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CN MIIT Leads Warning on Irrational Competition in Lithium Battery Industry, Joined by Firms like CATL, BYD
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China's Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC), the State Administration for Market Regulation (SAMR), and the National Energy Administration (NEA) jointly held a symposium on the power and energy storage battery industry yesterday (8th) to discuss and plan further regulation of competition order in the power and energy storage battery industry. The meeting convened 16 related companies, including CATL (03750.HK), BYD COMPANY (01211.HK), CALB (03931.HK), GOTION HIGH-TECH (002074.SZ), EVE ENERGY (300014.SZ), and SUNWODA (300207.SZ), among 13 power and energy storage battery companies, Chinese media reported, citing people with the knowledge of the matter. AASTOCKS Financial News Website: www.aastocks.com |
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