Contemporary Amperex Technology Co. Limited (CATL) Soars Over 2%, Overtaking PetroChina to Claim Third Spot in A-Share Market by Total Market Capitalization

5 day ago / Read about 0 minute

Author：小编

On the morning of April 16, during the early trading hours of the A-share market, Contemporary Amperex Technology Co. Limited (CATL) witnessed a surge of over 2%, propelling its total market capitalization beyond RMB 2 trillion. This remarkable feat enabled CATL to surpass PetroChina and secure the third position in terms of total market capitalization within the A-share market. The previous evening, on April 15, CATL released its first-quarter financial report for 2026, revealing a quarterly revenue of RMB 129.131 billion, marking a year-on-year increase of 52.45% and hitting an all-time high. Additionally, its net profit reached RMB 20.738 billion, reflecting a year-on-year growth of 48.52%.

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