On the evening of July 24, CATL, a global leader in power batteries, issued an announcement, proposing to use its own funds or raised funds to repurchase the company’s A-share shares at a price of no more than 573 yuan per share, with the repurchase amount totaling no less than 14.45 billion and no more than 29.00 billion yuan. The repurchased shares will all be used for cancellation to reduce registered capital. Notably, this is the largest-scale share repurchase plan in the history of A-shares.