2022
Environment, Social Responsibility
& Governance Report
Stock code: 688005.SH
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
1.Thriving and Robust with a Successful Deployment 06
disclose the corporation’s management, practice and performance in economy, environment,
1.1 Company Profile 07
social responsibility and governance to all stakeholders.
1.2 Foresighted Planning 08
2.Standard Governance and Outstanding Operation 16 Time Frame
2.1 Sustainable Development Management 17 The report covers the time frame from January 1 to December 31, 2022 (hereinafter referred to as
2.2 Deepening of Governance 21 “reporting period”), tracing back to cover previous years for some contents.
3.Industrial Leadership Driven by Innovation 28
3.1 Green Procurement 30 Scope and Boundary
3.2 Innovation and R&D 33 The report’s scope of disclosure is consistent with that of the corporation’s 2022 annual financial
3.3 Quality of Craftsmanship 38 statements, covering Ningbo Ronbay New Energy Technology Co., Ltd. (Hereinafter referred to as
3.4 Customer Service 42 “the corporation”, “Ronbay Technology”, “Ronbay”, or “we”) and its subsidiaries.
4.Green Development to Improve Environment 44
Compiling Basis of the Report
4.1 Cyclic Industry 45 The report was compiled by referring to the “GRI Standards” issued by the Global Reporting
4.2 Green and Low-carbon 40 Initiative (GRI) and Chapter 8 Social Responsibility of the “No. 1 Self-regulatory Guidelines for
4.3 Three Wastes Management 50
Listed Companies in Shanghai Stock Exchange - Standard Operation”.
4.4 Chemical Management 53
5.Caring about Employees, Ushering in the Future 54 Data Sources and Reliability Guarantee
5.1 Value of HR and Employment 55 The information and data disclosed by this report come from disclosed information, statistic
5.2 Cultivation of Talents 57 reports and official documents of the corporation. The board of directors shall guarantee that
5.3 Care for Employees 60 this report is free of any false records or misleading statements and assume responsibility for the
5.4 Health and Safety 64 truthfulness, accuracy and completeness of the contents.
6.Fulfilling Responsibility to Repay the Society 68
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
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Ronbay Technology
Environment, Social Responsibility & Governance Report 2022
Message from the Chairman
Message from the Chairman chairman of the board
Bai Houshan
2022 was a year that witnessed the rapid growth and in our “three-step” strategy. According to our second-step space for our new growth. will achieve coordinated operation. In 2023, we will reform
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
50% year on year, which has laid a solid foundation for us to will invest in down-stream industries and battery recycling spatial layout. In the future, we will expand from China and our reforms of our Business Unit in the past and our research
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
2022 was a year when we truly began to implement and growth of the entire new energy battery industry. Lat year, energy vehicles is very high in China, which is near 30%, the across the corporation from three systems, namely market
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.
04 05
1.1 Company Profile
01 1.1 Company Profile
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
1.1 Company Profile supplier of positive electrode material covering all capacity of 20,000 tons in Chungju of South Korea, which
markets. is the first production capacity project of high-nickel
1.2 Foresighted Planning
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
Central China East China
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
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Environment, Social Responsibility & Governance Report 2022
1.2 Foresighted Planning
1.2 Foresighted Planning 1.2.2 Strategic Deployment in Steps
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
1.2.1 Corporate Culture industry operator. Depending on our abilities in strategy, platforms and research institutes to achieve a sustainable
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
1.2.3 New Integration Strategy
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.
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Environment, Social Responsibility & Governance Report 2022
1.2 Foresighted Planning
“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
01“Professionalism”: Our accumulated strengths in innovation,
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
02 “Integration”: Based on our extremely focused professionalism, our
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
03 “Platform”: As the diversified carrier of professionalism and manufacture base
Recycling Industry fund
foothold of New Integration, it was an important way to support our New energy carbon fixation
Ronbay Academy
core business and integrated operations.
04 “Digitization”: Innovation and upgrade of our business model was
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
05 “Ecology”: Different from the traditional integrated organic system,
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
monitoring platform Digital twin platform
Comprehensive intelligent
management platform decision-making platform
customer relations management system, the construction of
06 “Globalization”: With an open international vision, we attracted and supplier relations management system, and the construction Main business scenarios of intelligent factory
embraced the wisdom of different civilizations to build a globalized of logistics management system. Throughout the year, we Intelligent office Intelligent transport
Intelligent safety
Intelligent environment
and logistics Intelligent production
Intelligent conference
scheduling protection
room
enterprise. undertook a total of 1,676 basic operation and maintenance Convenient
passage
Mobile office
Intelligent logistics Digital sales
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
Intelligent parking center digitization adjustment of production plans
Vehicle positioning
Unified management Clients Product tracing Automatic
Intelligent scheduling deviation warning for tracking
degree of 100%. In terms of customer management, we have Logistics
coordination
digitization
Intelligent
Online comprehensive analysis
and coordination balance Intelligent process
07 “Organization”: As the source of our strategic executive force and Appointment Asset
management
warehousing Automatic generation of Automatic compiling of Intelligent energy
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
lamps
positioning of cargo
Automatic sorting of
Intelligent
Automatic and real-time
business flow Dynamic management of Big data analysis equipment
efficiency
visual sales process; in terms of supplier management, we have warehouse process card
coordination
Safety & equipment Automatic warning of Analysis of production process
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
procurement
monitoring ARC advanced control
data
Energy priority production
linked up the information flow at the procurement end and Departure after
handling
handling
Real-time query of
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
Strategic sourcing Suppliers
transformation
Automatic trigger of
procurement demands
Digital twin of equipment
Whole-process control quality
tracing Costs
combination
Intelligent park Intelligent production
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Environment, Social Responsibility & Governance Report 2022
1.2 Foresighted Planning
“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
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Environment, Social Responsibility & Governance Report 2022
1.2 Foresighted Planning
1.2.4
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
14 15
2.1 Sustainable Development Management
02 Innovation 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”.
2.1 Sustainable Development Management Our information security technology system was implemented steadily, and our operation security
center was running based on an entity.
2.2 Deepening of Governance Incorruption Construction
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
2.1 Sustainable Development
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.
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Environment, Social Responsibility & Governance Report 2022
2.1 Sustainable Development Management
2.1.1 Sustainable Development Management Structure Serial No. Stakeholders Communication Channels Focus of ESG
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
2 regulation Environment management
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
3 Employees Earnest talks
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
5 Clients R&D innovation
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
2.1.2 Communication with Stakeholders of Listed Companies” and the “Articles of Incorporation”
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
2.1.3 Identification of Major Issues
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.
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Environment, Social Responsibility & Governance Report 2022
2.2 Deepening of Governance
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,
2.2 Deepening of Governance
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”.
9.Quality assurance
We strengthened the construction of our incorruption system and created a working atmosphere of “compliance,
11.Responsible supply chain 8.R&D and innovation
1.Risk prevention and control
incorruption and fairness” to lay a solid foundation for our stable development.
17.Regional economic contribution
4.Greenhouse gas emission management
3.Compliant operation
14.Guarantee of rights and benefits of employees
Importance to the stakeholders
2.Incorruption management
10.Customer service
2.2.1 Governance Structure
15.Occupational health and safety
5.Waste management
In accordance with the “Code of Governance for Listed committee, which are responsible for supervising the
13.Employees’ training and development Companies” and “ No. 1 Self-regulator y Guidelines company’s operation management and related affairs
6.Energy management
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
12.Chemicals management of the shareholders’ meeting, board of directors and board
directors. We continued to enrich the composition of
7.Water resource management of supervisors and a corporate governance mechanism
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
16. 公益慈善 professionalism and diversity of the board. All current
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
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Environment, Social Responsibility & Governance Report 2022
2.2 Deepening of Governance
1.Organizational Reform and Innovation
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
2.2.2 System Innovation /Delivery experts experts
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.
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Environment, Social Responsibility & Governance Report 2022
2.2 Deepening of Governance
2.Operations Management Innovation
With the implementation of New Integration Strategy, new requirements were raised for our operation management. Through
2.2.3 Risk Control
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
3. Comprehensive Innovation Abilities
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
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Environment, Social Responsibility & Governance Report 2022
2.2 Deepening of Governance
□ 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
2.2.4 Incorruption Construction information and reports were kept as a secret strictly. 4.Incorruption Supervision Mechanism
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
1.Incorruption System Construction corporation, with a coverage rate of business ethics training
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.
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3.1 Green Procurement
03 Sustainable supply chain
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
3.1 Green Procurement While further strengthening the competitive edge in high-nickel material, we also accelerated our
3.2 Innovation and R&D deployment in the innovation and R&D in LMFP and sodium battery materials, with our core technology
covering related materials such as resource recycling, engineering equipment technology and solid
3.3 Quality of Craftsmanship battery.
3.4 Customer Service
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]
346 patents have been granted in total.
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.
41 clients at home and abroad conducted 41 quality reviews on our positive electrode plant, with a
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.
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3.1 Green Procurement
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
3.1 Green Procurement
◆ 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”.
3.1.1 Operation Optimization 3.1.2 Responsible Procurement
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
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Environment, Social Responsibility & Governance Report 2022
3.2 Innovation and R&D
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-
2.Communication with suppliers win cooperation. During the reporting
We kept in close contact with our suppliers, maintained active period, we finished annual summary and
communication and exchange with them in different ways
2. Procurement of conflict minerals forbidden cobalt ores had passed the certification of RMI or were on exchange of supply with 20 suppliers,
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
3. Green and low-carbon procurement
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
3.2 Innovation and R&D
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
3.2.1 Construction of R&D Platform
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,
2.R&D management system
promote our global production capacity deployment and
3.1.3 Win-win Cooperation become a leader in the global new energy material industry
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
1.Strategic cooperation signed a strategic or long-term cooperation agreement with a “Cooperation Agreement between Hubei Institute of New
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
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Environment, Social Responsibility & Governance Report 2022
3.2 Innovation and R&D
◆ Technology development system ◆ Frontier research system
3.2.2 Fruitful R&D Achievements
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
3.Open innovation activities ◆ Cooperation with enterprises
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.
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Environment, Social Responsibility & Governance Report 2022
3.2 Innovation and R&D
2.Product patents Series 8 and 9 high-nickel ternary precursor and positive
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
3.Standard compiling
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
357 patent applications submitted and 208 patents National Non-ferrous Metal Standardization Technology the largest extent. During the reporting period, our central “System for Approval of Patent Declaration and Punishment
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
3.2.4 Intellectual Property Protection
With strategic positioning of “protecting core technology, Korean Patent Office”, “Patent Law of the United States”
3.2.3 R&D Team supporting global layout and running intellectual property
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.
1. R&D team building Law of the PRC”, the “Anti-unfair Competition Law of the
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
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Environment, Social Responsibility & Governance Report 2022
3.3 Quality of Craftsmanship
form patent clusters and adopted patent portfolio strategy, so
3.3.1 Complete System Construction
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
1) Quality control architecture
“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
3. Patent infringement supervision infringement risks of our products and formed a report on quality control.
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
3.3 Quality of Craftsmanship
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.
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3.3 Quality of Craftsmanship
2.Special quality activities
◆ 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.
3.3.2 Quality Reputation
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.
3) Quality training system The authentication certificate of “5S
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).
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Environment, Social Responsibility & Governance Report 2022
3.4 Customer Service
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.
3.4.2 Close-loop Handling of Customer Complaints
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,
1.Handling mechanism of customer complaints
3.4 Customer Service
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.
3.4.3 Perfection of Privacy Protection
3.4.1 Optimization of Service Experience
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
42 43
4.1 Cyclic Industry
04 Building a cyclic industry
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
4.1 Cyclic Industry traditional energy as much as we could in building zero-carbon factories.
We carried out carbon screening for Ronbay Hubei, Ronbay Wuhan and Ronbay Guizhou, all of which had
4.2 Green and Low-carbon obtained a verification certificate of ISO 14064.
We implemented life cycle assessment for our products to accurately evaluate our production and
4.3 Three Wastes Management upstream links.
Three wastes management
4.4 Hazardous Chemicals Control We tried to turn our waste water into resources and reduce our waste gas emissions and build a cyclic
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.
4.1 Cyclic Industry
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.
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Environment, Social Responsibility & Governance Report 2022
4.2 Green and Low-carbon
4.1.1 Recycled Supply of Raw Materials
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
4.1.2 Battery Cyclic Utilization sink through Hubei Carbon Trading Center for offsetting water-saving devices and waste water treatment facilities, we
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.
4.2.2 Energy-saving Reconstruction
4.2 Green and Low-carbon We attached high importance to the management and
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.
4.2.1 Building Factories with Carbon Neutrality energy management systems GB/T 23331-2020 and ISO
In 2022, we explored energy saving and consumption
50001: 2018. Meanwhile, we also launched the certification
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.
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Environment, Social Responsibility & Governance Report 2022
4.2 Green and Low-carbon
◆ 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.
72,000/year. point.
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
4.2.4 Strict Control of Greenhouse Gas Emissions
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
4.2.3 Clean Energy Ronbay Hubei
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
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4.3 Three Wastes Management
4.2.5 Promotion of Green Solutions 4.3.1 System Management Innovation
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
4.2.6 Improvement of Industrial Water Use Consumption environmental impacts of our own operations and achieve win-
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
4.3 Three Wastes Management factory; each factory followed the policies and systems
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.
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4.4 Hazardous Chemicals Control
4.3.2 Waste Management
We formulated internal management systems such as the “Administrative Regulations on Civilized Construction of
4.4 Hazardous Chemicals Control
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
4.3.3 Waste Gas Management as warehousing inspection and registration of hazardous chemicals, and kept a watch on the links of hazardous chemicals
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
4.3.4 Waste Water Management c h e m i c a l s a n d ha n d l i n g a c c i d e n t s o f ha za rd o u s
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.
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5.1 Value of HR and Employment
05 Cultivation and development of talents
100% of our employees participated in training, with a total of 49,041 hours.
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.
5.1 Value of HR and Employment Ronbay Hubei, Ronbay Guizhou, positive electrode factory in Yuyao, Xiaocao’e subsidiary and South Korea
subsidiary EMT had all passed the certification of ISO 45001 occupational health and safety system.
5.2 Cultivation of Talents Talent was the most precious resource on our development path. We regarded our employees as our partners, fully
5.3 Care for Employees
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
5.4 Health and Safety
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.
5.1 Value of HR and Employment
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.
5.1.1 Guarantee of rights and benefits of employees
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.
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5.2 Cultivation of Talents
1.Open and transparent recruitment channels incentive scholarships for students with an excellent 3.Rational salary system our employees, we allowed them to share the company’s
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
5.2 Cultivation of Talents
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
1.Organizational structure design procedures and mechanisms and make our organizational
>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,
2.Cultivation of core talents
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.
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5.2 Cultivation of Talents
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-
98% among new employees. level personnel
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-
100% among new employees. level personnel.
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,
5.2.2 Training and Development professional training courses, covering all employees of the
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
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5.3 Care for Employees
5.2.3 Promotion and Incentive 5.3.1 Communication and Exchange Channels
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
5.3 Care for Employees
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.
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5.3 Care for Employees
5.3.2 Welfare in Basic Necessities
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,
5.3.3 Diverse Activities vigorous and united spiritual outlook of all employees of the
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.
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5.4 Health and Safety
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
5.4.1 Production Safety
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
5.4 Health and Safety
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
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5.4 Health and Safety
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
5.4.2 Occupational Health
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.
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Fulfilling Responsibility to Repay the Society
06 Other than seeking our own development, we were also actively fulfilling our social responsibility
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.
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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
1
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
2 We invested in Skyland and officially stepped into the LMFP business.
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
3 into operation, achieving an annual output of high-nickel positive electrode at 20,000 tons, achieving a
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
4
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
5
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
6 online live-streaming event to advance from a high-nickel leader to a comprehensive positive electrode
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
7
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
8 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.
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”
9 once again and were honored as the “influential enterprise of the year in the China Business Network’s
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
10 A factory fully connected to 5G in Hubei Province
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
11 Science and Technology Bureau of Ezhou Technology Innovation Center of Ezhou
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
12 the proportion of long-term agreements rising significantly and achieving an overall progress in our supply Science and Technology Bureau of Ezhou
center in Ezhou
chain.
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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
2
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
2
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.
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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
775
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
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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
205-2 2. Standard Governance and Outstanding Operation
procedure
2-1 About the organization About the Report
Environment
Entities covered in the organizational sustainability
2-2 About the Report The reporting organization should report how it
report
3-3 manages environmental performance with the 4. Green Development to Improve the Environment
2-3 Cycle, frequency and contact of the report About the Report method stated in GRI 3: 3-3
1. Thriving and robust with a successful deployment Use of materials
2-6 Activities, value chain and other commercial relations
2. Standard Governance and Outstanding Operation
301-1 Weight or volume of materials used 4. Green Development to Improve the Environment
2-7 Employees 5. Caring about Employees, Ushering in the Future
301-2 Recycled feed materials used 4. Green Development to Improve the Environment
2-9 Governance structure and composition 2. Standard Governance and Outstanding Operation
Appendix 2 Key performance list: Environment
301-3 Recycled products and their packaging materials
2-11 Chairman of highest governance body 2. Standard Governance and Outstanding Operation performance list
Influence of highest governance body in terms of Energy
2-12 2. Standard Governance and Outstanding Operation
supervision and management
302-1 Energy consumption in the organization 4. Green Development to Improve the Environment
2-13 Delegation of management influence responsibility 2. Standard Governance and Outstanding Operation
302-2 Energy consumption outside the organization 4. Green Development to Improve the Environment
The role of highest governance body in the
2-14 About the Report
sustainability report 302-3 Energy intensity 4. Green Development to Improve the Environment
2-19 Salary policy 5. Caring about Employees, Ushering in the Future
302-4 Reducing energy consumption 4. Green Development to Improve the Environment
Strategy, policy and practice
302-5 Reducing energy demands of products and services 4. Green Development to Improve the Environment
2-22 Strategy statement on sustainable development 2. Standard Governance and Outstanding Operation
Water resources and sewage
2-23 Policy commitment 2. Standard Governance and Outstanding Operation Mutual influence between the organization and water
303-1 4. Green Development to Improve the Environment
(as a public resource)
2-24 Embedded policy commitment 2. Standard Governance and Outstanding Operation
Influence related with management and water
303-2 4. Green Development to Improve the Environment
Substantial issues discharge
303-3 Water intake 4. Green Development to Improve the Environment
Economy
303-4 Water discharge 4. Green Development to Improve the Environment
The reporting organization should report how it 5. Caring about Employees, Ushering in the Future
3-3 manages economic performance with the method Appendix 2 Key performance list: Economic Discharge
stated in GRI 3: 3-3 performance
Economic performance 305-1 Direct greenhouse gas emissions (category 1) 4. Green Development to Improve the Environment
5. Caring about Employees, Ushering in the Future 305-2 Indirect greenhouse gas emissions (category 2) 4. Green Development to Improve the Environment
201-1 Directly yielded and allocated economic values Appendix 2 Key performance list: Economic
performance 305-3 Other indirect greenhouse gas emissions (category 3) 4. Green Development to Improve the Environment
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Appendix 4 GRI Standards Index
Appendix 4 GRI Standards Index
Disclosed Disclosed
topic/item
Disclosure title Chapter index topic/item
Disclosure title Chapter index
305-4 Intensity of greenhouse gas emissions 4. Green Development to Improve the Environment Preventing and easing the occupational health and
403-7 safety impacts directly related with commercial 5. Caring about Employees, Ushering in the Future
305-5 Greenhouse gas emissions reduction 4. Green Development to Improve the Environment relations
Employees covered by occupational health and safety
305-6 ODS emissions 4. Green Development to Improve the Environment 403-8 5. Caring about Employees, Ushering in the Future
management system
305-7 Emissions of NOx, SOx and other major gases 4. Green Development to Improve the Environment 403-9 Work-related injury 5. Caring about Employees, Ushering in the Future
Waste 403-10 Health issues related with work 5. Caring about Employees, Ushering in the Future
Significant impact related with the generation of
306-1 4. Green Development to Improve the Environment Training and education
wastes
Per capita training hours received by each employee
306-2 Management of related impacts of major waste 4. Green Development to Improve the Environment 404-1 5. Caring about Employees, Ushering in the Future
a year
306-3 Waste generated 4. Green Development to Improve the Environment Employee skill improvement scheme and transition
404-2 5. Caring about Employees, Ushering in the Future
scheme
306-4 Waste transferred from disposal 4. Green Development to Improve the Environment Percentage of employees receiving regular
404-3 performance and occupational development 5. Caring about Employees, Ushering in the Future
306-5 Waste disposed 4. Green Development to Improve the Environment
evaluation
Supplier environment evaluation Diversified and equal opportunities
New suppliers screened with the environment 3. Leading the Industry with the Driving Force from
308-1 405-1 Diversity of governance institutions and employees 5. Caring about Employees, Ushering in the Future
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
308-2
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
3-3 manages social performance with the method stated 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
401-2 5. Caring about Employees, Ushering in the Future Supplier social evaluation
temporary or part-time employees)
3. Leading the Industry with the Driving Force from
401-3 Parental leave 5. Caring about Employees, Ushering in the Future 414-1 New suppliers screened with the social standard
Innovation
Occupational health and safety Negative impacts of supply chain on society and 3. Leading the Industry with the Driving Force from
414-2
actions taken Innovation
403-1 Occupational health and safety management system 5. Caring about Employees, Ushering in the Future
Clients health and safety
Hazard identification, risk assessment and accident
403-2 5. Caring about Employees, Ushering in the Future
investigation Evaluation of health and safety impacts in the 3. Leading the Industry with the Driving Force from
416-1
category of products and services Innovation
403-3 Occupational health service 5. Caring about Employees, Ushering in the Future
Violations involving health and safety impacts in the 3. Leading the Industry with the Driving Force from
Occupational health safety affairs: involvement, 416-2
403-4 5. Caring about Employees, Ushering in the Future category of products and services Innovation
consultation and communication of workers and staff
Customer privacy
403-5 Occupational health and safety training for employees 5. Caring about Employees, Ushering in the Future
Proven complaints related with infringement on 3. Leading the Industry with the Driving Force from
403-6 Promoting the health of employees 5. Caring about Employees, Ushering in the Future 418-1
customer privacy and loss of customer data Innovation
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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