Ningbo Ronbay New Energy Technology Co.Ltd(688005) ( Ningbo Ronbay New Energy Technology Co.Ltd(688005) ) announced on March 8 that the company’s raw material supply is normal and the raw material inventory cycle is maintained within a reasonable range. The rise of metal nickel price will not affect the profitability of the company in the short term. In the long run, the supply of nickel metal is sufficient, and the short-term nickel price fluctuation will not affect the long-term development of the industry, nor the operation and development of the company. The company does not participate in nickel futures trading. At present, due to panic and speculation in the futures market, nickel prices have risen rapidly in the short term. In the long run, from the perspective of nickel supply and demand balance, the current high price state is unsustainable.
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