Ronbay Technology(SH:688005) 梧桐树下V·2026-01-19 03:38Core Viewpoint - The article discusses the investigation by the China Securities Regulatory Commission (CSRC) into Ningbo Ronbay New Energy Technology Co., Ltd. for allegedly misleading statements in a major contract announcement [1]. Financial Performance - In 2024, the company's main business revenue is projected to be 15.088 billion yuan, with a net profit attributable to shareholders of 296 million yuan. However, in the first nine months of 2025, the company reported a revenue of 8.986 billion yuan and a net loss of 204 million yuan, representing a year-on-year decline of 20.64% and 274.96%, respectively [3][4]. - The financial indicators show a significant drop in net profit growth rate, with a decrease of 274.96% in 2025 compared to the previous year [4]. Major Contract Announcement - On January 14, 2026, the company announced a major contract with CATL for the supply of lithium iron phosphate materials, predicting a total supply of approximately 3.05 million tons from Q1 2026 to 2031, with a total sales amount exceeding 120 billion yuan [6]. - The announcement raised concerns from the Shanghai Stock Exchange regarding the discrepancy between the company's existing production capacity and the projected supply under the contract [6]. Response to Inquiry - In response to the inquiry from the Shanghai Stock Exchange, the company clarified that the 120 billion yuan contract total was an estimate and that the actual sales scale would depend on future orders and material prices, indicating uncertainty in the sales amount [7][9]. - The company acknowledged that the original announcement lacked sufficient risk warnings and that some language used was not precise, but denied any intention to manipulate stock prices through the large contract [8][9].