Founded in September 2014, RONBAY TECHNOLOGY is a Sino-Korean joint venture for professional research and business of cathode materials. It was established by Chinese and South Korean entrepreneurial teams with 20 years' experience. RONBAY TECHNOLOGY has several branches including Hubei Ronbay Lithium Battery Material Co., Ltd., Guizhou Ronbay Lithium Battery Material Co., Ltd., Beijing Ronbay New Energy Technology Co., Ltd., Ningbo Ronbay Lithium Battery Trading Co., Ltd. In China, JAESE Energy Co., Ltd. of Korea, Energy Material Technology Co., Ltd., and a joint stock company, Town Mining Resource Co., Ltd. in Korea.
In 2015, RONBAY TECHNOLOGY accomplished round A financing, and completed the development of the first generation of NCM811 in October.
In 2016, RONBAY TECHNOLOGY was certified as a high-tech company, successfully achieved batch production of the first generation of NCM811 and accomplished the development of the second and third generation of NCM811.
In 2017, RONBAY TECHNOLOGY completed the round B financing, and took the lead in achieving the large-scale production of NCM811 and high-voltage SC NCM622. It marks that RONBAY has become leader of high-nickel ternary cathode materials in China.
In 2018, RONBAY TECHNOLOGY carried out joint-stock transformation, completed the round C financing, and put new gereration of NCM811 into market. Therefore, RONBAY received orders from CATL and BYD.
Improved by continuous innovation, advanced quality control standard and high consistency mass production capacity, RONBAY TECHNOLOGY has become an important supplier of lithium battery giants such as CATL, BYD, LG CHEM, ATL and Lishen battery.
RONBAY TECHNOLOGY has strong scientific research ability. It owned four professional research centers and engineering institute. The R&D team has over 300 employees spreading over Beijing, Zhejiang, Hubei, Guizhou and South Korea. With a number of invention patents and practical new patents, this team has overcome a series of core technical difficulties, and launched SC-NCM523, SC-NCM622, a series of generations of high-nickel NCM811 and NCA. RONBAY has cooperated with various customers at home and abroad to develop new types of high-energy density power battery.
"Free thought, independent will and scientific rationality" is the foundation of human creativity and imagination. There are eight tools formed by RONBAY to rapidly improve the innovation capacity. These tools are: strategic operation, product innovation, continuous improvement, industry 4.0, amoeba operation, global integration, integration of industry and finance, and business partnership plan.
RONBAY TECHNOLOGY attaches importance to the excavation of human resources and the cultivation of talents. Meanwhile it pays attention to teamwork and collective struggle. Moreover, through the business partnership plan, more and more employees form a multicultural and international team and benefit from the company's achievement.
As a modern company on STAR-Market, RONBAY TECHNOLOGY has been contributing more advanced green energy materials to the world, and been creating a better life for mankind.
|Full name||Ningbo Ronbay New Energy Technology Co., Ltd.|
|Domicile||Ningbo City, Zhejiang Province, China|
|STAR Theme||New Energy|
|Has weighted voting rights structure?||No|
|Earnings Per Share||0.56||N/A||N/A|
|R&D expenditure as a % of operating revenue||3.94%||4.10%||3.59%|
|Total Owners' Equity||3,131||1,541||240|
|Net Cash Flows-Operating||-543||-638||-63|
|Net Cash Flows-Investing||-870||-310||-128|
|Net Cash Flows-Financing||1,428||1,003||165|
|Name||No. of Shares Held (mn)||% of Shares Held|
|ShangHai Ronbay New Energy Investment Management Partnership (L.P.)||129.00||32.39%|
|Gongqing City Rongcheng Investment Management Partnership (L.P.)||17.68||4.44%|
|Sunshine Property and Casualty Insurance Company Limited||15.63||3.93%|
|Tianjin Century GSR Equity Investment Fund LLP||15.63||3.93%|
|Hubei Yangtze NIO New Energy Development industry Fund(L.P.)||14.95||3.76%|
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