688005 Ningbo Ronbay New Energy Technology
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Ningbo Ronbay New Energy Technology News
Is the lithium battery industry chain about to bottom out? Industry insiders expect prices to rebound next year, with leaders emphasizing a global layout.
Zhang Xiaofei, the chairman of Gaogong Lithium Battery, expects that the first quarter of next year will be the lowest point for prices, while the prices of battery main materials will begin to rise in the second quarter of next year.
Express News | Ningbo Ronbay New Energy Technology Chairman Mr. Bai Houshan: Overseas cathode factories reached full production in the fourth quarter and are currently seeking to establish a factory in North America.
Stimulated by the dual demand of electric vehicles and low-altitude economy, the solid state battery industry is accelerating its development.
1. Tailun New Energy announced that the company's research and development project on "membrane-free semi-solid-state lithium-ion battery large-scale preparation" has smoothly passed the technology achievement appraisal organized by the China Light Industry Federation. 2. Citic Securities research reports indicate that besides recent progress in the solid-state battery field led by complete vehicle manufacturers, the aviation sector is gradually becoming an important practical scenario for solid-state batteries, and lithium battery equipment manufacturers are expected to explore the second growth curve in the solid-state battery field.
Ningbo Ronbay New Energy Technology (688005): Overseas demand drives a significant increase in shipments compared to the previous period, emphasizing the importance of the flexibility of the overseas supply chain symbol.
Event description: ningbo ronbay new energy technology released the Q3 report for 2024, the company achieved revenue of 11.323 billion yuan in the first three quarters, a year-on-year decrease of 39.04%; achieved net income attributable to the parent company of 0.116 billion yuan, a year-on-year decrease of 81.1%; achieved deducting non-recurring.
Ningbo Ronbay New Energy Technology (688005): Stable shipments of ternary cathodes, significant improvement in profitability.
Key points: In the first three quarters of 2024, the company's revenue was 11.323 billion yuan, a year-on-year decrease of 39%, net income attributable to shareholders was 0.116 billion yuan, a year-on-year decrease of 81%. Among them, Q3 2024 revenue was 4.436 billion yuan, a year-on-year decrease of 22%.
Express News | Ningbo Ronbay New Energy Technology: South Korea JS Base Phase II project is expected to be put into operation in the first quarter of 2025.
Express News | Ningbo Ronbay New Energy Technology: The site selection for factories in the North American region is progressing steadily, and successful contacts have been made with the governments of key areas.
Ningbo Ronbay New Energy Technology (688005): Q3 performance exceeds expectations, overseas customers increase significantly, looking ahead to solid-state electrolyte layout.
Company announcement: In the first three quarters of 2024, the company achieved operating income, net profit attributable to shareholders, and non-recurring net income of 11.3 billion yuan, 0.116 billion yuan, and 0.089 billion yuan, respectively, a year-on-year decrease of 39%, 81%, and 84% respectively. Q3
Ningbo Ronbay New Energy Technology (688005) 2024 Third Quarter Report Review: Q3 profit significantly improved, overseas factories are about to reach full production.
Investment highlights: Performance slightly exceeded expectations. The company's revenue for Q1-3 of 24 was 11.3 billion yuan, -39% year-on-year, with a net income attributable to the parent company of 0.12 billion yuan, -81% year-on-year, gross margin of 9%, up 0.4 percentage points, and a net margin of 1%, -2 percentage points year-on-year.
Third Quarter Report 2024
ningbo ronbay new energy technology (688005.SH): net income of 0.116 billion yuan in the first three quarters, a decrease of 81.10% year-on-year.
Rongbai New Energy Technology (688005.SH) announced on October 29 that in the first three quarters of 2024, it achieved revenue of 11.323 billion yuan, a decrease of 39.04% year-on-year; net income attributable to shareholders of the listed company was 0.116 billion yuan, a decrease of 81.10% year-on-year; basic earnings per share was 0.24 yuan. In the third quarter of 2024, revenue was 4.436 billion yuan, a decrease of 21.91% year-on-year; net income attributable to shareholders of the listed company was 0.106 billion yuan, a decrease of 55.15% year-on-year; basic earnings per share was 0.22 yuan.
Ningbo Ronbay New Energy Technology (688005.SH): The developed high-nickel, ultra-high-nickel polycrystalline and monocrystalline ternary cathode materials are at the international leading level.
Ningbo Ronbay New Energy Technology (688005.SH) stated on the interactive platform on October 14 that the company's developed high-nickel, ultra-high-nickel polycrystalline and monocrystalline ternary cathode materials are at the international leading level, and have successfully entered the top battery factories in Japan and South Korea, as well as the mainstream vehicle supply chains in Europe and North America, with the proportion of overseas shipments continuing to increase. With the increase in demand for large cylindrical battery mass production, pedestrian robots, low-altitude flights, and other high-energy-density products, the sales of the company's ultra-high-nickel 9 series products are also continuously increasing. As the first domestic cathode material enterprise to construct a high-nickel cathode material production project overseas, the company's South Korea base has been completed with a capacity of 0.02 million tons.
Ningbo Ronbay New Energy Technology (688005.SH): The company has completed the development of various solid electrolyte materials.
On September 23, Ningbo Ronbay New Energy Technology (688005.SH) stated on the interactive platform that the company has completed the development of various solid-state electrolyte materials, including sulfide solid-state electrolyte, oxide solid-state electrolyte, halide solid-state electrolyte, etc. Among them, the solid-state battery sulfide electrolyte meets the international customers' requirements in terms of capacity indicators and charge-discharge efficiency, and is currently in the pilot verification stage.
Ningbo Ronbay New Energy Technology (688005.SH): Battery products supporting the cathode material of semi-solid state batteries have been applied to terminal customers for 1000 kilometers of ultra-long range vehicle models.
Ningbo Ronbay New Energy Technology (688005.SH) stated on the interactive platform on September 23rd that the company's solid state battery material has established cooperative relationships with more than 40 domestic and foreign battery and vehicle enterprises including QINGTAO, Contemporary Amperex Technology, Weilan New Energy, etc. In addition to Chinese customers, it also includes battery and vehicle enterprises from South Korea, Japan, and Europe, as well as collaborative research on some national key projects. The battery products supporting the cathode material for semi-solid state batteries have been applied to long-range models with a range of over 1000 kilometers for end customers, and the ternary cathode material for solid state batteries has been fully recognized by leading customers in the industry. The shipment volume is expected to be stable in 2024.
Ningbo Ronbay New Energy Technology (688005): The positive electrode full matrix is gradually taking shape, and the overseas layout is gradually gaining an advantage.
The company released its 2024 interim report, with revenue of 6.888 billion yuan for the first half of 2024, a year-on-year decrease of 46.58%, and a net income attributable of 0.01 billion yuan, a year-on-year decrease of 97.28%, achieving a non-GAAP net income of
Express News | Star market closing review: Star 50 index fluctuated and closed up 0.03%. The medical instruments sector continued to decline.
Express News | Star market review: Most semiconductor sectors fell, while the lithium battery sector performed actively.
Deep * Company * Ningbo Ronbay New Energy Technology (688005): High-nickel leading position is stable, and the degree of globalization continues to rise.
The company released its mid-year report for 2024, with a profit of 0.01 billion yuan in the first half of the year, a year-on-year decrease of 97.29%, and a significant improvement in 2024Q2. The company's leading position in high-nickel ternary materials is stable, overseas production capacity is progressing smoothly, and the globalization process is underway.
Express News | The latest disclosure of social security fund holding positions reveals that 10 new stocks were added and this individual stock was significantly increased.
Ningbo Ronbay New Energy Technology (688005): It achieved a turnaround from loss to profit in Q2 of 2024, and production capacity is expected to improve quarter by quarter in Q3 of 2024.
In the first half of 2024, the company achieved revenue of 6.888 billion yuan from investment events, a year-on-year decrease of 46.58%, and a net income attributable to the mother of 10.2779 million yuan, a year-on-year decrease of 97.29%. Among them, in the second quarter, the company achieved
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