Ningde Times settles in Hong Kong to set up international headquarters and R&D center
On December 7, Hong Kong Science and Technology Parks Corporation (HKSTPC) signed a Memorandum of Understanding (MOU) with Ningde Times New Energy Technology Co. Ningde Times New Energy Technology Co.Ltd. will set up its international headquarters in Hong Kong and establish the "Ningde Times Hong Kong Science and Technology Innovation R&D Center" in the Hong Kong Science Park.

The Hong Kong Science and Technology Parks Corporation (HKSTPC) said that the settlement of Ningde Times in Hong Kong and the research and development of cutting-edge new energy solutions, coupled with the well-established facilities and support facilities of the Hong Kong Science and Technology Parks, will further promote the development of Hong Kong's new energy technology industry, transportation, infrastructure and other related technologies. At the same time, it will also accelerate the sustainable development of Hong Kong's new energy sector, help Hong Kong develop into an international green technology and financial center, promote the development of the local green technology ecosystem, and work together to achieve the zero-carbon goal.
Ningde Times is a leading global supplier of new energy innovation and technology. Founded in 2011, the company is committed to providing first-class solutions and services for global new energy applications, according to its official website.It was listed on the Shenzhen Stock Exchange in 2018.
Currently, Ningde Times is the only EV battery supplier in the world with a market share of more than 30 percent. By the end of 2022, it has been the world's No. 1 in power battery system usage for six consecutive years and the world's No. 1 in energy storage battery shipments for two consecutive years. The batteries it produces are supplied not only to domestic EVs but also to international brands such as Tesla.
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