On the evening of July 24, CATL published its semi-annual report, revealing that the company's revenue for the first half of the year stood at 276.917 billion yuan, marking a significant 54.8% increase compared to the same period last year. Its net profit reached 43.284 billion yuan, experiencing a robust growth of 41.98% year-on-year. Concurrently, the company unveiled its intention to repurchase and subsequently cancel shares with a total value ranging from 20 to 40 billion yuan, a move that signifies the largest-ever share buyback in the history of China's A-share market.
