CATL raises a total of RMB 45 billion through the offering, which will be used for lithium battery capacity construction and technology development projects.

As of press time, CATL shares traded in Shenzhen rose 3.94 percent to RMB 526.99, as a government conference stoked investor optimism about the new energy vehicle (NEV) chain. CATL's cumulative gain since May 10 reached about 43 percent.