Rongbai Technology Plans To Adjust Equity Structure Of Wholly-Owned Korean Subsidiary

Published: Mar 17, 2026 14:34

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On March 17, Rongbai Technology released the "Announcement Regarding the Adjustment of the Equity Structure of a Wholly-Owned Korean Subsidiary and Related Party Transactions," stating its intention to adjust the equity structure of its wholly-owned Korean subsidiary, Jaese Energy Co., Ltd., and to gradually sell the ternary cathode production capacity of Korea JS. This move aims to address challenges related to relevant uncertainties and enhance the company's core competitiveness for long-term participation in the North American lithium battery market, thereby avoiding significant idle overseas production capacity.

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