Ronbay Technology(SH:688005) Zhong Guo Jing Ji Wang·2026-02-09 07:40Core Viewpoint - Rongbai Technology (688005.SH) has received an administrative penalty notice from the Ningbo Regulatory Bureau of the China Securities Regulatory Commission (CSRC) regarding misleading statements in a major contract announcement [1][4]. Group 1: Administrative Penalty Details - On February 6, 2026, Rongbai Technology received the administrative penalty notice from the CSRC, which includes proposed penalties for the company and its executives [1]. - The CSRC intends to impose a fine of 4.5 million yuan on Rongbai Technology, 3 million yuan on Chairman Bai Houshan, and 2 million yuan on Secretary Yu Jiyun, totaling 9.5 million yuan in penalties [4][5]. Group 2: Misleading Statements - The investigation revealed that the announcement made on January 13, 2026, regarding a procurement cooperation agreement with CATL (Contemporary Amperex Technology Co., Ltd.) contained misleading information, including an estimated total sales amount of over 120 billion yuan, which was not stipulated in the actual agreement [2][3]. - The actual procurement volume was subject to future contracts and not guaranteed at the announced figure of 3.05 million tons [3]. Group 3: Compliance and Future Actions - Rongbai Technology stated that it believes the alleged violations do not trigger other risk warning situations or major illegal delisting circumstances as per the Shanghai Stock Exchange's rules [5]. - The company will continue to monitor the situation and fulfill its information disclosure obligations in accordance with relevant laws and regulations [5].