CATL Founder Zeng Yuqun Receives $1.1 Billion Dividend, Expert Praises Fairness and Performance

At the Sina Finance 3·15 Investor Protection Forum held on March 13, Liu Jipeng, a professor at the Business School of China University of Political Science and Law and a well-known capital markets expert, delivered a keynote speech. Liu pointed out that Zeng Yuqun, the controlling shareholder of CATL (Contemporary Amperex Technology Co., Ltd.), received a dividend of 8.1 billion yuan, setting a new record in China's securities market. The market has shown no negative reaction to this, primarily because the dividend distribution was based on principles of fairness, justice, and transparency. The company achieved profit growth through solid operational performance and increased the dividend payout ratio to reward shareholders. Even though the controlling shareholder received a substantial dividend, the market accepts it willingly. This case also reflects the fundamental logic of capital markets: in a fair market environment, investors are tolerant of normal market gains and losses and do not harbor unfounded complaints.