FOTON to establish new energy technology joint venture with CATL

FOTON announced on December 5th that it will establish a joint venture named FOTON Time New Energy Technology Co.Asian Metal Copyright34 million from FOTON which will hold 50% shares of it.Asian Metal Copyright, Ltd.Asian Metal Copyright68 million, including RMB100 million USD14.Asian Metal Copyright with CATL to conduct new energy battery operating leasing business, explore new energy scenario operating market and improve the market competitiveness on new energy business.Asian Metal Copyright, Ltd.Asian Metal Copyright The joint venture will totally have registered capital of RMB200 million (USD28.Asian Metal Copyright34 million from FOTON which will hold 50% shares of it.Asian Metal Copyright68 million), including RMB100 million (USD14.Asian Metal Copyright with CATL to conduct new energy battery operating leasing business, explore new energy scenario operating market and improve the market competitiveness on new energy business.Asian Metal Copyright34 million) from FOTON which will hold 50% shares of it.


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