Houshan BAI, president of Ronbay Materials Technology Stock Co.,Ltd and vice chairman of CBHA, gave a speech first on the annual meeting
Xianglie LIU, president of Ningbo Ronbay Lithium Battery Materials Co.,Ltd, made 2016 work summary and released the 2017 strategy.
In the evening of January 12, Ronbay Lithium Battery Materials Co.,Ltd held its 2017 annual meeting in Yuyao, Ningbo, with the theme of “ together to create future”. Chairman Houshan BAI and president Xianglie LIU, vice president Jiaxiang ZHOU, as well as representatives of more than 40 industrial chain entrepreneurs attended the annual meeting. President of CBHA Qingjiao YU was invited to attend. In addition, nearly 300 senior executives and staff from the company, including Ningbo Jinhe Lithium Battery Materials Co.,Ltd, which is a subsidiary of Ronbay Materials, attended the annual meeting and gave a wonderful performance.
President Bai introduced that in 2016, the sales of annuity and lithium battery ternary material will exceed 1 billion yuan, and the 2017 target will reach 2 billion yuan, which will be the first in China and the top four in the world. In the 3C digital market, the material technology reaches the international advanced, the power battery market, strives for the first domestic, the material mass enters the energy storage market. Xianglie LIU introduced that in 2016, China's domestic ternary material industry sold 5,4300 tons, an increase of 78% year-on-year, and the global demand for ternary material is expected to reach 300,000 tons by 2020. In the next decade, lithium battery market will continue to grow rapidly, with annual compound growth rate of more than 30%. Demand growth in electric vehicles and energy storage markets will boost the rapid growth of lithium batteries.
It is reported that the 100, 000 tons of cathode material factory, which is invested and built by Ronbay Material Technology Stock Co.,Ltd, has begun construction. The first phase of the project is expected to be put into production before the end of the year. Shanhou Bai said that the company will enter the capital market around 2018.
The date shows that Ronbay Holding is an investment holding company that specializes in Mergers and acquisitions and industry consolidation. Through economic analysis, we find a niche that still has the potential of development and concentration; Through in-depth study, determine the future direction of the industry, business model and the best combination of mergers and acquisitions; Then the industry carries on the merger and integration. The post-investment value of the creation includes the consolidation and improvement of the acquired enterprises, as well as the merger and absorption between enterprises, so that resources can be optimized to create value. Ronbay Holding has two successful start-up company in China and South Korea, which have he ability to grasp the direction of the industry segment, for medium and small enterprises to carry out the strategy consulting, help enterprises to improve management, the transformation is an innovative, international enterprise, promotes the niche business enterprise merger between absorption.
At present, Ronbay has 7 holding subsidiaries, including Beijing Ronbay New Energy Investment Management Co.,Ltd, Zaishi Energy Stock Company, Shanghai Ronbay New Energy Investment Enterprise （ limited partnership）, Ningbo Ronbay Lithium Battery Materials Co.,Ltd, Hubei Ronbay Lithium Battery Materials Co.,Ltd, EMT stock company (South Korea) and TMR stock (South Korea).
