Rongbai Technology (688005.SH) plans to invest in and construct the Xiangyang integrated project with an annual production capacity of 200,000 tons of sodium-ion battery cathode materials.

Zhitong Finance APP news, Ronbay Technology (688005.SH) announced that the company regards sodium-ion battery cathode materials as an important component of its platform-based strategy. On the basis of continuously advancing technology R&D, customer validation, and existing production line operations, the company is making coordinated arrangements for sodium-ion battery cathode material production bases in Xiantao and Xiangyang, gradually enhancing its large-scale manufacturing and delivery capabilities. The company previously invested in and built the Xiantao project. Building on the Xiantao layout, the company plans to invest in and construct the Xiangyang integrated project with an annual production capacity of 200,000 tons of sodium-ion battery cathode materials. At present, the projects in Xiantao and Xiangyang are planned to have a combined annual production capacity of 500,000 tons of sodium-ion battery cathode materials.