A-shares unusual movement | Yongtai Technology hits the limit down, CATL's investment in the company falls through

2026-02-25 03:49:37

Abstract generation in progress

Yongtai Technology (002326.SZ), a lithium battery material supplier, hit the limit down in a single trading halt. Currently, the order book amount is as high as 723 million yuan, with a price of 25.89 yuan, and a total market value of 23.95 billion yuan. According to news, less than a week after the announcement of the plan, Yongtai Technology announced on February 13 that it would terminate the acquisition of Ningde Times’ subsidiary shares. This also means that Ningde Times’ reverse investment in the listed company has fallen through. Under the original transaction plan, Ningde Times would transfer its high-tech shares in Yongtai and instead hold shares of Yongtai Technology in the listed company, upgrading their partnership from “subsidiary shareholder” to “listed company shareholder.” In the capital market, this marks an upgrade in the strategic cooperation between the two parties.

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