RongBa Technology 2024 Annual Performance Report: Turning losses into profits, with significant contributions from high-nickel ternary and manganese iron lithium materials

On February 15, RongBa Technology released its 2024 annual performance report, achieving full-year profitability, especially in the second half of the year. In the fourth quarter, the company achieved a net profit attributable to the parent company of approximately RMB 176 million, a month-on-month increase of more than 65%. This was mainly due to the initial success of the two major layouts of high-nickel ternary and manganese iron lithium materials, which helped the company turn losses into profits.