Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Misleading '120 billion yuan order with CATL' announcement draws penalty
In January 2026, Ronbay Technology announced a contract with CATL with 'total sales exceeding 120 billion yuan,' but the agreement did not set a total amount; the procurement volume was only more than 70% of the forecast value, and the validity period and preconditions for performance were not truthfully disclosed. The Ningbo Securities Regulatory Bureau warned and fined the company, chairman Bai Houshan, and board secretary Yu Jiyun, totaling about 9.5 million yuan.