CATL shareholders approve governance changes, elect new director

Contemporary Amperex Technology Co., Limited (CATL) announced the resolutions from its second extraordinary general meeting of shareholders held on December 25, 2025. Key approvals included changes to the company’s registered capital and amendments to the Articles of Association, with 99.9148% of total votes in favor. Amendments to the Shareholders’ Meeting Rules also passed with 99.9170% in favor. Additionally, shareholders approved revisions to company policies governing cumulative voting, external investments, entrusted wealth management, related party transactions, and external guarantees, all passing with over 99.9% of votes.

In a related announcement, CATL confirmed that on the same day, Mr. Ouyang Chuying was elected as the employee representative director for the fourth session of the board of directors. This election follows updated Articles of Association, which state the board will comprise nine directors, including one employee representative director. Mr. Ouyang, previously a non-independent director, will maintain his role on the board’s strategic committee.

Other important resolutions passed include the election of a new independent director to the fourth session of the board (97.5129% in favor), an increase in the company’s H-share issuance authorization (87.6753% in favor), approval for the 2025 new subsidiary guarantee limit (91.7935% in favor), and the proposal to register and issue bonds (99.8416% in favor). These approvals signify broad shareholder support for the company’s governance and financial strategies.