Ronbay Technology(SH:688005) Mei Ri Jing Ji Xin Wen·2026-01-18 09:37Core Viewpoint - Ningbo Rongbai New Energy Technology Co., Ltd. (Rongbai Technology) is under investigation by the China Securities Regulatory Commission (CSRC) for allegedly misleading statements regarding a significant contract, while the company asserts that its operations remain normal during the investigation [1][4]. Group 1: Contract Details - Rongbai Technology signed a procurement cooperation agreement with CATL for the supply of 3.05 million tons of lithium iron phosphate cathode materials, with a total estimated sales amount exceeding 120 billion yuan [7]. - The agreement does not specify a procurement amount, and the total sales figure is an estimate based on potential orders, indicating uncertainty in actual sales [3][6]. Group 2: Financial and Operational Status - The company plans to invest approximately 8.7 billion yuan over the next three years to meet the contract's requirements, with funding sourced from bank loans and internal funds [3][6]. - Rongbai Technology expects to achieve a net profit of approximately 30 million yuan in Q4 2025, while projecting an annual net loss of 150 million to 190 million yuan for the same year [8].