[Ronbay Technology Signs Cooperation Agreement with CATL, Which Commits to Procure No Less Than 60% of Its Total Procurement Volume] Ronbay Technology announced that it has signed a Cooperation Agreement with CATL, under which CATL will designate Ronbay as its primary supplier of sodium-ion battery cathode powder. According to the agreement, CATL commits to procuring no less than 60% of its total procurement volume annually. If the annual procurement volume reaches 500,000 mt or more, Ronbay Technology will offer more favorable pricing through cost reductions. The signing of this agreement is expected to have a positive impact on the company's future operating performance. At the same time, there may be risks during the fulfillment of the agreement that it cannot be executed as scheduled or in full. The signing of this cooperation agreement aims to further leverage the respective expertise and resource advantages of the parties in the industrial sector, striving to build a safer and lower-carbon new energy battery industry ecosystem. The two parties will establish cooperation in areas such as strategic goal alignment, long-term product supply, and new product development.
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