Ronbay
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Ronbay faces probe over alleged misleading statements in CATL deal, shares plunge
Ronbay shares opened Monday at the daily limit-down of 20%, though losses have narrowed to about 11%.
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Battery materials supplier Ronbay tempers hype over massive deal with CATL
Ronbay said that the RMB 120 billion ($17.2 billion) lithium material order amount with CATL represents its own estimates and involves uncertainties.
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CATL signs $17.2 billion lithium order as world's largest EV battery maker secures key material supply
Ronbay will supply CATL with 3.05 million tons of LFP cathode material from the first quarter of 2026 through 2031.
