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Ningbo Ronbay New Energy Technology: It is expected that the scale-up of sodium batteries will be implemented next year and cooperation is being promoted with downstream humanoid robot clients | Direct report on the Earnings Conference.
① Manganese iron lithium products have obtained demand for thousands of Autos orders from leading power battery companies; recently signed a bulk purchase agreement for Cathode Material with Sodium-ion Batteries companies, and large-scale implementation is expected next year; ② The second phase of production capacity at the South Korea plant is undergoing debugging work, and production is expected to start in early 2025; the Europe plant is expected to complete its first phase of construction before the end of 2025 and has completed the registration of its North American subsidiary.
Ningbo Ronbay New Energy Technology (688005.SH) plans to increase its capital reserves to increase share capital in the third quarter of 2024: it intends to convert 4.9 shares for every 10 shares.
Ningbo Ronbay New Energy Technology (688005.SH) issued an announcement to meet the long-term development needs of the company. Following a resolution by the Board of Directors, it plans to...
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Takes On Some Risk With Its Use Of Debt
Ningbo Ronbay New Energy Technology (688005.SH): Construction of 0.02 million tons production capacity in South Korea has been completed, and mass production is expected to be achieved by 2026.
Gelonghui, December 12, reports that Ningbo Ronbay New Energy Technology (688005.SH) stated on its interactive platform that in the third quarter, the company's manganese lithium iron phosphate product shipments increased by over 100% year-on-year, maintaining the top market share in the Industry. It holds the primary supply position among multiple clients and has secured demand for thousands of Autos orders from leading power Battery companies, which is expected to gradually ramp up by 2025. The company has established a manganese lithium iron phosphate production capacity of 0.01 million tons in China, while the construction of 0.02 million tons capacity in South Korea has completed validation, with mass production expected by 2026. At the same time, a European base is also being planned to support manganese (phosphate) lithium iron production capacity.
Ningbo Ronbay New Energy Technology (688005.SH): Ultra-high nickel ternary cathode material for semi-solid state batteries maintains stable shipments.
On December 12, Gelonghui reported that Ningbo Ronbay New Energy Technology (688005.SH) stated on the interactive platform that the company has always been in a leading position in the Solid State Battery direction, having successfully developed multiple high nickel/ultra-high nickel ternary Cathode Materials suitable for semi/full solid-state batteries. Among them, the ultra-high nickel ternary Cathode Material for semi-solid-state batteries maintains stable shipments, while continuously developing the next generation of higher energy density Cathode Materials and key materials for semi-solid-state batteries. The ultra-high nickel ternary Cathode Material and sulfide electrolyte materials for full solid-state batteries have been certified by several domestic and foreign customers, with the capacity and cycling performance of the full solid-state battery Cathode Materials remaining advanced.
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
Investors Could Be Concerned With Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Returns On Capital
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