Dongxing: The fundamentals of the lithium battery Industry are expected to stabilize and improve in 2025, with the application of new technologies accelerating.
The continuous improvement of the supply and demand structure in the lithium battery Sector in 2025, along with the ongoing demonstration of various new technologies' industrial application, will be the main driving force behind the Sector's rise.
Ningbo Ronbay New Energy Technology: It is expected that the scale-up of sodium batteries will be implemented next year and cooperation is being promoted with downstream humanoid robot clients | Direct report on the Earnings Conference.
① Manganese iron lithium products have obtained demand for thousands of Autos orders from leading power battery companies; recently signed a bulk purchase agreement for Cathode Material with Sodium-ion Batteries companies, and large-scale implementation is expected next year; ② The second phase of production capacity at the South Korea plant is undergoing debugging work, and production is expected to start in early 2025; the Europe plant is expected to complete its first phase of construction before the end of 2025 and has completed the registration of its North American subsidiary.
Express News | Ningbo Ronbay New Energy Technology: plans to issue 4.9 additional shares for every 10 shares.
Express News | Guosen Securities: Initiating coverage on CNGR Advanced Material with an "Outperform" rating and a Target Price of 44.7-47.3 yuan.
Express News | Guosen Securities: New technologies such as sodium batteries and Solid State Batteries are thriving.
Express News | Ningbo Ronbay New Energy Technology: Domestic manganese iron phosphate solid-state production capacity of 0.01 million tons has been completed, while the 0.02 million tons in South Korea is expected to be mass-produced in 2026.
Ningbo Ronbay New Energy Technology (688005.SH): Ultra-high nickel ternary Cathode Material for Solid State Battery maintains stable shipments.
On December 12, Gelonghui reported that Ningbo Ronbay New Energy Technology (688005.SH) stated on the interactive platform that the company has always been in a leading position in the Solid State Battery direction, having successfully developed multiple high nickel/ultra-high nickel ternary Cathode Materials suitable for semi/full solid-state batteries. Among them, the ultra-high nickel ternary Cathode Material for semi-solid-state batteries maintains stable shipments, while continuously developing the next generation of higher energy density Cathode Materials and key materials for semi-solid-state batteries. The ultra-high nickel ternary Cathode Material and sulfide electrolyte materials for full solid-state batteries have been certified by several domestic and foreign customers, with the capacity and cycling performance of the full solid-state battery Cathode Materials remaining advanced.
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
Is the lithium battery industry chain about to bottom out? Industry insiders expect prices to rebound next year, with leaders emphasizing a global layout.
Zhang Xiaofei, the chairman of Gaogong Lithium Battery, expects that the first quarter of next year will be the lowest point for prices, while the prices of battery main materials will begin to rise in the second quarter of next year.
Express News | Ningbo Ronbay New Energy Technology Chairman Mr. Bai Houshan: Overseas cathode factories reached full production in the fourth quarter and are currently seeking to establish a factory in North America.
Stimulated by the dual demand of electric vehicles and low-altitude economy, the solid state battery industry is accelerating its development.
1. Tailun New Energy announced that the company's research and development project on "membrane-free semi-solid-state lithium-ion battery large-scale preparation" has smoothly passed the technology achievement appraisal organized by the China Light Industry Federation. 2. Citic Securities research reports indicate that besides recent progress in the solid-state battery field led by complete vehicle manufacturers, the aviation sector is gradually becoming an important practical scenario for solid-state batteries, and lithium battery equipment manufacturers are expected to explore the second growth curve in the solid-state battery field.
Ningbo Ronbay New Energy Technology (688005): Overseas demand drives a significant increase in shipments compared to the previous period, emphasizing the importance of the flexibility of the overseas supply chain symbol.
Event description: ningbo ronbay new energy technology released the Q3 report for 2024, the company achieved revenue of 11.323 billion yuan in the first three quarters, a year-on-year decrease of 39.04%; achieved net income attributable to the parent company of 0.116 billion yuan, a year-on-year decrease of 81.1%; achieved deducting non-recurring.
Ningbo Ronbay New Energy Technology (688005): Stable shipments of ternary cathodes, significant improvement in profitability.
Key points: In the first three quarters of 2024, the company's revenue was 11.323 billion yuan, a year-on-year decrease of 39%, net income attributable to shareholders was 0.116 billion yuan, a year-on-year decrease of 81%. Among them, Q3 2024 revenue was 4.436 billion yuan, a year-on-year decrease of 22%.
Express News | Ningbo Ronbay New Energy Technology: South Korea JS Base Phase II project is expected to be put into operation in the first quarter of 2025.
Express News | Ningbo Ronbay New Energy Technology: The site selection for factories in the North American region is progressing steadily, and successful contacts have been made with the governments of key areas.
Ningbo Ronbay New Energy Technology (688005): Q3 performance exceeds expectations, overseas customers increase significantly, looking ahead to solid-state electrolyte layout.
Company announcement: In the first three quarters of 2024, the company achieved operating income, net profit attributable to shareholders, and non-recurring net income of 11.3 billion yuan, 0.116 billion yuan, and 0.089 billion yuan, respectively, a year-on-year decrease of 39%, 81%, and 84% respectively. Q3
Ningbo Ronbay New Energy Technology (688005) 2024 Third Quarter Report Review: Q3 profit significantly improved, overseas factories are about to reach full production.
Investment highlights: Performance slightly exceeded expectations. The company's revenue for Q1-3 of 24 was 11.3 billion yuan, -39% year-on-year, with a net income attributable to the parent company of 0.12 billion yuan, -81% year-on-year, gross margin of 9%, up 0.4 percentage points, and a net margin of 1%, -2 percentage points year-on-year.
Third Quarter Report 2024
ningbo ronbay new energy technology (688005.SH): net income of 0.116 billion yuan in the first three quarters, a decrease of 81.10% year-on-year.
Rongbai New Energy Technology (688005.SH) announced on October 29 that in the first three quarters of 2024, it achieved revenue of 11.323 billion yuan, a decrease of 39.04% year-on-year; net income attributable to shareholders of the listed company was 0.116 billion yuan, a decrease of 81.10% year-on-year; basic earnings per share was 0.24 yuan. In the third quarter of 2024, revenue was 4.436 billion yuan, a decrease of 21.91% year-on-year; net income attributable to shareholders of the listed company was 0.106 billion yuan, a decrease of 55.15% year-on-year; basic earnings per share was 0.22 yuan.
Ningbo Ronbay New Energy Technology (688005.SH): The developed high-nickel, ultra-high-nickel polycrystalline and monocrystalline ternary cathode materials are at the international leading level.
Ningbo Ronbay New Energy Technology (688005.SH) stated on the interactive platform on October 14 that the company's developed high-nickel, ultra-high-nickel polycrystalline and monocrystalline ternary cathode materials are at the international leading level, and have successfully entered the top battery factories in Japan and South Korea, as well as the mainstream vehicle supply chains in Europe and North America, with the proportion of overseas shipments continuing to increase. With the increase in demand for large cylindrical battery mass production, pedestrian robots, low-altitude flights, and other high-energy-density products, the sales of the company's ultra-high-nickel 9 series products are also continuously increasing. As the first domestic cathode material enterprise to construct a high-nickel cathode material production project overseas, the company's South Korea base has been completed with a capacity of 0.02 million tons.