BRIEF-Ronbay New Energy Responds To Shanghai Stock Exchange Inquiry Over Contract With <a href="https://laohu8.com/S/300750">CATL</a> Jan 18 (Reuters) - Ningbo Ronbay New Energy Technology Co Ltd 688005.SS:
RESPONDS TO SHANGHAI STOCK EXCHANGE INQUIRY OVER CONTRACT WITH CATL
SAYS TOTAL CONTRACT AMOUNT ESTIMATED BY CO, SALES AMOUNT UNCERTAIN
SAYS IT EXPECTS AROUND 8.7 BILLION YUAN ($1.25 billion) IN CAPITAL EXPENDITURES TO MEET REQUIREMENTS OF CONTRACT IN NEXT THREE YEARS
SAYS IT PLANS TO MEET CAPITAL REQUIREMENTS VIA BANK LOANS, OWN FUNDS, OTHER MEANS
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Further company coverage: 688005.SS
($1 = 6.9681 Chinese yuan renminbi)
(Reporting by Beijing Newsroom)
((Ethan.Wang@thomsonreuters.com;))
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