China securities regulator launches probe into Ningbo Ronbay over battery supply contract disclosure

China's regulator is investigating Ningbo Ronbay over alleged misleading statements about a major deal. The company says the contract value is an estimate.

Insights:
China CNCNsecurities regulators have initiated a regulatory probe into Ningbo Ronbay New Energy Technology regarding alleged misleading statements about a major battery materials supply contract. The investigation focuses on an announcement made on Tuesday, January 16, 2026, involving a deal with Contemporary Amperex Technology Co Ltd (CATL) valued at more than 120 billion yuan. This regulatory action was disclosed through a company filing to the Shanghai Stock Exchange.
A screen displays the logo of Contemporary Amperex Technology (CATL) during a listing ceremony at the Hong Kong Stock Exchange in Hong Kong, China, on May 20, 2025. REUTERS/Tyrone Siu/File Photo
A screen displays the logo of Contemporary Amperex Technology (CATL) during a listing ceremony at the Hong Kong Stock Exchange in Hong Kong, China, on May 20, 2025. REUTERS/Tyrone Siu/File Photo
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