Rongbai Science and Technology: signed a strategic cooperati...

Rongbai Science and Technology: signed a strategic cooperation and long-term supply agreement with Ningde Times, the two sides will carry out comprehensive and in-depth cooperation in battery and material fields such as strategy, market, commerce, technology, product development, supply chain, etc. Ningde Times expects to purchase about 100000 tons of high nickel ternary cathode materials from the company in 2022 and will use the company as its first supplier of ternary cathode powder from 2023 to the end of 2025.
$Ningbo Ronbay New Energy Technology(688005.SH)$
$Contemporary Amperex Technology(300750.SZ)$