Sodium-ion Battery and LFP Battery Export: Ronbay's European Base Layout Includes 100,000 Tons of Phosphate and 50,000 Tons of Sodium-ion Battery Production Capacity" Ronbay Technology is accelerating its production capacity layout in Europe, marking significant progress in its globalization strategy. Recently, JS Europe, a wholly-owned subsidiary of Ronbay Technology, successfully completed the asset acquisition and delivery of Polish JM Company. Phase I of the Ronbay Poland project is planned to kick off construction works in the second half of 2024, with equipment procurement and installation targeted for completion in 2025, and official commissioning expected in early 2026. Upon completion and reaching full production capacity, the project will add 20,000 tons/year of NCM cathode material production capacity, with an estimated annual output value exceeding RMB 3.8 billion. Furthermore, the overall planning of Ronbay's European base will encompass 105,000 tons of NCM cathode material, 100,000 tons of phosphate, and 50,000 tons of sodium-ion battery production capacity. Additionally, the base will include precursor and recycling industries, with a projected total investment exceeding RMB 16 billion in the future.