CATL earns 43.2 billion in six months and rolls out another big move - 36Kr

TL;DR AI
2 min readKey summary
CATL announced a record A-share buyback plan of RMB 20–40 billion, with the repurchased shares to be canceled, and also unveiled an interim cash dividend.
In the first half, revenue rose 54.8% year on year and net profit increased 42.0%, underscoring strong operational performance.
Even so, gross and net margins slipped, showing pressure from price competition and customer bargaining.
Automakers are speeding up multi-supplier strategies to reduce reliance on CATL, signaling a reshaping of power across the EV battery supply chain.

