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Ningbo Ronbay New Energy Technology (688005): Q4 South Korea factory turns losses into profits, and the profit level has significantly improved.
Investment highlights: performance meets expectations. The company’s revenue in 2024 is 15.1 billion yuan, down 33% year-on-year, with a net income of 0.3 billion yuan, down 49% year-on-year, and a net profit excluding non-recurring items of 0.24 billion yuan, down 53% year-on-year; among which, revenue in Q4 2024 is 3.8 billion.
Rongbai Technology: 2024 Annual Report
Rongbai Technology: 2024 Annual Report Summary
2024 ANNUAL REPORT
2024 Annual Report Summary
Ningbo Ronbay New Energy Technology (688005.SH): plans to reduce the originally planned annual production capacity of 0.06 million tons for the "2025 Power-type Lithium Battery Material Comprehensive Base (Phase I)" to 0.03 million tons and to conclude th
Gelonghui, April 9 – Ningbo Ronbay New Energy Technology (688005.SH) announced that the "2025 Dynamic Lithium Battery Material Comprehensive Base (Phase I)" project (hereinafter referred to as "this project" or "the fundraising project") aims for an annual production of 0.06 million tons of ternary precursors. Among these, Phase 1-1's 0.03 million tons has been completed, while Phase 1-2's 0.03 million tons has not yet started. The investment scale for this project is now proposed to be adjusted to 0.03 million tons, and it will be closed. The project plans to use raised funds of 826.0029 million yuan, and as of the date of this report, a total of 748.7281 million yuan has been invested, with remaining project fundraising.