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On September 14, the General Administration of Market Regulation recently released a list of unconditional approval of operator concentration cases from August 31 to September 6, 2026, including the case where Ningde Times New Energy Technology Co., Ltd. acquired shares in Chongqing Yaoning New Energy Technology Co., Ltd. In 2011, the Chongqing Fuling District People's Government signed a cooperation agreement with Geely Technology Group, and Geely Technology's new energy power battery project settled in Fuling. The project established Chihang Renewable Energy Co., Ltd., a joint venture between Geely Technology Group and Funeng Technology Co., Ltd. The project has a total investment of about 8.5 billion yuan, and is mainly engaged in R&D, production and sales of power battery cells, modules, and packs. After that, Funeng Technology withdrew, and the company changed its name to Chongqing Yaoning New Energy.

Zhitongcaijing·09/14/2026 04:57:01
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On September 14, the General Administration of Market Regulation recently released a list of unconditional approval of operator concentration cases from August 31 to September 6, 2026, including the case where Ningde Times New Energy Technology Co., Ltd. acquired shares in Chongqing Yaoning New Energy Technology Co., Ltd. In 2011, the Chongqing Fuling District People's Government signed a cooperation agreement with Geely Technology Group, and Geely Technology's new energy power battery project settled in Fuling. The project established Chihang Renewable Energy Co., Ltd., a joint venture between Geely Technology Group and Funeng Technology Co., Ltd. The project has a total investment of about 8.5 billion yuan, and is mainly engaged in R&D, production and sales of power battery cells, modules, and packs. After that, Funeng Technology withdrew, and the company changed its name to Chongqing Yaoning New Energy.