广汽集团宣布7月19日在广州宣布，计划与宁德时代签署协议，成立合资公司。两家公司计划在广州共同投资和建立时代广汽动力电池有限公司和广汽时代动力电池系统有限公司。此次合作双方致力于共同设立动力电池系统和动力电池项目以及投资企业运营合同所设计投资规模应提交公司董事会批准，无需提交股东大会审议。广汽时代动力电池系统有限公司注册资本为人民币1亿元，甲乙双方以现金出资，其中甲方出资5100万元，持股比例为51%，乙方出资4900万元，持股比例为49%。时代广汽动力电池有限公司注册资本为人民币10亿元，甲乙双方以现金出资，其中甲方出资4.9亿元，持股比例为49%，乙方出资5.1亿元，持股比例为51%。本次合资经营合同的签署及合资公司的成立，有利于深化公司与宁德时代的合作，实现新能源汽车主要零部件的稳定供应和降低主要零部件的采购成本，促进公司新能源汽车的发展和提升公司产品的综合竞争力。

 

GAC Group plans to set up JVs with CATL

GAC Group announced that it plans to sign a joint venture operation contract with Contemporary Amperex Technology Limited (CATL) on July 19 in Guangzhou. The two companies plan to jointly invest and establish two joint ventures in Guangzhou, which will be temporarily named as GAC Amperex Power Battery System Co., Ltd. and Amperex GAC Power Battery Co., Ltd.

 

The construction of power battery systems and power battery projects, as well as investment scale involved in the joint venture operation contract should be deliberated and approved by the board of directors of GAC Group, but needn't to be deliberated and approved by shareholders meeting.

 

GAC Amperex Power Battery System Co., Ltd. will be registered with RMB 100 million, which will be raised by both parties. GAC Group, which will hold a 51% stake in the JV, will provide RMB 51 million. CATL, with a 49% stake in the JV, will fund RMB 49 million.

 

Amperex GAC Power Battery Co., Ltd. will be jointly funded by both parties with registered capital of RMB 1 billion. GAC Group will invest RMB 490 million to hold a 49% stake in the JV, while CATL will hold the rest stake with RMB 510 million investments.

 

The announcement states that the establishment of the two JVs is beneficial to deepen the cooperation between GAC and CATL, help GAC secure the stable supply of major NEV parts, lower the procurement cost of major parts, thus help boost the development of the automaker's NEVs and strengthen the overall competitiveness of the automaker's products.