--- title: "CATL's fourth largest shareholder plans to reduce holdings by 58 million shares, potentially cashing out 20 billion. Huang Shilin has already cashed out 17.2 billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/283217951.md" description: "Ningde Times' fourth largest shareholder, Ningbo United Innovation New Energy Investment Management Partnership, plans to reduce its holdings by 58 million shares, cashing out approximately 20 billion yuan, with the reason for the reduction being funding needs. This transfer will not be conducted through the secondary market, and the transferee is prohibited from transferring the shares within 6 months. As of April 16, 2026, Ningde Times has a total share capital of 456 million shares, with the current stock price at 444.2 yuan, giving it a market value of 2.03 trillion yuan. Huang Shilin has already reduced his holdings by 45,632,363 shares in the second half of 2025, with a transaction amount of 17.163 billion yuan" datetime: "2026-04-18T09:05:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283217951.md) - [en](https://longbridge.com/en/news/283217951.md) - [zh-HK](https://longbridge.com/zh-HK/news/283217951.md) --- # CATL's fourth largest shareholder plans to reduce holdings by 58 million shares, potentially cashing out 20 billion. Huang Shilin has already cashed out 17.2 billion Leidi Network, Lei Jianping, April 18 Contemporary Amperex Technology Co., Limited (stock code: 300750, stock abbreviation: CATL) recently released a shareholder inquiry transfer plan. The shareholder participating in the inquiry transfer is Ningbo United Innovation New Energy Investment Management Partnership (Limited Partnership), and the reason for the reduction is its own funding needs. The total number of shares to be transferred by the transferor is 58 million shares, accounting for 1.27% of the company's total share capital as of April 16, 2026; This inquiry transfer will not be conducted through centralized bidding or block trading and does not constitute a reduction through the secondary market. The shares acquired by the transferee through the inquiry transfer cannot be transferred within 6 months after the acquisition; As of yesterday's close, CATL's stock price was 444.2 yuan, with a market value of 2.03 trillion yuan. Based on this calculation, Ningbo United Innovation New Energy Investment Management Partnership (Limited Partnership) can cash out 25.76 billion yuan. It is the company's fourth-largest shareholder. Ningbo United Innovation New Energy Investment Management Partnership (Limited Partnership) is the fourth-largest shareholder of CATL. As of March 31, 2026, the founder of CATL, Zeng Yuqun, holds 22.45% through Xiamen Ruiting Investment Co., Ltd., and Hong Kong Central Clearing Limited holds 16.68%; As of March 31, 2026, CATL's equity structure Huang Shilin holds 9.21%, Ningbo United Innovation New Energy Investment Management Partnership (Limited Partnership) holds 6.23%, Li Ping holds 4.33%, HKSCC NOMINEES LIMITED holds 3.42%, and Honda Motor (China) Investment Co., Ltd. holds 0.91%; Futaihua Industrial (Shenzhen) Co., Ltd. holds 0.63%, Industrial and Commercial Bank of China Limited - E Fund ChiNext ETF holds 0.55%, and Beijing Huading New Power Equity Investment Fund (Limited Partnership) holds 0.52%. In the second half of 2025, CATL's core shareholder Huang Shilin reduced his holdings, with the number of shares transferred being 45,632,363 shares, accounting for 1% of the company's total share capital; the transfer price was 376.12 yuan/share, with a transaction amount of 17.163 billion yuan. The final transferee for this inquiry transfer was determined to be 16 institutional investors Among them, UBS AG subscribed to 4.51 billion yuan, J.P. Morgan Securities subscribed to 3.483 billion yuan, BNP Paribas subscribed to 1.471 billion yuan, Nomura Singapore subscribed to 527 million yuan, Guotai Junan Financial Holdings Co., Ltd. subscribed to 470 million yuan, Citigroup Global Markets subscribed to 143 million yuan, and CITIC Securities Asset Management (Hong Kong) Co., Ltd. subscribed to 75.22 million yuan; Huaxia Fund Management Co., Ltd. subscribed to 560 million yuan, Nord Fund Management Co., Ltd. subscribed to 214 million yuan, Caitong Fund Management Co., Ltd. subscribed to 120 million yuan, China Life Asset Management Co., Ltd. subscribed to 1.655 billion yuan, Guotai Haitong Securities Co., Ltd. subscribed to 1.734 billion yuan, and GF Securities Co., Ltd. subscribed to 278 million yuan; Shanghai Yiluo Private Fund Management Co., Ltd. subscribed to 1.67 billion yuan, Gao Yi Qing Rui No. 6 Rui Xing Fund subscribed to 165 million yuan, and Shanghai Qincheng Private Fund Management Partnership (Limited Partnership) subscribed to 86.51 million yuan. Annual revenue is 423.7 billion CATL recently released its financial report. The report shows that CATL's revenue in 2025 is 423.7 billion yuan, an increase of 17% compared to 362 billion yuan in the same period last year. CATL's net profit in 2025 is 72.2 billion yuan, an increase of 42.28% compared to 50.7 billion yuan in the same period last year; the net profit after deducting non-recurring items is 64.5 billion yuan, an increase of 43.37% compared to 45 billion yuan in the same period last year. CATL's revenue in the first quarter of 2026 is 129.1 billion yuan, an increase of 52.45% compared to 84.7 billion yuan in the same period last year. CATL's net profit in the first quarter of 2026 is 20.738 billion yuan, an increase of 48.52% compared to 13.963 billion yuan in the same period last year; the net profit after deducting non-recurring items is 18.093 billion yuan, an increase of 52.95% compared to 11.829 billion yuan in the same period last year Dividend of 31.5 billion CATL stated that it plans to distribute a cash dividend of 69.57 yuan (including tax) for every 10 shares to all shareholders, based on 4,531,886,650 shares (i.e., the company's existing total share capital of 4,563,868,956 shares minus the 31,982,306 shares repurchased in the A-share repurchase special account). CATL intends to use 50% of the net profit attributable to the shareholders of the listed company in the consolidated financial statements for the fiscal year 2025, amounting to 36,100,640,883.92 yuan, as the distribution amount for the annual cash dividend and special cash dividend. After deducting the mid-term cash dividend of 4.568 billion yuan already distributed by the company, the remaining amount for the annual cash dividend and special cash dividend is 31.5 billion yuan. Thus, based on the distributable share capital of 4,531,886,650 shares, a cash dividend of 69.57 yuan (including an annual cash dividend of 21.78 yuan and a special cash dividend of 47.79 yuan) will be distributed for every 10 shares to all shareholders. This cash dividend is valued and announced in RMB, paid in RMB to A-share shareholders and in HKD to H-share shareholders. The actual amount of the H-share dividend is 78.83 HKD (including tax) for every 10 H-shares. In 2025, the company will not implement a capital reserve transfer to increase share capital and will not issue bonus shares. Based on this calculation, Zeng Yuqun can receive a dividend of 7.075 billion yuan; Huang Shilin can receive 2.9 billion yuan. ——————————————— ### Related Stocks - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) ## Related News & Research - [Contemporary Amperex Technology Co., Limited Class H (3750) Gets a Buy from CLSA](https://longbridge.com/en/news/282610766.md) - [CATL explores potential $5 billion Hong Kong share sale after stock rally, sources say](https://longbridge.com/en/news/282657533.md) - [CATL weighs $5 billion Hong Kong share sale, report says](https://longbridge.com/en/news/282551629.md) - [Guotai Haitong Sticks to Their Buy Rating for Contemporary Amperex Technology Co., Limited Class H (3750)](https://longbridge.com/en/news/283214861.md) - [Revolutionary sodium-ion batteries enter mass production: Lithium prices are soaring and this is the cheap, sustainable solution](https://longbridge.com/en/news/283098229.md)