On February 6, 2026, Ronbay Technology made public that it had been issued a notice by the Ningbo Regulatory Bureau of the China Securities Regulatory Commission. The notice proposed a warning and a hefty fine of 4.5 million yuan for the company, due to alleged misleading statements found in its announcement regarding a significant contract signed with Contemporary Amperex Technology Co. Limited (CATL). This contract announcement was released on January 13, 2026. Furthermore, the notice proposed that Chairman Bai Houshan be fined 3 million yuan, and Board Secretary Yu Jiyun be fined 2 million yuan. Upon investigation, it was discovered that the announcement included several misleading statements. Specifically, it failed to accurately represent the total sales amount, purchase volume, supply period, and the preconditions for the buyer's performance as stipulated in the cooperation agreement.