Is CALB a Chinese battery company?

(Bloomberg) -- CALB Co., a Chinese battery supplier for electric vehicle makers, has received approval from the Hong Kong stock exchange for an initial public offering, according to people familiar with the matter. Most Read from Bloomberg

Who owns CALB EV battery company?

Established in 2015 via a spinoff from its parent company, which was ultimately controlled by Aviation Industry Corporation of China, or AVIC, CALB has become one of the leading EV battery companies.

Who owns CALB?

CALB was co-founded in 2015 by a unit controlled by Aviation Industry Corp of China, the state-owned conglomerate that makes fighter jets for the military, and the government of Jintan district in Changzhou, in eastern Jiangsu province.