What is the scale and purpose of CATL's proposed share buyback plan, and how does it compare to previous record-breaking buybacks in the A-share market?

CATL has proposed a share buyback plan with a funding range of 20 billion to 40 billion yuan (not 400 billion — the body states '上限400亿元' meaning 'upper limit of 40 billion yuan', as confirmed by standard Chinese financial notation where '亿元' = 100 million yuan; thus 400亿元 = 40 billion yuan), with a maximum price of 573 yuan per share, and all repurchased shares will be cancelled to reduce registered capital; the plan is valid for 12 months after shareholder approval; prior to this, the largest single-time full-cancellation buyback in A-share history was Gree Electric’s 15 billion yuan plan disclosed in 2021.

What did Japan announce regarding its deep-sea rare earth extraction efforts, and what is the timeline for next steps?

Japan announced the results of its first trial extraction of rare earth elements from deep-sea mud, and plans to launch large-scale trial extraction in February next year.

CATL Proposes Record 40 Billion Yuan Share Buyback; MIIT Inspects Aion and XPeng; Japan Announces Deep-Sea Rare Earth Trial Results

Jul 27, 2026

CATL announced a record 40 billion yuan share buyback, while the MIIT inspected EV makers Aion and XPeng. Japan also released results from its first deep-sea rare earth trial, planning large-scale operations next February.

caixin

2026-07-27

CATL Proposes Record 40 Billion Yuan Share Buyback; MIIT Inspects Aion and XPeng; Japan Announces Deep-Sea Rare Earth Trial Results

CATL Proposes Record 40 Billion Yuan Share Buyback; MIIT Inspects Aion and XPeng; Japan Announces Deep-Sea Rare Earth Trial Results

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