CATL has become a shareholder in Shenzhen Yigen Technology Co., Ltd., according to a recent corporate filing shown on Tianyancha, while the company’s registered capital rose from 5 million yuan to about 5.5714 million yuan. Jiemian News reported that Shenzhen Yigen Technology, founded in December 2020 and led by legal representative Zheng Jiaxin, develops software for materials simulation and modeling, and also offers software development, computer system services and new materials research. The company is now jointly held by Jiaxing Yigen Enterprise Management Partnership (Limited Partnership), Zheng Jiaxin and the newly added shareholder.