NYT to Your Portfolio Too? | Berkshire Hathaway Bought New York Times Stock in Q4. Should You Add NYT to Your Portfolio Too? | [Link](https://longbridge.com/en/news/276265837.md) | | Are Wall Street Analysts Predicting Keysight Technologies Stock Will Climb or Sink? | Are Wall Street Analysts Predicting Keysight Technologies Stock Will Climb or Sink? | [Link](https://longbridge.com/en/news/276353077.md) | | Crestwood Advisors Group LLC Has $86.29 Million Stock Position in Alphabet Inc. $GOOG | Crestwood Advisors Group LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 2.7% in Q3, now holding 354,287 shares | [Link](https://longbridge.com/en/news/276508759.md) | | BlackRock's long position in Li Ning increases to 5.33% on Feb 12, HKEX filing shows | BlackRock's long position in Li Ning increases to 5.33% on Feb 12, HKEX filing shows | [Link](https://longbridge.com/en/news/276432220.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.