Ge Long Hui·2025-11-17 03:21Core Viewpoint - Rongbai Technology (688005.SH) has reached a new high in stock price at 354 RMB, following the signing of a cooperation agreement with CATL, positioning Rongbai as CATL's primary supplier of sodium battery cathode materials [1] Group 1: Agreement Details - The cooperation agreement stipulates that CATL will procure no less than 60% of its total procurement volume from Rongbai, with an annual procurement volume of 500,000 tons or more [1] - Rongbai Technology is expected to offer more favorable pricing through cost reductions as part of the agreement [1] Group 2: Impact on Business Performance - The signing of the agreement is anticipated to have a positive impact on Rongbai's future operating performance [1] - The collaboration aims to leverage the strengths and resources of both parties in the industry, focusing on creating a safer and lower-carbon new energy battery ecosystem [1] Group 3: Strategic Collaboration - The partnership will involve cooperation in strategic goal alignment, long-term product supply, and new product development [1]