Is Contemporary Amperex Technology Co Ltd Stock Halal?

Contemporary Amperex Technology Co Ltd is a CN-based company operating in Electrical Equipment industry. The company is headquartered in Ningde, Fujian and currently employs 185,839 full-time employees. The company went IPO on 2018-06-11. Contemporary Amperex Technology Co Ltd is a China-based company mainly engaged in the research and development, production, and sales of power batteries and energy storage batteries. The firm's products are applied in various fields such as passenger cars, commercial vehicles, pre meter energy storage, and post meter energy storage, as well as in application scenarios such as engineering machinery, ships, and aircraft. The power battery products mainly include battery cells, modules or boxes, and battery packs. The energy storage battery products mainly include battery cells, battery cabinets, energy storage containers, and alternating current side systems. The firm also engages in battery materials and recycling, as well as other businesses. The firm operates its businesses in both domestic and international markets.