Rongbai Technology: Received Inquiry Letter from Shanghai Stock Exchange Requesting Verification and Supplementary Disclosure of Matters Related to Cooperation with Ningde Times.

date
14/01/2026
Announcement by Rongbai Technology: On January 13, 2026, the company received an inquiry letter from the Shanghai Stock Exchange. On January 14, 2026, it was announced that the company had signed a "Lithium Iron Phosphate Cathode Material Procurement Cooperation Agreement" with CATL. The built lithium iron phosphate capacity disclosed by the company is far from the expected production volume under this agreement. According to the announcement and supporting documents submitted by the company, the agreement does not specify the total sales amount, and the basis for determining the sales amount has not been disclosed by the company. The Shanghai Stock Exchange requested the company to disclose specific provisions regarding annual capacity in the agreement, clarify whether the company has the corresponding performance capability based on factors such as planned and under construction capacity, capacity acquisition plans during the term of the agreement, funding reserves, and strategic planning.