Ningbo Ronbay New Energy Technology Co. Ltd. Class A
SSSE:68800519.59
CNY
-0.46
(-2.29%)
ISIN
CNE100003MS6
Return %
Stock
S&P 500
1Y
-23.39
14.20
3Y
-30.27
81.12
5Y
-72.97
68.34
Capital Structure
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- CEO
- Hou Shan Bai
- Full Time Employees
- 3,962
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- No.39, East Road of Tanjialing Yuyao ZH China 315400
- IPO Date
- Jul 22, 2019
- Website
- ronbaymat.com
- Similar Companies
- Business
- Ningbo Ronbay New Energy Technology Co., Ltd. engages in the research, development, production, and sale of multi-materials including lithium iron manganese phosphate materials, sodium battery materials, and multi-precursors primarily used in the manufacture of lithium and sodium-ion batteries. Its core product portfolio includes NCM811 series, NCA series, Ni90 and above ultra-high nickel ternary cathode and precursor materials, lithium manganese iron phosphate cathode materials, layered oxides, and polyanionic sodium battery cathode materials. These products serve key markets such as new energy vehicle power batteries, electric two-wheeled vehicles, energy storage equipment, and electronic products in both domestic and international markets. Founded in 2014 and headquartered in Yuyao, China, Ningbo Ronbay has expanded its operations globally with production bases and offices in North America, Europe, and Southeast Asia. Recent major company developments include strategic cooperation agreements with CATL New Energy Fund Technology Co., Ltd. and other industry partnerships, along with a significant investment of approximately USD 362 million to establish two battery materials plants in Chungju, South Korea, marking a significant expansion of its manufacturing capabilities. In 2024 and 2025, Ningbo Ronbay achieved record sales growth with its ternary cathode materials, reaching a global market share exceeding 12%, maintaining the top global position for four consecutive years. The company has also made breakthroughs in sodium-ion battery cathode products, advancing integrated process equipment that significantly reduces manufacturing costs. Further, the company has enhanced its supply chain system by integrating technology output, material supply, and green manufacturing, and it continues upgrading production lines with advanced automation and digitization to drive efficiency and reduce operating costs. Ningbo Ronbay positions itself as a high-tech new energy materials enterprise focused on innovation and sustainable growth, providing comprehensive cathode material solutions across the battery value chain. Its products are essential components for lithium-ion and sodium-ion batteries powering electric vehicles, energy storage systems, and electronic products worldwide. The company remains committed to expanding its production capacity, technological advancement, and global footprint to meet growing demand in the new energy sector.