Anhui Conch New Energy (literal translation of "安徽海螺新能源"), a subsidiary of CONCH CEMENT (00914.HK) -0.050 (-0.238%) Short selling $7.62M; Ratio 10.766% (600585.SH) -0.010 (-0.042%) , and CATL (03750.HK) -7.000 (-2.122%) Short selling $969.02M; Ratio 28.828% (300750.SZ) +1.810 (+0.669%) jointly established Tongliao Conch New Energy Co., Ltd. (literal translation of "通遼海螺新能源有限公司"), Chinese media reported, citing Tianyancha data. The legal representative of the new company is Fang Qunsheng, and the company has a registered capital of RMB600 million. Anhui Conch New Energy reportedly holds a 65% stake in the new company, while CATL holds a 35% stake.Related NewsSoochow Securities Lists Mkt Shr Forecasts for CATL in Power Battery, Major CN Automakers (Table)The business scope of Tongliao Conch New Energy Co., Ltd. includes inspection and testing services, energy storage technology services, information consulting services, emerging energy technology R&D, engineering management services, and power generation technology services, among others. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.) (A Shares quote is delayed for at least 15 mins.)