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环球热消息:容百科技: 2022年环境、社会及企业管治报告(英文版)

时间:2023-05-03 17:08:53 来源:证券之星 分享至:

Environment, Social Responsibility

& Governance Report

Stock code: 688005.SH


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                 Ningbo Ronbay New Energy Technology Co., Ltd.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                       About the Report

Contents                                                           About the Report

     About the Report                                         03

                                                                    Overview

     Message from the Chairman                                04

                                                                    This report is the second “Environment, Social Responsibility & Governance Report” (hereinafter

                                                                    referred to as the ESG report) issued by Ningbo Ronbay New Energy Technology Co., Ltd., to

                                                                    disclose the corporation’s management, practice and performance in economy, environment,

                                                                    social responsibility and governance to all stakeholders.

                                                                    Compiling Basis of the Report

                                                                    Listed Companies in Shanghai Stock Exchange - Standard Operation”.

                                                                    Access and Response to this Report

     Appendix 1 Chronicle of Events in 2022                   70    The views of stakeholders are valued by us. All readers are welcomed to contact us through the

                                                                    following contact information. Your opinions will help us further perfect this report and improve our

     Appendix 2 Honors and Awards                             71

                                                                    ESG performance.

     Appendix 3 Key Performance LIst                          72    Email: ir@ronbaymat.com

     Appendix 4 GRI Standards Index                           76    Tel: 0574-62730998

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                                                                   Message from the Chairman

Message from the Chairman                                                                                                                                                                        chairman of the board

                                                                                                                                                                                                          Bai Houshan

successful deployment of Ronbay. Thanks to the hard work        strategy, our main industry is positive electrode material,                                                                           our salary system, focused on the reform of our four-level

of all management staff and coworkers, our performance          including precursor. The engineering design, engineering        Our business architecture background with structural and              partnership shareholding system, which will enable our

has witnessed a significant growth, as our high-nickel sales    equipment business, trading, investment and fund-raising        trend development opportunities is not only reflected in our          management staff and employees to hold shares of the

has grown 70% year on year and our profit has grown about       have been carried out to strengthen our core industry. We       deployment in the industry, but also reflected in our overall         company from different levels. Meanwhile, on the basis of

develop at a faster speed in the coming three years.            industry and invest in upstream industries like metallurgy      South Korea to other overseas regions. Seen from high-                fruits of organization and personnel issues and corporate

                                                                and mining industry to enter quality projects and share the     nickel material, though currently the permeability of new             structure in the new year, we will reform our organization

constantly perfect our “New Integration Strategy”. We           we successively invested in Liqin Resources and Korean          high-nickel material still has not occupied a big proportion.         system, R&D system and delivery system, establish a great

made a comprehensive deployment for our New Integration         recycling enterprise JYT Inc. and established a stock equity    With the improvement of domestic battery technology                   and solid triangle around customers at the corporation level

Strategy in Hubei. In early 2022, we signed a package of        fund with a scale up to RMB 2.65 billion.                       and upgrade of domestic consumption, the shares of high-              and build a strong top management to manage the three

strategic cooperation projects with Hubei in Xiantao such                                                                       nickel in the medium and high-rank markets of China will              systems respectively. This will allow us to further realize

as the construction of a 400,000-ton positive electrode         Ronbay is a comprehensive supplier and an industrial leader     further increase. In the European market, last year the               our integrated operation on the basis of our Business Unit,

material produc tion base in Xiantao, a new energy              of positive electrode material covering all markets, ranked     permeability of new energy vehicles was less than 20%. In             strengthen our integrated operation so that the company

demonstration base, a headquarters in central China, a          first in global sales of ternary positive electrode material,   the Northern America market, especially in the US, currently          can be more united, agile and powerful to fulfill our market

Research Institute of New Energy Technology, an Academy         achieving a large-scale volume production of LMFP within        the permeability of new energy vehicles is less than 10%.             goals and become a true industrial leader in the world.

of Ronbay, a production capacity foundation and a stock         the shortest time and taking the lead in sodium battery.        Therefore, for Ronbay, the two markets also present a great

equity fund, which were a further upgrade of the model          In 2022, our total production capacity of ternary materials     space for growth. Our plant in South Korea is highly unique           A new year is coming. In 2023, the thematic character

of “implementation of projects plus industrial funds”. The      reached 250,000 tons, taking the lead globally in production    and rare. We will rapidly expand its annual production                chosen by Ronbay is “合”, meaning “together, cooperation

signing and launch of these agreements and projects             capacity and sales volume. Our global market share of           capacity to 100,000 tons in about two years, so as to better          and unity”. Now, Ronbay is ready to exert its force. We

in Hubei represented our upgrade from the traditional           high-nickel reached about 20%, ranked first in the world.       serve our overseas business.                                          will seize the opportunity of the structuring trend of the

integrated competition to a systematic competition in terms     So far, our shipment of LMFP has neared a thousand tons,                                                                              battery positive electrode material industry and work hard

of industrial chain competition, which was a breakthrough       our shipment of sodium battery positive electrode has           In the past years, we have developed our New Integration              to become a true industrial leader in all aspects in the word.

achieved by us in our business model.                           reached tens of tons, taking the lead in the industry for our   Strategy. In order to coordinate our New Integration                  We will adhere to the vision of “establishing a new energy

                                                                commercialization progress. The application fields of high-     Strategy, we have launched reforms based on our platform              industrial cluster with first-class innovation ability and high

In 2022, we invested to acquire Tianjin Skyland Technology,     nickel ternary materials, LMF materials and sodium battery      and corporation. In the first half of 2022, we established and        commercial civilization” and try to develop the new energy

a leading company in the business of LMFP, which was            materials cover high, medium and low-rank power, small          solidified our business management hub centered around                industry, improve the living environment of the humankind,

another M&A practice of Ronbay, meaning that we really          power, energy storage and digital markets. Our industrial       our chairman’s office and linked up the whole company with            open up a bright future for the company and employees and

began to take the second step “running an industry well”        deployment covering all markets will present us with a wider    our “5+6+7” process system so that the whole company                  pay back to the society.

     Thriving and robust with

                                 Ningbo Ronbay New Energy Technology Co., Ltd. is a                                                             material in Xiantao and invested to build our central

                                 transnational corporation in the high-tech new energy                                                          China headquarters and research institute of new energy

                                 material industry, which is mainly engaged in the R&D,                                                         technology in Wuhan.

     a successful deployment

                                 production and sales of high-energy-density lithium

                                 battery positive electrode material and its precursor.                                                         In foreign land, we deployed an industrial chain of waste

                                 During 2022, the company achieved a transformation and                                                         recycling, precursor and positive electrode in South

                                 upgrade from a high-nickel leader to a comprehensive                                                           Korea, and built an annual positive electrode production

                                 markets.                                                                                                       is the first production capacity project of high-nickel

                                                                                                                                                positive electrode built by a Chinese enterprise abroad,

                                 In China, the company has invested to deploy and build                                                         and our first leg in our global deployment. In the future,

                                 production bases in provinces such as Zhejiang, Hubei                                                          we will continue to expand to Japan, Europe, America

                                 and Guizhou. During 2022, we accelerated our integrated                                                        and Southeast Asia, further increase our market share

                                 industrial deployment in Hubei, invested to build the                                                          and enhance our competitiveness.

                                 globally largest production base of positive electrode

                                                                                        Beijing headquarters (global headquarters)                                                                    The US

                                                                                                                                                                                                      Positive electrode manufacture base

                                                                                        Ronbay headquarters

                                                                                                                                                               South Korea                            Branch institute

                                                                                        S t r a t e g y, i n d u s t r i a l i n v e s t m e n t ,

                                                                                        consulting                                                             JS Holdings

                                Europe                                                  Middle-ground institution and other                                    EMT Materials

                                                                                        modules                                                                TMR Renewable

                                Positive electrode manufacture base

                                and branch institute                                                                                                           Chungju Precursor

                                Precursor manufac ture base and                                                                                                Chungju Positive Electrode

                                branch institute

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                                                              Wuhan, Hubei                                                                            Yuyao headquarters

                                                              Positive electrode business                                                             Listed company headquarters

                                                              headquarters                             Southeast Asia base                            Ronbay History Museum

                                        African office

                                                              Positive electrode R&D center                                                           C e nt ra l re s e a rc h in s ti t u te

                                                                                                       Southeast Asia precursor

                                                              Engineering company                                                                     headquarters

                                                                                                       manufacture base

                                                              Xiantao                                                                                 Precursor business

                                                              Xiantao positive elec trode                                                             headquarters                                                       South America office

                                                              manufacture base                                                                        Precursor manufacture base

                                                              Ronbay Academy                                                                          I n c u b a t i o n , re c yc l i n g a n d

                                                                                                                                                      metallurgy

                                                              Ezhou

                                                              Ezhou positive electrode                                                                Shanghai

                                                              manufacture base                                                                        Central research institute

                                                                                                                                                      Tr a d e a n d s e c u r i t i e s

                                                              Guizhou

                                                                                                                                                      headquarters                                               Settled

                                                              Southwest China positive

                                                                                                                                                      Business department office                                 Short-term planning

                                                              electrode manufacture base

                                                                                                                                                                                                                 Long-term planning

                                                                                                    Ronbay"s global deployment planning

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                    Established in 2014, Ronbay has developed for more                management ability and continuously incubate new

                                                                                                                                    than a decade. Nowadays, we are self-positioned as an             industries with the aid of institutions such as investment

                                                                                                                                    investment and management, we are in pursuit of                   development. Meanwhile, we have also clearly realized

Assuming the mission of “developing the new energy industry, improving the humankind’s living environment, creating                 sustainable development by insisting on investment and            that our business model will keep developing. Therefore,

a bright future for the company and employees and paying back to the society” and the vision of “establishing a new                 incubation of new industries. In 2016, we put forward             we have creatively put for ward our six-generation

energy industrial cluster with first-class innovation ability and high commercial civilization”, we aim to become a great           the “ three-step” strategy, with an ultimate aim to               business model on the basis of realizing convergent

company, create commercial values constantly and create a wonderful future for the humankind.                                       “completely replace petrochemical energy and realize a            entrepreneurship, namely “New Integration Strategy”.

                                                                                                                                    sustainable development for humankind”. Now we have

                                                                                                                                    already finished the first step, running an enterprise

                                                                                                                                                                                                                      Ultimate goal:

                                                                                                                                    well, and are now on the way to fight for the second

                                                                                                                                                                                                                  To completely replace petrochemical energy

                                                                                                                                    step, running an industry (new energy material industrial

                                                                                                                                                                                                                  and realize a sustainable development for humankind

                                                                                                                                    cluster) well. During this period, we will improve our

                                                                                                                                                                                                                         To develop new energy industrial clusters well

                                                                                                                                                                                        To develop an industry well

                                                                                                                                                                                                                                      Third step

                                                                                                                                                                                        (New energy material

                                                                                                                                                                                        industry cluster)

                                                                                                                                    To run an enterprise well

                                                                                                                                                                                        Second step

                                                                                                                                    (Ronbay landed on science and technology

                                                                                                                                    innovation board in July 2019)

                                                                                                                                                                                                    New Integration: To be the strongest and work with the

                                                                                                                                                        First step

     We’ve adhered to the operation policy of                        VALUES                                                                                                                         strongest on the basis of coexistence and blend

     “putting customers at the first position”,

                                                              Mindset                                                                                                                                                                   Sustainable operation

     t he s tr ivin g spir it of at te nti ve n e s s ,

     independence, responsibility and                         Scientific, rational, learning-oriented, innovative, big-picture,

     pioneering. Through constant training                    systematic

     and cultivation, we aim to make our

                                                              Behavior patterns

     employees develop a scientific, rational

                                                              Self-conduct: optimism, honesty, modesty, courage, resilience,

     and systematic mindset based on

                                                              glory and dream

     learning and a big picture and advocate

     an optimistic, honest, resilient, glorious               Co-existence: respect, trust, gratitude, blend, sharing, service,     Adhering to the concept of “being the strongest and               and organization”, rising from a vision of industrial

     behavior pattern in pursuit of our dream.                support, coordination, win-win cooperation and spirit of contract     working with the strongest on the basis of coexistence            operation to an extremely focused systematic vision.

     We’ve always taken innovation as our                                                                                           and blend”, the “New Integration Strategy” combines               Relying on our strength in science and technology

                                                              Work: customer-orientation, attentiveness, independence,

     impetus and aimed to become a globally                                                                                         industrial operation and investment management                    industry operation and professional investment capacity,

                                                              responsibility, pioneering, working ahead of schedule, putting self

     leading company of advanced material                                                                                           and shows seven characteristics, “professionalism,                we will pool resources to build a new business model and

                                                              later, progress before perfection, earnestness, comprehensive

     technology.                                                                                                                    integration, platform, ecology, digitization, globalization       high-dimension competitiveness.

                                                              study, perfection seeking, enjoying the work.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                 “Integration” - Integrated Industrial Layout in Hubei

New Integration Strategy

                                                                                 From the commencement of construction of the positive electrode base                                                                 and engineering equipment company. The scale of our battery triangle fund

“To be the strongest and work with the strongest based on

                                                                                 in Xiantao to the signing of a package of agreements in Hubei, we are                                                                has reached RMB 2.65 billion. In this way, we fully boost the integration of the

co-existence and blend”                                                          comprehensively planning our industrial layout in Hubei including a new energy                                                       triangle circular industrial chain and achieve win-win results among strategy,

                                                                                 demonstration base, a positive electrode base, the Academy of Ronbay,                                                                industry, capital, government and the public benefits.

                                                                                 central China headquarters, Research Institute of New Energy Technology

       industry-finance combination and investment integration were                                                                 Wu Han (Central China headquarters)

                                                                                                                                   •Positive electrode business headquarters

       carried on as an important foundation for the realization of New                                                            •Research institute

                                                                                                                                   •Engineering business headquarters

       Integration.                                                                                                                •Stock equity fund

                                                                                                  Xian Tao

       investment was expanded in all aspects to boost the triangular cycle

                                                                                                  •Positive electrode

       of our industrial chain integration.                                                         manufacture base

                                                                                                                                                鄂州

                                                                                                  •Industry fund

                                                                                                                                   仙桃

                                                                                                  •Scientific research fund                                 E Zhou

                                                                                                  •Engineering equipment                                   •Positive electrode

                                                                                                    company

                                                                                                  •Recycling                                               •Industry fund

       foothold of New Integration, it was an important way to support our                        •N ew energy carbon fixation

                                                                                                  •Ronbay Academy

       core business and integrated operations.

       empowered based on the characteristics of the era and industrial          “Digitization” - “Information, digitization and intelligence” advance side by side

       trend.

                                                                                 We are accelerating the planning of our digital transformation

                                                                                 and taking every step firmly from overall planning to deployment

                                                                                                                                                                                                                                  National benchmark intelligent factory

                                                                                 and implementation. By means of “information, digitization                         Digital management

       it gave full play to our innovation vitality and self-evolving capacity   and intelligence”, we plan to take the lead the industry in five

       and achieved integration with society and coordinated progress with       years. During the reporting period, we have released 14 digital                                                                                                              Coordinated optimization and control

                                                                                                                                                                                                                                                            platform for the whole production process                          Operation safety

       the industry.                                                             operation empowering projects including the construction of                               Intelligent park

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                                                                                                                                                                                                                      Comprehensive intelligent

                                                                                                                                                                         management platform                          decision-making platform

                                                                                 customer relations management system, the construction of

       embraced the wisdom of different civilizations to build a globalized      of logistics management system. Throughout the year, we                                                                         Intelligent office                                                         Intelligent transport

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                                                                                                                                                                                                                                                                                                                                                                                    Intelligent environment

                                                                                                                                                                                                                                                                                            and logistics                                     Intelligent production

                                                                                                                                                                                                                 •Intelligent conference

                                                                                                                                                                                                                                                                                                                                              scheduling                            protection

                                                                                                                                                                                                                   room

       enterprise.                                                               undertook a total of 1,676 basic operation and maintenance                       Convenient

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                                                                                                                                                                                                                 •Mobile office

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                                                                                                                                                                                                                                                                                           •Fleet management digitization

                                                                                                                                                                                                                                                                                           •Online reservation of transport

                                                                                                                                                                                                                                                                                                                                              •Automatic generation of

                                                                                                                                                                                                                                                                                                                                                production plans

                                                                                                                                                                                                                                                                                                                                                                                    •Environment safety digital

                                                                                                                                                                                                                                                                                                                                                                                      management in the whole process

                                                                                                                                                                  •Face recognition         General                                                 •Accurate marketing

                                                                                                                                                                                                                                                                                           •Intelligent handling system                      •Automatic breakup and               •Warning of dangerous areas

                                                                                                                                                                                             management                                                                                    •Optimization of transport                                                              •Intelligent emergency handling

                                                                                 service projects of information technology, with a satisfaction                  •Induction attendance                                                               digitization                                                                             conveying of production plans

                                                                                                                                                                    check                   •Intelligent operation                                                                          route                                            •Automatic update and                •Personnel positioning, area

                                                                                                                                                                                                                                                     •Sales prediction                                                                                                               management

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                                                                                                                                                                                                                                                                                                                                                                                    •Vehicle positioning

                                                                                                                                                                                            •Unified management                        Clients      •Product tracing

                                                                                                                                                                                                                                                                                                            Intelligent scheduling •Automatic            warning for tracking

                                                                                 degree of 100%. In terms of customer management, we have                         Logistics

                                                                                                                                                                  coordination

                                                                                                                                                                                                                                                       digitization

                                                                                                                                                                                                                                                     Intelligent

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                                                                                                                                                                                                                                                                                                             and coordination balance

                                                                                                                                                                                                                                                                                                                                                deviation

                                                                                                                                                                                                                                                                                                                                                           Intelligent process

                                                                                                                                                                                                         management

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                                                                                 linked up the information flow at the sales end and achieved a                    for admission                                                                     •Automatic AGV forklift                                scheduling scheme                               technology statements

                                                                                                                                                                 •Departure after                                                                   •Real-time accurate                                  •Rule-based automatic driving                  •Intelligent statistics of process •Intelligent analysis and

                                                                                                                                                                                                         •Source RFID                                                                                                                                       parameter qualification rate            bottleneck diagnosis

       the key precondition of our platform, we perfected our organizational                                                                                       handling

                                                                                                                                                                 •Over-time alert

                                                                                                                                                                                     Logistics

                                                                                                                                                                                                         •Intelligent road

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                                                                                                                                                                                                                                                       positioning of cargo

                                                                                                                                                                                                                                                     •Automatic sorting of

                                                                                                                                                                                                                                                                                     Intelligent

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                                                                                                                                                                                                                                                                                                             business flow                                 •Dynamic management of                 •Big data analysis equipment

                                                                                                                                                                                                                                                                                                                                                                                                     efficiency

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                                                                                                                                                                                     coordination

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                                                                                                                                                                                                           operation                                                                                                                                                                                 with energy consumption big

                                                                                                                                                                                                                                                                                     •All-round online real-time Intelligent control                        important    process   parameters

       management system to provide a driving force for our innovation and                                                                                                           •Appointment

                                                                                                                                                                                       for admission                  Intelligent emergency

                                                                                                                                                                                                                                                    Digital

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                                                                                                                                                                                                                                                                                       monitoring                    •ARC advanced control

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                                                                                                                                                                                       handling

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                                                                                                                                                                                                                                                                                     •Predictive maintenance

                                                                                                                                                                                                                                                                                     •Automatic generation

                                                                                                                                                                                                                                                                                                                     •RTO real-time priority

                                                                                                                                                                                                                                                                                                                     •Self-adaptation, self-

                                                                                                                                                                                                                                                                                                                                                                    Digital quality                  model

       development.                                                                                                                                                                  •Over-time alert                •Integrated logistics

                                                                                                                                                                                                                      •Unified scheduling

                                                                                                                                                                                                                                                      procurement

                                                                                                                                                                                                                                                    •Delivery tracking of

                                                                                                                                                                                                                                                                                       of inspection and

                                                                                                                                                                                                                                                                                       maintenance plans

                                                                                                                                                                                                                                                                                                                       learning and self-

                                                                                                                                                                                                                                                                                                                       adjustment

                                                                                                                                                                                                                                                                                                                                                                    •Intelligent quality inspection and

                                                                                                                                                                                                                                                                                                                                                                      analysis

                                                                                 achieved an efficient coordination in business.                                    Employees

                                                                                                                                                                                                                      •Decision-making aid

                                                                                                                                                                                                                      •Peacetime and combat

                                                                                                                                                                                                                                                      suppliers

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                                                                                                                                                                                                                                                      transformation

                                                                                                                                                                                                                                                                                     •Automatic trigger of

                                                                                                                                                                                                                                                                                       procurement demands

                                                                                                                                                                                                                                                                                     •Digital twin of equipment

                                                                                                                                                                                                                                                                                                                                                                    •Whole-process control quality

                                                                                                                                                                                                                                                                                                                                                                      tracing                                              Costs

                                                                                                                                                                                                                        combination

                                                                                                                                                                                               Intelligent park                                                                                                   Intelligent production

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

      “Ecology” - Coordinated Strategic Cooperation between Upstream and Downstream                                                 “Globalization” - the construction of the plant in South Korea

      Fully unleashing its ecological advantage in pursuing                                                                         During the reporting period, our lithium battery positive          interaction with our Japanese and Korean clients and

      coordinated progress between the enterprise and the                                                                           electrode material project in Chungju of South Korea               cover the European, American and Southeast Asia

      industry, the company has successively signed a strategic                                                                     was completed and put into production. The unleash                 markets, serve global clients and the overseas plants of

      cooperation agreement with new energy enterprises                                                                             of its production capacity will promote our strategic              Chinese clients and truly create a global layout.

      such as Huayou, GEM and Welion. In 2022, the proportion

      of long-term agreements increased significantly, which

      further developed an industrial chain of high-nickel ternary

      material that was stable and more competitive in cost. In

      addition, we signed a cornerstone investment agreement

      with Liqin Resource and became a cornerstone investor

      for its IPO in Hong Kong Stock to further deploy upstream

      resources.

      “Professionalism” - upgraded to be a comprehensive positive electrode material supplier

      covering all markets

      On July 20, 2022, Ronbay Technology held a strategy            position in the industry in the development of sodium

      release event of 2022 in Yibin, Sichuan, announcing to         battery positive electrode material. In the face of the

      advance from a high-nickel leader to a comprehensive           dynamic power, energy storage and 3C markets, the

      positive elec trode material supplier covering all             company will enrich its product structure and achieve

      markets. While continuously strengthening our new              a full coverage of the markets by producing positive

      technology reserve in positive electrode material and          elec trode materials such as high-nickel ternar y

      volume production capacity in advanced materials,              material, LMFP material and sodium battery material,                    Capping of Phase 1-2 plants of our lithium battery positive electrode material project in Chungju of South Korea

      we historically entered the industry of LMFP, finished         and continuously develop towards diverse and co-

      the acquisition of Tianjin Skyland and gained a leading        thriving innovation platform.

                                                                                                                                           The New Integration Strategy represents the future. We are fully aware that other than the abilities

                                                                                                                                           to innovate and progress, we must fully blend with the industry, society and nature so as to keep

                                                                                                                                           evolving and achieve sustainable development. In the future, we will continue to shoulder our

                                                                                                                                           responsibility in seeking sustainable development as a globally leading new energy enterprise, try

                                                                                                                                           to build a globally leading new energy industry cluster, improve the humankind’s living environment

                                                                                                                                           and pay back to the society.

                                                                                The strategy release event held in Yibin, Sichuan

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

Sustainable                                                                                                                            Three-step strategy’s ultimate goal

Development Strategy                                                                                                   To completely replace petrochemical energy and realize a sustainable

Under the guidance of the New                                                                                                              development for humankind

I n t e g r a t i o n S t r a t e g y, w e h a v e

es tablished relations of mutual

benefit, co-existence and blend

                                                               Sustainable development concept: to achieve green and cyclic development and make social contributions through compliant and efficient

with the nature, industry, society                                                                      governance and win-win innovation and coordination

and humanity. Around our strategic

goal of “completely replacing fossil

energy and realizing sustainable                                           Industrial                                             Green Development                                       Caring about                                           Fulfilling

development of the humans”, we                                         Leadership Driven                                              to Improve                                        Employees, Ushering                                   Responsibility to

have confirmed our sustainable

                                                                         by Innovation                                               Environment                                           in the Future                                     Repay the Society

development strategy: with

re sp o n sib l e g ove r na n c e a s o ur

foun dation, we will so lidif y our

management foundation to ensure                                                Industry                                                       Nature                                              Culture                                             Society

our strategy is fulfilled; depending

                                                              W h i l e d e e p e n i n g o u r h i g h - n i c ke l       Adhering to the concept of “achieving                    We regarded employees as our                   We were actively exploring innovative

on our four pillars, namely leading

                                                              advantage, we explored and pursued                           s u s t ai n a b l e d eve l o p m e n t t h r o u g h   partners, created a fair and impartial         social involvement models and

the industry’s green development,                                                                                          energy saving and carbon emission

                                                              breakthroughs in advanced material                                                                                    employment environment to guarantee            were committed to building a social

im p rovin g t h e h u m a n k in d ’s                                                                                     reduction”, we actively implemented

                                                              R & D a n d t e c h n o l o g y, c o n s t a n t l y                                                                  their health and safety, and promoted          ecosystem of mutual coexistence and

living environment, ushering in                                                                                            the governance action against climate

                                                              upgraded product quality and improved                                                                                 the common growth between                      blend and joining hands with all quarters

a bright future for the company                                                                                            changes, s triving to develop clean

                                                              o u r c u s to m e r s e r v i c e. A ro u n d o u r                                                                  employees and the company through              of society to create good community

and employees and paying back                                                                                              energy use, build carbon-neutrality

                                                              “battery triangle strategy”, we tried to                     factories and boost energy saving and                    partnership mechanism, guaranteeing            r e l a t i o n s , p r o m o te p u b l i c b e n e f i t

to the society, we will blend our

                                                              develop an innovative and green cyclic                       emission reduction. We also focused                      employees’ rights and benefits, training,      activities and try our best to repay the

sustainable development concept

                                                              in dus trial c hain, s treng thene d our                     on such busines s f ie l ds as bat ter y                 communication and care.                        society.

in the company’s daily operations,                                                                                         disassembly, recycling and cascade

                                                              cooperation with strategic partners to

solidly advance every task of ESG to                                                                                       utilization to develop an “ecological”

                                                              boost the low-carbon transformation of

ensure that the company achieves                                                                                           cyclic industrial chain.

                                                              the industry.

sustainable operation and boost

global sustainable development.

                                                                                                                                          Standard Governance and Outstanding Operation

                                                                                 Standard corporate governance                                        Building a clean business environment                             Comprehensive risk management

                                                                 We promoted the organizational reform of the three systems “market, R&D and delivery” to effectively

                                                                 enhance the professional capability of each module and the collaboration between systems.

     Standard Governance and                                     We launched the “Swan Action” and “Eagle Action” management reforms, set up and perfected the

                                                                 “5+6+7” operation system, and perfected the “PMO team” and “six-member” cross-organizational

                                                                 work coordination mechanism. [remark]

     Outstanding Operation                     Strict Risk Control

                                                                 We improved and perfected the comprehensive risk control system within the company, strengthened

                                                                 the risk prevention and control mechanism characterized by “risk control before an operation, risk

                                                                 supervision during an operation and risk audit after an operation”.

                                                                 center was running based on an entity.

                                                                 We promoted and implemented the clean practice system and regulated the incorruption

                                                                 management.

                                                                 The signing rate of “a letter of commitment of employees on clean practice” and the coverage rate of

                                                                 business ethics training for new employees both reached 100%.

                                                 Remark: For the meanings of “Swan Action”, “Eagle Action”, “5+6+7” system, “PMO team”, “six-member”, please refer to Section 2.2.2.

                                              Governance is the core and foundation of a great company.                      shareholders’ benefits. On this basis, we kept exploring

                                              In accordance with our “New Integration Strategy”, we strictly                 new governance mechanisms, promoting the corporation

                                              observed the operation principle of compliant governance                       reform, and launching innovation from three aspects, namely

                                              and the concept of “prevention in advance”, continuously                       organizational framework, operation management and

                                              perfected the incorruption mechanism, strengthened                             coordination mechanism to further enhance the corporation’s

                                              our information security management mechanism and                              coordinated operation capacity, improve our “organization,

                                              built a comprehensive risk control system. Through                             platform and professionalism” and lay a solid foundation for

                                              compliant and efficient management, we improved our                            our stable development.

                                              business value and stability and further safeguarded the

                                              Management

                                              All the time, we have actively practiced the sustainable development philosophy of “seeking green and cyclic

                                              development and making more contributions to society through compliant and efficient governance and win-win

                                              innovation and cooperation”, continuously strengthened the communication among all stakeholders, promote each task

                                              of ESG management to enhance the company’s “ecology” and boost the company’s sustainable operation and global

                                              sustainable development.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

In order to practice our sustainable development philosophy and promote the deep blend of our sustainable                                                                                                              Risk prevention and control

development philosophy with our daily operations, we have formulated a “Sustainable Development Policy” and the                                                                                                        Incorruption management

                                                                                                                                                                        Shareholders’ meeting

                                                                                                                                                                                                                       Health and safety of employees

construction goals of sustainable development system, further improved our ESG management structure. Led by our                                                         Performance presentation

                                                                                                                                                                                                                       Environment management

                                                                                                                                                   Shareholders and     Investor emails

Quality and Environment Safety Center, we set up a three-level management structure at the levels of the corporation,                   1                                                                              R&D innovation

                                                                                                                                                   investors            Roadshows

business departments and each subsidiary, confirmed the ESG duty division among the levels to form an ESG close-                                                                                                       Product quality

                                                                                                                                                                        Investor hotline

                                                                                                                                                                                                                       Compliant operation

loop management system from decision-making, communication, execution to evaluation and reporting and guarantee                                                         Shanghai Stock Exchange e-interaction

                                                                                                                                                                                                                       Corporate governance

the effective fulfillment of our ESG strategy. The promotion and implementation results of our ESG strategy have been                                                                                                  Regional economic contribution

included into the scope of performance evaluation of all employees and specific incentive measures were provided for

                                                                                                                                                                        Newsletters/news announcements

the fulfillment of our sustainable development goals.                                                                                                                                                                  Risk prevention and control

                                                                                                                                                                        Telephone communication

                                                                                                                                                   Government and                                                      Incorruption management

                                                                                                                                                                        Email communication

                                                                         Our Sustainable Development Committee is the highest                                           Conference communication

                                                                                                                                                   Institutions                                                        Product quality

                                                                         decision-making organization of the corporation.                                               File sharing

                                                                                                                                                                                                                       Public welfare

                                                                         The corporation is responsible for the company’s                                               Network platform communication

                                                                         environment, social responsibility and governance

                                                                                                                                                                        Complaint box

                 The Corporation                                         strategies, and monitoring the formulation and                                                                                                Employees’ development

                                                                                                                                                                        Employee communication conference

                                                                         implementation of ESG vision, strategy and policy.                                                                                            Health and safety of employees

                                                                                                                                                                                                                       Rights and benefits of employees

                                                                                                                                                                        Emails

                                                                                                                                                                                                                       Care for employees

                                                                                                                                                                        Daily communication

                                                                         Our business units identify and evaluate relevant

                                                                         risks and opportunities of ESG, implement and fulfill                                          On-site assessment

             Business Departments                                        the specific measures and projects of ESG, monitor             4          Suppliers            Supplier evaluation                            Supplier management

                                                                         and manage the ESG risks and regularly evaluate the                                            Technical training

                                                                         company’s ESG performance.                                                                                                                    Product quality

                                                                                                                                                                        Communication meetings with clients

                                                                                                                                                                        Client satisfaction survey

                                                                         Each subsidiary is responsible for carrying out related                                                                                       Customer service

                    Subsidiaries                                         policies and goals, and coordinating around specific

                                                                         ESG issues and jointly promoting the fulfillment of ESG   In addition, we paid much attention to the protection           accidents and demands of clients for lower prices, we

                                                                         srategy and tasks.                                        and communic ation on the right s and benef it s of             organized a communication meeting among the investors

     Sustainable Development Management Structure                                                                                  investors, regularly convened shareholders’ meeting and         in the market at the first moment to dispel the rumors,

                                                                                                                                   performance presentation in accordance with related             and respond to the questions from investors through

                                                                                                                                   laws and regulations such as the “Listing Rules of Science      the Ask and Answer link of the management. In 2022,

                                                                                                                                   and Technology Innovation Board in the Shanghai Stock           the corporation convened two shareholders’ meetings,

                                                                                                                                   Exchange”, “Guidance to Investor Relation Management            one performance presentation to disclose the minutes

                                                                                                                                   to safeguard the investors’ right to know and participate

                                                                                                                                                                                                   of investor communication for 13 times, covering such

                                                                                                                                                                                                   contents as the company’s business conditions, strategy

We continued to keep in close communication with              stakeholders related with environment, social responsibility         in major matters of the company. For related rumors             release and clarification of rumors.

stakeholders and actively respond to their appeals and        and governance, including institutional investors, individual        of market volatility caused by LME nickel fluctuation

expectations. We established diverse communication            investors, clients, suppliers, etc.

channels with them to guarantee effective and normalized

                                                              During the reporting period, we actively communicated

communication. In 2022, we regularly communicated with

                                                              with each stakeholder to learn about their appeals and

each stakeholder. We hoped to establish cooperation of

                                                              expectations, listened and responded to their suggestions

mutual assistance and benefit with them and provide useful                                                                         We’ve established an identification mechanism for major issues. Each year, we confirm the major issues of the year by

                                                              carefully and achieved two-way communication.

guidance for our ESG management. We identified the                                                                                 analyzing and surveying the internal and external stakeholders.

                                 Ronbay Technology

                                 Environment, Social Responsibility & Governance Report 2022

                                                                  ESG Issues                                                 No.              During the reporting period, we sorted

                                                                                                                                              out 17 major ESG issues based on

                                                          Risk prevention and control                                          1

                                 Governance Issues        Incorruption management                                              2              our communication with internal and

                                                          Compliant operation                                                  3              external stakeholders, collection of

                                                          Greenhouse gas emission management                                   4              public information and alignment

                                                          Waste management                                                     5              to our peers and the national and

                                 Environment Issues

                                                          Energy management                                                    6              international development trend,

                                                          Water resource management                                            7

                                                                                                                                              including 8 highly important issues

                                                          R&D and innovation                                                   8

                                                          Quality assurance                                                    9              such as quality assurance, R&D and

                                 Operation Issues         Customer service                                                    10              innovation, risk prevention and control,

                                                          Responsible supply chain                                            11              7 issues with medium impor tance

                                                          Chemicals management                                                12              such as guarantee of employees’ rights

                                                          Employees’ training and development                                 13              and benefits and waste management,

                                 Issues of Employees      Guarantee of rights and benefits of employees                       14

                                                                                                                                              and 2 issues with low importance, and

                                                          Occupational health and safety                                      15                                                                       We insisted that compliant operation and innovation management was the foundation for the company’s healthy and

                                                                                                                                              carried out targeted management to

                                                          Public welfare                                                      16                                                                       sustainable development. For this reason, we actively explored innovative management models under the guidance

                                 Social Issues                                                                                                improve our performance.

                                                          Regional economic contribution                                      17                                                                       of New Integration Strategy, promoted the organizational reform of the three systems of “market, R&D and delivery”

                                                                                                                                                                                                       to enhance our “organizational” performance, establish a digital platform, empower our “digital and platform-based”

                                                                                                                                                                                                       model innovation and enhance our coordinated operation capacity. In addition, we kept perfecting the construction

                                             Issues of medium importance                                   Issues of high importance                                                                   of our comprehensive risk control system to enhance our ability to deal with risks based on “prevention in advance”.

                                                                                                                                                                                                       We strengthened the construction of our incorruption system and created a working atmosphere of “compliance,

                                                                                                                                                                                                       incorruption and fairness” to lay a solid foundation for our stable development.

Importance to the stakeholders

                                                                                                                                                                                                       In accordance with the “Code of Governance for Listed                 committee, which are responsible for supervising the

                                                                                                                                                                                                       for Listed Companies in the Science and Technology                    within their duty from different aspects.

                                                                                                                                                                                                       Innovation Board in the Shanghai Stock Exchange -

                                                                                                                                                                                                                                                                             As of December 31, 2022, there were seven members

                                                                                                                                                                                                       Standard Operation”, the company established a complete

                                                                                                                                                                                                                                                                             in our board of directors, including three independent

                                                                                                                                                                                                       and effective corporate governance structure composed

                                                                                                                                                                                                                                                                             directors, four non-independent directors and two female

                                                                                                                                                                                                                                                                             directors. We continued to enrich the composition of

                                                                                                                                                                                                                                                                             members of our board of directors in such aspects as

                                                                                                                                                                                                       with we ll-def ine d right s and duties and s tandard

                                                                                                                                                                                                                                                                             background, skill and experience, strengthened the

                                                                                                                                                                      Importance to the enterprise’s   operation to ef fectively guarantee the fairness and

                                                                                                                                                                      sustainable development

                                                                                                                                                                                                       scientific nature of the company’s governance decisions.

                                                                                                                                                                      Governance issues                                                                                      directors have rich industrial experience and a good

                                                                                                                                                                      Environment issues

                                                                                                                                                                      Operation issues                 The company has established four special committees                   education background. We are firmly convinced that

                                                                                                                                                                      Employee issues

                                             Issues of low importance                                                                                                                                  under the board of directors, including the strategy                  the professional and diverse members of our board of

                                                                                                                                                                      Social issues

                                                                                                                                                                                                       commit te e, the nomination commit te e, the audit                    directors will guarantee the rigor and efficiency of our

                                                                                                                                                                                                       c o m mi t te e a n d t h e re m u n e r atio n a n d eva l uatio n   decisions.

                                                                                                Importance to the stakeholders

 Ronbay Technology

 Environment, Social Responsibility & Governance Report 2022

                                                         Shareholders’ meeting                                                                      In order to make our internal control system more              of the Business Unit, we launched the organizational

                                                                                                                                                    mature, better manage the company’s per formance               reform of the three systems “market, R&D and delivery”

                                                                                                                                                    in each business and func tional area and enhance              at the end of 2022. The “three systems”, centered around

                                                               Board of directors                                                                   our professional decision-making ability, we set up 11         the demands of clients, can effectively enhance the

                                                                                                                                                    professional decision-making committees composed               professional ability of each module and the coordination

                                                   Bai Houshan (chairman of the board)

                                                   Liu Xianglie, Zhang Huiqing, Song Wenlei                                                         of experts from each field at the level of our operation,      between systems, enhance the company’s internal

                                                   Yu Qingjiao, Zhao Yiqing, Jiang Hui                                                              which perform respective duties and coordinate with each       governance efficiency and guarantee that the company

                                                                                                           Board of supervisors                     other. In addition, on the basis of the Iron Triangle System   develops steadily, continuously and robustly.

                                                                                                           Zhu Yan (chairman)

                                                                                                           Shen Cheng, Chen Ruitang

                                                                                                                                                      To build end-to-end value chain system and three systems based on the Iron

                                                                                                                                                      Triangle flow Business close-loop

                                                                                                                      Salary and assessment

   Strategy committee                 Nomination committee                       Audit committee                            committee                               Customer                                             Integrated           Integrated supply

                                                                                                                                                                    demands            Solutions for customers

Bai Houshan (the convener)                                                                                            Jiang Hui (the convener)                                                                          product R&D           chain and delivery

                                       Jiang Hui (the convener)               Zhao Yiqing (the convener)

Yu Qingjiao, Liu Xianglie                                                                                             Yu Qingjiao, Zhao Yiqing,

                                       Zhao Yiqing, Bai Houshan               Jiang Hui, Zhang Huiqing                Liu Xianglie, Zhang Huiqing

Zhang Huiqing, Song Wenlei

                                                                                                                                                                                                   Customer service/problem solving

                                                   Governance Organizational Structure

                   Shareholders’ meeting                            Convened twice to deliberate 23 proposals

                                                                                                                                                                                                      Market system/

                                                                                                                                                                                                     Customer manager

                      Board of directors                           Convened 12 times to deliberate 57 proposals

                     Board of supervisors                          Convened 9 times to deliberate 41 proposals

                                        Convening and deliberation of the three meetings & boards in 2022                                                                                                                                                  Client

                                                                                                                                                               Customer                                 Iron Triangle

                                                                                                                                                               demands                                                                                  satisfaction

                                                                                                                                                                                                           system

                                                                                                                                                                                                                                R&D system

                                                                                                                                                                                 Delivery system

                                                                                                                                                                                                                              Product solution

 Management innovation is vital to the company’s survival and development. Only through constant upgrade and

 optimization can the enterprise be able to sustain and evolve. Under the guidance of New Integration Strategy, we

 adhered to the core concept of “pioneering and innovation in all aspects”, kept making innovation and breakthrough in

 such aspects as organizational framework, operation management and coordination mechanism, so as to enhance our

                                                                                                                                                                            The schematic diagram of the working mechanism of the “three systems”

 “organizational and platform-based” performance.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

With the implementation of New Integration Strategy, new requirements were raised for our operation management. Through

the support for operation management and the implementation of strategic opportunities and intents, we managed our key                        We implemented the core concept of “comprehensive                 with the risks and effectively avoid and control the crises and

tasks by project, and established a “5+6+7” operation system, which had established a solid matrix style executive organization               risk control”, followed the requirements of “New Integration      negative impacts.

of 5 annual project teams, 6 business departments and 7 functional departments. Meanwhile, at the corporation level, we                       Strategy” and regarded risk management and internal control

established the leading group, promotion group/organ coordination group, secretary group/PMO group and expert group and                                                                                         We paid attention to the fostering of risk control awareness

                                                                                                                                              as the foundation of the company’s operation management

appointed project manager and PMO for each major                                                                                                                                                                among our employees and included the learning of

                                                                                                                                              in strict accordance with the “Company Law of the PRC”,

task. As a support, we also established corresponding                                     Leading group

                                                                                                                                                                                                                compliance into our induction training for new employees. We

                                                                                                                                              the “Audit Law of the PRC” and the “Basic Regulations for

PMO coordination organization, six-member                                                                                                                                                                       adopted various forms such as face-to-face lecturing, online

                                                                                                                                              Internal Control of the Company”. We tried to align ourselves

management mechanism, conference coordination                                                                                                                                                                   class and publicity videos on an irregular basis to promote

                                                                                                                                              to benchmark enterprises in the industry, studied and

                                                                 Promotion group/organ                                                                                                                          and publicize related contents across the corporation so

mechanism, work planning mechanism, work                                                                      Expert group

                                                                   coordination group                                                         introduced advanced risk control theories and practical

review mechanism, cultural publicity mechanism,                                                                                                                                                                 that all employees could study the basic theories of risk

                                                                                                                                              experience, tried to improve and perfect the comprehensive

evaluation, reward and punishment mechanism                                                                                                                                                                     control, architecture system and control methods and the

                                                                    Secretary group/                                                          risk control system across the company, and strengthen the

and summary and sharing PK session mechanism.                         PMO group                                                                                                                                 management and employees of the company could better

                                                                                                                                              risk control in advance, risk supervision during an operation

Through the “5+6+7” organization, we sorted and                                                                                                                                                                 understand and accept the construction of our risk control

                                                                                                                                              and risk audit after an operation, so as to continuously

integrated each business department and functional                                                                                                                                                              system, with an aim to implement the risk control concept in

                                                                                                                                              optimize our organization, system and processes and make

module at the horizontal and vertical dimensions.                                                                                                                                                               every link of our daily operations.

                                                                                                                                              up our shortages in control and management. In this way,

Through corresponding mechanism construction, we              5 project teams        6 business departments        7 functional departments   we aimed to prevent and avoid major risk events, guarantee        Information Security Construction

facilitated the strategy fulfillment and strengthened                                                                                         the stability of our production and operation, and seize

                                                                                                                                                                                                                In order to implement the strategic requirement of building

the organizational coordination.                                                “5+6+7” Organizational Structure                              the market opportunities to facilitate the promotion and

                                                                                                                                                                                                                a new energy industrial cluster and quickly respond to the

                                                                                                                                              fulfillment of our strategy.

                                                                                                                                                                                                                business changes and development in the future, we aimed

                                                                                                                                              In order to fully monitor the company’s risks, we established     to build a comprehensive information security capacity

                                                                                                                                              a comprehensive risk monitoring system, regularly identified      in the digital era. We aimed to step up our infrastructure

In order to ensure that the efficient implementation of           We also established a multi-level “PMO management                                                                                             investment and focus on our pain spots of business in two

                                                                                                                                              and evaluated the various risks faced by us, covering

our New Integration Strategy, we creatively planned               s y s te m” a n d re a c h e d s o l u tio n s t h ro u g h t h e P M O                                                                       years and quickly improve our information security system

                                                                                                                                              different fields of operation such as major special activities

and launched the activity of “Swan Action” and “Eagle             communication at each level to promote the                                                                                                    to a satisfactory degree of maturity. Through rolling planning

                                                                                                                                              and strategic projects, organizational personnel, quality,

Action”. The activity was a comprehensive management              implementation of strategic projects. We established a                                                                                        and continuous investment, we fully integrated information

                                                                                                                                              environment security, purchase, engineering, marketing, legal

reform event that involved all employees of the company,          six-member coordination mechanism of “a planner, a                                                                                            security into our business and aimed to build our information

                                                                                                                                              affairs, information security and intellectual property rights.

with coordination across departments and functions                HR specialist, a financial specialist, a standard specialist,                                                                                 security system into an industrial benchmark in the coming

                                                                                                                                              Based on the evaluation results, we developed measures to

to enhance the morale and promote the ideological                 a publicit y specialist and a risk control specialist ”.                                                                                      3-5 years.

                                                                                                                                              deal with the risks, followed up, monitored and reported the

unification among the employees so that the company               The system covered the corporation, each business

                                                                                                                                              implementation and execution status of each measure each

                                                                                                                                                                                                                In 2021, we focused on overall planning of information

could achieve breakthrough fruits in such aspects as              department and subsidiary and even the workshops to

                                                                                                                                              week, so as to achieve a close-loop risk control mechanism

                                                                                                                                                                                                                security and “quickly blocked” our security loopholes. In 2022,

operation system and product innovation.                          perfect the communication and information exchange.

                                                                                                                                              of “risk identification, evaluation, addressing, monitoring and

                                                                                                                                                                                                                we fully unfolded the construction of our information security

                                                                                                                                              reporting”. In addition, we also established an information

                                                                                                                                                                                                                system according to our planned path, covering our security

                                                                                                                                              collection and diagnosis system, analyzed and judged the

                                                                                                                                                                                                                construction goals such as data and secret leak prevention,

                                                                                                                                              development trend of external environment such as the

                                                                                                                                                                                                                terminal security, application security, personnel security

                                                                                                                                              situation and hot topics at home and abroad, emergencies

                                                                                                                                                                                                                and environment security so that our information security

                                                                                                                                              and market fluctuations, and worked with the business

                                                                                                                                                                                                                technology system was implemented steadily and our

                                                                                                                                              departments to develop a risk control scheme for abnormal

                                                                                                                                                                                                                Security Operation Center was running based on an entity.

                                                                                                                                              events and monitor and cope with the risks effectively, so

                                                                                                                                              as to further enhance our overall ability to prevent and cope

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                            □ Tel and WeChat: 150 5742 6133 (WeChat account: Ronbay Clean Practice);

 Field of                          Finished Items                                          Security Capabilities

 Construction                                                                                                                               □ Whistle-blowing email: jubao&ronbaymat.com;

                                                                      To build unified terminal security defense baseline for the           □ The company’s WeChat: whistle-blowing and complaint;

 Terminal            To deploy and finish the corporation’s unified

                                                                      corporation and be equipped with the abilities of terminal security   □ Whistle-blowing QQ: 2140 436 461;

 security            terminal security management platform

                                                                      such as detection, response and management

                                                                                                                                            □ Mailing address: The Supervision Department of Ronbay Risk Control Center, 39 Tangjialing East Road, Yuyao,

                     To deploy and finish the terminal data           To achieve advance warning, interception during an operation and      Zhejiang.

                     encryption management platform                   tracing after an operation for the release of our data assets

 Data and secret

 leak prevention                                                      To achieve centralized storage and efficient coordination of our

                     To deploy and finish our unified file

                                                                      core data assets and further comprehensively protect our data

                     management system

                                                                      assets

 Basic network       The construction of internal network access

                                                                      To guarantee the network transmission security of data

 construction        tunnel and cross-border SD-WAN network

Currently, our information security operation center has              operation for any information security abnormality. This year,

been running normally around modules such as security                 we handled a total of 4 serious violation cases of information

                                                                                                                                            We encouraged and motivated the activeness of internal and        3.Incorruption Management of Our Partners

                                                                                                                                            external personnel to report any “bad practice or unhealthy

risk identification, supervision and audit, so as to identify         security and spot 31 person-times of information security                                                                               We paid attention to the performance of our suppliers in

                                                                                                                                            tendency” in the company or other violations of laws and

the company’s potential information security risks and                risk behaviors. For the violations, we punished and called                                                                              business ethics. We formulated the “Code of Conduct for

                                                                                                                                            regulations, established a number of whistle-blowing

violations. Based on the dynamic monitoring and automatic             into account the related persons in charge according to the                                                                             Suppliers” and required all our suppliers to sign the “Letter of

                                                                                                                                            channels online and offline, improved and perfected our

warning mechanism of our information security technology              company’s regulations.                                                                                                                  Commitment on Compliance and Incorruption of Suppliers”,

                                                                                                                                            “pressure” mechanism to discover various problems in our

platform, we achieved quick advance warning, interception                                                                                                                                                     so as to avoid our suppliers from committing any behaviors

                                                                                                                                            operation management in time and effectively ensure that

of behaviors during an operation and log tracing after an                                                                                                                                                     that may disrupt the market fair play such as bribery and

                                                                                                                                            the company was running in compliance and developing

                                                                                                                                                                                                              improper related transactions. As of the end of the reporting

                                                                                                                                            in an orderly manner. Meanwhile, we resolutely practiced

                                                                                                                                                                                                              period, 445 historic suppliers and 279 new suppliers had

                                                                                                                                            the principle of “protecting the whistle-blowers”, released a

                                                                                                                                                                                                              signed the aforesaid letter of commitment.

                                                                                                                                            series of protection measures for them to ensure that their

We adhered to our core concept of “zero tolerance towards corruption” and required all our employees to strictly practice the               2. Construction of Incorruption Culture                           In order to ensure that the company is running in compliance,

                                                                                                                                                                                                              we have established complaint and inspection mechanisms in

compliance requirements and firmly resisted to any violation. We strictly observed related national policies and regulations such           We blended the incorruption culture into our operation

                                                                                                                                                                                                              multiple channels and carried out work such as clue receiving

as the “Company Law of the PRC”, the “Anti-unfair Competition Law of the PRC”, and the “Interim Provisions on Forbidding                    philosophy. In order to create a good internal environment

                                                                                                                                                                                                              and judgment, accepting of cases, evidence collection and

Commercial Bribery Behaviors” and took “advance prevention” as our norm. We paid high attention to the construction of our                  for our sustainable, healthy and high-quality development,

                                                                                                                                                                                                              fixation, personnel handling. Since the establishment of our

occupational ethics and incorruption system, implemented incorruption construction management in all our business flows,                    we organized all our employees to receive related training of

                                                                                                                                                                                                              supervision department, we carried out related audit and

with an aim to create a working atmosphere of “compliance, incorruption and integrity”.                                                     business ethics. During the reporting period, we organized

                                                                                                                                                                                                              inspection of clean practice covering the entire corporation

                                                                                                                                            eight sessions of clean practice publicity and promotion in the

                                                                                                                                                                                                              on an irregular basis. Meanwhile, we encouraged internal

                                                                                                                                                                                                              and external stakeholders to supervise our clean practice

Clean practice is a basic requirement for all our employees. In order to strengthen the clean practice awareness among our                  for new employees at 100%. In addition, we required all our

                                                                                                                                                                                                              management together. During the reporting period, we

employees and encourage them to always observe the occupational spirit of clean practice and integrity, we have formulated                  employees to sign the “Letter of Commitment on Clean

                                                                                                                                                                                                              investigated several corruption cases, involving such types

institutional documents such as the “Regulations on Clean Practice”, the “Regulations on Gifts and Rewards”, “Regulations on                Practice of Employees”. 100% of our employees have signed

                                                                                                                                                                                                              as non-public bribery, duty encroachment and infringement

Rewards for Whistle Blowers”, and the “Agreement on Honest and Clean Cooperation”, updated our mechanism for handling                       it, creating a working atmosphere of fighting and warning

                                                                                                                                                                                                              on commercial secrets, which had greatly strengthened our

corruption events and regulated our work procedures.                                                                                        against corruption in the company.

                                                                                                                                                                                                              working atmosphere of incorruption and integrity.

                                                     The sustainable development of supply chain has been included into the supply chain management

     Industrial Leadership

                                                     system to further reduce the carbon emission of industrial chain and realize its sustainable development

                                                     and transformation.

                                                     A new online supplier relations management (SRM) system was established to achieve digital

     Driven by Innovation

                                                     management transformation.

                                                     The proportions of strategic and long-term cooperation with suppliers have increased significantly.

                                    Innovation and R&D

                                                     covering related materials such as resource recycling, engineering equipment technology and solid

                                                     With an R&D investment of RMB 486.5543 million, our team covers China, Japan and South Korea, and

                                                     our internationalized R&D team reaching 599.

                                                     We further enhanced the industry-leading IPD integrated product development mode.

                                                                                                     [remark]

                                    Quality of craftsmanship

                                                     The EMT in Hubei, Guizhou, Yuyao and South Korea have all passed the certification of ISO 9001 and

                                                     IATF16949 quality control system.

                                                     Our first pass yield of products increased by 5.94% than previous year, and our rate of quality products

                                                     increased by 8.81% than last year.

                                                     passing rate of review reaching 100%.

                                    Customer service

                                                     A customer relations management (CRM) system was released to achieve information-based and

                                                     systematic customer management.

                                                     A complaint handling rate of product service for customers at 100%.

                                                     An average customer satisfaction degree during the reporting period at 96.1%.

                                      Remarks: Three utility model patents became invalid in 2022.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

We actively unleashed our innovation and pioneering capacity, deployed our innovation in cutting-edge products such as                     and reasonable prices. In terms of supplier management,                technology and established a new online supplier relations

sodium battery and LMFP to stay leading in the industry and constantly improved our innovation capacity in engineering design              we adopted strict procurement management by means of                   management system to transfer the original supplier

and equipment to enhance our “professionalism” in all aspects. Meanwhile, we implemented comprehensive quality assurance                   promoting the standardization of bidding procedure and                 registration, admission and evaluation from offline to

and prevention and upgraded our product quality with methods such as “digitalization”. We enhanced the efficiency of our                   the evaluation system of suppliers to ensure the reliability           an online platform. In this way, we achieved a digital

“platform-based” operation by establishing a full cycle of customer service management process, so as to satisfy the diverse               of our raw materials and cost competitiveness.                         information platform for the management and interaction

demands of different customers. In addition, while carrying out strategic cooperation with our partners in the upstream and                                                                                       o f s u p p li e r s , si g ni f i c a n t l y e n h a n c e d o u r s u p p li e r

                                                                                                                                           In addition, we followed the innovation and reform trend

downstream of industrial chain, we also paid attention to the suppliers’ performance in sustainable development and facilitated                                                                                   management ef ficiency and empowered our digital

                                                                                                                                           of digital transformation in the industr y, constantly

the development of our “ecological” industrial chain architecture, providing a strong support for the low-carbon transformation                                                                                   transformation.

                                                                                                                                           deepened the application of new-generation information

of the new energy material industry.

                                                                                                                                             Supplier admission                   Supplier evaluation                Supplier removal                           Supplier maintenance

                                                                                                                                             ◆ Generation of                                                         ◆ Removal principles

                                                                                                                                                                                  ◆ Visiting suppliers                                                          ◆ Communication and

                                                                                                                                             procurement demands                                                     (without cooperation

                                                                                                                                                                                  ◆ Supplier review                                                             exchange

                                                                                                                                             ◆ Collection of supplied                                                for a long time/

                                                                                                                                                                                  ◆ Scoring of suppliers                                                        ◆ Training and guidance

                                                                                                                                             material information                                                    disqualification/

As a leader in high-nickel ternary material, we aimed to build a globally competitive cyclic industrial chain around our                                                          ◆ Supplier evaluation                                                         ◆ Experience exchange

                                                                                                                                             ◆ Supplier registration                                                 blacklist)

                                                                                                                                                                                  ◆ results and release                                                         ◆ Complaint handling

“Battery Triangle Strategy”, and try to build a sustainable supply chain that is “efficient, safe, collaborative and green”                  ◆ Supplier inspection                                                   ◆ Removal process

through various methods and channels such as supply chain management, responsible procurement and cooperation

with our suppliers, so as to achieve win-win development with our supply chain partners and practice our concept of“being                                                                  Due diligence management process for suppliers

the strongest and working with the strongest on the basis of coexistence and blend”.

On the basis of observing related laws and regulations                                                                                     Adhering to the concept of sustainable development, we were committed to raising the sustainable development

at home and abroad, we formulated systems such as                                              Ronbay headquarters                         requirements for suppliers at home and abroad and paid a lot of attention to the environmental and social factors

                                                                                             Responsible for managing

the “Regulations on Suppliers”, the “Regulations on Risk                                                                                   in our procurement as we deployed the green and low-carbon supply chain. Meanwhile, we were also committed to

                                                                                          strategic cooperation suppliers

Identification and Evaluation of Supply Chain” and the                                                                                     responsible procurement management for the global supply chain. Currently, our domestic bases have achieved 100% of

“Control Procedure for Evaluation and Management of                                                                                        local procurement to further stabilize our supply chain.

Suppliers” and upgraded and regulated our management                                          Business departments

proces s of supply chain. Besides, the sus tainable                                         Responsible for managing                       1. Environmental and social responsibilities of suppliers

                                                                                        centralized procurement suppliers

development of supply chain has been included into the                                                                                     We in c l u d e d t h e p e r fo r ma n c e of o ur sup p lie r s in   developed review and evaluation items for their environment

supply chain management system to actively empower                                                                                         environmental and social responsibilities into our                     safety and sustainable development, raised management

our suppliers and enhance their risk management                                                  Subsidiaries                              consideration for the admission and evaluation of suppliers            requirements in such areas as environment protection and

p e r fo r m a n c e in te r m s o f e nviro n m e n t a n d s o cia l          Responsible for managing general suppliers and             and chose those companies that were safe, compliant, green             security for them. We scored and classified our suppliers

                                                                                             temporary suppliers

responsibility, further reduce the carbon emission of                                                                                      and energy-saving as our suppliers in priority. Meanwhile, we          based on their performance in environment protection and

industrial chain and realize its sustainable development                                                                                   also conducted a “review and evaluation of our suppliers with          security and actively practiced responsible procurement.

                                                                                Three-level classified management structure of suppliers

and transformation.                                                                                                                        regard to environment safety and sustainable development”,

Our procurement modes mainly cover two links, namely                     home and abroad and formed a relatively stable list of

procurement strategy and supplier management. As                         qualified suppliers with appropriate competitive and

to procurement strategy, we established long-term                        dynamic adjustment to ensure that the raw materials were

cooperation with famous raw material suppliers at                        continuously and steadily supplied with reliable quality

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                           lithium resource giants such as Alb and SQM to continually       suppliers and visited the suppliers at the site, and carried out

                                                                                                                                           optimize our global supply chain’s layout. Our supply chain’s    experience sharing online and team guidance offline at once

       Environment safety and sustainable review conducted on Huayou New Energy Technology

                                                                                                                                           construction goal was to “build a global and competitive         so as to communicate with our suppliers in time on the market

       (Quzhou) Co., Ltd.

                                                                                                                                           supply chain with our characteristics and sustainable            dynamics and risk changes. For the problems that occurred

       In December 2022, we organized an environment safety and sustainable development review on our supplier Huayou New Energy           development and advance new progresses in cooperation            to suppliers during work, we raised effective suggestions and

       Technology (Quzhou) Co., Ltd. The supplier conducted a self-review according to the evaluation criteria. The review this time was

                                                                                                                                           between enterprises in a way of reciprocity and mutual           offered substantial assistance to help improve the quality of

       organized remotely online by us to communicate with the supplier on such aspects as compliance and performance management,

                                                                                                                                           benefit”.                                                        products they supplied and create a

       environment management, GHG emission management and security management.

                                                                                                                                                                                                            good business atmosphere for our win-

                                                                                                                                           We kept in close contact with our suppliers, maintained active   period, we finished annual summary and

                                                                                                                                           communication and exchange with them in different ways

                                                                         the way to receive the RMI certification.                         and sought after joint growth and progress with them. We         visited 23 suppliers at the site and

In order to avoid procurement of conflic t minerals,

                                                                                                                                           regularly held large-scale communication meetings with           provided training for 9 suppliers.

we strictly prohibited our suppliers to develop, trade

and export mineral resources in conflict-hit and high-

                                                                         In order to expand our green supply chain, we advocated

risk regions, paid attention to the possible social and

                                                                         saving resources among suppliers based on the green

environmental impacts of any minerals and fully respected

                                                                         concepts such as energy saving, emission reduction and

the labor rights and benefits of any mine. We promised

                                                                         environment protection in our procurement, in our effort

to observe the “Guide to Due Diligence Management for

                                                                         to improve the raw material structure of our supply chain

China’s Responsible Mineral Supplier Chain” and the “OECD                                                                                  We were clearly aware that innovation is the primary driving force for the new energy industry. Relying on the three major

                                                                         and explore a new trail in battery materials. During the

Guide to Due Diligence Investigation of Responsible Supply                                                                                 supports, “global R&D deployment, efficient R&D system, and competitive talents”, we will keep stepping up our effort

                                                                         reporting period, we launched green procurement projects

Chain of Ores from Conflict-hit and High-risk Regions”,                                                                                    in scientific research and innovation and seek more scientific research and innovation talents. While deepening our

                                                                         based on close-loop recycling and formed a complete

introduced the requirement of “due diligence investigation                                                                                 advantages in high-nickel, we will explore new materials and technologies, deploy our intellectual property rights in the

                                                                         industrial close-loop by reprocessing ternary waste into

for mineral supply chain” into the development and                                                                                         industrial chain and become a leader of frontier technology in the global new energy material industry.

                                                                         raw materials for production to guarantee the reuse

admission of suppliers at home and abroad, and upgraded

                                                                         and zero loss of raw materials, with the recycled waste

the “Letter of Commitment on Never Using Conflict

Minerals” formulated by us into a letter of commitment

                                                                         accounting for about 5% of all raw materials, achieving the

                                                                         green goals of energy saving, emission and consumption

to be observed by the enterprise. During the reporting

period, all our suppliers that processed cobalt metal from

                                                                         reduction.                                                        1.R&D deployment                                                 as Beijing, Shanghai, Wuhan and Ningbo and key overseas

                                                                                                                                           Under the guidance of New Integration Strategy, we planned       regions such as South Korea, Japan, the US and Europe.

                                                                                                                                           to accelerate the construction of our production capacity,

                                                                                                                                           promote our global production capacity deployment and

                                                                                                                                                                                                            On the basis of global R&D layout, our Central Research

                                                                                                                                                                                                            Institute fully unleashed its advantage in positive electrode

                                                                                                                                           in five to ten years. During the reporting period, we signed

                                                                                                                                                                                                            high-nickel. Under the guidance of our strategic goal to

                                                                         excellent partners such as Huayou, GEM and Liqin, so as to                                                                         “become a technology firm with the highest commercial

Adhering to the concept of “working with the strongest based                                                                               Energy Technology and Central China Headquarters” with the

                                                                         lock our future production capacity in advance. Meanwhile,                                                                         value in the world’s battery field”, we were actively engaged

on coexistence and blend”, we worked with various partners                                                                                 people’s government of Hanyang District of Wuhan, planning

                                                                         we worked with industry-leading enterprises worldwide                                                                              in innovation and exploration and perfected the construction

to promote the sustainable development and construction                                                                                    regional R&D centers such as Central China Institute of New

                                                                         in the construction of supply chain. In 2022, we signed a                                                                          of our innovation and R&D management system around four

of the new energy industry, and deeply explore and innovate                                                                                Energy Technology. In addition, we launched innovation and

                                                                         strategic cooperation agreement with Ningbo Liqin Resource                                                                         parts, namely “technology development process, frontier

the ecology of cooperation based on the characteristics                                                                                    R&D strategy at home and abroad, focused on supporting the

                                                                         Technology Co., Ltd., to cooperate in the development                                                                              research system, personnel development system and

of different suppliers. During the reporting period, the                                                                                   regional development of the industry, and deployed our R&D

                                                                         of nickel resource of Indonesia, and signed a long-term                                                                            intellectual property system”.

proportions of strategic and long-term cooperation between                                                                                 around the regional advantaged technology. In the future,

us and suppliers had increased significantly. We successively            supply agreement of lithium raw material with international       we will establish R&D centers in major cities of China such

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

     ◆ Technology development system                          ◆ Frontier research system

     •At the stage of product R&D, we simplified             •In the future, our Research Institute of Technology will carry out in-depth

       and upgraded the process of our original                 research on frontier technologies such as solid battery, dry electrode, lithium-   In order to become a comprehensive positive electrode                 customers, we managed our product development as an

       product development system based on our                  rich manganese base and spinel nickel-manganese and always stay leading            material supplier “covering all markets of power battery and          investment project, and upgraded our product research

       condition to develop a new R&D system with               in the industry in new fields, preparing leading next-generation technology

                                                                                                                                                   energy storage”, we continually enriched our R&D team,                and development through cross-department collaboration.

       our characteristics, IPD integrated product              and incubating new business for Ronbay. We have managed to incubate new

       development system and fully applied it in               business such as sodium ion battery and LMFP battery.                              increased our investment in R&D and carried out R&D efforts.          While further strengthening the competitive edge in high-

       the process of product development.                                                                                                         We have made major achievements in such areas as product              nickel material, we also accelerated our deployment in the

                                                                                                                                                   innovation, R&D patents and development of industrial                 innovation and R&D in LMFP and sodium battery materials

     •We tried to detect performance flaws in                ◆ Personnel development system

       the performance, service life and safety of                                                                                                 standards. During the reporting period, our R&D investment            to effectively reduce the use of nickel and keep mastering

       batteries.                                             •We cooperated with excellent universities and research institutes,                 amounted to RMB 486.5543 million.                                     leading innovative technology, with our core technology

     •In terms of positive and negative electrodes             implemented the talent introduction measure of “Hundred Talent Plan”,

                                                                                                                                                                                                                         covering related materials such as positive electrode

       and auxiliary materials for electrodes, we               attracted excellent talents through internal cultivation and introduction          1.R&D achievements                                                    materials of lithium/sodium battery, precursor, resource

       assisted the tests of our clients, detected              from the outside. Meanwhile, we also introduced a lot of excellent talents

                                                                through channels such as the National Post-doctor Workstation and National         We were engaged in the research and development of                    recycling, engineering equipment technology and solid

       flaws in performance and materials and

       quickly improved them. We upgraded our                   Thousand Talent Plan.                                                              battery positive electrode material and precursor. Centered           battery.

       batter y chemical research system into                                                                                                      on IPD R&D model and oriented around the demands of

       our material electrical chemistry research             ◆ Intellectual property system

       system, expanded our product categories

       and tracks and predicted our products and

                                                              •We managed our intellectual property work in accordance with the                   Major innovation and R&D achievements

       actual applications, business models and

                                                                “Regulations on Intellectual Property Rights of Enterprises” to protect our

       means of technology on the medium and

                                                                intellectual property security and obtain the certification of intellectual

       long run.

                                                                property management system.

                                                                                                                                                                                • NI90 positive electrode material: we achieved a breakthrough in the energy density parameters

                                                                                                                                                                                   of battery cell, connected with several clients of Europe, America, Japan and South Korea and

                                                                                                                                                                                   accelerated the certification of related products and product lines.

                                                                                                                                                                                • Series 8 low-cobalt mono-crystal precursor product: we released customized innovative products and

                                                                                                                                                                                   significantly lowered the processing cost while keeping the performance parameters,

                                                                                                                                                                                • Achieved innovation in high-nickel mono-crystal process and passed the certification of international

Besides, we also actively launched

                                                                                                                                                                                   head battery cell makers.

o p e n in n ovatio n a c ti vitie s in         •We established an “Innovation Alliance of Ningbo for Next-generation Battery

                                                                                                                                                                                • Ultra high-nickel positive electrode material: we developed excellent products with a high capacity, a

                                                  Materials” with Veken Technology Co., Ltd., Ningbo Viken New Energy Technology

cooperation with key universities,                                                                                                                  Product innovation             low cost and circulation in high temperatures.

                                                  Co., Ltd., Ningbo Veken Battery Co., Ltd., Zhejiang Supcon Tech Co., Ltd., Ningbo

excellent enterprises and experts                 Institute of Industrial Internet Co., Ltd., and Ningbo University to carry out related                                        • LMFP: We were the first company worldwide to achieve a volume production and shipment of LMFP

                                                                                                                                                                                   positive electrode material at the level of thousands of tons and established cooperation with our

to build bridges for communication                researches in the R&D, engineering, intelligent equipment and digital product lines

                                                  of next-generation battery materials and their application, and the development of                                               clients at the downstream.

with different platforms, build the

                                                  next-generation positive electrode material, battery and equipment.                                                           • Positive electrode material for sodium ion battery: We achieved a breakthrough from 0 to 1, with each

industr y together and achieve                                                                                                                                                     indicator improved significantly, connected with a number of clients at home and abroad and achieved

win-win cooperation. For our                                                                                                                                                       a sales and shipment volume at the level of tens of tons.

deployment in frontier technology               ◆ Academy-research cooperation                                                                                                  • Fully solid battery material: We developed ternary positive electrode material suitable for solid battery,

                                                                                                                                                                                   effectively improved the compatibility between positive electrode and electrolyte interface, and won

in the f uture, we es tab lishe d               •We worked with Ningbo Institute of Material Technology and Engineering of Chinese                                                high recognition from our customers at home and abroad.

technology ties with our partners                 Academy of Sciences, Ningbo University and Ningbo University of Technology to

to promote the upgrade of                         undertake a major program of scientific innovation in 2025, “the development of

                                                  ferromanganese Prussian white positive electrode material applied in sodium ion

product innovation route; for our                                                                                                                                               •We achieved a major breakthrough in different fields such as precursor co-precipitation technology,

                                                  battery”;

exploration in green and low-                                                                                                                                                     positive electrode material doping technology, sintering technology in the atmosphere of positive

                                                •We established a long-term in-depth cooperation with several universities and                                                   electrode material, surface treatment technology of positive electrode material, high-voltage mono-

carbon technology, we worked with

                                                  research institutes, signed a technology cooperation agreement with Northeastern                 Technical innovation           crystal material production technology, NiCoMn metal recycling technology, Li2CO3 recycling

excellent universities and research               University of China, Central South University, University of Science and Technology                                             technology, ultra high-nickel positive electrode material production technology and high-nickel

institutes to explore the future                  Beijing, University of Nottingham Ningbo and Beijing Institute of Technology, and                                               waterless technology.

                                                  launched a series of development cooperation programs.

direction of green development.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

In the face of the rapidly developing industrial chain in the       electrode material and other key products, and the

new energy sector, we especially established a market               recycling methods of positive electrode material. Through

analysis department to collect and analyze industrial               comprehensive and effective patent portfolio strategy, we

information from different channels and showed the                  created a “moat” for our business innovation.

direction for the company’s technology R&D, which had

significantly raised our speed in material R&D and volume

                                                                    We fo c u s e d o n t h e va r iet y exp a n sio n a n d q ua lit y

introduction and greatly enhanced our scientific research

                                                                    improvement of materials in the new energy industry,                                                                              Research training for our R&D staff

and innovation capacity.

                                                                    trying to become a demonstrator and leader for the high-

Depending on our prominent scientif ic innovation                   quality development of battery material industry in the               for our scientific research team to improve their ability. Our                    3. R&D team motivation

capability and industrial merger and acquisition capacity,          future. We kept promoting standardization and efficiency              research institute has established a complete training system                     Our central research institute was devoted to building an

we managed to master a number of core technologies                  of new energy material industry. During the reporting                 for employees to help our teams and talents to improve their                      entrepreneurship platform and guiding our teams and talents

of the industry. During the reporting period, the number            period, we participated in the drafting or revision of 5              innovation abilities and unleash their innovative thinking,                       to launch technical innovation actively through incentive

of patents granted to us reached a new height with                  national standards under the centralized management of                and our employees’ innovation in scientific innovation to                         mechanism with projects. In addition, we developed the

granted. So far we have submitted a total of 604 patent             Commit tee, 3 industrial standards and 2 industrial                   research institute organized a total of 171 class hours of                        & Reward”, established awards such as proposal, granting,

applications and been granted 346 patents, including 19             standards under the centralized management of China                   training for our R&D staff, including 22 courses of professional                  commercialization of achievements, patent defense and

patents granted in South Korea. Our patents cover frontier          Electronics Standardization Institute and promoted the                skills, system knowledge and financial knowledge, a total of                      publications for our internal staff and encouraged our

products such as spinel nickel-manganese, lithium-                  progress and development of industrial technology.                    29 class hours at the level of our research institute.                            employees to make inventions and creations.

rich manganese base and solid battery material, and

                                                                                                                                          With strategic positioning of “protecting core technology,                        Korean Patent Office”, “Patent Law of the United States”

                                                                                                                                          rights”, we further regulated the processes of patent

                                                                                                                                                                                                                            and “Patent Law of Japan”, and were in active pursuit of

                                                                                                                                                                                                                            the certification of intellectual property management

We paid attention to the construction of our R&D and                excellent talents that agree with our technology concept              applic ation and review, and adopted standardized                                 system. We established the “System for Approval of

innovation talent team and the fostering of our employees’          and strengthen the construction of our talent team for core           management for the whole process of our intellectual                              Patent Declaration and Punishment & Reward” inside the

innovation capability. In order to support the implementation       positions. Meanwhile, we actively promoted our overseas               property rights such as creation, management, application                         company, developed a punishment and reward system for

of our New Integration Strategy goals and strengthen our R&D        talent localization strategy and continually recruited excellent      a n d p r o te c t i o n t h r o u g h e s t a b l i s h i n g a c o m p l e te   the protection of intellectual property rights. Whenever

and innovation capability and industrial competitiveness, we        local talents into our teams in Japan and South Korea, so as          intellectual property system.                                                     employees were found with such behaviors as misconduct

will cultivate endogenous talents and recruit external talents      to build a talent highland. During the reporting period, the                                                                                            in office, plagiarism and leak of commercial secrets in the

to build a high-level technology and management talent              number of our R&D staff reached 599, accounting for 12.90%            1.Construction of intellectual property system                                    intellectual property management, they were punished

team with an international vision,original innovation ability, an   of all our employees, of which over 45.8% were master                 In order to strengthen the compliance construction of                             according to the seriousness of the case. Those employees

ideal and high quality.                                             and doctoral research fellows graduating from first-class             our intellectual property rights at home and abroad, we                           with a prominent performance in intellectual property

                                                                    universities.                                                         followed domestic laws and regulations such as the“Patent                         management would be commended accordingly.

We actively explored new cooperation modes for coordinated          2. Cultivation of R&D talents                                         PRC” and the “Guide to Intellectual Property Management                           2.Patent layout and defense

development with universities and research institutes.              We attached importance to the ability development of talents          of Industrial Enterprises”, observed international laws and                       Starting from our business strategy, we applied for patents

We released a “Hundred Talent Plan” to attract more                 and were devoted to creating a rich variety of opportunities          regulations such as “Paris Convention”, “Patent Law of                            in time, chose the right regional and protection scope to

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

form patent clusters and adopted patent portfolio strategy, so

as to safeguard our own products and technologies, and build a

                                                                                    Defense against the lawsuit filed

legal barrier against external challenges.                                                                                             1.Quality control system

                                                                                    by Umicore

Meanwhile, we continued to strengthen the intellectual property                                                                        In accordance with the system certification requirements, we kept improving our quality control system and enhancing

                                                                                    From 2019, Umicore Inc. and Korea Umicore          our quality control to establish a quality benchmark in the global new energy material industry. By the end of the reporting

protection and patent risk warning for our core products. On

                                                                                    Limited (hereinafter referred to Umicore) filed

the basis of analyzing and sorting out the infringements on our                                                                        period, EMT in the manufacture regions of Ronbay such as Hubei, Guizhou, Yuyao and South Korea had all passed the

                                                                                    an intellectual property lawsuit and trade

existing products, we fully tracked and evaluated the intellectual                                                                     certification of ISO 9001 and IATF16949 quality control system.

                                                                                    investigation against Ronbay in China and

property risks involved in each link of our new products including                  South Korea respectively. So far, the courts

“approval of new projects, research and development and                             of China and South Korea have dismissed

                                                                                    the legal action from Umicore, or Umicore          We established a three-level quality

marketing of products” and adopted a defense layout against

                                                                                    has withdrawn its lawsuit on its own. Ronbay                                                                                                        Responsible for designing the corporation’s

our patent risks.                                                                                                                      control architecture composed of the

                                                                                                                                                                                                                                        strategy and systems and setting and

                                                                                    boasts leading technology and independent

                                                                                                                                       “corporation, business departments                              The Corporation                  management of related indicators.

                                                                                    research and development in the field of

Besides, we also protected our legal rights and benefits by                                                                            and factories”. We attached high

                                                                                    NCM811 and has independent intellectual                                                                                                             Responsible for strategy designing, operation

means of administration and jurisdiction. In the face of patent                                                                        importance to quality innovation, set

                                                                                    proper t y in S85E, providing necessar y                                                                                                            management and indicator decomposition

infringements, we set up an intellectual property defending team                    intellectual property barrier for us to continue   up a quality innovation team at each                        Business departments                 at the level of business departments.

composed of our intellectual property department, professional                      to explore the global market.                      level to focus on such aspects as the

law firm’s intellectual property lawyers and intellectual property                                                                     external market research, the quality                                                            Implementing indicators as business units

                                                                                                                                                                                                          Factories

agent’s professionals to defend and safeguard our intellectual                                                                         innovation management of R&D and

property rights actively and continuously.                                                                                             equipment, the introduc tion and

                                                                                                                                                                                              Quality control architecture

                                                                                                                                       promotion of advanced methods for

In accordance with related laws and regulations and                   infringement risks to defend against the risks. Meanwhile,

ma na g e m e nt s y s te m s , we p e r fe c te d o ur inte r na l   we included the requirement of intellectual property             2) Full life cycle quality control mechanism

protec tion system for intellec tual proper t y rights,               protection into our product development to ensure that

                                                                                                                                       We shif ted qualit y control for ward through the IPD                     During the reporting period, we compiled or revised

established the mechanisms of patent infringement                     our core technology and intellectual property rights were

                                                                                                                                       process, carried out quality control activities throughout                systems such as the “System of Rewards and Penalties for

analysis and supervision mechanisms. We retrieved and                 under all-round supervision and protection from the start

                                                                                                                                       the life cycle of products and adopted end-to-end close-                  Quality”, the “Internal Review Management System”, the

analyzed patent information in corresponding countries                of our research and development.

                                                                                                                                       loop management and concerted efforts in such areas as                    “Handbook of Magnetic Impurities Management” and the

or regions, screened the patent risks, identified possible                                                                             market, R&D, manufacture and procurement to ensure                        “Supplier Management Agreement” to further improve

                                                                                                                                       that our products met the demands of customers and                        our full life cycle quality control mechanism, implement

                                                                                                                                       addressed their problems and challenges; ensure that                      the requirement of high quality in every process of our

                                                                                                                                       the comprehensive competitiveness of our products was                     production, every position and every employee, so as to

                                                                                                                                       improved continually and the requirements of customers                    keep improving our quality management performance and

                                                                                                                                       could be satisfied constantly with high quality.                          product quality.

                                                                                                                                         ◆ Supplier quality management

Adhering to the core concept of “creating values for our customers with quality products”, we provided our customers

worldwide with quality products. In terms of hardware, we continued to increase investment in R&D to upgrade the                            • Supplier management process: We tried to practice product quality control in the entire process by being strict with raw materials,

equipment. In terms of software, we continually strengthened the quality control mechanisms of ISO9001 and IATF16949                          adopting real-time monitoring on our production and conducting sampling tests on our finished products, while adopting a

                                                                                                                                              supervision mechanism to further guarantee the high quality of our products. During the reporting period, we revised the “Supplier

and enhanced the awareness and abilities of our personnel. Through advanced tools such as IPD and digitization, we

                                                                                                                                              Quality Agreement”, further enhanced the quality of raw materials and continually improved our product quality.

continually perfected our quality control system in the whole life cycle so as to win trust from customers with the best

quality.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

     ◆ R&D quality management                                                                                                              In order to continue to promote the company’s product            impurities improvement, production maintenance and IE

                                                                                                                                           quality improvement, solidify our status as an industrial        program improvement to create a good atmosphere of

      • In terms of R&D quality, we actively promoted the IPD model and developed complete review tools based on the five tools of        benchmark and promote our global layout, in 2022,                improvement within the company, fully expose and solve

         IATF, established the role of PQA, developed product quality plans with a preventive concept and supervised their execution.      we carried out different forms of quality improvement            quality problems and further improve our product quality

         We classified the quality review points by the maturity of technology and implemented quality reliability analysis and quality    activities among all our employees such as harmful               control.

         evaluation; we tried to guarantee product quality in the full life cycle.

     ◆ Process quality management

      • In order to enhance our process quality management, we planned the LPA (layered process analysis) mechanism during

         the reporting period, where we conducted regular and frequent standardized reviews at each level so as to confirm the

         consistence of operating standards within the organization. We examined the organization from 13 segments such as feeding,

         packaging, warehousing and logistics and reviewed a total of 808 problems. Among them, the VOC segment of customers

         was adjusted dynamically according to their requirements to ensure that their requirements were satisfied, as a result of which      Harmful impurities removal         IE program improvement activity                              TPM activity

                                                                                                                                                 master competition

         we won recognition from several clients.

Meanwhile, in 2022, we established

the Manufac ture E xecution                                                                                                                1.KPI indicators

Sys tem (M E S) and L aborator y                                                                                                           In 2022, under the unremitting efforts of all our employees, our product quality was improved greatly. The first pass yield

Information Management System                                                                                                              of our products increased by 5.94% than last year and our rate of good quality improved 8.81% than previous year, which

(LIMS) and an information system                                                                                                           further guaranteed the safety and stability of our products.

and a digital foundation with our

own characteristics to digitally                                                                                                           2.Customer audit

e m p owe r o u r q ua li t y c o nt ro l ,

                                                                                                                                           During the reporting period, a total of 41 customers at home and

achieve automatic computing and

                                                                                                                                           abroad conducted 41 quality audits on our positive electrode

abnormality identification of our

                                                                                                                                           factories, with an audit pass rate at 100%. They spoke highly of

product data and enhance the

                                                                                                                                           our system management and product control performance. In

efficiency and accuracy of product

                                                                                                                                           August, we received a special visit from the CATL, which awarded

quality control, laying a foundation

                                                                                                                                           an authentication certificate of “5S benchmark line” to us. Our

for our digital transformation.                                                                     The launch ceremony of LIMS project

                                                                                                                                           quality level met the requirements of our customers at home and

                                                                                                                                           abroad.

In order to keep improving our quality control and practice                  quality improvement tools and methods. Meanwhile, we          3.Honorary awards                                                                   benchmark line” from the CATL

our quality concept, we attached high importance to                          regularly carried out evaluation to help our employees        Under our ceaseless pursuit of outstanding quality, we achieved an excellent performance in 2022 and won honorary

quality-related training, developed different forms of                       constantly enhance their quality awareness and ensure         awards such as “Evaluation of Chinese Brand Value”, “Vice Chairman Organization of the 7th Council of Ezhou Municipal

training courses, with our training contents covering                        that they indeed mastered the product quality theoretical     Quality Technology Association”, “Award for Outstanding Quality” (awarded by Energy Very Endure), “Excellent Supplier

dif ferent fields such as qualit y control system and                        knowledge and practical methods.                              of the Year” (awarded by the CATL).

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                    Japan and the EU from offline to online, so that the customer information could be traced and our sample process became

                                                                                                                                    visualized. In this way, we achieved standardization and information-based management of our sales orders in the whole

                                                                                                                                    process and further enhanced our customer satisfaction degree.

                                                                                                                                    We emphasized on the protection of the rights and benefits        would organize a special session or visit the customer to

                                                                                                                                    of our customers and had formed a complete set of handling        avoid receiving more complaints from similar clients and

                                                                                                                                    processes for customer complaints and feedback. During            continuously improve our products and services. During

                                                                                                                                    the reporting period, we updated and revised systems              the reporting period, our customer complaint solving rate

                                                                                                                                    such as the “Control Procedure for Customer Service” and          reached 100%.

                                                                                                                                    “Customer Satisfaction Degree Management System” to

                                                                                                                                    clarify the standardization requirements for our customer         2.Product call-back mechanism

                                                                                                                                    service, strengthen our product call-back mechanism, fully        We established a three-level product call-back mechanism

                                                                                                                                    investigate our customer satisfaction degree, so that our         to provide our customers with all-round quality guarantee.

                                                         Honorary awards of quality                                                                                                                   Whenever defec tive goods was shipped, we would

                                                                                                                                    customer complaint channels could remain smooth and their

                                                                                                                                    complaints could be handled in a timely and fair manner as        immediately notify the clients and launch the call-back

                                                                                                                                    much as we could.                                                 mechanism according to the emergency level of the event, to

                                                                                                                                                                                                      minimize the loss of our clients. During the reporting period,

                                                                                                                                                                                                      no product call-back had occurred in the company.

                                                                                                                                    In order to ensure that we were able to quickly and effectively

                                                                                                                                    handle customer complaints, we clarified our complaint            3.Customer satisfaction survey

                                                                                                                                    sorting standard and the duties of each department in             We regularly conducted a customer satisfaction survey, with

We not only tried to produce quality products, but also aimed to be leader for customer service quality in the industry.

                                                                                                                                    complaint handling in our “Control Procedure for Customer         the dimensions covering the percent of pass, timely delivery

Adhering to the service concept of “centering around the customers”, we continually improved our customer service

                                                                                                                                    Service”, had a timely insight into feedback from customers,      rate, response to customer complaints. By measuring our

before, during and after sales, tried to understand and satisfy the demands of customers in all aspects and actively

                                                                                                                                    responded to their requests and improved our service quality.     customer satisfaction degree and analyzing our current

improved the customer service satisfaction degree and the efficiency of our response to customer demands.

                                                                                                                                    For the customer complaints we received, we established           shortages, we organized related departments to rectify such

As our factory in South Korea was put into production in 2022, we also deployed a complete international customer                   a complete complaint handling mechanism, and required             shortages actively in time. Our average customer satisfaction

service team in our factories in Seoul and Chungju of South Korea, covering our communication and connection with                   that an official reply or response must be given to our           degree during the reporting period was 96.1%.

customers in four language zones, Chinese, English, Korean and Japanese, so as to extend our customer service to cover              customers within 24 hours. Whenever it was necessary, we

the overseas markets all over the world.

                                                                                                                                    We respected the rights of our customers, attached high           storage and transmission management, cross-department

We were committed to providing our customers with                      mechanism in the full life cycle, so as to optimize the      importance to the protection of their privacy and strictly        information confidentiality management. Besides, we kept the

standard services and stable, reliable solutions. during               customer service experience and improve the efficiency of    observed related laws at home and abroad such as the              names of our customers as secret in the form of codes, strictly

the reporting period, we formulated some institutional                 our response to customer requests as much as we can.         “Cyber-Safety Law of the PRC”, the “Personal Information          adopted authority control within departments and isolated

documents such as “Customer Demands Management                                                                                      Protection Law of the PRC” and the “EU General Data               the information access permission based on positions, so

                                                                       Meanwhile, we released a customer relations management

Process”, “Control Procedure for Customer Demands                                                                                   Protection Regulation”. We tried to avoid information security    as to fully safeguard the privacy, rights and benefits of our

                                                                       (CRM) system, which has shifted the management of

and Contract Review” and “Sales Contract Management                                                                                 risks and protected the privacy of our customers from such        customers.

                                                                       customers in countries such as China, South Korea, the US,

System”, established a customer service management                                                                                  aspects as adopting system authority control, information

                                                       We promoted the core technology for recycling and reuse of waste and scrap to establish a battery triangle

                                                       strategy.

     Green Development to

                                       The vision of carbon neutrality

                                                       We established a goal of carbon neutrality and built a model “beacon factory” in Xiantao of Hubei.

     Improve Environment

                                                       Our environmental protection investment exceeded RMB 17 million.

                                                       Ronbay Guizhou obtained the certification of ISO 50001 energy management system. We also launched

                                                       the system certification for our positive electrode factories in Ezhou and Xiantao of Hubei and South Korea.

                                                       We signed a package of agreements with Hubei Energy Administration and used clean energy instead of

                                                       We carried out carbon screening for Ronbay Hubei, Ronbay Wuhan and Ronbay Guizhou, all of which had

                                                       We implemented life cycle assessment for our products to accurately evaluate our production and

                                       Three wastes management

                                                       economy.

                                                       Our production bases that have been put into production have all obtained the certification of ISO 14001

                                                       environment management system.

                                       It was a common ideal shared by everyone in Ronbay to “develop new energy industry and improve the humankind’s living

                                       environment”, which was also the social responsibility to be fulfilled by us. Centered on our “Battery Triangle Strategy”, we focused

                                       on such business fields as battery disassembly, recycling and cascade utilization to further develop an “ecological” cyclic industrial

                                       chain. Meanwhile, in order to respond to the national policies of “carbon peak and neutrality”, we were striving to develop and use

                                       clean energy, keep tapping our potential in energy saving and carbon reduction, so as to provide strong guarantee for the building

                                       of zero-carbon factories. In addition, we implemented the environment protection concept of “zero accidents, zero penalties, zero

                                       complaints”, established and promoted a scientific environment management system, continually reduced the environmental

                                       impacts of our own operations and developed an environment-friendly enterprise by means of reducing the pollutant discharge,

                                       recycling and reusing our wastes and “digital” empowering.

                                       We expanded from the industrial chain of positive electrode material to the “battery triangle” cyclic industrial chain, actively

                                       deployed business such as battery disassembly, recycling, extraction, refinement and mineral in the upstream of our supply

                                       chain, and deployed business such as battery operation and cascade utilization in the downstream of our supply chain,

                                       so as to form a complete battery triangle strategy and provide strong guarantee for the “ecological” development of our

                                       industrial chain.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                      Our model “beacon factory” in Xiantao of Hubei

We aimed to minimize the use of raw materials and turn our wastes into resources and make them harmless with our

core technologies for waste recycling and reusing such as “NiCoMn metal recycling technology” and “Li2CO3 recycling                   In 2022, we built a model “beacon factory” in Xiantao of Hubei,   possible by 2025”.

technology”. We recycled and reused elements such as nickel, cobalt, manganese and lithium with methods such as                       reduced carbon emissions and resource waste in such aspects

                                                                                                                                                                                                        In terms of green building, our factory in Xiantao introduced

                                                                                                                                      as energy saving and consumption reduction, green building

chemical dissolution and impurities removal, boasting a high comprehensive recycling rate and taking the lead in the                                                                                    the concept of green design into each design link from the

                                                                                                                                      and green logistics and achieved green development.

industry.                                                                                                                                                                                               very beginning, observed the technical requirements such

                                                                                                                                      In terms of energy saving and consumption reduction, on           as using environment-friendly materials, thermally insulated

                                                                                                                                      the basis of reducing the use of fossil fuels such as oil and     enclosing structures and adopting double-layer vacuum

                                                                                                                                      gas, Ronbay Xiantao planned to purchase forestry carbon           glass. By using facilities such as efficient energy-saving and

                                                                                                                                      the greenhouse gas escape from such sources as fossil             achieved diversion of rain and sewage water and were building

                                                                                                                                      fuel combustion and air-conditioning refrigerant and the          a true sponge factory.

We were actively exploring the cyclic utilization of power

                                                                                                                                      greenhouse gas emission from such sources as waste water

batteries. The joint venture subsidiary TMR deployed and                                                                                                                                                In terms of green logistics, our factory in Xiantao used electric

                                                                                                                                      treatment. The production and operation of our plants and

invested by us has already achieved mature application in                                                                                                                                               vehicles and transport trucks for logistics, commuting and

                                                                                                                                      factories were aligned to the domestic and international

                                                                                                                                                                                                        service in all occasions, while encouraging our employees to

the recycling and reuse of lithium battery waste. In addition,                                                                        standards of “zero-carbon factory” in our effort to achieve

                                                                                                                                                                                                        take a bus for commuting and buy electric vehicles and offer

we signed a strategic cooperation agreement with GEM,                                                                                 zero carbon emission in our Xiantao factory and “achieve our

                                                                                                                                                                                                        them free recharging services.

striving to seek cooperation in such fields as power battery                                                                          goal of zero-carbon factory in domestic industry as soon as

recycling, disassembly and utilization, cascade utilization and

powder sorting and achieve a sustainable supply of material

products. We also adopted several recycling and reusing                                                                       Other than the factory in Xiantao, we had developed detailed carbon neutrality paths for such aspects as roof distributed

technologies in the production of ternary materials and                                                                       PV, green electric power trading, green credits trading and certified emission reduction trading.

precursor, with an aim to avoid environmental impacts and

realize an ecological cyclic economy.

                                                                                                                              improvement of energy use efficiency and regulated the

                                                                                                                                                                                                        to manufacture, tried to reduce the resource waste

                                                                                                                                                                                                        and pollutant discharge by means of lowering energy

                                                                                                                              rational utilization of energy according to the regulations               consumption, reducing our loss and pollutant discharge,

Adhering to the concept of “achieving sustainable development through energy saving and carbon emission reduction”,

                                                                                                                              of each area of operation, formulated the “Energy                         and included energy management into our strategic

we actively implemented the governance action against climate changes. We actively promoted the use of clean energy,

                                                                                                                              Consumption Quota Regulations” and further strengthened                   and annual planning. In addition, we adopted energy

planned the procurement of green power and built our own PV facilities. We also deeply mined our potential in energy

                                                                                                                              energy management, identification of energy management                    assessment, took the fulfillment of the energy use reduction

saving and emission reduction in our production process, evaluated our products and measured our carbon footprints in

                                                                                                                              opportunities and management systems related with                         goal as part of our assessment and evaluation, and offered

the full life cycle, laying a foundation for us to build factories with carbon neutrality.

                                                                                                                              energy measurement. By the end of the reporting period,                   rewards to those regions and individuals that had done well

                                                                                                                              our Guizhou subsidiary had obtained the certification of the              in energy management.

                                                                                                                                                                                                        In 2022, we explored energy saving and consumption

Based on our own environment management system,                      neutrality and how to achieve the goal. Meanwhile, we                                                                              reduction in our production end through process

                                                                                                                              of energy management system for our other positive

we actively practiced our green development strategy,                were actively building “beacon factories”, and coping                                                                              optimization, equipment energy efficiency and energy

                                                                                                                              electrode factories, including our factories in Ezhou and

established a goal of “achieving carbon neutrality at the            with climate changes and challenges and improving our                                                                              management control, and gradually lowered our energy

                                                                                                                              Xiantao of Hubei and South Korea.

level of organizational operation of our factories in Hubei          sustainable development capacity with new technologies                                                                             consumption and carbon emissions during our operation

and Xiantao by 2025” and developed our goal of carbon                under the concept of green development.                  We were strict with every link from product design                        and production.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

     ◆ Equipment upgrade                                                  ◆ Process optimization                                            and rationally deploy in-factory PV sheds and recharging piles to build a new integrated electric power system, supply

                                                                                                                                            Ronbay Xiantao with green power from nearby and achieve a high proportion of local renewable energy consumption.

      •Automatic logistics system was used instead of traditional        •Air separation oxygen-generation system: the pressure

       forklifts to improve logistics efficiency and electrification        of our kiln adopted a low pressure system to optimize the

                                                                                                                                               ◆ Demonstration energy base project in Xiantao                       ◆ Distributed PV project in Ezhou

       rate and lower the transport energy consumption for each             use of oxygen compressor and lower the air separation

       unit of goods.                                                       system’s energy consumption by over 15%.

                                                                                                                                                •Through the fishery-solar hybrid power station, integrated        •Our distributed PV project adopted the model of power

      •Ventilation system reconstruction for the low-voltage             •Power factor control and optimization: We adopted                     wind power farm and new energy storage power plant, the             generation for self-use and surplus power connection to

       power distribution room: we improved the ventilation                 normalized control for power factors and enhanced the                 Xiantao base established an energy management platform              the grid, with a total installed capacity of 5.73MW. After the

       system of power distribution room, effectively reduced               level of our power factors (above 0.95)to guarantee reactive          and system and developed an integrated intelligent self-            project is put into use, it can achieve a proportion of 100%

       the indoor temperatures and saved electricity bills of RMB           power compensation.                                                   balance system through the 220kV user station access                for the power generated for self-use.

                                                                          •Lithium hydroxide crushing system: It achieved nitrogen

      •Cooling water system reconstruction: We mounted a                   reutilization of air separation system, recycled the residual

       temperature control device to the fan of cooling tower, and          pressure energy and lowered the system’s energy

       by optimizing the running frequency of the water pump, it            consumption.

       was estimated to save energy consumption of 1,140,000

                                                                          •Optimization of heating, ventilation and dehumidification

       kwh a year.

      •Compressed air waste governance: We improved the

                                                                            system: We optimized its working conditions and reduced

                                                                            the use time of the dehumidification machine, which was

       leak of compressed air, which was estimated save power               estimated to save energy consumption of 2,240,000 kwh a

                                                                                                                                            In 2022, we launched carbon footprint accounting at the organizational level and carried out green and low-carbon

       consumption of 4.10 million kwh a year.                              year.

                                                                                                                                            environment protection according to the results. Currently, our three bases in Hubei, Wuhan and Guizhou carried out

                                                                          •Optimization of ceramic rotary kiln system: The system

                                                                                                                                            carbon footprint accounting according to ISO 14064 and obtained the verification certificate. In addition, in accordance

                                                                            could achieve dynamic rolling and quick heating to lower

                                                                                                                                            with the carbon footprint accounting report, we developed pertinent measures and plans for carbon emission reduction,

                                                                            the invalid energy and heat loss, which could effectively

     ◆ Energy management and resource recycling

                                                                            lower the system’s energy consumption by about 70%.             providing a strong support for us to fulfill our goal of “carbon neutrality” in the future.

      •Energy use control: According to the requirements of              •Oxygen recycling and utilization: By optimizing the kiln

       areas and time sections, our design optimized the lighting           exhaust gas system, we achieved oxygen recycling and                                The carbon footprint accounting result of Ronbay in 2022

       time of power distribution room and workshops to reduce              reuse, which could save energy consumption of about

       unnecessary lighting energy consumption, which was                   835,000 kwh a year.

       estimated to save energy of 1,250,000 kwh a year.

                                                                                                                                            Ronbay Guizhou

                                                                                                                                            Ronbay Wuhan

We applied advanced technologies to improve our energy                 participated in the market-based trading of green power

use efficiency, maximized the use of clean energy instead of           in Hubei, purchased green power through market-based                                     0              20                40            60                80                100                 120

traditional energy in our active effort to build zero-carbon           trading, so that our factories used green power for 100%.

factories.                                                                                                                                                                  Ronbay Hubei                       Ronbay Wuhan                           Ronbay Guizhou

                                                                       Meanwhile, we adopted various advanced and intelligent

We signed a package of agreements with the Hubei Energy                technologies and a large energy integrated management

                                                                                                                                                      Scope 1                  0.04                              0.23                                     0.08

Administration and developed green and clean energy                    platform of the central control and scheduling system to

                                                                                                                                                      Scope 2                  4.78                              18.24                                   8.86

from nearby in various forms such as fishery-solar hybrid,             integrate power generation, transmission and distribution,                     Scope 3                 28.85                             113.54                                   40.48

wind-solar hybrid and roof distributed PV. We actively                 energy storage regulation and flexible response to loads                   Remarks: Unit 10,000 ton

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                                                                                 Production Safety

                                                                                                                                                                                                                                                    Committee

In order to evaluate the environmental impacts of our products in the full life cycle, we carried out a life cycle assessment           We established a complete internal system in accordance

on five products such as NCM polycrystal, NCM monocrystal and ultra-hight nickel, accurately measured and evaluated                     with ISO 14001 environment management system, set up

the impacts of our production and upstream links in various characteristic factors (such as greenhouse gas impact, water                an environment management system controlled by the                                                 The Corporation’s Quality and

                                                                                                                                                                                                                                           Environment Security Center

consumption impact and resource consumption impact). In addition, we actively studied and planned the green power                       management at each level, supervised by each functional

trading, green credit trading and carbon emission permit trading and promoted the implementation of green solutions.                    department and strictly implemented by employees, refining

                                                                                                                                        environment management to each level to improve our                                              Quality and Environment Security

                                                                                                                                        environment risk management, try our best to reduce the                                        Department of Business Departments

                                                                                                                                        win harmony between environment and society. By the end of

                                                                                                                                                                                                                                   Quality and Environment Security Department

Efficient water resource management is also an important link to facilitate the fulfillment of zero carbon. By taking                   the reporting period, our production bases that have been put

                                                                                                                                                                                                                                                  of Subsidiaries

measures in water resource management such as equipment optimization, technology transformation and water resource                      into production have all obtained the certification of ISO 14001

repeated utilization, we effectively enhanced the use efficiency of water resource. We also conducted life cycle assessment             environment management system.                                                          Organizational structure of environment management

(LCA) analysis related with water resource for some products. Currently, the water use for production of our products per

ton is equivalent to 1,000 - 1,500 cubic meters.

     ◆Reduction and improvement                  ◆ Improvement in water discharge               ◆ Recycling of production

     in ionized water preparation                per ton and water recycling rate               waste water

     •The water consumption was reduced           •The water discharge per ton decreased    •By using the waste water in recycling

      and the consumption of ionized water          by 59.2% from 2021 by reducing the         water station after treatment at the

      per ton of products decreased 89.1%           amount of ionized water prepared,          waste water treatment plant and

      from 2021 by optimizing the ionized           launching several reconstruction           reducing the replenish to the system’s

      water energy consumption of MVR               projects, improving the water use of       circulating water, in 2022 we saved

      compressor, adjusting the water use           public equipment, and using distilled      about 43,000 tons of water.                       EMT, our subsidiary

                                                                                                                                                                               Ronbay Guizhou                Ronbay Hubei         Xiaocao’e Subsidiary               Yuyao factory

                                                                                                                                                 in South Korea

      strategy of the centralized dissolving        water instead as raw material for

      workshop, and shifting from ionized           dissolving crystals; the recycling rate

      water to distilled water supplied to the      of distilled water increased 35% than

      workshops.                                    2021.                                                                               We h a ve e st a b l i s h e d a t h re e - l e ve l e n v i ro n m e n t    We further enhanced our environment risk management

                                                                                                                                        management architecture composed of the “corporation,                        and evaluated the environmental risks. In 2022, we carried

                                                                                                                                        business departments and factories”, where the corporation                   out a comprehensive, systematic environment diagnosis

                                            Highlights in our water saving measures                                                     was responsible for strategic planning, system construction,                 on our production bases, including institutional flow,

                                                                                                                                        innovation and improvement; our business departments                         environment protection equipment risk assessment,

                                                                                                                                        were responsible for undertaking and decomposing our                         hazardous waste process control and radiation safety

                                                                                                                                        goals, and supervising the operation management of each                      evaluation and control and rectified the problems according

                                                                                                                                        of the headquarters and business departments and

                                                                                                                                                                                                                     to the diagnosis results. We made a special investment

                                                                                                                                                                                                                     in environment protection to purchase and run treatment

                                                                                                                                        performed the specific daily management.                                     facilities for waste water, waste gas, solid waste and noise

We strictly observed the “Environment Protection Law of the PRC” and the laws and regulations applicable to the area of

                                                                                                                                                                                                                     and removed our environment and safety hazards through

operation, developed internal systems such as the “Environment Protection Management System”, with an aim to perfect                    We strictly observed laws and regulations such as the

                                                                                                                                                                                                                     measures such as engineering technology transformation.

our regular and transparent environment management system, strictly implement pollutant control in the whole process                    “Atmospheric Pollution Prevention Law of the PRC”, the

                                                                                                                                                                                                                     During the reporting period, we invested a total fund of

and encourage all employees to adopt innovative measures for energy saving and emission reduction. Based on advanced                    “Water Pollution Prevention Law of the PRC” and the “Solid

                                                                                                                                                                                                                     RMB 174.682 million in environment protection.

tools such as digitization, we continually reduced the environmental impacts of our own operations.                                     Waste Pollution Prevention Law of the PRC” in carrying out

                                                                                                                                        pollutant management.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

We formulated internal management systems such as the “Administrative Regulations on Civilized Construction of

Engineering Projects” for hazardous wastes and general industrial wastes generated in our production and operation, and                      We insisted on choosing environment-friendly raw materials and tried to reduce our environment impact at the source

controlled all wastes generated by factories in the whole process. Necessary measures to prevent stir-up, permeation or                      to ensure that our products were free of substances such as lead, mercury, nickel, hexavalent chromium, PBB, PBDE and

environment pollution were adopted by us during the waste recycling, storage, transport and disposal. Each department                        met the national standards and regulations such as the “Requirements on Banned Substances in Vehicles” (GB/T 30512-

confirmed the waste handover point and the wastes were collected and transported by designated staff to the centralized                      2014). Besides, we also formulated management systems such as the “Management System for Safety of Hazardous

warehouse for storage and disposal.                                                                                                          Chemicals”, the “Management System for Handling of Hazardous Chemicals” and the “Management Regulations on

                                                                                                                                             Precursor Chemicals”, strictly implemented the hazardous chemical supervision, established management systems such

                                                                                                                                             such as purchase, storage, use and waste disposal in the whole process.

Our waste gas mainly include waste gas

generated in our production process, the dusts

                                                              ◆ Reduction of waste gas discharge in our Zunyi factory

stirred up during our construction and the                                                                                                       Hierarchical control                                Normalized control                           Registered use and disposal

                                                              •The lithium hydroxide crushing system in our Zunyi factory used the air

waste gas generated in our sewage treatment

                                                                separation system to reuse the nitrogen discharged and lowered the              •Three-level control: we established a              •Daily supervision: We established          •Entry and exit registration: We adopted

plant. Each production base of us formulated                    crushing system’s energy consumption. In 2022, the air-nitrogen ration                                                                                                              entry and exit management for our

                                                                                                                                                  chemical supervision system of safety                a daily inspection record form and

s y s t e m s a n d re g u l a t i o n s s u c h a s t h e      of PSA nitrogen-generating system was 4.5:1, which was estimated to               management at three levels, namely                   carried out daily inspection and record      chemical warehouse, made registration

“Administrative Regulations on the Control of                   save power of 1,400,000 kwh throughout the year.                                                                                                                                    records in time to ensure consistency

                                                                                                                                                  the corporation, departments and                     of the hazardous chemical warehouse;

                                                                                                                                                                                                                                                    between account book and supplies

Atmospheric Pollution” and the “Administrative                                                                                                    teams;                                             •Special investigation: our department

                                                                                                                                                                                                                                                    and avoid the use of expired chemicals.

Regulations on the Civilized Construction of                                                                                                    •Focused supervision: We established a                and company would inspect the

                                                              ◆ Transformation of waste gas discharge technology in                               chemical management system and list                  chemical warehouse irregularly to

                                                                                                                                                                                                                                                  •Compliant disposal: We regularly

Engineering Projects”, implemented daily                                                                                                                                                                                                            checked the entry time of hazardous

                                                              our South Korea factory EMT                                                         to supervise the hazardous chemicals,                ensure the storage safety of chemical

inspection and maintenance requirements,                                                                                                                                                                                                            chemicals, evaluated and discarded

                                                                                                                                                  establish a special warehouse for                    warehouse.                                   expired chemicals and disposed them

supervised the construction organizations and                 •Our South Korea factory EMT improved our waste gas with rotary kiln               hazardous chemicals and post safety                                                               as hazardous waste so that the whole

project sites to ensure that waste gas reached                  filter bags and changed the filter bags from parallel connection to series        warning labels.                                                                                   process was under control.

                                                                connection, changed the internal cartridge filter to a folding style, as a

the standard in a real-time manner. Besides,

                                                                result of which the nickel content of hazardous matters in the waste gas

we made innovations to reduce the waste                         emissions was lowered by 95.8% and was controlled effectively within

gas and pollutants, eliminating our impact on                   the standard range.                                                                                                            Our daily management measures for chemicals

atmospheric environment from the root.

                                                                                                                                             We developed special emergency schemes for hazardous

                                                                                                                                             chemicals, regularly carried out emergency drills such

Our waste water mainly included life sewage and production

                                                                                  ◆ Waste water recycling and treatment                      as leak accidents in the handling of sodium hydroxide

waste water. We developed management procedures at the

                                                                                  technology application                                     and organized training such as use safety of precursor

level of subsidiaries such as the “Management Procedure for the

                                                                                                                                             and explosive chemicals, safety knowledge of hazardous

Control of Water Pollution” and the “Management Procedure for                     •During the reporting period, in order to further

                                                                                                                                             chemicals and emergency disposal. We regularly

Environment Protection Facilities” to ensure that waste water                       reduce the discharge of production waste water,

                                                                                    we achieved recycling of waste water by optimizing

                                                                                                                                             conducted special inspections on chemicals in the

treatment facilities were running normally. During the reporting

                                                                                    our waste water treatment process. Currently, our        factory, sorted out the registration and requisition records

period, we employed new processes for resource recycling to

                                                                                    recycling and utilization rate reached 96%. Each year,   of chemicals, conducted risk evaluation and intensive

recycle waste water, further reduce the discharge of pollutants

                                                                                    we can save a waste water treatment cost of millions     monitoring on new chemicals to ensure that risks were

and achieve the goal of standard waste water treatment and                          of RMB.

                                                                                                                                             under control.

resource recycling.

     Caring about Employees,

                                                      We introduced internal online learning platform to release over 3,000 external general courses and eight

                                                      selected courses.

                                      Health and safety guarantee

     Ushering in the Future                           In 2022, we carried out safety-related training of 5,892 hours to train 3,473 person-times in total.

                                                      There was no workplace fatalities among our employees, with workplace injury departure rate decreasing

                                                      by 66.7% than 2021.

                                                      subsidiary EMT had all passed the certification of ISO 45001 occupational health and safety system.

                                      respected and guaranteed the rights and benefits of every employee, attached high importance to their diversified

                                      development and comprehensive cultivation. Through methods such as partnership mechanism, safeguarding the rights

                                      and benefits of employees, employee training, communication and care, we achieved an organic integration between our

                                      strategy of “organization, professionalism and globalization” and our talent management to constantly pursue common

                                      growth between employees and the enterprise.

                                      Around our New Integration Strategy, we tried to establish an operating architecture of three systems based on Shared

                                      Service Center (SSC) and supported by Center of Experts (COE) and Business Partnership (HRBP), developed an

                                      organizational operation mechanism, a talent management and development system and a corporate culture system

                                      adapted to our strategy to form a global HR ecosystem rich in innovation and cultural inclusiveness and continually realize

                                      the values of human capital.

                                      Upholding an employment concept of fairness and                 guaranteed their work and life abroad, but also respected

                                      equity and taking factors like skills and performance           the local culture of our overseas factories. We emphasized

                                      as our measurement criteria, we never discriminated             localized construction, strengthened the employment and

                                      any employees regardless of their ages, gender, race,           cultivation of local employees, fully unleashed the roles

                                      nationality, marriage and family status, health condition and   of local management and backbone employees in the

                                      religion, and insisted on zero tolerance towards child labor    company’s operation management, thus providing a strong

                                      and forced labor. Meanwhile, we valued the development          support for the company to expand overseas markets and

                                      and management of our overseas employees, not only              achieve a global layout.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

We established a complete HR management system,                     academic performance.                                        We insisted on equal pay for equal work, developed                               benefit and seek common development and arouse their

opened transparent recruitment channels such as public                                                                           normative documents such as the “Salary Management                               working enthusiasm to the largest extent. Meanwhile, we

domain websites and local employment websites. Through              2.Fair and equal environment for human resource              System” and “Year-end Bonus Management System”                                   also established the “Management System for Employees

complete recruitment mechanisms and comprehensive                   We established basic principles and requirements such        to establish a scientific, reasonable salary system. We                          Dispatched by Ronbay Overseas” to confirm the pay

salary system, we regulated our recruitment process to              as legal employment, respecting human rights and             observed the principle of “allocation according to the                           and welfare policies for those employees sent abroad,

provide strong support for the company to introduce                 safeguarding legal rights and benefits of employees to       amount of work done”, kept improving the fairness                                guarantee their work and life, so as to satisfy the company’s

talents. Meanwhile, we launched industry-academy                    ensure that all employees of Ronbay and our supply chain     and equity of salary allocation so as to arouse the work                         requirements for sustainable development and support the

cooperation with renowned universities and research                 could enjoy respect and esteem and establish a culture       enthusiasm of our employees and improve their working                            company’s development strategy.

institutes such as Zhejiang University, Central South               of safety, respect, fairness and inclusiveness for all our   efficiency. By establishing entrepreneurial platforms for

University, Northeastern University and Ningbo Institute of         employees.

Materials of Chinese Academy of Sciences, and provided

     During the reporting period, we had a total of 4,644 employees, 100% of whom had signed a contract. They classified

     statistic data are as follows.

                                                                                                                                 We emphasized the employees’ ability development, always advocated that employees should be baptized by culture and

                                                                                                                                 empowered by management, open up their mind and keep improving through learning and innovation. We promoted the

                                                                                                                                 construction of our talent system, continually perfected our talent cultivation system to promote the career development

       By gender                                                     By age

                                                                                                                                 of our employees, prepare and reserve talents for the company and provide strong support for the company’s high-quality

                                                                                                                                 development, while supporting the implementation of our New Integration Strategy.

         Male                                          3545              <30                       1663

         Female               1099                                      30-50                                      2754          5.2.1 Talent System Project

                                                                         >50       227                                                                                                                            operation more efficient. In addition, we made our core

                                                                                                                                 We gradually promoted the construction of our talent

       By education background                                                                                                   system, diagnosed and analyzed our organizational                                talents achieve great progress in cultural blend and abilities

                                                                                                                                 structure scheme at the levels of corporation and                                through methods such as personnel communication,

                    Doctor       17                                                                                                                                                                               interview, appointment communication and training.

                                                                                                                                 department, followed up the promotion and turnover

                    Master                       491                                                                             of our cadres at the senior, medium and basic levels,

                                                                                                                                 documented our organizational structure and signed

                  Bachelor                                              1125                                                                                                                                      We managed talent cultivation in the whole process of

                                                                                                                                 approvals for promotion and transfer of cadres, developed

                                                                                                                                 new organizational adjustment scheme and personnel                               “selection, cultivation, employment, retention, dismissal

             Junior college                                   775

                                                                                                                                 adjustment scheme to empower our talent growth. In 2022,                         and reserve” so as to satisfy the demands of our business

       Technical secondary                                                                                  2236                 we organized organizational diagnosis and adjustment                             for talents and achieve our success and the growth of

          school and below

                                                                                                                                 to improve our organizational construction, optimize our                         individuals.

Moreover, we attached high importance to the rights and benefits of female employees and actively protected their legal                                    “Little Eagle Plan”                                                                     “Eagle Plan”

rights and benefits by developing special labor protection policies for female coworkers. The company offered paid leaves

                                                                                                                                                                                                                     The “Eagle Plan” covers the cultivation of cadres at the senior, medium and basic

such as prenatal check-up leave, maternity leave and breastfeeding leave for female coworkers, and adjusted their work              “Little Eagle Plan” covers learning and blend, training on positions and

                                                                                                                                                                                                                     levels, covering all management staff. In addition, we also had three-month

                                                                                                                                    accelerated growth, providing all-round training support for newly employed

content and arrangement during pregnancy and breastfeeding according to the actual situation to support their career                                                                                                 integration plan for new employees recruited from society and professional

                                                                                                                                    university graduates to join the workplace.

                                                                                                                                                                                                                     training programs, which achieved a full coverage and gradually cultivated the

development and retention.                                                                                                                                                                                           talents into successors of key positions and reserve talents.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                 New employees                                                         Functional cadres

                                                                                                                                            We held seven training sessions for new employees recruited           We held five offline training sessions for functional cadres in the

                                                                                                                                            from society, involving 363 participants, with a coverage rate of     corporation, involving 88 person-times, covering all medium-

                                                                                                                                            We held 16 training sessions for new employees recruited              We held five offline training sessions for functional cadres in the

                                                                                                                                            from society, involving 355 participants, with a coverage rate of     corporation, involving 3,578 person-times, covering all middle-

                                                                                                                                                               Professional talents                                                        Senior staff

                                                                                                                                            We held a total of 22 online open courses and 13 online               We held 55 training sessions for director of each department,

                                                                                                                                            enterprise.

                                                                                                                                                                                                                  involving 1,391 person-times.

                                                                                                                                                                                                                  We held 48 training sessions for manager of each department

We attached importance to the career development                         We were firmly convinced that talent was the driving                                                                                     or higher positions, involving 1,135 person-times.

planning of our employees, promoted the construction of                  force for our continuous development. In 2022, we further

our talent system project. Through organizational diagnosis              strengthened the construction of the Ronbay Academy,                                                           Training and development course system

and analysis and talent structure analysis, we developed                 with an aim to build a most innovative university in the

new organizational adjustment scheme and personnel                       new energy industry and fully upgrade our technology

adjustment scheme, created career development                            talent cultivation system. Meanwhile, we planned to build a    During the reporting period, we organized continuous and                the morale of our team, spread our internal experience

opportunities and smooth development channels for                        physical base of Ronbay Academy of 400 mu in Xiantao of        diversified training courses according to the company’s                 through executive series courses, business giants’ sharing

our employees. During the reporting period, through                      Hubei. Other than internal empowering, based on industrial     requirements for production and operation, such as                      and spread of internal experience, and through exploring

organizational diagnosis and adjustment and optimization                 exchange, management research and consultation with            institutional and cultural training, leadership training,               real cases, analyzing problems, passing on knowledge,

of related processes and mechanisms and analysis of our                  related business, we were trying to build a carrier platform   universal knowledge and literacy training and professional              learning skills, tools and methods to empower the

talent structure, more than 100 cadres had been promoted,                linking with our business strategy, training our internal      skill improvement training. In terms of induction training              employees’ efficiency. In 2022, the Eagle Action series

and the executive force and enthusiasm of our cadres and                 talents and empowering our industrial chain.                   for new employees, we offered training by combining                     launched a total of 12 training sessions, involving 4,338

management had well improved.                                                                                                           theory and practice, involving contents such as professional            person-times and covering all employees, with 71 cases

                                                                                                                                        quality, corporate culture, rules and regulations, product              and figure introductions shared. The training had been built

                                                                                                                                        knowledge, process and technology, and arranged                         into a mechanism of mobilization and interaction at each

                                                                                                                                        new employees to learn and understand the content in                    level.

      Cultivation of new                                                    Cultivation of                                              the combination of theory and practice. As to external

                                         Cultivation of cadres                                            Management research

      employees                                                             professional talents                                                                                                                Meanwhile, we introduced internal online learning platform,

                                                                                                                                        training, we organized training on quality control system

                                                                                                                                                                                                                introduced over 3,000 external general courses, with eight

                                                                                                                                        and sustainable development to effectively enhance the

                                                                                                                                                                                                                selected courses such as executive series course and

                                                                                                                                        employees’ quality system awareness, improve our quality

                                                                                                                                                                                                                business giant series course. Through the evaluation and

                                                                                                          Empowering with               control level, finish our internal sharing and training in time,

      Improvement of                                                                                                                                                                                            tracking of training and analyzing the training effects, we

                                       Co-building workshop              Open professional courses        internal management

      common skills                                                                                                                     laying a foundation for the improvement of the employees’

                                                                                                          experience                                                                                            ensured that the employees had indeed mastered the skills.

                                                                                                                                        special abilities. As to internal training, we enhanced the

                                                                                                                                                                                                                In the future, we will continue to upload learning materials,

                                                                                                                                        employees’ comprehensive abilities and the company’s

                                                                                                                                                                                                                build online lecturer base and database to promote talent

                                                                                                                                        operation efficiency by organizing management system

                                                                                                         Empowering industrial                                                                                  development and fully digitize learning in the company.

       Selective courses                      Leadership                   Special quality projects      chain with internal            training, corporate culture publicity and training, safety

                                                                                                                                                                                                                During the reporting period, we offered training of 49,041

                                                                                                         management experience          training, and professional skill training for each position.

                                                                                                                                                                                                                hours in total to our employees, with a coverage rate of

                                                                                                                                        We launched the “Eagle Action” series training to enhance               100%.

                                                              Our technology tale

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

Adhering to the career development management                         competitiveness in terms of pay and welfare. During the       We listened to the voice of our grassroots employees actively through four major communication channels, including

principles for our employees “tapping full potential of               reporting period, we developed salary adjustment schemes      earnest talks and informal discussion with cadres, visits from executives and internal interviews. In addition, we established

talents in seeking common development”, we launched                   including promotion pay rise, performance pay rise, special   social groups of employees and cadres to follow up the problems and suggestions from our employees, and reply to and

promotion of employees in rank and position openly                    pay rise, CPI pay rise and pay rise for fresh graduates.      address their questions in time.

and fairly each year and encouraged the diversified

                                                                      Our limited stock incentive plans were underway normally,

development of talents. In accordance with the career

                                                                      playing an important role in improving our salary and

growth demands of the employees, we adopted measures                                                                                      Earnest talks with employees

                                                                      welfare system and continually attracting and retaining

such as internal transfer and competition to help our

                                                                      the talents. In 2022, we finished the first phase of equity       In August 2022, in order to better implement

employees widen their career development path.

                                                                      unlocking, with the first category of unlocked people at          the spirit of Eagle Action, enhance the morale of

                                                                                                                                        employees, listen to their voice and encourage

We kept improving our salary and welfare system, rewarded             160 persons, and 1,529,411 shares unlocked; the second

                                                                                                                                        all employees to be devoted to the Eagle Action

those employees with an excellent performance and                     category of attributable people at 172 persons, with              sprint actively and continually,we held earnest

development potential to solidify our attractiveness and              3,079,372 attributable shares.                                    talks with employees of the fourth season in

                                                                                                                                        succession.

                                                                                                                                        Everyone launched in-depth exchange around

                                                                                                                                        h o t i s s u e s s u c h a s p ro j e c t ma na g e m e n t

                                                                                                                                        and production safety and proposed several

        The commendation ceremony of our Eagle                                                                                          rational suggestions in a relaxing and delightful

        Action                                                                                                                          atmosphere. The earnest talks had effectively

                                                                                                                                        shortened the distance between leadership

        In order to mobilize the enthusiasm of all employees and

                                                                                                                                        and employees and enhanced their mutual

        arouse their working potential, our Xiaocao’e subsidiary

                                                                                                                                        understanding; reached a consensus among

        held a grand commendation ceremony for the Eagle Action.                                                                        them through exchange of thoughts and sharing

        This time, 3 excellent Eagle Action teams, 6 excellent team                                                                     experience. As a result, everyone was more

        leaders and 10 active members were selected. The award-                                                                         confident with a firmer goal.

        winning teams expressed recognition towards the Eagle

        Action platform and said that in their future work, they

        would stick to higher standard requirements and encourage

        more coworkers to seek common progress.

                                                                                                                                     Each year, we carried out a satisfaction

                                                                                                                                                                                                       Goals and requirements               Resource support

                                                                                                                                     degree survey among our employees in

                                                                                                                                     the form of questionnaire. We surveyed

                                                                                                                                                                                                        Unleashing strengths            Appreciation and praises

                                                                                                                                     our organizational atmosphere around 12

                                                                                                                                     dimensions such as goal and requirements,                           Care and attention            Encouraging development

                                                                                                                                     resource support, learning and growth, and

                                                                                                                                     launched the rectification according to the                          Valuing opinions                    Work values

                                                                                                                                     rational suggestions from the employees.

                                                                                                                                     During the reporting period, we handed out                                Teams                            Partners

We valued humanistic care for our employees and encouraged equal dialogues between employees, or between the                         a total of 4,579 questionnaires and received

superior and the subordinate. We were convinced that good, harmonious and sincere interpersonal relations and the                    3,523 valid questionnaires, with an overall                             Progress                     Learning and growth

working atmosphere of harmony, mutual trust and common progress were the foundation for us to work efficiently. We                   participation proportion at 77%.

provided our employees with smooth dialogue channels, considerate care, complete welfare and diversified activities so as                                                                                  Dimensions of organizational atmosphere survey

to keep improving their sense of belonging and happiness.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                        The 4th funny sports meeting of Ronbay Guizhou

While guaranteeing that our employees enjoy basic rights            them with convenient accommodation. During festivals

                                                                                                                                        In May 2022, the 4th funny sports meeting of Ronbay Guizhou was

and benefits, we kept enriching our welfare and providing           and holidays, we handed out welfare cards, gift boxes

                                                                                                                                        kicked off at the basketball court. Seven teams participated in the

our employees better treatment. Starting from the basic             and allowances to them, indeed seeking more welfare to

                                                                                                                                        funny team competition, of which one special team organized by

necessities of our employees, we built a canteen at our             enhance their sense of recognition and belonging with

                                                                                                                                        the management and cadres also joined the event.

production bases to improve their dining environment and            Ronbay.

quality, and built dorms at our production bases to provide

                                                                                                                                        Continuing with innovation and shouldering the

                                                                                                                                        mission with a revolutionary spirit

                                                                                                                                        In June 2022, Ronbay Hubei joined hands with its excellent partner

                                                                                                                                        China Merchants Bank to launch a Party and Youth League co-

                                                                                                                                        building activity with the theme of “Embracing the Future with

                                                                                                                                        Concerted Effort” to further arouse the work enthusiasm of the

                                                                                                                                        employees, strengthen the team’s vitality and unity and promote

                                                                                                                                        the stable development of business.

In July 2022, the dorm building was transformed into an R&D office In October 2022, Wuhan Ronbay finished decoration as the employees

building at our industrial park in Tanjialing, Yuyao of Ningbo.    moved in.

                                                                                                                                        The 4th funny sports meeting

                                                                                                                                        In July 2022, in order to enrich the employees’ after-work cultural

                                                                                                                                        life and arouse their enthusiasm in sports, the Trade Union

                                                                                                                                        Committee of Ronbay Hubei and the General Office held the 4th

                                                                                                                                        funny sports meeting together, exhibiting the healthy, positive,

                                                                                                                                        company.

In 2022, our headquarters and subsidiaries organized a rich variety of employee activities to strengthen their vitality and

cohesiveness and create a healthy and positive cultural atmosphere.

                                                                                                                                        Party Day activity with the theme of “Being a

         The 112nd International Women’s Day                                                                                            Pioneer of the Era, Building Industrial Clusters”

         In March 2022, we organized presentation of fresh flowers, a trip                                                              In July 2022, in order to fully unleash the pioneering and model role

         to the Daren Village and artistic flower arrangement with the                                                                  of Party members in improving services, optimizing management,

         theme of “women’s striving effort to co-build the most beautiful                                                               R&D and innovation and overcoming difficulties, the Party branch

         Ronbay”, sending our festive greeting and blessing to our female                                                               organization of Ronbay Ningbo launched a Party Day event of“Being

         coworkers.                                                                                                                     a Pioneer of the Era, Building Industrial Clusters”, and re-visited the

                                                                                                                                        Long March Education Base and Xiangshan Maoyang Patriotism

                                                                                                                                        Education Base.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

         Series activities of “Boosting Spirit of Employees, Empowering Eagle Action”

         In the fourth quarter of 2022, we actively launched the series

         activities of “Boosting Spirit of Employees, Empowering

         Eagle Action”, which included but were not limited to funny

         sports meeting, cultural and recreational activities and skill

         competition to encourage the employees to be devoted to the

         fourth season of Eagle Action with greater determination and

         confidence, and accumulated strength for the work to be done

         in the fourth season with faster speed, higher efficiency and                                                       We strictly observed related laws and regulations such         from the company’s production safety committee. We

         stronger cohesion.                                                                                                  as the “Law of the PRC on Prevention and Control of            included environmental safety management into the

                                                                                                                             Occupational Diseases”, the “Production Safety Law of the      annual performance evaluation indicators at each level so

                                                                                                                             PRC”, the “Administrative Regulations on Occupational          as to achieve comprehensive supervision and management

                                                                                                                             Health at Workplaces”, developed and implemented               on environmental safety.

                                                                                                                             rules and systems related with production safety such

         Healthy Running                                                                                                                                                                    ◎ Construction risk management system

                                                                                                                             as the “Administrative Regulations on Potential Hazards

         In November 2022, the running interest group and trade union                                                        Identification” and “System of Rewards and Penalties           We established a construction risk management system to

         committee organized a healthy running event with the theme                                                          for Environmental Safety”, required all middle and high-       reduce the risks of accidents, compiled and implemented

         of “Yue Running, Youth and Health in Reaching the Height like                                                       level cadres of the environmental safety department to         32 construction safety management system documents

         an Eagle” to celebrate another new height achieved by Ronbay                                                        sign a letter of responsibility on safety and environment      of engineering projects and implemented them in all our

         Hubei in monthly output, strengthen the company’s spiritual                                                         protection, linking production safety with the salary and      projects. We established a normalized and compliant

         civilization and corporate culture construction and enrich the                                                      performance of each department and executives and              diagnosis and supervision management mechanism and

         sports and cultural life of employees.                                                                              confirming the management requirements and standards           a construction safety appraisal mechanism for projects.

                                                                                                                             for each issue such as safety management, potential            Construction control was introduced at the stage of

                                                                                                                             hazards identification, emergency management and               feasibility demonstration of the projects, importing

                                                                                                                             accident penalties.                                            related laws and regulations, including standards such

                                                                                                                                                                                            as environment protection, occupational health and fire

                                                                                                                             In order to fulfill our production safety goals, we observed   prevention and planned and implemented the safe and

                                                                                                                             the norms of “three managements and three musts”,              civilized construction schemes after the subcontractors

                                                                                                                             strictly implemented the core requirement that “the head

                                                                                                                                                                                            entered the construction site and during the construction,

                                                                                                                             of each organization is the primary person in charge of        trying to identify and control the risks throughout the

                                                                                                                             safety”, established a safety management architecture          construction period.

                                                                                                                             from top to bottom covering the headquarters, subsidiaries

We always put at the first position to strengthen production safety and protect the health of our employees. We              and each production unit, and strictly implemented             ◎ Hidden hazard identification mechanism

implemented the management guideline of “putting safety first based on prevention and comprehensive governance”,             the responsibility system for production safety. As the        We carried out comprehensive compliance diagnosis and

established a complete occupational health and safety management system, and on the basis of strengthening the safety        safety supervision and management organization, our            hidden hazard identification in every production base in

red line management, continually enhanced the construction of substantial safety, practiced the goal of “zero accident” in   production safety committee set up a leading group             China. Our production bases adopted hierarchical control

production safety, with an aim to become an industrial benchmark for safety and create a healthy and safe working and        composed of senior management, responsible for                 and dual-prevention mechanism and encouraged all

living environment for our employees.                                                                                        inspection and supervision of production safety. Each          employees to participate in hidden hazard identification

                                                                                                                             business department and subsidiary of Ronbay also had          based on the award for reporting hidden hazards.

                                                                                                                             a production safety committee subject to the supervision       Meanwhile, we addressed and regulated the production

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

safety problems and potential safety points to improve                   the abilities of our employees to handle emergencies and               ◎ Safety education and training

by means of continuous rectification, tracking and                       protect themselves. In 2022, we organized a total of 38

                                                                                                                                                In addition, we regularly launched Production Safety Month                           Special safety series activities

optimization, so as to ensure that our production could                  various drills such as hazardous chemical emergency drills,

                                                                                                                                                activities each year, and were deeply aware of the safety concept                    themed as “Observing Production

continue steadily. During the reporting period, we had                   special emergency drills for accidents in confined space,              that “safety is our responsibility”. Through various activities and

identified a total of 7,476 environmental safety hidden                  special emergency drills for pandemic prevention and

                                                                                                                                                                                                                                     Safety Law as the Primary Person in

                                                                                                                                                training, we created a strong atmosphere of safety and promoted

hazards, with a rectification rate of 100%.                              control, comprehensive emergency drills for fire accidents             all employees to develop a safety red line awareness and safety

                                                                                                                                                                                                                                     Charge”

                                                                         in finished product warehouses, special emergency drills               development concept. We also regularly shared penalty cases                          In order to actively respond to the call of national

◎ Safety warning and emergency mechanism                                 for sunstroke and emergency drills for fire accidents in               for violations of production safety in our internal publications.                    “Production Safety Month”, each base of Ronbay

We regularly organized safety emergency drills to enhance                                                                                                                                                                            convened a mobilization meeting, launched safety

                                                                         hazardous waste warehouse.                                             Through the study of typical cases, we urged the head of each

                                                                                                                                                                                                                                     education and training activities such as on-site

                                                                                                                                                business department, subsidiary and department to indeed                             safety hazard identification, workshop team meetings

                                                                                                                                                fulfill their production safety responsibility, strengthen the safety                and safety knowledge quiz. 100% of the employees

                                                                                                                                                awareness of all employees and keep improving the substantial                        in each production base had been involved. On the

                                                                                                                                                safety of the company. In 2022, our safety education and                             basis of strengthening safety awareness, each base

                                                                                                                                                                                                                                     actively carried out special safety governance, fully

                                                                                                                                                training themes included regulations on precursor and explosive

                                                                                                                                                                                                                                     identified safety risks in the production areas and

                                                                                                                                                chemicals, occupational health and hygiene, high-risk operations,                    took a preventive move to further enhance our safety

                                                                                                                                                change management, introduction to the standardization system                        management.

                                                                                                                                                of production safety and production safety responsibility system.

                                                                                                                                                We also invited external medical workers to give health instruction

                                                                                                                                                and conventional training to our workers. During the reporting

                                                     Photos of our emergency drill scenes

                                                                                                                                                period, we organized training for 158 times to train a total of 3,473

                                                                                                                                                person-times with a length of 5,892 hours and fully strengthen

                                                                                                                                                our safety management, with our work-related departure rate

                                                                                                                                                declining by 66.7% than 2021.

       Special improvement of environmental                                   Special improvement of environmental

       safety in our Xiaocao’e factory                                        safety in our Tanjialing factory

       During the reporting period, we launched reconstruction of             During the reporting period, our Tanjialing factory launched

       rainwater open channel, MVR facilities and hazardous waste

       warehouse at our Xiaocao’e factory with a total investment

                                                                              work such as odor treatment for our waste water treatment

                                                                              facilities and fire safety upgrade of our workshop with a total

       of RMB 5.70 million, achieving 100% rain-sewage diversion              investment of RMB 900,000. As a result, unorganized waste         By updating our rules and regulations such as the“Administrative Regulations on Labor Protection Supplies”and the“Administrative

       in the factory, reducing the discharge of waste water and              gas emission reached the standard at our waste water plant        Regulations on Labor Protection Appliance”, we effectively prevented and reduced the occurrence of occupational hazards and

       improving the factory’s safety and environment protection              and the fire safety emergency was enhanced, the factory’s

                                                                                                                                                diseases. We provided extra insurance and guarantee for the staff on related positions, regularly organized occupational health risk

       level during its production and operation.                             production safety was improved, creating a comfortable

                                                                              working environment.

                                                                                                                                                warning and notification, on-site environment supervision, routine inspection, and provided the employees with corresponding

       ◆ Reconstruction of rainwater open channel: The rain                                                                                     labor protection appliance to protect their occupational health. During the reporting period, Ronbay Hubei, Ronbay Guizhou,

       closed conduit in the factory was changed to an open                   ◆ Odor treatment at waste water treatment facilities:             positive electrode factory in Yuyao, Xiaocao’e subsidiary and South Korea subsidiary EMT had all passed the certification of

       channel, set with an early collection tank for rain so that the        For the unorganized odor generated in the waste water

                                                                                                                                                ISO 45001 occupational health and safety system. There was no occupational disease incident in the corporation, and the

       rain could be collected and treated in a centralized manner            treatment, we adopted spraying process to treat the odor

       during the first 15 minutes after a rainfall to ensure that            and ensure that the emission was stable and met the               occupational health checkup of our employees achieved a qualification rate of 100%.

       rainwater discharge met the standard.                                  requirements;

       ◆ Investment and construction of MVR facilities: We                    ◆ Upgrade of workshop’s fire safety system: In order to

       invested to build MVR equipment used for production                    eliminate the hidden danger left by the original building’s

                                                                                                                                                        Occupational noise protection at our Guizhou factory

       waste water treatment, adopted the process of triple effect            fire safety construction A, we improved the workshop’s fire

       evaporation to further reduce the sewage discharge. The                safety hardware by adopting measures such as introducing                  In order to reduce the harm of production noise to our employees, our factory in Guizhou launched noise reduction transformation

       sodium sulfate generated from the evaporation could bring              fire safety evacuation signs and emergency lighting system                on the high and low-voltage power distribution room of workshop 801. After the transformation, the area’s noise had been reduced

       profits as a side product.                                             and the reserve lighting equipment at the power distribution              by 24%.

                                                                              room.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                                                         Fulfilling Responsibility to Repay the Society

                                                                                                                                               and repaying the society in different forms in our exploration and innovation of social involvement.

          Fulfilling Responsibility to                                                                                                         Adhering to the “ecological” concept of our New Integration Strategy, we were committed to building

                                                                                                                                               a social ecosystem of mutual coexistence and blend and joining hands with all quarters of society

                                                                                                                                               to create good community relations, promote public benefit activities and try our best to repay the

          Repay the Society                                                                                                                    society and embrace a brighter future.

          In 2022, we launched humanistic care among the vulnerable groups in local communities by means of greeting and          Loving donation to warm the campus - loving

          charity donations. We continually worked with stakeholders to fulfill our social responsibility. During the reporting   donation held at Qingjiang Elementary School

          period, we donated a total of RMB 300,000 for the development of public welfare in communities.

                                                                                                                                  in Shenxi Town

                                                                                                                                  Children are the future and hope of our country and the focus of

            Making some contribution to boosting rural                                                                            our attention all the time. On August 29, 2022, the trade union

                                                                                                                                  of Ronbay Guizhou organized a loving donation at Qingjiang

            revitalization - our contribution to the boosting

                                                                                                                                  Elementary School by sending various school supplies and

            of consumption of agricultural products from

                                                                                                                                  sports equipment such as schoolbags, pencil sets, markers,

            Daliang Mountains                                                                                                     badminton rackets, chess, gobang, basketballs and badminton.

           In 2022, we actively responded to the national rural revitalization                                                    Through close contact and warm exchange, the kids felt care

           strategy, trying to support the poverty relief effort of the Daliang                                                   from the enterprise.

           Mountains region in Sichuan. Our Xiaocao’e subsidiary purchased

           agricultural and sideline products such as edible oil and buckwheat

           noodles with a value of about RMB 50,000 from Daliang Mountains

           and handed them out as greeting welfare for our employees.

                                                                                                                                  Staying true to original aspiration and carrying on the revolutionary spirit - a greeting trip to the

                                                                                                                                  veterans of the War to Resist US Aggression and Aid North Korea

                                                                                                                                  On November 22, 2022, Ronbay Hubei joined hands with the federation of trade unions and the Urban and Rural Integrated

                                                                                                                                  Development Bureau of Gedian Development Zone to launch a greeting trip to the veterans of the War to Resist US Aggression and Aid

                                                                                                                                  North Korea. They learned in detail about their physical status and living conditions, listened carefully to their extremely hard and bitter

            Warm love - greeting the senile and lonely                                                                            stories of fighting in the war, and provided the old ex-servicemen with spiritual comfort and material support so that they could feel care

            elderly people in Longjiang and Qingjiang                                                                             and respect from the society.

            villages

           In order to carry forward the traditional virtues of Chinese people

           and express gratitude to the workers of the era for their hard work,

           on April 28, 2022, our trade union organized a greeting trip of love

           to the senile and lonely elderly people in Longjiang and Qingjiang

           villages of Guizhou Province. A delegation of staff from Ronbay

           Guizhou sent their care to the elderly people, carrying various life

           supplies such as rice, flour and edible oil, clothes and tissues and

           healthcare products for the elderly such as fish oil, calcium tablets

           and protein powder.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                                                   Appendix 1 / Appendix 2

Appendix 1 Chronicle of Events of Ronbay in 2022                                                                              Appendix 2 Honorary awards

                                                                                                                               Award

Serial No.                                                    Chronicle of events in 2022                                                               Awarding institution                                 Name of award

                                                                                                                               winner

              The company’s “New Integration Strategy signing & Xiantao positive electrode base commencement                                                                                The best listed company in the ESG sci-tech

                                                                                                                                        Cailian Press and Sci-tech Innovation Board Daily

              ceremony” were held to signal that the New Integration Strategy was officially launched in Hubei. We signed                                                                   innovation board in 2022

              a series of new integration cooperation agreements with the Hanyang district of Wuhan, and officially

              invested to build our headquarters in central China and our Research Institute of New Energy Technology.                                                                      “Top 50 Chinese enterprises for innovation

                                                                                                                                        Forbes China

                                                                                                                                                                                            strength in 2022” selected by Forbes China

                                                                                                                                        China Automotive Battery Innovation Alliance        Top 10 supply chains of power battery in China

              Our Phase I of lithium battery positive material project in Chungju of South Korea was completed and put

              milestone progress in our global layout.                                                                                                                                      The influential enterprise of the year in the China

                                                                                                                                        China Business Network                              Business Network’s capital market value ranking in

              Our ultra-high nickel and high-nickel and low-cobalt products were developed: our production capacity                                                                         2022

              of positive electrode reached 250,000 tons, ranked first globally; our domestic market share of high-nickel

              ternary materials ranked first in the industry for three years in succession and our global market share took

                                                                                                                                                                                            The award for “new energy enterprises with the

              the first spot for two years in succession, as our leading advantage continued to grow.                                   Cailian Press

                                                                                                                                                                                            highest investment value in 2022”

              We were striving to promote our sodium battery positive electrode material business and had taken the

              lead in the market.                                                                                                                                                           National post-doctoral scientific research

                                                                                                                                        Human Resource and Social Security Administration

                                                                                                                                                                                            workstation

              In July 2022, Ronbay Technology held a strategy release event of 2022 in Yibin, Sichuan in the form of an

                                                                                                                                        Ministry of Industry and Information and China      A national single champion in the manufacture

              material supplier covering all markets.

                                                                                                                                        Federation of Industrial Economy                    sector

                                                                                                                               Ronbay

              We signed a package of agreements in Xiantao and Hubei, as our battery triangle fund had raised RMB 2.65

              billion in total. We signed a letter of intent with Changjiang and Ezhou.                                                 Science and Technology Bureau of Ningbo             A major science and technology project of Ningbo

              Our first private placement application was reviewed and approved by the SCRC, which planned to raise a

              fund of RMB 5.428 billion.

                                                                                                                                                                                            A key enterprise to be fostered as a single

                                                                                                                                        Economy and Information Bureau of Ningbo

              We signed a long-term procurement agreement with Liqing Resource; Ronbay Battery Triangle Fund                                                                                champion in Ningbo

              IPO in Hong Kong Stock to further deploy upstream resources.

                                                                                                                                        Science and Technology Bureau of Ningbo             Hubei Provincial Enterprise Innovation Consortium

              We were listed among the “Top 50 Chinese enterprises for innovation strength selected by Forbes in 2022”

                                                                                                                                        Economy and Information Department of Hubei         A demonstrative enterprise for intelligent

              capital market value ranking in 2022”.

                                                                                                                                        Province                                            manufacture points in Hubei Province

              We established a normalized annual work organizational system: we established five modules including

              strategy and operation planning, organizational personnel, evaluation and motivation, full budget and                     Economy and Information Department of Hubei

              independent accounting, management reform and risk control, achieving comprehensive and systematic                        Province

              innovations.

              In 2022, we continually upgraded our “intellectual property rights”, handling 136 patent requests all year

              round, with a growth of 300% year on year, a new historic height.

              Our lithium supply chain had formed project cluster management, optimized the supply structure, with

                                                                                                                                                                                            An excellent business-academy joint innovation

                                                                                                                                                                                            center in Ezhou

              chain.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                               Appendix 3 Key performance list

Appendix 3 Key performance list                                                                                              Indicator                                Unit                                   2022

Economic performance                                                                                              Total greenhouse gas emissions             Tons of CO2 equivalent                       2151212.69

                                                                                                                  Intensity of greenhouse gas

                                                                                                                                                     Tons of CO2 equivalent/ ton of products                 24.12

                                                                                                                  emissions

                           Indicator                                            Unit                 2022

                                                                                                                  Resource use

                                                                                                                  Total water resource consumption                10,000 tons                             338,054.51

     Total assets                                                          RMB 100 million          256.60

                                                                                                                  Tap water                                       10,000 tons                             338,054.51

     Business revenue                                                      RMB 100 million          301.22

                                                                                                                  Surface water                                   10,000 tons                                  0

     Growth rate of business revenue                                                %               193.62

                                                                                                                  Water intake from other sources                 10,000 tons                                  0

     Net profit attributable to shareholders of the listed

                                                                           RMB 100 million           13.53        Total amount of recycled water                  10,000 tons                             290,486.58

     company

     Growth rate of net profit attributable to shareholders                                                       Use of materials

                                                                                    %                48.54

     of the listed company

                                                                                                                  Plastics                                            ton                                   304.68

     Basic earnings per share                                                RMB/share               3.00

                                                                                                                  Timber                                              ton                                    43.46

                                                                                                                  Paper                                               ton                                    0.90

Environment Performance List

                                                                                                                  Printing ink                                        ton                                    0.04

                                                                                                                  Waste gas

                    Indicator                                       Unit                         2022             Nitric oxide emissions                              ton                                    3.42

                                                                                                                  Sulfur oxide/sulfur dioxide

                                                                                                                                                                      ton                                    3.45

         Energy use                                                                                               emissions

         Direct energy consumption                          Tons of standard coal                68.16            Dusts                                               ton                                    45.78

         Diesel                                                     ton                           3.15            Solid waste

         Oil                                                         L                         59,593.38          Total waste water discharge                         ton                                   226,621

         Indirect energy consumption                        Tons of standard coal              84,142.69          Solid waste

         Purchased electric power                                   Kwh                      684,547,425.80       Hazardous waste                                     ton                                  1,652.85

         Steam                                                      ton                        91,823.00          General garbage (harmless waste)                    ton                                  96,095.00

         Comprehensive energy                                                                                     Recyclable waste                                    ton                                 107,957.08

                                                            Tons of standard coal              84,210.85

         consumption

         Greenhouse gas emissions 3

         Resource use                                                                                             Other than the greenhouse gas emission data, the statistical caliber of environment performance data is consistent

                                                                                                                  with the annual report.

         Scope 1                                         Tons of CO2 equivalent                 3,628.02      3

                                                                                                                  The greenhouse gas emission is disclosed based on the carbon accounting certification obtained by Ronbay in

         Scope 2                                         Tons of CO2 equivalent               318,886.61          2022 and accounted in accordance with the international standard “ISO 14064-1:2018 Specifications and Guide on

                                                                                                                  Measurement and Reporting of Greenhouse Gas Emission and Clearing”,mainly covering three areas of operation of

         Scope 3                                         Tons of CO2 equivalent               1,828,698.06

                                                                                                                  Ronbay, namely Guizhou, Hubei and Wuhan.

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                       Appendix 3 Key performance list

Social performance

                                 Indicator                            Unit            2022                            Indicator                                   Unit                   2022

       Employment                                                                             Female employees                                                   hours                  10.56

       Total number of employees                                     persons          4,644   By rank of position

       By Gender                                                                              Grassroots employees                                               hours                  10.65

       Number of male employees                                      persons          3,545   Middle-level management staff                                      hours                   8.99

       Number of female employees                                    persons          1,099   Senior management staff                                            hours                    3

       By age                                                                                 Product R&D and innovation performance

       Number of employees ages 50 or above                          persons          220     Product R&D investment                                           RMB 10,000              48655.43

       Number of employees ages between 30 and 50                    persons          2,726   Number of researchers                                             persons                  599

       Number of employees ages 30 or below                          persons          1,698   Proportion of researchers with master or doctor degree               %                    45.08

       By education background                                                                Product quality and safety

                                                                                              Total number of violations of laws and regulations by provided

       Technical secondary school and below                          persons          2,236   products and services in terms of health and safety and            cases                    0

       Graduation from3 junior college                               persons                  labeling

                                                                                              Total number of violations of laws and regulations in terms of

                                                                                                                                                                 cases                    0

       Undergraduate                                                 persons          1,125   market promotion

                                                                                              Total number of violations of laws and regulations in terms of

       Master                                                        persons          491                                                                        cases                    0

                 Indicator                                    Unit             2022           customer privacy

       Doctor graduates                                              persons           17     Proportion of the sold or shipped products to be called back

                                                                                                                                                                   %                      0

                                                                                              due to safety and health

       By rank of position

                                                                                              Number of complaints received on products and services             cases                    3

       Grassroots employees                                          persons          4,509

                                                                                              Complaint handling rate of products and services                     %                     100

       Middle-level management staff                                 persons          121

                                                                                              Supplier performance

       Senior management staff                                       persons           14     Total number of suppliers                                           ones                   4857

       Health and safety of employees                                                         By region

       Number of employees with work injury                           cases            8      Chinese mainland                                                    ones                   4811

       Number of work injury fatalities                              persons           0      Suppliers from Hong Kong, Macau and Taiwan China                    ones                    4

       Proportion of work injury fatalities                            %               0      Overseas suppliers                                                  ones                    42

       Employee training                                                                      Local suppliers                                                     ones                   776

       Coverage rate of employee training                              %              100     Annual summary and exchange finished with suppliers                 ones                    20

       Per capita training hours                                       %              10.56   On-site visit and communication with suppliers                      ones                    24

       By Gender                                                                              Social welfare performance

       Male employees                                                 hours           10.56   Amount of charity donations                                      RMB 10,000                31.63

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                                                 Appendix 4 GRI Standards Index

Appendix 4 GRI Standards Index

 Disclosed                                                                                                                     Disclosed

 topic/item

                                     Disclosure title                                       Chapter index                      topic/item

                                                                                                                                                                Disclosure title                                     Chapter index

 GRI 1: Fundamentals                                                                                                           Anti-corruption

 GRI 2: General disclosure                                                                                                     205-1         Operation points with corruption risk assessment       2. Standard Governance and Outstanding Operation

 Organization and reporting practice                                                                                                         Conveying and training of anti-corruption policy and

                                                                                                                                             procedure

                                                                                                                               Environment

                Entities covered in the organizational sustainability

                report

                                                                                                                                                                                                    Appendix 2 Key performance list: Environment

                Influence of highest governance body in terms of                                                               Energy

                supervision and management

                The role of highest governance body in the

                sustainability report                                                                                          302-3         Energy intensity                                       4. Green Development to Improve the Environment

 Strategy, policy and practice

                                                                                                                               Water resources and sewage

                                                                                                                                             (as a public resource)

                                                                                                                                             Influence related with management and water

 Substantial issues                                                                                                                          discharge

 Economy

                The reporting organization should report how it          5. Caring about Employees, Ushering in the Future

                stated in GRI 3: 3-3                                     performance

 Economic performance                                                                                                          305-1         Direct greenhouse gas emissions (category 1)           4. Green Development to Improve the Environment

                                                                         performance                                           305-3         Other indirect greenhouse gas emissions (category 3) 4. Green Development to Improve the Environment

Ronbay Technology

Environment, Social Responsibility & Governance Report 2022

                                                                                                                                                                                                                 Appendix 4 GRI Standards Index

Appendix 4 GRI Standards Index

 Disclosed                                                                                                                  Disclosed

 topic/item

                                     Disclosure title                                   Chapter index                       topic/item

                                                                                                                                                             Disclosure title                                        Chapter index

                                                                                                                                           Employees covered by occupational health and safety

                                                                                                                                           management system

 Waste                                                                                                                      403-10         Health issues related with work                         5. Caring about Employees, Ushering in the Future

                Significant impact related with the generation of

                wastes

                                                                                                                                           Per capita training hours received by each employee

                                                                                                                                           a year

                                                                                                                                           scheme

                                                                                                                                           evaluation

 Supplier environment evaluation                                                                                            Diversified and equal opportunities

                New suppliers screened with the environment           3. Leading the Industry with the Driving Force from

                standard                                              Innovation

                Negative impacts of supply chain on environment and 3. Leading the Industry with the Driving Force from     405-2          Basic salary of male and female                         5. Caring about Employees, Ushering in the Future

                actions taken                                       Innovation

                                                                                                                            Anti-discrimination

 Society

                The reporting organization should report how it                                                             406-1          Discrimination events and correction actions taken      5. Caring about Employees, Ushering in the Future

                in GRI 3: 3-3                                                                                               Forced labor

 Employment                                                                                                                 409-1          Operation points and suppliers with forced labor risks 5. Caring about Employees, Ushering in the Future

                Welfare provided for all employees (excluding

                temporary or part-time employees)

                                                                                                                                                                                                   Innovation

 Occupational health and safety                                                                                                            Negative impacts of supply chain on society and         3. Leading the Industry with the Driving Force from

                                                                                                                                           actions taken                                           Innovation

                                                                                                                            Clients health and safety

                Hazard identification, risk assessment and accident

                investigation                                                                                                              Evaluation of health and safety impacts in the          3. Leading the Industry with the Driving Force from

                                                                                                                                           category of products and services                       Innovation

                                                                                                                                           Violations involving health and safety impacts in the   3. Leading the Industry with the Driving Force from

                Occupational health safety affairs: involvement,                                                            416-2

                consultation and communication of workers and staff

                                                                                                                            Customer privacy

                                                                                                                                           Proven complaints related with infringement on          3. Leading the Industry with the Driving Force from

                                                                                                                                           customer privacy and loss of customer data              Innovation

Environment, Social Responsibility & Governance Report 2022

Tel:0574-62730998

E-mail:ir@ronbaymat.com

Website:http://www.ronbaymat. com

Address:8th Floor, Century Jinyuan Business Center, No. 69-2 Banjing Road, Haidian District, Beijing

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