Ronbay Technology(SH:688005) Mei Ri Jing Ji Xin Wen·2026-02-07 04:33Core Viewpoint - Rongbai Technology, a well-known new energy company in A-shares, received a total fine of 9.5 million yuan from the China Securities Regulatory Commission (CSRC) for misleading statements related to a major contract with CATL [2][6] Group 1: Misleading Statements - The company announced on January 13, 2026, a significant contract with CATL for the supply of 3.05 million tons of lithium iron phosphate cathode materials, with a total sales amount exceeding 120 billion yuan, which was claimed to positively impact future operating performance [3][5] - The CSRC identified four major misleading statements in the announcement, including the lack of a formal agreement on the total sales amount and the uncertainty of the sales figures [3][4] - The contract stipulated that the procurement volume would be at least 70% of the forecasted 3.05 million tons, with final agreements subject to subsequent contracts [4] Group 2: Regulatory Actions and Penalties - The CSRC proposed a warning and a fine of 4.5 million yuan for Rongbai Technology, along with fines of 3 million yuan for Chairman Bai Houshan and 2 million yuan for Secretary Yu Jiyun, totaling 9.5 million yuan [6] - The company retains the right to present facts and evidence for review by the regulatory authority, which may influence the final administrative penalty decision [4][6] Group 3: Company Performance and Market Reaction - As of February 6, the company's stock price was 30.07 yuan, with a total market value of 21.492 billion yuan; the stock had increased over 70% in 2025 but had dropped more than 15% since the beginning of 2026 [7]