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Rongbai Technology: First Quarter Report 2025
2024 Annual Report short version (English version)
2025 First Quarter Report
Ningbo Ronbay New Energy Technology (688005.SH): Plans to invest no more than 1.705 billion yuan to construct the first phase of the 0.025 million ton Cathode Material project in Poland.
On April 29, Gelonghui reported that Ningbo Ronbay New Energy Technology (688005.SH) announced plans to invest in Poland to establish a production base for Cathode Material with an annual output of 0.025 million tons. This is in response to the recent legislative requirements in Europe encouraging the localization of key raw materials, aiming to enhance the company's Global Strategy layout, further enrich overseas sales channels and customer resources. This will further strengthen the company's Global Industry Chain synergy effects, enhance comprehensive competitive advantages and profitability. The company plans to use its own and self-raised funds not exceeding 1.705 billion yuan to invest in the first phase of the Poland Cathode Material project of 0.025 million tons (hereinafter referred to as 'Poland Phase I').
China Merchants: Sodium-ion Batteries are expected to gradually move towards large-scale applications.
In recent years, the cost of Sodium-ion Batteries has rapidly decreased, and the energy density has also greatly improved, with their application scenarios and scale constantly expanding.
Rongbai Technology: 2024 Annual Report
Investors Could Be Concerned With Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Returns On Capital
