SHANGHAI : China’s battery giant CATL 300750.SZ has set up a joint venture with state-owned China Energy Engineering Corp 601868.SS with a registered capital of 10 million yuan ($1.38 million), according to corporate registration information platform Tianyancha.
The joint venture will carry businesses including energy storage technology service, smart infrastructure equipment manufacturing, according to Tianyancha.
($1 = 7.2538 Chinese yuan renminbi)