Contemporary Amperex Technology Co., Limited (CATL) Joins and 21Vianet Group's Stock Soars by 30% During Trading

On May 13, Central Concept stocks opened up significantly on Wall Street, with gains once exceeding 30%, and the current increase has narrowed to 26%. The stock movement stems from the company's announcement of the introduction of important strategic investors: an affiliate of CATL will become a core shareholder of the company through a large equity acquisition.

Two companies under PJ Millennium will acquire up to 650 million Class A ordinary shares, with the transferor being two entities beneficially owned by Shandong High-Speed Group Holding Group. The buyer's general partner, Lochpine BG I GP Limited, is an affiliate of CATL that does not control.

The cash consideration for this share acquisition is set at $1.4486 per share, and after the transaction is completed, the buyer will hold approximately 38.1% of Central Concept's shares. This means that the capital map of the power battery giant has officially extended to the underlying computing power infrastructure.