Today (November 14th), at the Battery New Energy Industry International Summit Forum in China (Guangzhou), Ningbo Ronbay New Energy Technology's assistant to the chairman and vice president, Zhou Jiaxiang, stated that in recent years, based on the foundation formed in high nickel, ultra-high nickel ternary cathode materials, Ningbo Ronbay has gradually expanded into areas such as lithium iron phosphate manganese, sodium positive electrode materials, solid state battery materials, and precursor materials. In terms of the current main ternary cathode aspect, the company's global market share in the third quarter of 2024 increased by 4 percentage points to 14.4% compared to the previous quarter, maintaining its global leading position. In the first three quarters, the company's cumulative shipments to European, American, Japanese, and Korean customers were close to 0.015 million tons, with shipments of over 0.02 million tons of ultra-high nickel electrode materials of grade 9 and above. At the same time, the company is accelerating its global layout. In Europe, the company is carrying out European factory site selection layout through investment and acquisition. In the first half of 2024, the acquisition of JM Poland factory by the UK company was completed, and the initial project feasibility study has begun. In North America, the company has completed the registration of its North American subsidiary. The selection of the factory site in North America is steadily progressing. Multiple rounds of site selection have been completed, and successful negotiations have been held with key regional governments.