Contemporary Amperex Technology Co Limited, China’s largest lithium-ion battery maker
broke ground on Wednesday on a new laboratory to develop next-generation batteries.
In Its headquarters in the city of Ningde, East China’s Fujian province.
The battery giant reported a 28.6-percent year-on-year growth in net profit in 2019
but its net profit shrank by 29.14 percent in the first quarter of 2020 from a year ago, due to the COVID-19 epidemic.
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