CATL Aligns Reporting to Chinese Accounting Standards, Drops Separate Overseas Auditor

Contemporary Amperex Technology Co., Limited Class H ( (HK:3750) ) has provided an announcement.

Contemporary Amperex Technology Co., Limited has approved a shift to prepare and disclose all its financial statements solely under the China Accounting Standards for Business Enterprises from the 2025 annual report onward, citing the substantial convergence between CASBE and IFRS and emphasizing that the move will not materially affect its reported results or financial position. With this alignment, CATL will rely on its domestic auditor Grant Thornton Certified Public Accountants, which is recognized by Chinese and Hong Kong regulators to serve PRC issuers listed in Hong Kong, and will no longer appoint a separate overseas auditing firm—an efficiency-focused change that the board’s audit committee says will streamline disclosure without compromising the reliability of financial information for investors.

The most recent analyst rating on (HK:3750) stock is a Hold with a HK$557.00 price target. To see the full list of analyst forecasts on Contemporary Amperex Technology Co., Limited Class H stock, see the HK:3750 Stock Forecast page.

More about Contemporary Amperex Technology Co., Limited Class H

Contemporary Amperex Technology Co., Limited (CATL) is a PRC-incorporated joint stock company listed on both the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. The company operates in the battery and energy storage sector, and prepares its financial reports under Chinese Accounting Standards for Business Enterprises (CASBE) as well as International Financial Reporting Standards (IFRS) to meet dual-market regulatory requirements.

Average Trading Volume: 2,473,441

Technical Sentiment Signal: Hold

Current Market Cap: HK$1901B

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