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CATL's Substantial Divestment from Hunan Yulei Tops 2 Billion Yuan
2026-06-04 /
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Author：小编
On June 4, the stock price of Hunan Yulei, a premier domestic lithium iron phosphate enterprise, took a nosedive, closing 10.12% lower at 74.35 yuan per share, bringing its total market capitalization to 62.702 billion yuan. The catalyst for this decline was the announcement by major shareholder CATL, which revealed its intention to offload a stake of no more than 3%, a move anticipated to generate over 2 billion yuan in proceeds. Concurrently, another significant shareholder, Shanghai Jinsheng New Materials, also disclosed plans to divest a stake of no more than 2.5%.
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