Recent events
Recent events tied to this brand in public sources.
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2026
Guoxuan High-Tech reports first-three-quarter results
Guoxuan High-Tech disclosed its first-three-quarter results: revenue was 45.437 billion yuan, up 53.98% year over year, while net profit attributable to shareholders was 849 million yuan, down 66.48%.
2021
Gotion High-Tech files lawsuit amid battery-quality dispute
Gotion High-Tech said it had filed a lawsuit against Oupeng over Oupeng's alleged overdue payments and alleged denigration of Gotion's products. The article also reports allegations concerning battery-pack fires and quality problems; the parties disputed the cause of the problems.
2021
Remote Auto and 11 companies announce China Zero-Carbon Land Transport Alliance
Remote Auto and 11 upstream and downstream companies announced that they would jointly establish the China Zero-Carbon Land Transport Alliance to promote lower-carbon, smarter and more efficient logistics in China.
2021
Gotion High-Tech to acquire Bosch's Göttingen factory
Gotion High-Tech agreed to acquire 100% of the assets and equity of Robert Bosch Aftermarket Solutions GmbH's Göttingen factory. The report describes plans for partial refurbishment and operation of a new energy production base in Europe after completion.
2021
Gotion High-Tech supplies battery cells to Leapmotor
Gotion High-Tech reached a cooperation agreement with Leapmotor to supply battery cells and has begun mass-production supply; its production line is increasing output to meet orders.
2020
Guoxuan High-Tech director resigns
Guoyuan High-Tech announced that Rao Yuanyuan resigned as a director and a member of the board's remuneration and appraisal committee due to a work-position adjustment. She remained with the company as chairperson of a subsidiary.
2020
Gotion High-Tech project for high-nickel cathode materials enters implementation
Gotion High-Tech subsidiary Hefei Gotion Battery Materials signed an agreement with the management committee of Hefei Lujiang High-tech Industrial Development Zone for a project to build annual capacity of 30,000 tonnes of high-nickel ternary cathode materials, marking the project's formal start.
2020
Volkswagen China–Gotion High-Tech acquisition clears antitrust review
China's State Administration for Market Regulation decided not to conduct further review of Volkswagen (China) Investment's acquisition of an equity stake in Gotion High-Tech, allowing the concentration to be implemented.
2020
Volkswagen China plans investment in Gotion High-Tech
Volkswagen (China) Investment agreed to acquire shares in Gotion High-Tech through a share transfer and a planned private placement. If both transactions are completed, Volkswagen China would hold 26.47% of the shares and become Gotion High-Tech's largest shareholder.
2020
Volkswagen China announces planned investment in Gotion High-Tech
Gotion High-Tech disclosed a proposed transaction under which Volkswagen China would acquire a 5% stake from existing shareholders and subscribe for newly issued shares equal to 30% of the pre-issuance share count. If completed, Volkswagen China would hold 26.47% of the company and become its largest shareholder.
2020
Volkswagen set to become Gotion High-Tech's largest shareholder
On May 28, Gotion High-Tech announced a change in its largest shareholder. Through a share transfer and a private placement, Volkswagen was set to become the largest shareholder, with 26.47% of the total shares.
2020
Shenzhen Stock Exchange questions Gotion High-tech over media reports
The Shenzhen Stock Exchange issued an inquiry letter to Gotion High-tech, asking it to verify reports that Volkswagen might increase its planned stake and to clarify whether related information had been leaked. The exchange also requested details about the status of discussions on strategic cooperation with Volkswagen.
2020
Gotion High-Tech investment in Tongguan Copper Foil
Gotion High-Tech announced that its wholly owned subsidiary would contribute a 11.25% stake in Hefei Tongguan Gotion Copper Materials and RMB 6.795 million in cash to Tongguan Copper Foil in a capital increase. The parties signed a capital increase agreement; the announced investment price was RMB 102.87 million.
2019
Gotion High-Tech and China Energy Engineering East China sign strategic cooperation agreement
Gotion High-Tech and China Energy Engineering East China signed a strategic cooperation agreement. They agreed to combine their respective strengths in energy-storage batteries and energy-storage station design, construction and investment, and cooperate on energy-storage station construction.