Contemporary Amperex Technology, CNE100003662

CATL proposed a loan. Contemporary Amperex Technology stock sits 38.83 percent below its high

Published on 10/08/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CATL's EUR 50 million loan proposal dates to September 30, 2026. Contemporary Amperex Technology stock sits 38.83 percent below its CNY 468.75 high.

Contemporary Amperex Technology, CNE100003662, Illustration mit AI erstellt.

Contemporary Amperex Technology (ISIN CNE100003662) proposed a EUR 50 million shareholder loan for its Spanish battery joint venture. EnergyTrend reported on October 8, 2026, that the proposal dated to September 30 and was intended to fund construction investment and daily operations.

Spain plant gets working capital

Contemporary Star Energy S.L. is the controlled subsidiary responsible for the joint battery factory with Stellantis in Spain. Contemporary Amperex Technology indirectly owns 50 percent of the venture, while Stellantis subsidiaries hold the remaining 50 percent, according to EnergyTrend.

The loan carries a fixed annual interest rate of 3.55 percent and can be drawn in several tranches. The principal and accrued interest may be converted into equity, while the maximum term is 12 months; the proposal still requires approval by the general meeting of shareholders, the same report said.

Strong first-half operating figures

The financing decision comes against a strong operating backdrop. In the first half of 2026, revenue reached CNY 276.92 billion, up 54.80 percent from the prior-year period, while net profit attributable to shareholders rose 41.98 percent to CNY 43.28 billion, Gate News reported on September 16, 2026.

Power battery revenue was CNY 192.13 billion in that period, up 46.02 percent year over year, while energy storage battery revenue rose 87.54 percent to CNY 53.26 billion. Capacity utilization reached 94.86 percent, giving investors a more detailed measure of the company's operating scale than revenue alone.

Targets remain above the A-share

Goldman Sachs named CATL a top China battery pick and set a 12-month target of RMB 565 for its A-shares on October 2, 2026, according to EconoTimes. The bank cited scale, technology and cost advantages, while identifying weaker demand, raw material prices and competition as risks.

Stock stays near its yearly low

The Shenzhen-listed A-share was last at CNY 286.75 on October 8, 2026 at 3:04 p.m. CST, down 1.50 percent from CNY 291.11. Its CNY 285.17 to CNY 468.75 52-week range places the price 0.55 percent above the low and 38.83 percent below the high, while market capitalization stood at CNY 1.3 trillion.