Environmental Social and Governance Report 2023Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
CONTENTS About the Report
About the Report 03
Message from Chairman 04 Overview
This report is the third “Environmental Social and Governance Report” (hereinafter
1. Leading New Energy Industry with Global Layout 06
1.1 About Ronbay referred to as the ESG report) issued by Ningbo Ronbay New Energy Technology Co. Ltd.
1.2 Deveopment Strategy and Long-term Planning to disclose the corporation’s management practice and performance in the economy
1.3 Construction and Governance of Sustainable Development System environment social responsibility and governance to all stakeholders.
2. Governance Innovation to Solidify Foundation for Sustainable Develpment 20
2.1 Corporate Governance Time Frame
2.2 Compliance Management
2.3 Internal Control and Risk Management The report covers the time frame from January 1 to December 31 2023 (hereinafter referred
2.4 Business Ethics to as the “reporting period”) tracing back to cover previous years for some contents.
3. Building Competitiveness in Globalization Delivery with Innovation 42
3.1 Become a Partner Preferred by Customers Scope and Boundary
3.2 Leading Core Competitiveness in R&D with Innovation
3.3 Responsible Procurement The report’s scope of disclosure is consistent with that of the corporation’s 20223 annual
3.4 Advanced Manufacturing and Lean Quality financial statements covering Ningbo Ronbay New Energy Technology Co. Ltd. (hereinafter
referred to as “the corporation” “Ronbay Technology” “Ronbay” or “we”) and its
4. Usher in New Era of Carbon Neutrality with Low-carbon Cycle 64 subsidiaries.
4.1 Addressing Climate Change
4.2 Coordination in Energy Saving and Carbon Reduction
4.3 Resource Utilization Compiling the Basis of the Report
5. Harmonious Coexistence with Environment through Eco-friendliness 76 The report was compiled by referring to the “GRI Standards” issued by the Global Reporting
5.1 Construction of Environmental Compliance and Management System Initiative (GRI) and Chapter 8 Social Responsibility of the “No. 1 Self-regulatory Guidelines
5.2 Pollutant Treatment for Listed Companies on Shanghai Stock Exchange: Standard Operation”.
5.3 Environmental Risk Prevention and Control
6. Talents Attracted for Co-building a Vigorous Ronbay 84 Data Sources and Reliability Guarantee
6.1 Employee Rights and Benefits
6.2 Enable Employees for Win-win Growth The information and data disclosed in this report come from disclosed information
6.3 Care for Employees statistical reports and official documents of the corporation. The board of directors shall
6.4 Occupational Health and Safety guarantee that this report is free of any false records or misleading statements and assume
responsibility for the truthfulness accuracy and completeness of the contents.
7. Practicing the Mission of Corporate Citizenship in Community Building 104
7.1 Community Communication and Involvement
7.2 Rural and Industrial Revitalization Access and Response to this Report
7.3 Repay the Society with Charity Donations The views of stakeholders are valued by us. All readers are welcome to contact us through
Appendix 1: ESG Performance List 108 the following contact information. Your opinions will help us further perfect this report and
Appendix 2: Chronicle of Events in 2023 115 improve our ESG performance.Appendix 3: Honors and Awards 116 Email:ir@ronbaymat.com
Appendix 4: GRI Standards Index Tel: 0574-62730998117
02 ｜ ｜ 03Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Message from the Chairman
In 2023 we launched an organizational reform deepened our “New Integration” strategy and
began to pursue our globalization strategy. Chairman of the boardThroughout our growth over the years we have assumed our corporate mission of “developing Bai Houshanthe new energy industry improving the human living environment creating a better future forthe company and employees and paying back to society”. We are not only striving to create
commercial value but also keep exploring an ecological civilization. As an important way for
us to reduce greenhouse gas emissions and pollution new energy is adopted by us to address our great innovation strength in such aspects as technology R&D management investment
the problems of global warming and environmental pollution while its development is widely and acquisition organization construction. We have solidified our sustainable management
supported and encouraged by governments of various countries. As a leader in the new responsibility oriented around our ESG performance and focused on improvement based
energy materials industry we are clearly aware of the importance of industrial development in on low-carbon recycling blended our sustainable development concept in our daily
protecting the “Habitat for Humanity on the Earth”. Therefore we will continue to innovate in operations and integrated management elements such as corporate governance compliance
our R&D and pursuit of professionalism. Our leadership in technology is ultimately reflected in management ecological and environmental protection health and safety energy conservation
our improved efficiency in new energy transformation and utilization in addition to economic low carbon organizational construction and win-win cooperation with our partners thus
and environmental gains. Therefore our business goal is consistent with our environmental promoting our work in ESG steadily.goal which is also a benefit expected by all our staff and employees. The internationally recognized sustainable development guidelines followed by our ESG will be
In the process of development an enterprise has to interact with and adapt itself to the the important basis and yardstick for the construction of our sustainable management system.external environments (including the market environment policy environment social Considering the differences in various countries in terms of legal environment business
environment etc.) undertake its corporate social responsibilities of environmental protection environment and humanistic culture it is necessary to establish a sustainable development
and employee care and ultimately coexist and blend with society environment and partners management system accepted by all mankind.through the diversification and innovation of its internal ecosystem. Looking into the future we will stick to the green low-carbon and sustainable development
We’ve formulated our sustainable development strategy to consolidate the foundation path. On the basis of adapting to stricter regulations and higher ESG performance goals weof our sustainable management and ensure the implementation of our “New Integration will pursue the best practices in the industry and achieve sustainable and win-win greenStrategy”. This year we’ve reformed our “market-R&D-delivery” systems and unleashed development with all stakeholders.
04 ｜ ｜ 05Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
1.1 About Us
01 Leading the New 1.1.1 Development HistoryFounded in 2014 Ningbo Ronbay New Energy Technology Co. Ltd. (hereinafter referred to as Energy Industry with Ronbay Technology stock code: 688005.SH) is a transnational corporation of high-tech new energy material industry co-built by two teams from China and South Korea with successful entrepreneurial
experience of around twenty years in the lithium battery industry which is specialized in the R&D
a Global Layout production and sales of lithium battery positive electrode material and its precursors. In 2016 Ronbay Technology put forward the“ three-step strategy” with the ultimate aim of“ completelyreplacing petrochemical energy and realizing sustainable development for humankind” building
industrial clusters and circular industrial chain leading the new energy industry civilization thus
establishing our sustainable development concept and confirming our industrial development
1.1 About Ronbay direction.
In 2019 Ronbay Technology was successfully listed on the Science and Technology Innovation
1.2 Deveopment Strategy and Long-term Planning Board marking the end of our first step “running a good enterprise” in our “three-step strategy”.
In 2021 we released our “New Integration Strategy”. Around our second step to “develop an
1.3 Construction and Governance of Sustainable Development System industry well” we confirmed our strategic positioning of “being the strongest and working withthe strongest on the basis of coexistence and blend” and implemented the “strategy with sevencharacteristics” namely “professionalism integration platform organization ecology digitizationand globalization and organization”;
In 2022 Ronbay Technology acquired Tianjin Skyland Technology and quickly entered the field of
phosphate becoming the world’s first enterprise to achieve mass production of LMFP and the only
enterprise with the production technology capacity of both top ternary materials and LMFP;In 2023 we released our globalization strategy and fully implemented the “New IntegrationStrategy” based domestically and aiming globally. We launched related capacity planning and
construction at home and abroad made a global deployment in R&D production and service bases
and continually accelerated the expansion of our production capacity. During the reporting period
we launched the construction of an annual production capacity of 20000 tons of LMFP in Chungju
South Korea.After nearly 10 years of development we have fully advanced our product R&D customer
development and raw material supply in three major materials namely high-nickel ternary material
LMFP material and sodium battery positive electrode material provided supporting ternary positive
electrode materials with stable performance and mature production technology for cutting-edge
products with a high energy density produced by mainstream power battery manufacturers at
home and abroad achieving the fastest large-scale volume production of LMFP and taking the lead
in the industry for sodium battery technology. In 2023 we upgraded from a high-nickel leader to
a comprehensive positive electrode material supplier covering all markets with our market share
rising continuously and took first place worldwide for three consecutive years for our sales volume
of ternary material.
06 ｜ ｜ 07Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Acquisition of JAESE Energy Acquisition of Fenggu Energy-saving
The market’s first-generation
Acquisition of Yanguang High-tech Technology
NCM811 high-nickel products Globalization strategy was released
Reorganizing of Jinhe Lithium Battery realized volume production New Integration Strategy was released
Production capacity was expanded
Acquisition of South Korea TMR through Growth in both production capacity and at a faster pace
JAESE Energy value
2014201620212023
2013
2013201520192022
Listed in Science and Technology
Ronbay was established Realizing integrated operations of Innovation Board New Integration Strategy was implemented Ronbay’s system
Confirming the business plan in lithium Acquisition of Skyland Technologybattery positive electrode（cathode) Acquisition of South Korea EMTEstablishing a base in Xiantao
material industry
Production capacity was expanded at a faster paceSelected into the 2017 list of best enterprises of core competitive enterprises Selected among the “Top 50 Enterprises with Highest Innovation Power Selected byIn 2017 released by ChinaAventure In 2021 Forbes in 2021”Honored as the “Enterprise with Highest Investment Value on Science andTechnology Innovation Board in 2021”Selected among the “Top 50 Enterprises with Highest Investment Value in China in
2018 2018” released by Zero2IPO Group Selected among the “Top 50 Enterprises with Highest Innovation Power Selected In Shortlisted among the “Unicorn Companies” of China jointly released by Torch Center In 2022 by Forbes in 2022”of Ministry of Science and Technology and Great Wall Strategic Consulting etc. Selected among “Top 10 in China’s Supply Chain of Power Battery”
2019 Became one of the first batch of 25 listed companies on the Science and Technology 2023 Selected among the List of “Top 100 Chinese Listed Companies for ESG in 2023” In Innovation Board In Selected among the Top 500 Chinese Listed Companies Selected by Forbes
08 ｜ ｜ 09Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Ecology-based coexistence and blend Corporate citizenship
1.1.2 Mission Vision Values and Concept of Sustainable Adopting ecology-based thinking and interacting Ensuring the safety and health of workplaces with and adapting to external environments Promoting the occupational development and
Establishing excellent and continuous partnerships continued education of the employees
Development Coordination and collaboration to promote the new Supporting community development and participating energy commercial civilization in community service and charity activities Protecting the rights and benefits of the employees
and forbidding discrimination and exploitation
Sustainable Ecological and environmental protection
Green and low-carbon technology Development Concept Reducing the energy consumption and waste generation during production
MISSION VISION Insisting on research and development to promote the progress in material technology of Ronbay Using environment-friendly materials and reducing negative impacts on the environment
Adopting new technology to improve the Adopting recycling economy and promoting the
Trying to develop the new energy Establishing a new energy engineering and manufacturing quality recycling of products and materials Saving energy reducing emissions of carbon and Adopting clean energy
industry improve the living industrial cluster with first- solving environmental and social problems
environment of humankind class innovation ability and high Transparency and communication
open up a bright future for the commercial civilization Sustainable business and supply chain cooperation Releasing ESG report regularly with open and transparent information
company and employees and pay Safeguarding customer relations to improve their satisfaction and loyalty Improving the company’s governance structure
Optimizing the supply chain and reducing the risks and costs with fair and transparent decisions
back to society Making a global deployment with new market and business models Responding to the concerns of stakeholders to
ensure effective communication
1.2 Development Strategy and Long-Term
Planning
VALUES Concepts of
Sustainable Development We are self-positioned as an industry operator with an ultimate goal and long-term planning to Scientific rational learning- “completely replace petrochemical energy and realize sustainable development for humankind” and
oriented innovative big-picture
Build an ecosystem on the basis implement a “three-step” strategy on three major capabilities empowered by our strategy investment
systematic
of coexistence and blend and management so as to meet the demands of business forms and customers in the new energy
industry keep promoting the investment incubation and operation of the new energy industry and form
with society environment and a sustainable operation and development model consistent with our own characteristics.partners During the reporting period under the guidance of our “New Integration” strategy we kept innovating
in terms of technology R&D management and operation investment and acquisition organizational
construction and establishing a complete business flow covering (market system-R&D system-delivery
system). Around our main business of high-nickel positive electrode material LMFP material and sodium
Our concept of sustainable development originates from our mission and vision with the aim of battery positive electrode material we not only served our domestic customers well but also seized the
establishing an “ecosphere”. Other than creating commercial values and ensuring sustainable major opportunities in the international market and participated in the global market competition from
business we keep interacting with and adapting to external environments (including the market the perspectives of industry and capital with an aim to achieve 20-30% of the market share of the global
environment policy environment social environment etc.) through diversifying and innovating our positive electrode material market.Developing the new energy
own ecosystem and assuming our corporate social responsibility in environment protection and
industrial cluster well
employee care. Running an industry well
Our concept of sustainable development runs throughout every link of our operation such as (New energy material Running an enterprise well Third step
corporate governance decision-making mechanism business development corporate citizenship cluster) (Ronbay listed on Science and
technology innovation and R&D supply chain partnership and environmental protection which Technology Innovation Board Second step
is also the basic requirement for the implementation of our ESG (environment society and in Jul. 2019)
governance) practice corporate civil social responsibility and industrial cycle. First step
Sustainable operation
10 ｜ ｜ 11Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Global Layout
By learning and absorbing all kinds of advanced culture and knowledge around the world we
Lithium battery blended into the international market building a truly global enterprise and creating a new
application commercial civilization that absorbed modern and international talents and made positive
Automobile and
Disassembly energy storage Lithium battery contributions to global society and employees.and recycling In order to seize overseas market opportunities we put forward our development strategic goal of
Ronbay Technology production globalization in 2023 made full use of our first-mover advantage in the global new energy industry
chain and promoted the production capacity construction in Asia Europe and America thus
maintaining our leading advantage in the process of globalization.Mining industry Precursor Positive electrode
material
1.2.2 Core Capabilities and Market Layout
In 2023 we continued to unleash our competitive advantages and unique capabilities in such
aspects as product R&D technological innovation production capacity construction supply
1.2.1 Deepening the “New Integration” Strategy with chain planning cost control and marketing effectively responding to changes in the market and
environment to ensure our advantages and business growth in the competition.a Global Layout
CoreIn 2023 we further strengthened our New Integration Strategy characterized by “professionalism Capabilities Resource Input Main Outcomesintegration platform ecology digitization globalization and organization”. The globalization
strategy was one of the key and core tasks of Ronbay Technology in 2023. 1) LMFP: completed the pilot scale test on the vehicle-grade power battery
and achieved a breakthrough in the vehicle market application in 2024;
Being the strongest and working with the strongest on the basis of coexistence and blend 2) Sodium battery positive electrode: layered oxide positive electrode In 2023 our R&D material was continuously upgraded and optimized in technology according
R&D and innovation investment exceeded 350
to the requirements of customers;
million yuan
Professionalism Integration Platform Ecology Digitalization Organization Globalization 3) Developed polyanionic sodium-ion battery positive electrode material
taking the lead in the technology of samples and conducting testing and
verification with customers.Professionalism With integration Platform-basis is On the basis of industrial chain Organization is In the expansion
is the foundation. based on the characteristic expansion we expand our ecological the foundation of of territory we
The bases and professionalism of integration. and digital basis. The two aspects executive force. absorb the wisdom Production capacity was
platforms are investment With the platform are closely related. Digitalization is Organization is the of different 1) Phase 5-2-2 expansion of the E’zhou Production Base;
established on expands along the of science and the driver of technology. A digitalized real life entity and civilizations New production expanded with a total 2) Phase II expansion of Zunyi Production Base;
professionalism. industrial chain technology and company is more efficientwith less the means. capacity investment of 3.65 billion
and promotes sharing centers internal contradictions; ecology- 3) Phase I of a new project in South Korea.yuan
the integration of of management basis emphasizes interaction with
industrial chain. finance and human and adaptation to the external
resource we’ve environments in pursuit of coexistence
transformed from and blend. The more complex the 1) Built a business platform integrating industrial research supply chain
an enterprise to ecology-basis is the more important
an investment risk control will be. development centralized procurement and processing trade;Continued to furtherplatform. Supply chain 2) Improved the path design of the overseas supply chain and realized a promote the “Newplanning strategic layout of globalization in market production capacity and capitalIntegration” strategy.based on South Korea and covering the markets of Europe America and
Business expansion Improvement of business model Executive force Territory expansion Japan.guarantee
12 ｜ ｜ 13Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Ronbay Technology has taken the lead in completing the construction of production bases such as Creation of a Sustainable Development Management System
positive electrode precursor and recycling in South Korea and has started the market research site
selection and construction preparation for production bases in regions such as Europe and North The sustainable management system is a systematic management project established on the basis of
America. the construction of “three systems” to realize the sustainable development goals of Ronbay and lay a
solid foundation for globalization. Guided by internationally accepted ESG standards and taking business
development as our core we integrated management factors such as corporate governance compliance
management ecological and environmental protection health and safety energy conservation and
low carbon organizational construction and win-win cooperation with our partners thereby forming
a complete management system highly integrated with our business system to ensure our sustainable
development in business efficiently.ESG is our mission and vision to meet the expectations and requirements of investors customers
regulatory authorities and the public and support our development with recycling and low carbon. It is
the endogenous driving force for our development. Guided by our ESG performance and supported by
recycling and low carbon it leads us to achieve our outstanding performance in sustainable development.Based on responsible governance our performance goal is supported by four pillars namely sustainable
risk prevention and control globalization strategic support inherent safety and environment friendliness
and system capability while our internal and external partnerships constitute the organizational base of
our sustainable development management system.ESG performance
1.3 Construction and Governance of the
Sustainable Development System Recycling Low-carbon
1.3.1 Construction of a Sustainable Development
Sustainability Inherent System Support from
Management System risks safety and capabilities globalization
prevention and environment strategy
Construction of “Three Systems” control friendliness
Since its establishment according to the trend of market environment and business development Collaboration with partners (organizations and individuals)
Ronbay Technology has insisted on organizational innovation to stimulate its organizational vitality.(Governance structure team and culture constructionDuring the reporting period the company launched the reform project of “building a process-based professional capabilities staff relations supply chain constructionorganization” and strengthened its construction of management capabilities across regional cultures cooperation with contractors etc.)
with a complete process from the two aspects of organizational construction and management system
to establish the complete business process of“ three systems” and support the implementation of the“ NewIntegration Strategy”.
14 ｜ ｜ 15Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
1.3.2 Deepening Sustainable Responsibility Management 1.3.3 Communication with Stakeholders
We are actively building good internal and external communication platforms. Through diversified
Sustainable Responsibility channels we’ve established an open transparent communication mechanism with stakeholders widely
Ronbay strengthened the responsibility of each department for sustainable development. During the listened to the voice of stakeholders and blended it into our decision-making which is a key measure
reporting period the company consolidated and supported the ESG responsibilities of all departments for us to fulfill our transparent operation responsibility with stakeholders and ensure our compliant
with the priorities including: operation and sustainable development.Integrate the key issues prioritized by stakeholders into the operation management of the company;
Strengthen the special management of compliance risk start the construction of our sustainable
management system and promote the construction of the compliance risk control environment; Serial No. Stakeholders Communication Channels Focus of ESG
Continue to improve the communication mechanism strengthen information disclosure and external
interaction; ★ Risk prevention and control
Promote cost reduction and efficiency improvement energy saving and carbon reduction activities build ? Shareholders assembly ★ Incorruption management
zero-carbon and green factories; ? Performance presentation ★ Health and safety of employees
Promote cultural exchanges humanistic care and team building in our new factories overseas. ? Investor emails ★ Environment managementShareholders
1 ? Roadshows ★ R&D innovation
Fig. 1-1 List of our ESG functional allocation and investors ? Investor hotline ★ Product quality
? Shanghai Stock Exchange e-interaction ★ Compliant operation
? Network platform communication ★ Corporate governance
Segments of responsibility Board office Central Product and Market R&D Delivery HR Regional Risk ESG issues Subsidiaries
★ Regional economic contribution
strategy business system system system system management Finance control
Corporate governance ? Newsletters/news announcements
? ★ Risk prevention and controlSustainable development Government Telephone communication
management
? ★ Incorruption managementand regulation Email communication
Communication with 2 ★ Environment management
stakeholders Institutions ? Conference communication
Compliance management ? ★ Product qualityFile sharing
Corruption risk control ? ★ Public welfareNetwork platform communication
Customer service
Innovation orientation ? Customer communication Product quality
Responsible procurement 3 Customers ? Customer satisfaction degree survey R&D innovation
Lean quality ? Network platform communication Customer service
Energy saving carbon
reduction and resource
utilization Complaint box
★ Employees’ development
Ecological and environmental Employee communication conference
protection and management ★ Health and safety of employees4 Employees Earnest talks
Rights benefits and welfare of ★ Rights and benefits of employees
employees Emails ★ Care for employees
Employee empowering Daily communication
Employee care
Occupational health and On-site assessment
safety
Supplier evaluation
Community communication 5 Suppliers ★ Supplier management
Technical training
Rural revitalizatio
Network platform communication
Charitable donation
16 ｜ ｜ 17Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
In terms of the protection and communication of the rights and benefits of investors we regularly
convened shareholders’ meetings and performance presentations in strict accordance with related 1.3.4 Substantive Issues and Management of ESGlaws and regulations such as the “Listing Rules of Science and Technology Innovation Board in the On the basis of the material management topics in 2022 we optimized the topic selection and evaluationShanghai Stock Exchange” and the “Articles of Incorporation” to safeguard the investors’ right to criteria gave full consideration to the changes in international standards and policies better understand
know and participate in major matters of the company. During the reporting period we convened 1 the concerns of stakeholders. Led by the sustainable development committee we identified the annual
shareholders’ meeting 2 performance presentations and 9 investor teleconferences covering such major issues of ESG through research and analysis and summary of feedback from related parties and
contents as the company’s business conditions strategy release and concerns of the investors. expert opinions.In terms of the disclosure of major decision information we held three globalization strategy In 2023 we identified 3 organizational governance topics 12 environmental operationtopics 6 employee
press conferences in 2023 announcing our aim to be a global leader in positive electrode. A total and social topics a total of 21 topics.of 660000 people such as investors analysts partners and media friends at home and abroad
participated in the press conferences online and offline. Assessment
Identification of and grading of Confirmation and
ESG issues importance of issues reporting of issues
Globalization Strategy Press Conferences of Ronbay in 2023
Number of attendees We sort out the key tasks The issues of concern are
regarding our sustainable classified and the feedback
Time Location Number of attendees development and reflect from internal and external The matrix of important
them with each stakeholder stakeholders are solicited in issues and management
August 9 Shanghai 30000 and align to the best practice the form of interviews. issues are reported to
in the industry and confirm The opinions of third-party and confirmed with the
the scope of ESG issues.August 18 South Korea 130000 experts and industrial board of directors.Issues of concern are insiders are solicited in The highly important
confirmed by referring to evaluating the importance
August 24 Shenzhen 500000 issues are managed and the “14thFive-year Plan” and of each ESG issue. supervised in priority
the ESG grading elements The sustainable and taken as the focus of
of capital market and based development committee information disclosure.on the GRI standards UN ranks and grades the
SDGs and SASB and other issues by their importance
international standards and based on the company’s
objectives. development and appeals of
stakeholders.Aug 182023 Seoul South Korea During the reporting period the importance of 21 major topics of ESG was evaluated and ranked.Among them eight were identified as highly important issues including compliance management
R&D and innovation quality assurance customer service hazardous matter management circulating
materials occupational health and safety and energy management which were picked as important
issues for supervision and information disclosure in priority; 11 topics with moderate importance were
selected for targeted management and performance improvement including risk prevention and control
integrity management greenhouse gas emission energy management water resources management
Aug 92023 Shanghai China Aug 242023 Shenzhen China responsible supply chain sustainable procurement chemicals management and employee rights and
benefits protection.
18 ｜ ｜ 19Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
ESG dimension ESG topics Serial Importance number ranking
Risk prevention and control 1 B
Organizational
governance issues Incorruption management 2 B
Compliance management 3 A
Greenhouse gas emission
management 4 B
Waste management 5 B
Environmental
issues
Energy management 6 A
Water resources
management 7 B
R&D and innovation 8 A
QA 9 A
Customer service 10 A
Responsible supply chain 11 B
Management
issues Sustainable procurement 12 B
Chemicals management 13 B
Hazardous substance
management 14 A
Circulating materials 15 A
Fair employment 16 B
Staff training and
development 17 B
Employee issues
Protection of employees’
rights and benefits 18 B
Occupational health and
safety 19 A
Charity 20 C
Social issues
Regional economic
contribution 21 C
Note: The importance is divided into three grades: A B and C in which A is the highest grade
B is the intermediate grade and C is the low grade. Importance to our sustainable development
20 ｜ ｜ 21Importance to external stakeholdersNingbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Organizational governance
Completed the organizational reform of the three systems of “market-R & D-delivery” and
02 Governance effectively improved the professional capability of each module and the coordination ability between the systems.Compliance and risk controlInnovation to Solidify Built a comprehensive compliance management system guided by “corporate complianceculture construction” composed of sub-systems of “compliance management organizationalthe Foundation system compliance management operation system and compliance management guarantee system” supported by “personnel technology institution and process” integrating internal
and external factors stakeholders’ needs and expectations.In 2023 18 risk control audits were completed with 129 problems reflected and risk control
audit covering 75% of the corporation’s bases.
2.1 Corporate Governance
Business regulations
2.2 Compliance Management
The integrity-based working system was promoted and implemented and 15 employees in
2.3 Internal Control and Risk Management sensitive positions were audited in 2023.
2.4 Business Ethics The signing rate of “Employee Integrity Commitment” and the coverage rate of business
ethics training for new employees reached 100%.The core IT systems (including SAP) of 18 companies and 11 bases (including South Korea)
finished a comprehensive diagnosis of information security and a total of 279 problems
were identified rectified and solved.
2.1 Corporate Governance
Good governance practices are the basis of our business operations. We strictly abide by the Company
Law of the People's Republic of China the Securities Law of the People's Republic of China and other
relevant laws and regulations and promote corporate governance activities in light of the actual situation
of the company. After years of practice Ronbay has formed a clear positioning of the board of directors
a professional structure of the board of directors a standardized operation process and a board culture
based on value creation enabling our long-term steady and rapid development.We take the New Integration Strategy as our guideline adhere to the core concept of “all-rounddevelopment and innovation” constantly explore new governance mechanisms continuously promote
organizational reform and make efforts in such aspects as organizational construction operation system
and coordination mechanism so as to improve our “organizational and platform-based” performance.
22 ｜ ｜ 23Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
2.1.1 Governance Architecture Board of supervisors
It is composed of three supervisors including one employee representative supervisor and one
In accordance with the Code of Governance for Listed Companies and No. 1 Self-regulatory Guidelines chairman of the board of supervisors. The chairman of the board of supervisors is elected by more than
for Listed Companies in the Science and Technology Innovation Board of the Shanghai Stock Exchange - half of all supervisors. The board of supervisors shall hold regular meetings to supervise and inspect
Standard Operation the company established a complete and effective corporate governance structure the performance of directors and senior managers and the legality and compliance of the company’s
composed of the shareholders assembly board of directors and board of supervisors and a corporate finances with a responsible attitude towards shareholders so as to safeguard the legitimate rights and
governance mechanism with well-defined rights and duties and standard operation to effectively interests of the company and its shareholders.guarantee the fairness and scientific nature of the company’s governance decisions.The management
The management shall perform their duties in accordance with relevant policies and regulations such as
the Articles of Incorporation strictly implement the resolutions reached by the board of directors and the
General meeting shareholders assembly actively promote business development and internal management and ensure
of shareholders the sustainable and stable development of the company.Board of
supervisors
Board of directors The convening of meetings by our three internal bodies in 2023
Organization Number of meetings held Reviewed proposals / reports
Shareholders assembly 1 次 57 proposals and reports were deliberated
Strategic Nomination Audit Remuneration and
Committee Committee Committee Evaluation Committee Board of directors 9 次 reviewed or heard; of which one was directly
Board of supervisors 6 次 related with ESG (ESG report).Governance Architecture
Shareholders assembly
The shareholders assembly is the highest authority in the company. The company convenes and holds 2.1.2 Independence and Diversity
the shareholders assembly in strict accordance with the provisions and requirements of the Articles of The company takes full account of factors such as industrial experience background and gender of the
Incorporation and the Rules of Procedure of the Shareholders Assembly decides the company’s business board members to ensure that the board composition is optimized and diversified.guidelines and investment plans in accordance with the law and deliberates and approves the reports
submitted by the board of directors. The current board of directors is composed of 9 directors including 3 independent directors and 3
female directors. The current board members have professional capabilities and skills in industry
Board of directors finance economics human resource management and other fields and all of them have rich industrial
The board of directors works in accordance with the No. 1 Self-regulatory Guidelines for Listed experience and an excellent educational background. The diverse backgrounds and experiences of
Companies in the Science and Technology Innovation Board of the Shanghai Stock Exchange - Standard board members can provide different perspectives and values for the company’s strategic planning and
Operation and the Rules of Procedure of the Board of Directors. Its main responsibilities include business development enabling the various committees to assess issues from a broader perspective and
convening the shareholders assembly implementing the resolutions of the shareholders assembly maximize the interests of all stakeholders.managing the information disclosure of the company etc. The company has established four special The appointment of independent directors can achieve the necessary check and balance for the
committees under the board of directors namely the strategy committee nominating committee audit effective operation of the board of directors to ensure the board’s leadership is independent from the
committee and remuneration and assessment committee. Each committee performs its duties in strict management. The board of directors has appointed three independent directors accounting for about
accordance with relevant laws regulations and rules of procedure to provide basis and suggestions for 33.3% of the total number of board members. Depending on their professional expertise they share their
the scientific decision-making of the board of directors. views and opinions on the company’s major matters such as strategy standardized operation operation
24 ｜ ｜ 25Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
management and internal risk control at the meetings of shareholders assembly the board of directors ———Develop an end-to-end value chain system and three systems based on Iron Triangle Process
and special committees so as to achieve internal check and balance and improve the scientific and Business Closed-loop:
professional decision-making of the board of directors. Independent directors shall not hold any position
other than directorship in the company. Customer Providing Customers- Integrated Integrated Supply Demands oriented Solutions Product R&D Chain and Delivery
The company follows the international ESG governance concept in improving the diversification level
of the boards of directors and supervisors. The number of female directors increased to 3 whose Customer Service / Solutions
proportion increased to 33.3% including 1 female non-independent director and 2 female independent
directors. The company has appointed 1 female supervisor accounting for 33.3% of the total number of
supervisors. Market SystemCustomer Manager
Customer Customer
Demands Satisfaction
Iron Triangle
2.1.3 Remuneration and Assessment SystemDelivery System R&D System
Delivery Experts Product Solution
The company establishes a performance review mechanism for the board of directors regularly Specialists
evaluates the performance of its members to ensure the effective governance of the board strengthens
the responsibilities of the board of directors in ESG topics sets the tone for the sustainable development
of the company with strict ESG governance.The company adheres to the principles of “remuneration based on performance and shareholder returnsadapted to personal responsibilities contributions and performance linked to the company’s market Ronbay Technologyvalue and performance and associated with sustainable development indicators” and formulates
the compensation and assessment schemes for all staff including directors supervisors and senior Strategy and Operation
executives. Among them ESG indicators shall not be less than 10% of the reward and annual salary Market
assessment including the setting of key indicators and corresponding weights of major events such as System R&D System Delivery System
environment safety society governance and ESG. The penalty points deduction system is adopted in Business Platform
Marketing Central Research New Product
Engineering Supply Chain Manufacturing
the assessment and in cases of violation or dispute the penalty points will be deducted. Platform Technology Institute Development Platform Platform Platform
Ternary Positive Electrode Business Division
2.1.4 Organizational Management Innovation Sodium Battery Business Division
In 2023 the company completed the organizational reform of three systems and shifted to flat matrix LMFP Business Division
streamlined and digital management. Through internal innovation and regulated and standardized
operation and coordination all systems are linked up to form a process-based and customer-oriented Precursor Business Division
organization so as to respond to market changes with agility effectively promote the construction of
Equipment Business Division
various professional capabilities and guarantee the implementation of a “seven-pronged strategy” with
the executive force at the organizational level. Centering around business growth the company adopts
localized management by matching organizational construction regulations and policies worldwide. Strategy Finance Human Risk Legal Administrat
Functional
With a global outlook the company is trying to build cross-cultural management capability and respect Platform Investment and Quality Environment and Corporate Brand
and blend into local culture. Financing Sustainable Development Affairs
Supporting System
26｜｜27
Customer satisfaction
Customer DemandsNingbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
2.2 Compliance Management Key compliance areas
Through the identification of compliance obligations and risks seven key compliance areas are identified
by the company including market transactions safety and environmental protection finance and
2.2.1 Construction of Compliance Management taxation product quality intellectual property rights labor and employment and business partners with
compliance control measures developed.We are committed to working in a manner of compliance integrity and honesty. Adhering to the bottom
line of compliance is our requirement for every employee. Key compliance links
Our legal department is responsible for coordinating the construction of a compliance management Three key links are highlighted: in the link of institution formulation we strengthen the compliance
system. Based on the basic framework and general elements of a compliance management system review of regulatory documents; in the link of operation decision-making we strengthen the compliance
and aligning to the industry’s best practice cases we aim to establish a comprehensive compliance certification of decision items; in the link of production and operation we strengthen the supervision
management system taking into account of internal and external factors the demands and expectations and inspection of key processes of production and operation. Meanwhile we strengthen the compliance
of stakeholders guided by the “construction of corporate compliance culture” with the “organizational management of the management staff on important risk positions and overseas personnel.operational and guarantee systems of compliance management” as the sub-systems and supported by
“personnel technology institution and process”.Market Transactions Labor Employment
Seven
Operation Mechanism Guarantee Mechanism Key Safety and Environment Protection Product QualityFields
Finance and Tax Intellectual Property Rights
Business Partners
Highlighting major links
The links of institution establishment operation decision-making and production & operation
Highlighting three groups of key personnel
The management personnel on positions with major risks overseas personnel
Compliance management of overseas investment and operation
Abiding by the laws of the countries of investment and international rules; improving the
regulations systems and flows of overseas compliance management strengthening control and
One System Five Mechanisms management of overseas institutions; regular identification of overseas investment and operation risks
28｜｜29
Establishing the order of compliance reporting
Fostering compliance culture
Valuing compliance training
Establishment of a professional and high-quality
compliance management team
Construction of compliance management
information-based system
Strengthening compliance assessment and evaluation
Assessment Mechanism of Compliance
Management System
Accountability Mechanism for Violations
Compliance Review Mechanism
Compliance Risk Handling Mechanism
Compliance Risk Identification and
Warning Mechanism
Compliance Management SystemNingbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Compliance risk management mechanism Compliance risk prevention and control
Through the closed-loop management of compliance risk sorting evaluation control improvement and ccording to the results of overseas compliance obligations and risks assessment and the principle of
supervision the company’s capabilities in compliance prevention and control have been fully improved. “acting based on prevention beforehand and control during the process and supported by remediation”
we have adopted preventive measures against compliance risks beforehand set up a compliance review
Compliance culture for business contracts rules and regulations and important decision-making links in various processes
The company has actively fostered a compliance culture striving to integrate compliance awareness into in overseas business to achieve a complete coverage of compliance risk prevention ranging from
its core values employees’ performance assessment and daily behavior habits. research to decision-making during the early stage of projects from negotiation and contract signing to
The company has established a compliance training mechanism for various business areas and operations.employees and launched publicity in various forms so that the employees can understand the Based on the theory of inherent safety and risk assessment we have established a set of global EHS
compliance management requirements recognize the value of compliance work and fulfill the (environment health and safety) compliance guidelines along with our globalization strategy to ensure
compliance management requirements from top to bottom. that the company can comply with the corresponding regulations in different countries and regions and
reduce potential risks.Case study Compliance construction of JS base in South Korea
2.2.2 Overseas Compliance 1、Follow up the trend of industrial norms and legislation in South Korea and
prepare for the implementation of relevant industrial norms in advance;
2、In terms of compliance in labor and employment local lawyers are invited
Overseas compliance risks Key measures to offer consulting and training on the compliance considerations of labor and
In international operations laws from different jurisdictions may have different compliance requirements employment and compare the differences between China and South Korea;
for our business. Suspected violations of ethics compliance or law may pose a material risk to our 3、Analysis of overseas anti-corruption compliance risks.business or result in fines and reputation damage.
1、A report on the interpretation of South Korea’s economic policy;
Compliance obligations and risk identification 2、Analysis of labor and employment compliance risk control points in South
We pay attention to ESG and compliance risks from the stage of pre-investment due diligence and site Main results Korea;
3、Evaluation of the applicability of the oversight and management system
selection and take account of them in our investment decisions. We entrust a third party to manage and
overseas.study overseas investment risks and organize experts in such aspects as taxation legal affairs security
and environmental protection to conduct a comprehensive research on the projects learn about the
laws and regulations and business environment of the countries or regions where our projects will be
located assess the relevant compliance requirements risks and challenges and determine what rules
and regulations we need to observe and fulfill the principle of responsible investment. Case study Compliance preparation for the European and
We actively carry out research on the rules of overseas investment and operation and conduct in-depth American markets
research on national and regional laws regulations and regulatory requirements on foreign investment
admission labor and employment tax administration construction projects anti-corruption and
In-depth research on construction projects site selection and environmental
bribery as well as multilateral and bilateral investment and trade agreements signed with the Chinese Key measures
safety related permits in Europe and America
government. During the reporting period the compliance obligations were identified in the EU’s New
Battery Act the EU Key Raw Material Act the TCTF Assistance Act and the IRA Act FEOC of the US to
clarify the red lines and bottom lines and ensure the compliance of overseas investments and operations. Main results Management of overseas project investment risks beforehand
30 ｜ ｜ 31Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Compliance training of legitimacy comprehensiveness importance and objectivity. There are no major omissions in the
To strengthen the compliance of our overseas investment companies and avoid the compliance departments businesses and matters included in the scope of evaluation as well as in our high-risk
risks of appointed personnel we organize overseas compliance training for the directors executives areas.and employees appointed by us take their fulfillment of compliance management duties as an During the reporting period the company’s management results and risk control evaluation results
important factor in their job appraisal require overseas companies to regularly report their compliance show that our internal control system is well designed and effective performed with a stable internal
management and inspect overseas compliance management regularly or irregularly. control system. We have established a systematic comprehensive risk prevention and control system
which can effectively guarantee the legality and compliance of our operation and management and the
Case study Compliance training for the US market truthfulness correctness and completeness of our asset safety financial reports and related information to ensure that the company runs normally and supports the fulfillment of our development strategy.According to the identification of major defects in our internal control on the base date of the internal
The first phase: corporate governance training was attended by about 30 control evaluation report there were no major defects of internal control in our financial reports and non-
personnel of our legal affairs division risk control and American office;
Key measures financial reports.The second phase: Californian labor law training was attended by about 20
personnel of our HR legal affairs divisions and American office.Improving our alertness against overseas compliance risks and actively
Main results 2.3.2 Risk Management System
responding to changes in the overseas business environment.In order to fully monitor and regulate our risk issues we launched the construction of a comprehensive
risk management system regularly identified and assessed various risk issues confirmed the risk areas to
be managed in priority such as engineering construction risks investment and merger risks environment
and security risks performed risk assessment and developed measures and strategies against the risks.We followed up monitored and reported the implementation and execution of each measure on a weekly
2.3 Internal Control and Risk Management basis. By doing so we’ve achieved a close-loop risk management mechanism involving “identificationassessment sorting and response monitoring and reporting”.
2.3.1 Internal Control Evaluation The principals of divisions and business units are the primary First Principals of Divisions and
Defence Line Business Units person in charge of internal control who have established
In strict accordance with the Company Law of the PRC and Basic Regulations for Internal Control of the internal control awareness and capabilities in daily business.Company and supporting guidance the internal control regulatory requirements of China Securities Implementing the responsibility system the principals of
divisions and business units have to assume the responsibility
Regulatory Commission and the Shanghai Stock Exchange and based on the characteristics of the for internal control and risk-based regulation and solve 95% of
industry the company’s actual operation conditions and management requirements Ronbay has set up the risks in daily operations.an internal control system covering the operation and management of various functional departments
three systems and each branch and subsidiary and ensured its effective operation.Corporate Diagnostics Focused on the process they are assistants to the business
Our internal control system has covered corporate governance institutional setting and assignment of Second Defence Line Department and Information manager who help the business manager to manage business
authority and responsibility risk control and internal audit human resource management and all other Security Department discover and address problems through effective improving
measures in a close loop. The role of corporate diagnostics
operation links without major omissions which can effectively prevent uncover and correct the major department and information security department is to help
risks and associated problems in our operation and management to reduce our management risk. realize business management in daily operations.During the reporting period we organized internal control evaluation around such factors as the internal
control environment risk assessment control activities information and communication and internal The oversight and omission of the first defence line will be
supervision in accordance with Basic Regulations for Internal Control of the Company and ISO31000 Third
Defence Line Audit Department supervised and reviewed at the second or third defence lines
Risk Control Standard and our internal control system and evaluation standards under the principles which can establish a deterrent force and fix the loopholes.
32 ｜ ｜ 33Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
For key risk areas we have released related regulations such as Regulations on Litigation Management In addition we have established an intelligence information collection and diagnosis system to analyze
Regulations on Contract Management and Regulations on Investment Risk Management to constantly and judge external environmental trends such as hot issues emergencies and market fluctuations at
improve our risk management system. home and abroad and we have worked with our business divisions to develop risk control plans for
abnormal events effectively monitor and respond to risks and avoid and control crises and negative
impacts.* Construction of strategic project management system
Strategic management risks * Progress management of strategic projects We attach great importance to the cultivation of risk control awareness among our staff and employees
* Performance assessment of strategic projects in various forms such as face-to-face lecturing online classes and publicity videos to promote
and publicize our basic theory architecture and methods of internal control group-wide to enhance
Transnational operation and the recognition and acceptance of our senior management and grassroots employees towards the
construction of our risk control system and implement the risk control concept in our daily operations.Geopolitical risks cultural risks* Establishing and improving the internal
* Addressing external risks (special research operation management system * Survey and implementation of overseas Our risk prevention and control performanceon policies interpretation of political and employment policies
economic situations) * Survey and implementation of overseas tax Year 2021 2022 2023
* Construction of external expert database policies
* Dealing with overseas fund-raising and Number of risk control audits 48 30 18
exchange gain or loss
Number of problems reflected by the audits 75 43 129
Number of risk control training sessions 0 次 4 次 2 次
Investment and merger risks Engineering construction risks Audit coverage rate (among our bases) 80% 71% 75%
* Construction of investment management * Construction of engineering project
system management system
* Formalization of pre-investment risk control * Budget and settlement of engineering
process for investment projects costs
* Construction of post-investment * Supervision and inspection of engineering
management standardization process for projects
invested enterprises 2.4 Business Ethics
Customer development risks Environmental protection safety 2.4.1 Integrity System
* Strategic project management for overseas risks
* Construction of sustainable development We have always adhered to the core concept of “zero tolerance for corruption” requiring all our staff and customers development
* (Project objectives progress and milestone system employees to strictly abide by business and workplace ethics and resolutely resist all types of violationsmanagement) * Survey and research of overseas and corruption with the aim of create a working atmosphere of “compliance integrity honesty healthenvironment protection policies* Construction of green and carbon-free positivity”.factories
Construction of an integrity system
Intellectual property risks Information security risks Workplace integrity is a basic requirement for all our staff and employees. In order to promote an
occupational spirit of integrity and responsibility among our staff and employees we formulated the
* Establishing a robust intellectual property * Establishment and improvement of Oversight and Governance Regulations and Accountability Regulations for Supervision Cases in 2023.management system information security management system
* Guaranteeing the effective implementation of * Deployment of confidential and information Based on existing regulation documents such as Regulations on Workplace Integrity Regulations on
the intellectual property management system protection system Presents and Cash Gifts Regulations on Whistle-blower Rewards and Honest and Clean Cooperation
* Litigation management of intellectual * Deployment of business continuity and
property infringement cases disaster recovery system Agreement the construction of our regulations on integrity management was perfected. Second we
defined the types of bad behaviors that our staff and employees of different positions and functional
34 ｜ ｜ 35Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
lines should try to refrain from graded the violations of rules and disciplines and clarified our supervision Integrity management of our partners
procedures. We have improved a series of provisions on the accountability of supervision cases and On the basis of strengthening our own integrity and compliance management we have paid highimplemented the principle of “taking lessons from the past and avoiding future mistakes helping others attention to the business ethics performance of our partners such as suppliers. We have formulated theby providing guidance and assistance.” Code of Conduct for Suppliers and required all our partner suppliers to sign the Letter of Commitment
Integrity supervision mechanism on Integrity and Compliance of Suppliers so as to prevent suppliers from disrupting fair market
We have established a multi-channel fraud and corruption reporting and inspection mechanism and competition with behaviors such as bribery and unfair related party transactions. During the reporting
done a series of work such as fraud and corruption clues receiving clues analysis and judgment period 953 suppliers signed the said letter of commitment.handling of cases evidence collection and fixation and disciplinary actions. We conduct group-wide
workplace integrity audits and inspections on an irregular basis while encouraging internal and external
stakeholders to supervise our integrity management.During the reporting period the company identified a number of corruption cases such as “private 2.4.2 “Whistle-blower” Systembribery acceptance embezzlement and infringement of trade secrets” which greatly deterred those
cadres and employees that failed to meet the compliance requirements and enhanced our integrity We have established a “whistle-blower” management system for uncovering problems such as violations
culture and ethical workplace atmosphere. Our performance in integrity supervision during the reporting of law and discipline to ensure the legality and compliance of our operations. We encourage and arouse
period is as follows: the initiative of internal and external personnel to uncover and report “improper practices” or other
violations of laws and regulations that may appear in the company by setting up multiple whistle-
blowing channels online and offline and improving the mechanism of “bottom-up pressure” so as to
Departure audits of employees on Number of personnel handled for expose the various incorruption practices in our operation and management and effectively guarantee
Retrieved loss
sensitive positions fraud our compliance management and orderly development.Direct retrieved loss of 4.701 million Whistle-blowing sources: emails phone calls WeChat accounts; types: violations of discipline and fraud.Internal personnel: 7 person-times
yuan During the reporting period a total of 4 whistle-blower cases were received through our whistle-blowing
In 2023 15 person-times mechanism 2 of which have been handled with a completion rate of 50%.Retrieved loss of shares: 247416
External personnel: 5 person-times
shares
* Tel and Wechat: 150 5742 6133 (Wechat account: Ronbay Clean Practice)
Construction of integrity culture * Whistle-blowing email: jubao&ronbaymat.com;
* The company’s WeChat: whistle-blowing and complaint;
We have integrated integrity culture into our business philosophy and organized integrity publicity
education and training among all our staff and employees. During the reporting period three workplace * Whistle-blowing QQ: 2140 436 461;
integrity publicity sessions were launched group-wide with a coverage of 100% in business ethics * Mailing address: The Supervision Department of Ronbay Risk Control Center 39training for new employees. In addition we require all employees to sign the “Letter of Commitment Tangjialing East Road Yuyao Zhejiang.on Employee Integrity” which has been signed by 100% of our staff and employees to create a working
atmosphere for “combating corruption and upholding integrity”.Our performance indicators in business ethics construction
Whistle-blower protection
Year 2021 2022 2023 We will never tolerate any form of retaliation against whistle-blowers. In order to gain the trust of the
Signing rate of letter of commitment on integrity whistle-blowers and enhance the willingness of the whistle-blowers we have firmly upheld the principle
100%100%100%
among our staff and employees of “protecting the whistle-blowers” and taken a series of protection measures including: special
personnel assigned to accept and investigate the clues minimizing the number of insiders and strictly
Coverage rate of business ethics training 100% 100% 100%
prohibiting the disclosure of reported content and the personal information of the whistle-blowers.
36 ｜ ｜ 37Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
2.4.3 Protection of Trade Secrets and international laws and regulations such as the Paris Convention the Patent Law of the South Korea Patent Office the Patent Law of the US and the Patent Law of Japan. We have passed the certification of
Trade secrets are one of our important assets which play a vital role in maintaining our competitive Enterprise Intellectual Property Compliance Management System - GB / T29490 and actively promoted
advantages and ensuring our long-term development and market position. the Innovation Management - Intellectual Property Management - ISO56005. We have enacted the
System of Patent Application and Approval and Reward and Punishment and developed the measures of
Confidentiality system and measures reward and punishment for intellectual property protection.We have established a strict internal confidentiality system to ensure that all employees understand and In 2023 we were continuously awarded “National Advantaged Enterprise in Intellectual Property” and
comply with it. Without approval the business secrets such as product plans prices business strategy “Demonstration Enterprise of Intellectual Property in Zhejiang Province”.other technical information and business information accessed during work may not be disclosed to the Starting from our business strategy we have achieved patent portfolios by applying for patents in a
outside world or other employees who have no right to be informed for any reason or in any form. We timely manner selecting the right regions and protection scope and adopting a patent layout strategy
have established a corporate culture of protecting trade secrets to make every employee safeguard the which not only safeguards our products and technologies but also builds a legal barrier against external
secrets consciously. challenges. Through the hierarchical and classified management of intellectual property fruits such as
patents we have strengthened their commercialization and application to empower our products and
Our protection measures for business secrets markets. We have accelerated the patent grant cycle and ensured the quality of our patents by making
Enhance the awareness of confidentiality among our employees to ensure that they know full use of the domestic patent fast-track pre-examination system and priority review system.Business secret
how to correctly handle business secret information and know the legal consequences of
protection training
disclosing such secrets. We have set up a team for intellectual property dispute handling and patent operation composed of the
intellectual property department of the group the intellectual property lawyers of professional law firms
Sign an NDA with our employees partners suppliers and other third parties or introduce
No Disclosure Agreement
confidentiality clauses into our contracts to specify the confidentiality obligations and and the professionals of intellectual property agencies. The team insists on safeguarding our legitimate
(NDA)
liabilities for breach of contract. rights and interests with professional intellectual property related work actively dealing with patent
Apply such means of technology as encryption technology access control system and disputes and safeguarding our intellectual property rights and interests.Control with technical network security solutions to protect our business secret information during storage and
measures transmission including the classification of sensitive information storage access control
and security measures during transmission of such information. Case study Umicore litigation protection
Since 2019 Umicore Company and South Korea Umicore Co. Ltd. (hereinafter referred to as
Intellectual property protection Umicore) have launched intellectual property lawsuits and trade investigations against Ronbay
We have established and implemented the principles for Technology’s NCM lithium positive electrode material products in China and South Korea
respectively.intellectual property protection “protecting innovation fruitsstrengthening product competition respecting intellectual rights During the reporting period after the expert conclusion of the domestic S85E product lawsuitand interests and achieving commercial success” with a strategic was released Umicore withdrew the lawsuit; in the S6503 product lawsuit the original judgment
goal to establish “our global intellectual property advantages” of the Supreme Court was upheld which rejected and ended the appeal of Umicore. In South
Korea we managed to nullify the similar South Korean patents involved in S85E and the trade
by constantly optimizing and perfecting the construction of
investigation of the South Korea Trade Commission initiated by Umicore was terminated.our intellectual property system and regulating the creation
management application and protection of our intellectual The related invalid cases were also terminated after Umicore took the initiative to withdraw the
property rights such as patents trademarks business secrets appeal. Since then the patent dispute between Ronbay Technology and Umicore for more than
four years has been concluded. It indicates that the company has the technology leadership and
copyrights and software copyrights.the R&D independence in the field of NCM lithium positive electrode materials with independent
We are engaged in global intellectual property related work as intellectual property rights which provides the necessary intellectual property guarantee for us
per domestic laws and regulations such as the Patent Law of the to continue to expand the global market.PRC the Anti-Unfair Competition Law of the PRC and the Guide
to Intellectual Property Management of Industrial Enterprises
38 ｜ ｜ 39Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
2.4.4 Information Security and Privacy Protection We have carried out normalized operation on modules such as security risk identification supervision and
audit realizing the rapid warning before an abnormal information security event interception during the
Information security event and log tracing after the event.In order to implement the requirements of the globalization strategic layout quickly respond to the During the reporting period our headquarters and subsidiaries conducted 6 internal information security
globalization and development of our business we developed information security management audits and 1 third-party information security audit; continuously investigated the use of personal computers
capabilities for the era of globalization. and identified 2 violations; continuously performed information security audit upon departure among 168
Strictly observing the information security related regulatory guidance we analyze the laws and regulations employees with 4 violations identified and the risks eliminated before their departure.and security certification requirements in the field of information security in countries and regions such as For the violations we punished and held accountable those responsible in accordance with our regulations.Japan South Korea America and Europe. Based on our business globalization scenarios we have finished a
compliance risk report an insight report on the information security qualifications and requirements of the
global new energy automobile industrial chain a general scheme for global network and information security Privacy protection
construction and a feasibility analysis report on the globalization of information system. In our daily operation we may have to collect and handle the personal information of visitors partners
During the reporting period we focused on the group’s information security diagnosis and construction employees and customers covering business scenarios such as personal information collection and use
plan upgrading. For all bases and the core information system we carried out comprehensive diagnosis and sharing entrusted by third parties. We try to regulate privacy protection and data security under the
and rectification of information security started with the security technology means and the best principles of “minimizing the necessity of data collection” “maximizing the users’ right to know and decide”
industrial practice and based on the globalization compliance research results in the field of information and “safeguarding security in all aspects”.security upgraded our information security construction planning and path for 3-5 years. We strictly abide by the related laws and regulations on data security and privacy protection at home and
abroad such as the Law of the PRC on Data Security the Law of the PRC on Personal Information Protection
Regulations on Data Exit Security Evaluation the Law of South Korea on Personal Information Protection
Construction domain Work item Construction content and effectiveness and other regulatory guidelines of the countries where our business is located interpret the risk warning filesSix core systems have been enacted “Administrative Regulations on released by regulators follow up on the dynamics of privacy protection events and external warning andPersonnel Information Security” “Administrative Regulations on Terminal identify and resolve the risks in privacy protection and data compliance in time.Information security Security” “Administrative Regulations on Information Security Monitoring”
system construction “Administrative Regulations on Information Security Audit” “Administrative When we entrust service provider to handle data we require them to confirm the purposes deadline howInformation security Regulations on Information Security Test” and “Administrative Regulationson File System” which have been translated into Korean and introduced into to handle it types of personal information protection measures and rights and obligations of both sides in management
overseas bases. the contract terms and ensure that the third party understands and agrees to abide by these terms and
Information security Completed the construction of an information security training system and
applicable laws and regulations to reduce the risks of data leakage and abuse.training system realized the training of information security awareness laws and regulations During the reporting period the company had not been punished by relevant departments for violations of for all employees. laws and regulations related to information security and privacy protection.Terminal security Deployed the group’s unified desktop management platform.Deployed the terminal data encryption management platform unified
Data security the document management system and established a global data loss
Information security prevention mechanism. Case study Personal information protection of our factory
technology construction in South Korea
Combined with SD-WAN and cloud networking technology the group built a
Network security global wide area network deployed the second-generation firewall IDS IPS Internet access management and other devices and established a safe VPN 1、A third-party consulting company was invited to conduct research on the Personal
channel. Information Protection Law (“PIPA”) and other laws and optimize the business processes of
our factory in South Korea including human resources and logistics based on the research
Information security Completed the information security diagnosis for 11 bases (including South results.diagnosis Korea) and 18 core IT systems (including SAP) and a total of 279 problems Key measures 2、Adhering to the principles of legality legitimacy and necessity in collecting personal were identified and rectified. information.
3、For personal sensitive information all individuals concerned have been informed ofDeepened information Established three construction domains namely “information securityInformation security purpose and use of such information and personal consent has been obtained.security construction management information security technology information securityoperation and construction path operation” and 34 construction tasks.Digital and information Ensuring personal privacy was fully protected in the collection use storage and transmission
security module Promoted special research on overseas compliance of information security
Main results of personal information.overseas compliance and optimized information security solutions network construction planning
research and IT deployment schemes
40 ｜ ｜ 41Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Customer priority
Response to all complaints - an official reply to our customers within 24 hours with a customer
complaint settlement rate of 100%
03 Building Competitiveness In 2023 our average customer satisfaction degree reached 96.8% without any product recall event.in Globalization Delivery Innovative R&D
Continuous efforts were made in the four aspects of the construction of our R&D system with
with Innovation an R&D investment of 354.2445 million yuan.Strengthened our competitive advantage in high-nickel materials and deployed in the
innovative R&D of LMFP and sodium battery materials.In 2023 357 applications for patents were submitted and 110 patents were granted.
3.1 Become a Partner Preferred by Customers
3.2 Leading Core Competitiveness in R&D with Innovation Participated in the formulation or revision of 5 national standards 1 industry standard and 5
group standards.
3.3 Responsible Procurement Responsible procurement
3.4 Advanced Manufacturing and Lean Quality In 2023 the scope of our sustainable supply chain management gradually extended to
cover contents such as product carbon footprint recycling materials and corporate social
responsibility management while introducing the RBA code of conduct.Sustainable supply-implemented the green procurement projects with closed-loop recycling to
form a complete industrial closed-loop ensure the recycling of raw materials without loss so
that the use of recycling materials accounted for 7-8% of all raw materials used by us.Adhering to the concept of “becoming the strongest working with the strongest on the basisof coexistence and blend” we established a comprehensive strategic partnership with Nio and
EVE Energy in 2023.Lean quality
Eight major bases all passed the ISO 9001 and IATF 16949 quality control system certification
The annual qualification rate of shipment batches was 99.999% and no complaint above grade
C was received.“Three Never Policy” for the management of hazardous matters-never accept raw materials
containing hazardous matters never manufacture products containing hazardous matters and
never ship products with hazardous matters exceeding the standard.
42 ｜ ｜ 43Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
3.1 Become a Partner Preferred by Customers 3.1.2 Customer Satisfaction
Ronbay Technology carries out customer satisfaction
3.1.1 Customer Service survey every year from perspectives such as product Customer Satisfaction Questionnaire
percent of pass timely delivery rate and response
Ronbay Technology is committed to becoming a leader in high quality products and customer service in to customer complaints. By quantifying customer 96.69 96.10 96.80
the industry. Adhering to the “customer-centered” service concept we try to understand and meet the satisfaction we analyze our current shortages and
demands of our customers in all aspects improve the customer satisfaction with our services and the organize relevant departments to address these
efficiency of our response to their demands. shortages in time. During the reporting period according
Customer service mechanism to the weight analysis of the monthly and annual
customer satisfaction survey results in 2023 our average
Ronbay Technology is committed to providing customers with standard services and stable and reliable customer satisfaction degree reached 96.8%. In 2023 we 2021 2022 2023solutions. During the reporting period the company released documents such as “Management were honored as an outstanding brand of lithium batteryFlow of Customer Demands” “Control Procedure for Customer Demands and Contract Review” and material and technology in the “OFweek Cup” and a
“Administrative Regulations on Sales Contracts” launched the customer relationship management brand most well-received by the users.
(CRM) system to transfer domestic and foreign customer management of countries and regions such as
China South Korea the United States Japan and the European Union to the online platform so as to
achieve traceable customer information visual sampling flow and standardized and information-based
management of internal sales orders control improve the full cycle of customer service management 3.2 Leading Core Competitiveness in R&D
mechanism and optimize the customer service experience. with Innovation
Customer complaint handling mechanism
Ronbay attaches great importance to the protection of customers’ rights and interests and has 3.2.1 Construction of R & D Platform and System
established a complete set of customer complaint acceptance processing and feedback handling
procedures. During the reporting period we revised documents such as the Customer Service Control Concept and goals of R&D
Procedure and Administrative Regulations on Customer Satisfaction improved the customer service
standardization requirements and product recall mechanisms and conducted all-round customer Innovation is the primary driving force of the new energy industry. We uphold the R&D concept ofsatisfaction surveys to ensure the timeliness fairness and smoothness of our customer complaint “respecting knowledge and cherishing talents continuous innovation customer orientation opennesschannels. and cooperation”. Supported by our “global R&D layout efficient R&D system and competitive talents”
we have stepped up our effort in scientific research and innovation and mining of innovative talents.In order to ensure that all customer complaints can be handled quickly and effectively we perfected While deepening our advantages in high-nickel material we keep expanding our presence in new
the division of labor and responsibilities among each department handling customer complaints and materials and technologies deploying the intellectual property rights of our industrial chain so as to
our complaint classification and handling standards established our standard for response and reply become a leader in the cutting-edge technology of the global new energy material industry and provide
to customer complaints in 24 hours and provided a timely insight into customer feedback and a more a strong technical support for the globalization of our business.efficient response to their demands. Whenever it was necessary we would organize a special session or
pay a visit to our customers to avoid similar customer complaints and continuously improve our products Ronbay has set its innovation and R&D goals for the next 10 years:
and services. During the reporting period the handling rate of customer complaints was 100%. * Leading in ternary positive electrode industry and breakthrough in the differentiation of precursor
Product recall mechanism technology;
We have set up a three-level product recall system to provide customers with a full range of quality * Leading in positive electrode technology industry and differentiation of precursor technology;
assurance. When any defective goods are identified we will immediately notify the customers and launch * Leading in positive electrode /precursor technology and corner overtaking in negative electrode /
the recall mechanism according to the urgency of the event to minimize the loss of customers. During the differentiation of recycling;
reporting period no product recall events took place. * Globally leading in new energy technology
44 ｜ ｜ 45Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
R&D platform layout We attach great importance to the deployment of R&D qualification. The company has maintained the
honorary title of a national high-tech enterprise all the year round. Our Central Research Institute was
During the reporting period the international deployment of our R&D platform was smoothly advanced awarded as a National Enterprise Technology Center in 2023 and has set up a post-doctoral workstation.and significant progress was made in the construction and preliminary preparation of several R&D It was also the Enterprise Engineering (Technology) Center of Ningbo and the Key Enterprise Research
centers. The preliminary work of Hubei New Energy Technology Research Institute has been basically Institute of Ningbo in 2023.completed and the project construction is progressing steadily which is expected to be officially put
into use in 2025; key tasks such as the preliminary planning demonstration technical analysis and
demonstration and operation and management plan of our R&D center in South Korea have been
completed and the project will be advanced at a faster pace later. Our R&D centers in the United States
and Europe have finished the site selection demonstration. Our R&D platforms in Beijing and Shanghai
have entered the stage of early planning.Construction of R&D system
On the basis of our global R&D layout our Central Research Institute has actively innovated and explored
to perfect the construction of our innovation and R&D management system with a strategic goal to
“become a high-tech company with the highest commercial values in the global field of battery” andaround four parts namely “development process system frontier research system talent developmentsystem and intellectual property system”. During the reporting period we have continuously exerted 3.2.2 Innovative and R&D Achievements
efforts on the four aspects of the construction of our R&D system by increasing our investment and
working carefully to establish an R&D platform supporting our products to be renewed and upgraded We continue to enrich and expand our R&D team increase R&D investment and carry out R&D activities
and ensuring our industrial leadership in terms of product technology. having made significant achievements in such aspects as product innovation R&D patents and industry
standards. During the reporting period our investment in R&D reached 354.2445 million yuan.Our R&D investment during 2021-2023:
Integrated Product Development confirms the framework and content of product
Development management and establishes the business flow of cross-functional departments. R&D investment / year 2021 2022 2023
process It integrates the main activities required by product packages and ensures the
fulfillment of milestones in the plans delivery and life cycle of projects. R&D investment (ten thousand yuan) 35950.26 48655.43 35424.45
5V spinel:In the Mn rich system lithium ions can be all involved in the electrochemical
reaction with distinctive cost advantages;
Frontier research Lithium-rich positive electrode:it can be cobalt-free system with lower toxicity
R&D achievements
system environment-friendly and with low costs satisfying diverse application scenarios and
Since its establishment Ronbay Technology has been focusing on the new energy industry and deeply
requirements. engaged in the research and development of battery positive electrode materials and precursors. The
Solid state battery:based on the battery electrochemical system covering the entire company takes the industry-leading IPD R&D model as the core oriented around customer demands
R&D process ranging from materials to electrode plate to battery cell technology
and regards customer demands as the direction of our development. We take and manage product
development as an investment project. Through cross-department collaboration we have achieved
Launching industry-academy-research cooperation
Talent efficient product iteration and upgrade. Now we further strengthen our advantages in high nickel
development Implementing the “Hundred Talents Program” to introduce talents materials while accelerating our deployment in the innovation and R&D of LMFP and sodium battery
Building post-doctoral workstations materials effectively reducing the use of nickel and maintaining our leading innovative technology.Our main core technology covers related materials such as lithium / sodium battery positive electrode
Aligned to objective law laws policies and standards in fully building our intellectual materials precursors recycling of resources engineering equipment technology and solid-state
Intellectual property management system
property system batteries. Meanwhile we have made breakthroughs in the development of positive electrode materials
Passing the certification of intellectual property management system with high capacity and high safety and the preparation technology of these materials.
46 ｜ ｜ 47Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Case study Product and technology innovation Case study Monocrystal size of ternary materials increased
with innovation
1. Ultra-high nickel polycrystalline products with a high capacity a low cost and low
Introduced new elements to realize the anode and anode ion co-doping optimize
impedance; Key
Positive the size of monocrystal particles and improve the particle strength;2. Ultra-high nickel monocrystal products with a high capacity a low cost and an
measures Optimized the sintering process to effectively solve technical problems such as
electrode excellent high-temperature cycle performance which have been accepted by our
increased defects and brittleness.innovation key customers;
3. Medium and low-nickel products with a low cost and a high voltage that have
been put into mass production for the customers. Effectively promoted the high nickel monocrystal purity and application market of
Main results high nickel materials in high voltage improved the performance of traditional liquid
batteries and solid state batteries.
1. 8 series small particle precursors have achieved the process finalization and mass
production;
Precursor
2. 9 series precursors with the characteristics of a high capacity a long cycle life;
innovation
3. Ultra-high nickel precursors have an excellent performance in such aspects as
capacity and high-temperature cycle. Product patents
Relying on our outstanding capabilities in scientific innovation and industry mergers and acquisitions we
1. Our preparation technology in high-nickel large monocrystal with a high density
and high thermal safety recognized by our major customers worldwide; have mastered a number of core technologies of the industry. During the reporting period we refreshed
2. The preparation technology of high-quality nickel positive electrode with a high our record in the grant of invention patents with another 357 patent applications submitted by us and
Technical capacity and high cycle stability suitable for sulfide all-solid-state battery has been 110 patents granted. Through a comprehensive and effective global patent layout strategy we’ve built
innovation recognized by major customers at home and abroad; up a “moat” for our technologicl innovation.
3. Our preparation technology for lithium-rich manganese based positive electrode Thus far we have submitted 961 patent applications and won 450 patents at home and abroad. The
materials with a low cost a high capacity and a high density has been recognized scope of our patent protection covers cutting-edge products such as spinel nickel manganese lithium-
by our major customers at home and abroad. rich manganese base solid state battery materials and key products such as high nickel 8 series 9
series ternary precursors and positive electrode materials covering engineering equipment monitoring
recycling as well as upstream and downstream fields of the industry chain such as electrode sheets and
batteries.Case study Development of high nickel positive electrode with
an excellent comprehensive performance Accumulated patents 2021 年 2022 年 2023 年
Established the relationship between the organizational form and structure ion Invention applications 125 261 492
mixing lattice oxygen release and electrochemical properties of ternary materials;
Key
Achieved the balance of ion and electron composite conductive network of the Invention patents granted 60 72 104
measures
interface buffer layer and analyzed the mechanism of free lithium and buffer layer
in situ. Applications for utility models 122 343 469
Utility models granted 81 274 346
Main results Increased battery energy density
Note: Four utility models and two invention patents expired in 2023
48 ｜ ｜ 49Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Standard preparation 3.2.3 Open Cooperation Mechanism
Ronbay Technology focuses on the increase of material varieties and the improvement of In 2023 Ronbay Technology launched open cooperation and reform activities such as government
technical capacity in the new energy industry and constantly promotes the standardization and enterprise cooperation university and enterprise cooperation and industry-academy-research
of the new energy materials industry. At present we have participated in the formulation cooperation built a bridge of communication with different platforms and launched industrial co-
or revision of 5 national standards 1 industry standard and 5 group standards and have building in pursuit of win-win cooperation.become an active participant in promoting the technological progress and development of the In terms of industry-academy-research cooperation Ronbay Technology has established long-term and
industry. in-depth cooperative relations with a number of universities and research institutes. In 2023 we signed
technical cooperation agreements with universities such as Tsinghua University and University of Science
and Technology Beijing and carried out a series of research and development cooperation projects.Serial Standard The centralized management
Standard title Type Classification During the reporting period we joined hands with organizations such as Beijing Welion New Energy
number number organization
Technology Co. Ltd. to assume the key national project of the Ministry of Science and Technology
The National Technical
GB/T 20252- National “lithium ion solid-state power battery with a high energy density and a long service life” and worked with
1 Lithium cobalt oxides Committee for Standardization Product
2014 standard renowned local enterprises and universities of Ningbo to assume ongoing major scientific innovation
of Nonferrous Metalsprojects of Ningbo in 2025 such as “development of MFPW positive electrode materials used forHigh-temperature performance
The National Technicaltest method in the electrochemical GB/T 43092- National sodium ion batteries” “R&D of next-generation NCMW power battery” and “development and industrial
2 Committee for Standardization Method
performance test of lithium battery 2023 standard application of key continued production technology of lithium battery positive electrode materials and
of Nonferrous Metalspositive electrode materials precursors” which are advancing smoothly promoted by all partner organizations.The National Technical
Test method for powder compressive GB/T 43091- National
3 Committee for Standardization Method
strength 2023 standard
of Nonferrous Metals Government-enterprise cooperation:
The first discharge specific capacity
National Technical
and charge-discharge efficiency in the GB/T 43093- National Case study strategic cooperation reached with the People’s
4 Committee on Color Metals Method
electrochemical performance test of NMC 2023 standard
Standardization Government of Xiantao City Hubei Province
battery
Magnetic foreign body and residual alkali
GB/T 41704- National China Nonferrous Metals On September 5 2023 Ronbay Technology signed a strategic cooperation agreement with the
5 test of positive electrode material of Method
2022 standard Industry Association People’s Government of Xiantao Hubei Province. Chen Ping Vice Governor of Hubei Province
lithium ion battery met with the delegation led by Bai Hushan chairman of Ronbay Group and witnessed the
The National Technical
YS/T1125- Industry signing of the agreement. According to the agreement Ronbay Technology will build a new
6 NCA Committee for Standardization Product
2023 standard production capacity of 100000 tons of LMFP and 50000 tons of sodium battery positive
of Nonferrous Metals
electrode materials in Xiantao High-Tech Development Zone. The total investment of the
Electrical performance requirements and T/DZJN 206- Group China Electronics and Energy project is about 3 billion yuan which is expected to be completed and put into operation in
7 Method
test method of sodium ion batteries 2023 standard Saving Technology Association 2026 to support the high-quality development of Xiantao’s economy and industry.Safety performance requirements and T/DZJN 207- Group China Electronics and Energy
8 Method
test method of sodium ion batteries 2023 standard Saving Technology Association
The National Technical
Quality grading and evaluation of non- T/CNIA Group
9 Committee for Standardization Management
ferrous metal processed products 0126-2021 standard
of Nonferrous Metals
Technical specifications for cascade Group Standard Committee
T/ACEF 025- Group
10 utilization of energy storage on power of China Environmental Management
2021 standard
consumer side Federation
Technical specifications for green design
T/DZJN Group China Electronics and Energy
11 product evaluation: lithium ion battery- Management
112—2022 standard Saving Technology Association
multicomponent composite materials
50 ｜ ｜ 51Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
University-enterprise cooperation: procurement and green low-carbon supply chain joining hands with our suppliers to develop a
Case study Assuming a major project of Ningbo Science and sustainable supply chain that is “efficient safe collaborative and green” through cooperation in diverseTechnology Innovation for 2025 with Ningbo University forms and channels and practicing our New Integration Strategy of “becoming the strongest andworking with the strongest on the basis of coexistence and blend”.On September 5 2023 Ronbay Technology signed a strategic cooperation agreement with the In terms of supplier selection according to the requirements of the Guide to Responsible Supply Chain
People’s Government of Xiantao Hubei Province. Chen Ping Vice Governor of Hubei Province Due Diligence for Ore from Conflict-Affected and High-Risk Areas (hereinafter referred to as OECD Due
met with the delegation led by Bai Hushan chairman of Ronbay Group and witnessed the Diligence Guide) Guide to Due Diligence of Responsible Ore Supply Chain in China and RMI/RCI Cobalt
signing of the agreement. According to the agreement Ronbay Technology will build a new Supply Chain Due Diligence Standards and other requirements we introduced the requirement of ore
production capacity of 100000 tons of LMFP and 50000 tons of sodium battery positive supply chain due diligence into the admittance process of all cobalt suppliers and required them to
electrode materials in Xiantao High-Tech Development Zone. The total investment of the submit the KYS form of suppliers and accept evaluation.project is about 3 billion yuan which is expected to be completed and put into operation in
2026 to support the high-quality development of Xiantao’s economy and industry. Supplier Supplier Removal of Maintenance of
Integration Evaluation Suppliers Suppliers
Enterprise cooperation: 1.Collect supplier’s 1.Quality 1.Removal Principles 1.Communication
Case study Assuming the national key R&D plan of the Ministry of material information 2.Environment (no cooperation for a 2.Training and GuidanceProtection Safety
Science and Technology with Welion New Energy etc. 2.Submit KYS long time/disqualified/3.Information Safety 3.Experience Exchangequestionnaire blacklisted)
4.Recyclable Materials 4.Complaint Handling
In 2023 we worked with organizations such as Beijing Welion New Energy Technology Co. Ltd. 3.Supplier registration 2.Removal Procedure5.Business Ethicsto assume the project of “lithium ion solid-state power battery with a high energy density and and evaluation (RBA 6.SA8000Code of Conduct)a long service life” a special project of “New Energy Vehicles” a key R&D plan of the Ministry 7.Intellectual Property
of Science and Technology. The project Rights
8.Carbon Emission
is mainly engaged in the research and Management
development of in situ solid-state power
lithium-ion batteries with a high energy
density a long service life and a high
safety performance. Through the project Case study GEM - Supplier sustainability review
it will continuously strengthen the core
competitiveness of China’s battery industry In October 2023 Ronbay organized the supply chain management department
and bring breakthroughs to the world’s to review the sustainable development of the supply chain for the supplier
automobile power technology. Jingmen GEM New Material Co. Ltd. (hereinafter referred to as the supplier).The audit was carried out according to the OECD Guide to Due Diligence of
Key measures Responsible Supply Chain of Ore from Conflict Affected and High Risk Regions
ISO14067-2018: Quantization Requirements and Guide of Greenhouse Gas
Product Carbon Footprint and Social Responsibility Standard SA8000 including
3.3 Responsible Procurement the evaluation of responsible ore procurement product carbon footprint
management system and corporate social responsibility management system.
3.3.1 Responsible Procurement Practice
Assisted suppliers in their improvement through alignment with best practices
Main results
As a leading enterprise of high-nickel ternary materials we are committed to building a globally and problem identification.competitive circular industrial chain around the “Battery Triangle Strategy” promoting the responsible
52 ｜ ｜ 53Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
3.3.2 Promote the Construction of a Green and Low- 3.3.3 Joining Hands with Our Partners
carbon Global Supply Chain
During the reporting period Ronbay Technology signed and reached strategic cooperation agreements
with NIO Automobile and EVE Lithium Energy successively.With the release and enactment of the EU Battery Law and the implementation of our globalization
strategy the sustainable management scope of our supply chain has gradually expanded to cover
contents such as product carbon footprint review circular materials and corporate social responsibility Strategic Partnership Signing Ceremony between
management and introduced RB code of conduct requirements such as environmental protection and Case study Ronbay and NIO
occupational health and safety information security integrity and compliance business ethics and
intellectual property management. On February 24 2023 Ronbay Group and NIO signed a strategic cooperation agreement in
In order to promote the green and low-carbon supply chain Ronbay Technology advocates resource Hefei. Under the principles of “integrity mutual trust and in-depth integration” Ronbay and
saving among suppliers collaborates with them to improve the raw material structure of the supply NIO have established a comprehensive
chain and explore a new route of battery material manufacturing. In 2023 Ronbay implemented the strategic partnership with upstream and
supply chain optimization strategy included the utilization rate of recyclable materials in the supplier downstream industrial chains of new
performance assessment indicators of suppliers developed two recyclable material procurement energy battery. Both sides would fully
channels increased the use of recyclable materials in our products and promoted the improvement of unleash their respective advantages
the ability of existing suppliers in the supply chain to utilize recycled materials. in products technologies and product
During the reporting period Ronbay promoted the green closed-loop recycling project of ternary wastes capacity to explore the feasibility and plan
which reprocessed such wastes into raw materials for recycling so that the use of recycled materials of cooperation around the battery industry
accounted for about 7-8% of all raw materials of the company realizing the green and low-carbon goals collaboration system.of energy saving emission reduction and consumption reduction.Case study Strategy Partnership Signing Ceremony between
Ronbay and EVE
1. Improving ESG sustainability evaluation of supply chain and On May 27 2023 Ronbay and EVE held a strategic partnership signing ceremony in Huizhou.
promoting the construction and certification of upstream supplier According to the Agreement both sides would launch strategic cooperation in the fields
Sustanable system. of battery and materials including a comprehensive cooperation in terms of product
2. Construction of a sustainable supply chain system of our
procurement development technology development subsidiaries and branches worldwide and promotion of the market and supply chain development in
planning corporation’s supply chain sustainable complaince. such fields as high-nickel ternary materials
3. Establishing a digital management system for the management of and LMFP positive electrode materials and
supply chain tracing and carbon footprint and other information. new product development and technology
innovation for the next generation of
battery and materials thus making more
contributions to the industrial innovation
and development.
54 ｜ ｜ 55Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
According to the system certification requirements we constantly improve the quality control system
3.4 Advanced Manufacturing and Lean and improve the quality control. By the end of the reporting period our manufacturing bases have
Quality passed the ISO 9001 and IATF16949 quality system certification.Summary of quality control system certification results
3.4.1 Advanced manufacturing leads the upgrading Product module Production base 2021 2022 2023
Ezhou Hubei √ √ √
of industrial bases Ternary positive Zunyi Guizhou √ √ √
Ronbay Technology gives full play to its innovation and development ability pays close attention to electrode Xiantao Hubei √
customer demands and dynamics of industrial frontiers not only deploys cutting-edge products JS South Korea √
such as sodium battery and LMFP in product innovation and taking the lead in the industry; but also Xiaocao’e Yuyao √ √ √
continuously steps up the manufacturing process improvement and technical innovation of battery
positive electrode materials continuously improves the innovation capacity of engineering design and Precursor Linshan Yuyao √
equipment and the capabilities in information management and digital application and comprehensively EMT South Korea √ √ √
improves its professionalism. LMFP Zhongbei Shanxi √ √
During the reporting period Ronbay Ezhou production base’s phase 5-2-2 expansion project Zunyi
production base phase II expansion project and phase I of a new project in South Korea were completed
successively. All these projects introduced the concepts of advanced manufacturing and green and low Quality control architecture
carbon from the beginning of planning and design and constructed and operated from such aspects as The company attaches great importance to quality innovation setting up quality innovation groups
the overall planning and layout optimization production line design upgrade and innovation equipment at all levels mainly focusing on external market research R&D and equipment quality and innovation
upgrading digital system planning low energy consumption and low emissions and management management introduction and promotion of advanced quality management methods etc.technology application with characteristics such as improving production environment and production
efficiency energy consumption and cost reduction and lower environmental emissions.Quality control throughout the life cycle of products
In 2023 we continued to carry out quality control with the concept of product life cycle management
using quality tools such as IPD APQP FMEA MSA and SPC and launched quality control activities
3.4.2 Comprehensive Quality Management to Achieve throughout the life cycle of products and achieved end-to-end closed-loop management to ensure that our products meet customer demands and solve their appeals and the challenges faced by them.
Lean Quality
Construction of a comprehensive quality control system R&D quality control
Considering that product quality is determined by design in 2023 we established a quality auditAdhering to the core concepts of “customer priority technology innovation legal compliance standard mechanism for the research projects based on the implementation of IPD and conducted full coveragemanagement risk control and continuous improvement” we provide our customers worldwide with high and targeted audits for all projects under research. The IPD model integrates five quality tools and APQP
quality products continuously increasing hardware investment to upgrade our equipment; in terms of requirements and develops a complete set of review tools involving new product design and existing
software we continuously strengthen ISO9001 and IATF16949 quality control mechanism to enhance the product improvement. We formulated and monitored product quality plans based on the concept of
awareness and capabilities of our personnel. Through digital systems such as IPD MES LIMS CRM and prevention through multiple engineer roles and carried out quality and reliability analysis and evaluation
SRM we continue to improve the quality control system throughout the life cycle and win the trust of our according to the maturity of technology. Meanwhile we carried out related training on quality control
customers with the best quality. and guaranteed product quality throughout their life cycle.
56 ｜ ｜ 57Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Laboratory reliability management
By the reporting period of 2023 we had established professional laboratories in all manufacturing and
development bases that meet the performance test of all products including 8 categories of chemical
tests or more 9 categories of physical tests or more and 3 categories of electrical performance tests
or more. Among them Hubei and Yuyao laboratories are managed according to CNAS standards and
have completed CNAS certification. With the experimental equipment as the platform we focus on
the improvement of product reliability and improve our product reliability testing capacity through
professionals so as to ensure that the products can work normally under different environments and
conditions.Power buckle test system X-ray diffractometer (XRD) Inductively coupled Plasma Emission Spectrometer (ICP-OES)
Chemical detection> 8 categories Physical detection of> 9 categories Marvin 3000 laser particle sizer SEM（SEM）
Fully automatic Micrometrtics specific
surface instrument
* Element content test with inductively * Laser diffraction particle distribution test;
c o u p l e d p l a s m a a t o m i c e m i s s i o n * Specific surface area analysis and test;
spectroscopy (ICP); * Metal powder vibration solid / apparent density
* Metal-based foreign body content test; test;
* Copper and zinc content test; * Karl Fischer Coulometric titration moisture
* PH value test; test;
* Acid / water-insoluble material test; * Powder electrical resistivity test;
* Alkali content test; * Metal powder dry sieve test;
* Nickel manganese cobalt content test; * Foreign body analysis / metal particle test;
* Complex copper test; * The SEM test;
* X-ray diffraction test / energy spectrum
analysis test
* First discharge capacity of lithium-ion buckle
battery;
* First-time efficiency test;
* Full-battery performance test;
Electrical performance tests> 3 categories
58 ｜ ｜ 59Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Supplier quality management
Ronbay has always selected and cooperated with high-quality suppliers in the industry and regulated
the quality management of suppliers from development introduction and mass production and
delivery through the Supplier Quality Management Manual. In 2023 we completed the quality audit of
54 suppliers identified more than 900 problems and assisted suppliers to complete all improvements.
Meanwhile we completed the development and introduction of 13 new suppliers and eliminated 2
suppliers to ensure that the products provided by the suppliers meet our quality standards.Process quality management
During the reporting period Ronbay Technology made special improvements according to the specific Quality digitization
requirements such as the safety characteristics of metal foreign bodies in the battery industry and used In 2023 we witnessed a major transformation in our quality control based on digitalization established
process quality control tools such as metal foreign body FMEA key equipment FTA and process specific the QMS system model completed the quality capturing and interface scheme for the manufacturing
SPC control to achieve the leading quality in the industry and meet the requirements of international execution system (MES) and laboratory information management system (LIMS) built an information-
high-end customers. Meanwhile special activities of copper and zinc foreign bodies were carried out. On based system and a digital base with the characteristics of Ronbay so as to achieve digital empowerment
the principle of no introduction no generation and no outflow the specification control was achieved in for our quality control realize the automatic calculation and judgment of product data improve the
the whole process from raw materials to equipment process and to the shipment of finished products efficiency and accuracy of product quality control and lay the foundation for digital transformation for
and control methods such as rapid extraction test of metal foreign bodies and morphology analysis of the company.metal foreign bodies were developed. For the key indicators of the process we conducted continuous
monitoring and analysis of the process data so that the key indicators could meet the requirements of
the product design and production capability index reduce product defects and improve the primary Quality control training
pass rate of the process. In order to continuously improve the quality control of the
group and practice the concept of quality in 2023 the whole
group carried out external training such as VDA6.3/6.5 training
Customer quality management IATF16949 auditor training and DFMEA /PFMEA training
During the reporting period we ensured a timely response to customer quality demands by optimizing involving more than 1000 participants. Through learning and
the customer quality management process. In 2023 more than 50 customers carried out 103 quality actual operation assessment more than 200 people have
audits with Ronbay with a pass rate of 100% where customer audit problems decreased by more than obtained certificates which have greatly improved the quality
50% from 2022; international high-end customers conducted reviews for more than 20 times who spoke and capability of all staff. Meanwhile the group organized the
highly of the quality control of the company. The annual qualified rate of shipment batches was 99.999% establishment of special quality training with courses such as
audit skills 8D problem solving quality awareness metal foreign
bodies and system document preparation. More than 150
training sessions were organized throughout the year involving
more than 7000 participants which enhanced the quality
3.4.3 Quality Control Improvement activity and fostered talents for our outstanding quality control.
Brand quality Quality improvement actions
Under our unremitting efforts in pursuit of excellent quality we have won honors and awards such as In order to continuously improve our product quality and consolidate our benchmark position in the
“Chinese Brand Value Evaluation“” Fifth Mayor Quality Award of Ezhou“” Outstanding Quality Award ”(awarded industry in 2023 the group carried out various quality improvement actions such as lean improvement
by EVE) “Excellent Suppliers of the Year” (awarded by CATL) and “Excellent Quality Award” (awarded by of metal foreign body management total production and maintenance (TPM) IE project improvement
Farasi) indicating that the customers spoke highly of our customer service level and product quality. and a quality knowledge quiz which further improved the company’s product quality control.
60 ｜ ｜ 61Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Case study Quality control: Case study Quality improvement：
Lean improvement of metal foreign body management Efficiency improvement of decerating machine
We have set up a metal foreign body improvement team. Based on the foreign body data and problems identified Through the mechanism research of the decerating machine & vibration
on the site the team screened 32 production lines in 8 workshops involved in the whole process of product for metal sieve 3 improvements (control points) of decerating machine were
wears optimized a total of 30 procedure documents and SOPs and publicized them in the company. identified and introduced:
The management of metal foreign body * Introduce a negative pressure dust collection equipment using
was promoted according to the highest negative pressure air in the discharge of iron to suck out the metal
international standard with the large particle foreign bodies accumulated;
size of metal foreign bodies JMS ≥ 100 μm at
zero ensuring the safety and stability of the * Introduce high magnetic magnetic rod to the pipe connecting the
products. negative pressure dust collecting equipment;
* Introduce the rotating iron remover at the feed opening of the dust
collection equipment so that the improved products’ JMS/MI data can
be reduced by 50% to meet customer requirements.Case study Quality improvement：
TPM full-staff production and maintenance case
Organized by the lean department team we carried out improvement at “six sources” (pollution source leakage 3.4.4 Hazardous Matter Management
source wear source copper and zinc source fault source safety source). Each base sets up an improvingteam to perform the improvement respectively. Each production base of Ronbay follows the standard IECQ QC080000 HSPM“ Requirements of HazardousMeanwhile through various training programs such Matter Process Management System” in implementing a complete management process of hazardous
as equipment prevention and preservation lean
production six source control equipment mastery matters from procurement of raw materials to product delivery insisting on selecting environment-friendly
standard fulfillment rate and staff skills improvement raw materials to reduce environmental impact from the source satisfy the requirements of the EU Battery
we improved the awareness and capability of all Law and other regulations and standards so as to ensure that no raw materials containing hazardous
employees on production lines. In 2023 on-site
diagnosis was conducted for around 400 times matters are accepted or products containing hazardous matters are produced or shipped out and the
to identify problems all of which were solved and company delivers green environment-friendly and pollution-free products to the customers.cleared. During the reporting period Ronbay Technology revised the Administrative Regulations on Environmental
Matters. According to the EU Battery Directive Packaging Directive RoHS 2.0 Directive Halide-free
standards REACH regulations Requirements for Prohibited Substances for Automobile (GB / T 30512-
2014) and environmental hazardous matters management requirements of our customers we controlled
Case study Quality control： the procurement production storage and transportation packaging and delivery of raw materials
Metal foreign body improvement of suppliers identified the cross pollution risks of hazardous
In 2023 the special improvement of metal foreign matters and adopted risk-based management
bodies from suppliers was conducted. Through measures to eliminate the concentration effect and
communication on the improving plan with suppliers accumulated risks at the manufacture link and ensure
and sharing the improvement progress via monthly that the products are free of hazardous matters
reports the space for improving was proposed and
the excellent experience was shared to broaden the such as lead mercury nickel hexavalent chromium
ideas for the improvement of suppliers. Finally the polybromodibiphenyls and polybromobiphenyl ether.improving effects were monitored and evaluated with For the raw materials delivered by the suppliers
the data of finished products. the suppliers are required to provide test reports
The improvement projects in 2023 were all completed in accordance with the relevant standards or the
and the MI pass rate of the suppliers reached 100% in
2023. production base conducts a self-inspection to control
the access to hazardous matters.
62 ｜ ｜ 63Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Coping with climate changes
Integrated climate risk management into our “New Integration” strategy followed the TCFD suggestions
identified and disclosed climate-related risks and opportunities and developed corresponding risk
04 Usher in the New Era of prevention strategiesFully started the carbon footprint accounting of each base (including overseas) at organizational level; completed carbon footprint verification of 23 products and carried out green and low-carbon work Carbon Neutrality with according to the resultsCollaboration in energy saving and carbon reduction
Low-carbon Cycle Completed 47 energy saving and carbon reduction projects achieving energy saving benefit of 51447.4 MWH; Hubei Ronbay passed carbon neutrality certification to become the first “carbon-free factory”
Guizhou Ronbay Hubei Ronbay and Wuhan Ronbay have obtained the ISO 50001 energy control
system certification and the certification of energy control system has been launched for other positive
4.1 Addressing Climate Change electrode factories including the Xiantao factory and the South Korea JS factory
Combined with green power trading and roof distributed photovoltaic construction promoted the
4.2 Coordination in Energy Saving and Carbon Reduction development and use of green and clean energy
4.3 Resource Utilization Resource utilization
Strengthened the cooperation with automobile enterprises battery cell enterprises and waste recycling
enterprises opened up the recycling channels and achieved the sustainable supply of materials and
products;
The number of recycled packaging materials-pallets during the reporting period exceeded 124200
Water consumption decreased by 98800 tons compared with that in 2022 and water consumption per
ton of product was 10.98 tons down by 19.3% year-on-year
Following the mission of “developing new energy industry and improving the human living environment”
we actively developed the resource recycling throughout the chain from the upstream battery
disassembly and recycling to the downstream operation and utilization promoted the construction
of sustainable supply chain based on recycling actively participated in the global response to climate
change and national “double carbon goals” developing clean energy constantly optimizing the energy
structure continuing to improve the efficiency of resource utilization to achieve energy saving and
carbon reduction.
4.1 Addressing Climate Change
Ronbay Technology has incorporated climate risk management into the company’s “New Integration”
Strategy and risk management system. In the process of business diversification and integrated
development we have conducted emission management for reducing greenhouse gases through the
whole process of business and continuously improved our climate change governance system and risk
prevention capacity.
64 ｜ ｜ 65Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
4.1.1 Climate Change Governance System Category Risk Corresponding Opportunity of risk description opportunities description Action strategy
We have established a top-down and multi-level climate change governance system fully integrated Efficient utilization of resources: reduce resource
the resources of the Group’s sustainable development committee and risk control department actively consumption and waste by optimizing the production
process and improving the utilization rate of resources;
promoted the implementation of our climate strategy and continuously improved our climate resilience. Low-carbon economic transformation: on the basis
of the carbon emission accounting reduce the carbon
Downstream
Governance Strategies Developing emissions of our own operations adopt clean energy customers Low-carbon
advanced and and promote the carbon footprint accounting of zero-
Market shifted to products and low-
The Sustainable Development Committee leads low-carbon carbon factories and products;risks lower carbon carbon supply
and oversees the implementation of ESG strategies products to Innovation promotion: promote scientific and
1. Regular disclosure of climate-related risks and products and chains lead the market technological innovation increase investment in
and actions including climate risk governance and services
opportunity identification results; product research and development improve product
carbon neutrality goal planning. The Committee
2. Establish the operational efficiency strategy; quality and create green and low-carbon products;
has an ESG Working Group that is responsible
3. Abide by climate change policies and improve Win-win ecological chain: strengthen cooperation
for planning and implementing ESG strategies with upstream and downstream supply chains to build
corporate social reputation.including climate risk assessment and carbon a sustainable industrial chain and ecosystem;
neutrality actions.Matrix of risks and opportunities in addressing climate change
Risk management Goals and indicators
1. Regularly account and disclose the Group’s
The risk control department of the company
greenhouse gas emission performance; 4.1.3 Carbon Emission Management
is responsible for reviewing the assessment
2. Establish carbon emission reduction related goals
of risks related to climate change and making In 2023 Ronbay Technology launched a comprehensive carbon accounting of each base and the
and evaluate the progress of these goals;
corresponding institutional and management
3. Following the suggestions of TCFD we consider production bases that have been put into production (Ronbay Wuhan Ronbay Guizhou Yuyao Xiaocao’e
arrangements. At the same time the risk
scenarios including global average temperature factory in Ningbo JS factory in South Korea and EMT factory in South Korea) carried out carbon
management committee with senior leaders will
rise by lower or higher than 2℃ through climate emission accounting in accordance with the requirements of ISO 14064 system and obtained a third-
continue to incorporate climate change risks
situation analysis to better understand the potential party verification certificate.into the company’s overall risk assessment and
impact of climate change on our own business and
management system. According to the carbon accounting report we actively studied and developed targeted carbon emission
stakeholders. reduction measures and plans including the feasibility plans of green electricity trading and green
certificate trading to promote the implementation of green solutions and provide a strong guarantee for
the realization of “carbon neutrality” goals in our operations.
4.1.2 Climate Risk and Opportunity Analysis
ISO14064 Organizational carbon
emissions 2021 2022 2023According to the suggestions from Task Force on High
Climate-Related Financial Disclosure (TCFD) we Range 1 (ton of CO2 equivalent) / 3628.02 7194.06
identified climate change risks and opportunities Market risks Low-carbon products
Technical risks and supply chain
conducted a comprehensive assessment of the Attracting high-level Range 2 (ton of CO2 equivalent) / 319310.58 516925.13talents
impact of climate change risks and opportunities Range 3 (ton of CO2 equivalent) / 1828698.03 2455915.94
on investment and R&D production and
operations products and services and the Changing the energy Total greenhouse gas emissions / 2151636.62 2980035.13Reputation risks utilization structure
influence of the value chain and ranked the risks Legal risks Following up market (CO2 equivalent) / 23.74 22.53
and regional policies
and opportunities according to their influence
degree and occurrence probability. Note: 2021: no statistical data of carbon emissions is available; 2022: only Ezhou and Zunyi; 2023: covering all bases.Probability of risks and opportunities High ISO 14064 GHG accounting summary table of Ronbay Group
66｜｜67
Influence degree of risks and opportunitiesNingbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Carbon footprint and reduction planning and
path of main products:
1）The company will work with suppliers to
set short-term medium-term and long-term
goals and requirements for product carbon
footprint management;
2）Give priority to raw materials suppliers
with low environmental impact to reduce the
environmental load at the supply chain end;
3）The company will increase the proportion
of green electricity use year by year and
actively launch emission reduction activities.Manufacturing base 14064 certification
4.1.4 Carbon Footprint Management 4.2 Coordination in Energy Saving and
In the carbon footprint accounting and certification according to ISO14067:2018 standard we accurately Carbon Reduction
quantized and evaluated the impact of production and upstream links on climate change in the life cycle
management process of 23 products including ternary precursor materials ternary positive electrode 4.2.1 Energy Management
materials LMFP positive electrode materials in four bases achieving certain success to reduce the
greenhouse gas emissions create a sustainable supply chain develop and implement related measures Energy management is the core of enterprises to realize their own operation and carbon reduction.for energy saving and emission reduction. We attach great importance to the effective use of energy regulate the rational use of energybased on relevant regulations of each operation base. We have developed “Energy ConsumptionQuota Regulations” to further strengthen the identification of energy saving and carbon reduction
opportunities and energy metering management. By the end of the reporting period Ronbay Guizhou
Carbon footprint distribution of major products Ronbay Hubei and Ronbay Wuhan had obtained the ISO 50001:2018 energy management system
certification. Meanwhile we have started the certification of energy management system for other
Monocrystal -7% 93% 1% 13%
NCM 8 series positive electrode factories such as Xiantao factory and JS factory in South Korea.Polycrystal
-1.95%78.44%1%22.51%
NCM 8 series
Polycrystal NCA -2.48% 85.49% 1.01% 15.99%
9 series
8 series
precursor -2.48% 85.75% 0.89% 15.85%
Acquisition of raw materials Transport of raw materials Production process By-product allocation
68 ｜ ｜ 69Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
The direct energy consumed by our operations and products includes natural gas gasoline and diesel electrode production bases such as Ronbay Hubei and Ronbay Guizhou have achieved the pure power
oil and the indirect energy includes purchased electricity and steam. During the reporting period our energy structure with significant environmental and economic advantages and achieved the goal
energy consumption totaled 105400 tons of standard coal. Energy management has been incorporated of renewable energy proportion reaching 30% in 2023 through methods such as the construction of
into the company’s strategic planning and annual business plan and the fulfillment of energy use distributed photovoltaic roofs and the purchase of green power certificates. We have incorporated
reduction goals has been taken as part of our assessment and evaluation. We strictly control every link the clean energy utilization into our sustainable development strategy confirming our goals and plans
from product design to manufacturing and further reduce energy consumption through source design for clean energy utilization and combining them with the company’s development goals to ensure the
equipment selection inspection and maintenance. continuous advancement of clean energy utilization.
4.2.2 Energy-saving Transformation Case study Hubei Ronbay’s roof photovoltaic construction
In 2023 Ronbay Technology continued to explore energy saving and consumption reduction through
process optimization equipment energy efficiency and energy management and control in the Key measures:Hubei Ronbay completed an installed
manufacturing process. A total of 47 energy saving and carbon reduction projects have been completed roof capacity of 2.6MW in 2023
achieving energy saving benefits of 51447.4 megawatt-hours which is equivalent to avoiding 29340.45 Main results:Achieved 100% consumption of renewable
tons of CO2 emissions. Some energy saving projects are as follows. energy expected to generate an annual generating
capacity of 2600 MWh and reduce carbon emissions by
Equipment upgrade 1482.78 tons.MVR evaporated By recycling the MVR evaporated condensate water achieving an annual
condensate water energy saving amount of 1590423 KWH / year
When cleaning the filter press the qualified material liquid is recycled with
Filter press cleaning
an annual energy saving amount of 651268 KWH / year
The integrated wastewater station’s wastewater circulation and
Wastewater of integrated Case study Green power certificate procurement
transformation with an estimated energy saving amount of 310000 KWH /
wastewater station
year
Lighting system Key measures:Ronbay Hubei and Ronbay Guizhou have purchased
Mount the area switch to achieve switching on demand with an estimated
optimization of centralized International Renewable Energy Consumption Certificate (I-REC) to consume
energy saving amount of 73400 KWH / year
dissolution workshop green energy of 212819 MWh of green energy in 2023.Optimization of the outdoor Shifting from manual control to optical control achieving an estimated Main results:Equivalent to reducing CO2 emissions by 121371 tons
lighting control energy saving of 13000 KWH / year
Process optimization
Control of system operating Normalize the system power factor management and improve the system
power factor power factor to more than 0.95 4.2.4 Low-carbon Demonstration
The operation mode of air compressor is switched from one air compressor
Optimization of the
with a voltage of 110kV to 2 / 3 air compressors with a voltage of 400V withnitrogen generation system Under the guidance of the New Integration Strategy around the strategic goal of “completely replacingan estimated energy saving amount of 600000 KWH / year fossil energy and achieving human sustainable development” Ronbay Technology has blended the
concepts such as green design green technology green production green supply chain and green
4.2.3 Clean Energy Utilization management into the whole process of our operation management system and actively explored
the construction and demonstration of “zero-carbon factories” and “green manufacturing system”
Ronbay Technology has been committed to reducing environmental pollution reducing carbon highlighting our positive response to climate change and our efforts and responsibilities to improve the
emissions and promoting the development of green economy reducing the dependence on fossil fuels ecological environment.and increasing the proportion of clean energy in the energy structure. At present our ternary positive
70 ｜ ｜ 71Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
During the reporting period Ronbay Hubei successfully passed the carbon neutrality certification and In the production process we
the zero carbon factory certification. Ronbay Guizhou applied for and passed the review of provincial adopted various material recycling Automobile Automobile Automobilegreen factory becoming the first subsidiary of Ronbay Technology to pass such a review. In 2024 we enterprise A enterprise B enterprise Ctechnologies such as “NiCoMn metalwill continue to promote the special reviews such as Ronbay Guizhou national green factory green recycling technology” recycled
supply chain and green product design and promote the review and certification of green factory in our elements and materials such as nickel
factories such as the factory in Hubei so as to achieve the continuous improvement of green and low- cobalt manganese and lithium with
carbon performance and a more far-reaching green demonstration effect. methods such as chemical dissolution Ronbay
precipitation and impurities removal
Case study Creation of “zero-carbon factory” of Ronbay Hubei achieving a high recovery rate and Battery Raw materials Raw materials Battery
taking the lead in the industry
Key measures:The factory increased the proportion of effectively avoiding the negative Battery cell factory C Directed cycle Battery cell factory D
renewable energy by adopting roof distributed photovoltaic environmental impact and achieving
power generation and local green electricity trading and the ecological cycle economy.actively participated in carbon trading to offset surplusemissions until carbon neutrality and finally achieve “carbonneutrality” at the operational level.This technology adopted the method of inorganic acid dissolution-impurityMain results:The successful passing of the “Zero Carbon purification and co-precipitation to recover the nickel-cobalt-manganeseFactory” certification was an important milestone of carbonNiCoMn metal elements in the positive electrode material without extraction with short neutrality in its own operations. Ronbay Hubei was the first“ zero processes limited environment pollution and a low production cost. In 2023carbon factory” of the Group forming a demonstration effect recycling technology the technology was put into production and application in our factory in
through the establishment of “zero carbon factory” laying a South Korea and was declared as a major project of Ningbo for 2025“ cascadesolid foundation for the realization of the “carbon neutrality” utilization and recycling technology of lithium battery”.vision of the Group and even the entire value chain.
4.3 Resource Utilization 4.3.2 Water Resource Management
Efficient water resource management is also an important link to achieve the goal of “zero carbon”. In
4.3.1 Raw Material Recycling terms of water resource management Ronbay Technology has effectively improved the comprehensive
We actively explore power battery recycling with positive electrode materials as the fulcrum actively use efficiency of water resource through measures such as equipment optimization technical
deploy upstream businesses such as battery disassembly recycling extraction smelting and mining as transformation and water resource recycling.well as downstream businesses such as battery operation and cascade utilization forming a complete Water consumption is great in production processes of battery positive electrode materials such as
“battery triangle” circular industry chain and providing a strong guarantee for the “ecological” chemical reaction cleaning and precipitation. According to the life cycle assessment (LCA) results of five
development of industrial chain. NCM products conducted by Ronbay Technology such as polycrystal / monocrystal and super high nickel
We strengthen the cooperation with automobile enterprises battery cell enterprises and waste recycling in 2022 the water scarcity (WU) per ton of product in the production process was from 1000 to 1500 m
enterprises open up recycling channels and achieve a sustainable supply of materials and products. 3 equivalent.Among them we signed a strategic cooperation agreement with GEM on the cooperation in such fields In order to ensure the effective utilization of water resources the company formulated the procedure
as power battery recycling disassembly cascade utilization and powder sorting; the TMR invested by us files such as “Administrative Regulations on Wastewater Treatment” “Administrative Regulationsin South Korea has achieved mature application of lithium battery waste recycling. on Wastewater Discharge” and “Administrative Regulations on Rainwater Discharge” and adopted
72 ｜ ｜ 73Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
diversified water saving measures such as reducing domestic water consumption. We also recycled and Case study Packaging material recycling in Ezhou Base
reused water in our manufacturing bases recycling and reusing water of over 548200 tons in 2023. Hubei Province
During the reporting period the total water resource consumption was 1.4599 million tons down 98800
Key measures:Based on the identification results of the recycling opportunities of raw material
tons compared with 2022 and the water consumption per ton of product was 10.98 tons down 19.3% packaging materials the operation procedures for recycling PE jumbo bags after feeding of
year on year with a higher efficiency in water resource utilization and lower water consumption risks in coarse powder are formulated. On the basis of meeting the product quality and production safety
the region where the company is located. requirements the PE jumbo bags after feeding of coarse powder are recycled and utilized so as to
save the costs of packaging materials in the subsequent processes.Water resources consumption 2021 2022 2023 Main results：Estimated to save the packaging material procurement cost of 211800 yuan / month.Total water consumption (ten thousand tons) 90.21 155.87 145.99
Water consumption per unit of product (ton /
ton of products) 12.78 13.61 10.98
Note: Only data of Ezhou Xiaocao'e and EMT bases were counted in 2021; Xiantao Zhongbei and JS bases were not included in 2022; covering all bases in 2023.Case study Water resource management measures
Ezhou base:Through the transformation the
high calcium water generated in the workshop
preparation of pure water was recycled to the
cooling water station and used as replenished Case study Comprehensive recovery of solid waste in
cooling circulating water saving about 180000 Zunyi Base Guizhou province
tons of water resource annually.Key measures:Focused on the harmless reduction and resource disposal of solid waste from
lithium battery positive electrode materials a solid waste recycling production line was completed
achieving the internal circulation of solid waste treatment.Main results：The amount of waste packaging bags reduced by 45%. While reducing production
costs the environment protection goals of energy saving emission reduction and sustainable
development were achieved.
4.3.3 Management of Packaging Materials
The plastic pallets wood pallets jumbo bags PE bags and other packaging materials used are disposed
with green and compliant methods. We optimize the application scenarios of packaging materials
throughout their life cycle and continuously explore the reduction and recycling-based improvement of
packaging materials.The company has piloted recycling packaging bags in each production base and reused or sold
packaging materials that meet the standards after cleaning to promote the recycling of packaging
materials. During the reporting period the number of recycled pallets exceeded 124200.
74 ｜ ｜ 75Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Environmental protection compliance and management system
Investment in environmental protection exceeded 22128900 yuan
05 Harmonious Coexistence All the production bases that have been put into production have obtained the ISO 14001 environmental management system certificationwith Environment with Pollutant treatmentThe production rate of waste water waste gas and solid waste decreased steadily and the dust
emission per unit of product decreased by 52.8% year on year; the wastewater discharge per unit of
Eco-friendliness output decreased to 1.99 tonsEnvironmental risk prevention and control
Promoted the whole process management of chemicals improved the utilization efficiency;
During the reporting period the company had no environmental events that had a significant impact
on the soil and groundwater;
5.1 Construction of Environmental Compliance and Management System None of the company’s production and operation activities products and services were found to
5.2 Pollutant Treatment have a significant impact on biodiversity
5.3 Environmental Risk Prevention and Control
5.1 Construction of Environmental
Compliance and Management System
We have established a documented environmental management system according to the requirements
of the international standards such as ISO14001 constantly improved the environment management
architecture controlled by the management at all levels supervised by the functional departments
item by item and executed strictly by the staff refining environmental management requirements to
each level constantly improving the environmental risk management trying our best to reduce the
environmental impact of our production operation with an aim to achieve the harmonious and win-
win results of environment and enterprise development. During the reporting period all our production
bases that have been put into production have obtained the ISO 14001 environmental management
system certification.
76 ｜ ｜ 77Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Ronbay Technology strictly abides by laws and regulations such as the Law of the PRC on the Prevention
and Control of Air Pollution the Law of the PRC on the Prevention and Control of Water Pollution 5.2.2 Waste Gas Management
Prevention and Control and the Law of the PRC on the Prevention and Control of Environmental Pollution The waste gas generated by the company mainly includes the waste gas generated during production
by Solid Waste constantly strengthening the management of various pollutants and striving to improve the dust generated in the renovation and expansion construction process and the cooking fume
the level of environmental compliance and risk management. In 2023 we carried out comprehensive generated in thekitchens and canteens of each base. We have formulated and implemented regulations
and systematic environmental diagnosis for all our production bases including the establishment of such as Administrative Regulations on Air Pollution Control and Administrative Regulations on Civilized
environmental management system environmental protection equipment risk assessment special Construction of Engineering Projects in each production base. For the waste gas generated in the
assessment of hazardous waste management and control etc. A total of 969 problems were diagnosed production process it must be effectively collected and treated and discharged after meeting the
with a rectification rate of 96% which greatly reduced the company's environmental compliance risk. standard. As to construction dust we constantly strengthen the daily inspection and maintenance
Sufficient amounts of investment were made in environmental protection to build operate and properly requirements and supervise and manage the construction units and the project sites. In addition
maintain environmental protection facilities such as wastewater treatment waste gas treatment solid we reduce emissions at the source through innovations such as process upgrading and management
waste disposal sound insulation and noise reduction. During the reporting period our investments made optimization. During the reporting period the company’s waste gas and pollutant emission load
in environmental protection amounted to 22.128900 million yuan. and emission intensity decreased significantly among which the dust emission per unit of products
decreased by 52.5% year on year.
5.2 Pollutant Treatment 5.2.3 Wastewater Management
The wastewater of the company mainly includes domestic sewage and production wastewater. At the
We strictly abide by the Law of the PRC on Environmental Protection and the applicable environmental level of our subsidiaries we have formulated management procedures such as Management Procedure
protection laws and regulations of the site where our operation bases are located formulate and of Water Pollution Control and Management Procedure of Environmental Protection Facilities strictlyimplement the Administrative Regulations on Environmental Protection and other administrative rules following the principles of “rain and sewage diversion clean water and sewage diversion sourceand regulations for three kinds of wastes to reduce wastes at the source strictly implement the whole separation and classification & treatment” to ensure the effective treatment of wastewater and discharge
process of pollutants control and encourage all our staff and employees to initiate innovative measures after meeting the standards. During the reporting period we adopted new processes of resource
such as energy conservation and emissions reduction and with the aid of advanced tools such as recovery to recycle the wastewater further reduce the discharge of pollutants and reduce the discharge
digitalization continue to reduce the negative environmental impact of our own operations. of wastewater per unit of products to 1.99 tons.Wastewater reduction
5.2.1 Waste Management The Guizhou base recycled the sewage from the sewage treatment station to the circulating Guizhou
base water station and the wastewater lithium extraction workshop. In 2023 the annual production
We have established the “Administrative Regulations on Wastes” to classify and manage the wastes wastewater discharge was only 5630 tons.generated during our production and operation and strictly implement the 3R principle of waste
Xiantao base adopts coagulation and precipitation + membrane treatment system + evaporation
management: Reduce Recycle and Reuse so as to reduce the generation of waste at the source. Xiantao
base system and recycles the sewage after treatment. The water resource recycling rate reached Targeted measures are adopted for the hazardous waste and general industrial solid waste inevitably
75.68% in 2023.
generated in the production process according to their characteristics to ensure that all the wastes
produced by our factories are properly controlled throughout in the whole process. During the reporting The washing wastewater and steam condensate water are treated by pure water preparation
period the production rate index of general solid waste and hazardous waste per unit of products Linshan system at the base. The total water consumption was about 100000 tons in 2023; the ammonia-
produced by us decreased steadily. base nitrogen containing wastewater in the workshop was treated and collected. In 2023 the total
recycled water amount was about 2665 tons.
78 ｜ ｜ 79Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
5.3 Environmental Risk Prevention and Control Management of precursor and explosive chemicals
Compliance
We insist on controlling environmental risks at the source as we are committed to improving our Registration and legal procurement according to laws and regulations.procurement
capabilities in environmental risk prevention and response to emergencies in all links of production
activities and daily operations so as to minimize our impact on the health of people and the ecological A whole process of control was adopted for such links as qualification review risk assessment Process
environment. procurement filing warehousing management chemicals acquisition and waste disposal monitoring
referring to the five management means and adopting strict management.
5.3.1 Chemical Management Complete Our warehouses optimized the visual management kanban equipped with cameras supplies emergency supplies labor protection supplies etc
For the various chemicals used during the production of battery positive electrode materials we have We carried out emergency drills education and training for hazardous chemicals to improve
Emergency drillsformulated administrative regulations such as “Administrative Regulations on Hazardous Chemical the emergency handling abilities of our employees and their knowledge and skills.Matters” “Administrative Regulations on Handling of Hazardous Matters” and “Administrative Continuous We carried out monthly activities every year to check and fill in the gaps optimize andRegulations on Precursor Chemicals” strictly implemented the supervision of hazardous chemicals improvement improve our operations and constantly improve the management of hazardous chemicals.established the administrative regulations on the review and registration of hazardous chemicals
and controlled the links such as purchase storage usage and waste disposal of hazardous chemicals
throughout the process. Case study Improving the use efficiency of chemicals
(concentrated sulfuric acid) of Ronbay Hubei
Hierarchical control Normalized control Registration of use and disposal Main problems：The pipelines in the lithium sulfuric acid storage tank area of the south plant’s
Three-level control: establish a wastewater have aged seriously with a certain waste of chemical raw materials.Entry/exit registration: the entry/exit of
chemicals supervision system of safety Daily supervision: establish a record Key measures：According to the potential risk identification results of sulfuric acid storage tank
chemical warehouses are managed with
management at the three levels of the sheet of daily inspections and launch area and sulfuric acid filling port area by the Department of Environment and Safety a series of
timely registration and records to ensure
company departments and teams. daily inspections and records of
consistency between records and objects compliance transformation requirements were put forward including:
Focused supervision: establish hazardous chemical warehouses;
and avoid the expiration of chemicals. Replace the pipelines in the sulfuric acid storage tank area and the conveying pump with serious
administrative regulations and lists Special inspections: departments
Compliance disposal: check the entry time
of chemicals for the supervision and and the company conduct special corrosion optimize the direction of the conveying pipeline coat the ground with epoxy paint and
of hazardous chemicals regularly evaluate
regulation of hazardous chemicals inspections on chemical warehouses cast the embankment in the areas prone to leakage;
and discard expired chemicals and dispose
establish dedicated warehouses of on an irregular basis to ensure their In the sulfuric acid filling port area cast the embankment coat the ground with epoxy paint
them as hazardous wastes ensuring the
hazardous chemicals and post safety storage safety.entire process is under control. introduce electrostatic grounding and introduce the recovery pipeline to ensure that all the sulfuric
warnings and signs. acid leaked in the processes of filling and pipeline flushing is recycled.Hunting for Procurement into
suppliers warehouses
The Department of
Inventory Obtaining Environment and The procurement
qualification Safety evaluates department Compliance disposal warning propose establishes a list
procurement documents such and suggests on
of hazardous waste
of chemicals to
demands as MSDS of information such as procure and file the
Registration of use
chemicals and the nature and quantity precursor chemicals and disposal
production license of chemicals to be The warehouses
of suppliers used inspect the packaging labeling Main results：The renovation project was completed in mid-September 2023. According to the
Application for Evaluation and and data Entry/exit estimation of sulfuric acid consumption before and after the renovation of the above areas the
procurement suggestion management of chemicals amount of 98% concentrated sulfuric acid consumed per ton of lithium sulfate production decreased
by 18%.Complete flow chart of chemicals management
80 ｜ ｜ 81Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
5.3.2 Protection of Soil and Groundwater Case study Environmental emergency drill in Xiantao
Base Hubei province
The company attaches great importance to the impact of its own production and operation and related
environmental factors on the soil and groundwater environment. The risks of soil and groundwater On September 28 2023 Xiantao base conducted
pollution are identified and eliminated in time through potential risk investigation and groundwater self- an emergency drill against the failure of the exhaust
monitoring was carried out regularly. During the reporting period the company had no environmental valve of the liquid oxygen station and the frostbite of
events with a significant impact on the soil and groundwater. employees. The drill featured clear responsibilities
a clear process and complete props. The drill was
intended to emphasize the necessity of emergency
drills and gradually improve their ability to handle
5.3.3 Environmental Emergency Response emergencies.
The company pays attention to the prevention and response of environmental emergencies. Each
production base has formulated contingency plans for environmental emergencies and formulated
special emergency plans for specific situations such as accident wastewater discharge transportation
and unloading of hazardous substances (hazardous chemicals and hazardous wastes). 5.3.4 Biodiversity Conservation
During the reporting period the production bases of the company organized and carried out 113 special We continuously follow up on the impact of our own activities on biodiversity establish the whole
accident drills and emergency drills and carried out internal training on environmental compliance process of ecological environment protection system in accordance with domestic and foreign relevant
management pollutant management standardized management of solid waste use safety of precursor laws and regulations and policies conduct scientific evaluation of the impact of base construction on
and explosive chemicals and emergency disposal of hazardous chemicals. local biodiversity in the stages of planning and site selection and continuously enhance the level of
biodiversity in the factories in the construction and operation stage.Case study Hazardous chemical leakage training at JS
During the reporting period no production base of the company was located in or near natural reserves
base in South Korea or biodiversity area of natural reserves. None of our production and operation activities products and
services were found to have a significant impact on biodiversity.On May 23 2023 the JS base in South Korea conducted an emergency drill on the theme of harmful
chemical leakage. The contents include information transmission and access control diffusion Case study
prevention by wearing protective tools sulfuric acid tank transportation the confirmation of Green vegetation in Zunyi base Guizhou province
abnormal conditions and the termination of the situation so as to improve the abilities of employees
in dealing with environmental emergencies. Key measures：The plants grown in the factories are all local plants with strong weather resistance
including dozens of kinds of green plants such as osmanthus trees rose trees and bamboos with a
greening rate reaching 19%. The outdoor area adopts the forms of green space and permeable floor
tiles increasing the proportion of water permeable areas to 38%.
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Equality and diversification
The company has a total of 4376 employees with a contract signing rate reaching 100%.In order to adapt to the reform of the three systems two performance management plans have
06 Talents Attracted for been optimized and released covering 100% of the functional personnelEnabling employees with win-win growthCo-building a Vigorous The total annual training hours reached 44507 hours and the average training hours for employees reached 27.38 hours
The online learning platform launched 3000 + external general courses selected 348 quality
Ronbay courses with an online training duration of 30923.64 hours and employees self-directed learning of 5596 hours.Employee care
In 2023 we continuously paid attention to the physical and mental health of employees showed
care for female employees and provided assistance to employees in need
6.1 Employee Rights and Benefits Health and safety assurance
6.2 Enable Employees for Win-win Growth The investment in production safety was 28020500 yuan an increase of nearly 10 million yuan
compared with 2022
6.3 Care for Employees During the reporting period 2520 safety-related training sessions were organized with a length
of 20405 hours
6.4 Occupational Health and Safety
A total of 113 emergency drills were carried out and the participation rate of the employees
reached 100%. There was no employee death accident due to performance of duty and the rate
of departure due to work-related injuries decreased by 8% compared with 2022
No occupational disease event occurred and the coverage rate of employee occupational health
checkup reached 100%
Ronbay Hubei Ronbay Guizhou Yuyao Positive Electrode Factory Xiaocao'e Branch South Korean
subsidiaries JS and EMT have all passed the ISO 45001 occupational health and safety system
certification.
6.1 Employee Rights and Benefits
6.1.1 Equality and Diversity
Equality and respect
Adhering to the principles of equal recruitment and development we forbid forced labor and child labor
in accordance with the law as we are committed to creating an equal harmonious and inclusive working
environment to ensure that employees have equal opportunities in recruitment salary welfare and
promotion. The interviewers with kinship with the applicants should follow the principle of avoidance
and avoid participating in the interview with the applicants. We firmly guard against different treatment
84 ｜ ｜ 85Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
for employees for reasons of age gender race nationality marital and family status health status Compliance employment
and religion. During the reporting period there were no discrimination incidents violating the above We strictly comply with the relevant labor laws and regulations of the countries and regions where our
requirements. operations are located and our internal Recruitment Regulations and we set up open and transparent
Diversification recruitment channels covering public websites and local employment websites and other recruitment
In order to cope with the challenges of internationalization and talent scarcity in the industry we combine platforms to ensure the fairness and transparency of the recruitment process. Following the international
diversified employment policies with corporate strategies and strive to build a diversified talent system conventions on labor and employee rights and benefits and local laws and regulations such as the World
and personnel structure with a global vision and international competitiveness. We respect and embrace Declaration of Human Rights the International Labor Organization Convention and the Labor Law of the
diverse cultures lifestyles and work styles. PRC we sign a labor contract with our employees under the principle of equal employment and recruit
promote and manage the remunerations of our employees without any discrimination.During the reporting period the company had a total of 4376 employees including 156 ethnic minority
employees and 270 foreign employees from four countries including South Korea Japan the United
States and Australia with a contract signing rate of 100%. Working hours and holidays
We observe the principles of legality fairness voluntariness consensus and honesty and establish
Cross-cultural cooperation and exchange scientific and reasonable working hours and rest and vacation system in accordance with the law so that
We implement the global talent strategy and improve the talent management system with a global employees can enjoy the legal rights of rest and vacation equally and ensure that the working hours of
perspective. Expanding overseas markets was the key work of the Group in 2023. In order to ensure the different operating places meet the requirements of local laws and regulations.smooth progress of our globalization strategy we strengthened the technical and cultural exchanges
between Chinese employees sent abroad and local employees of South Korea enhanced the cohesion
of the Chinese-Korean teams adding some new elements to the cultural exchanges between the two Compensation and performance evaluation
countries. Ronbay Technology is committed to building a fair and justcompensation system adhering to the principles of “equalpay for equal work” and “pay according to work” and hasformulated the normative documents such as “CompensationManagement Regulations” and “Year-end Bonus ManagementRegulations”.During the reporting period the company optimized theperformance management plan issued the “Cross-systemIndividual Performance Management Regulations” and“ IndividualPerformance Normal Distribution Management Plan” so as to
motivate employees with a more reasonable salary system and
enhance their sense of gain and identity.“Best employers” of Zhaopin in 2023
6.1.2 Protection of Employees’ Rights and Benefits Rights and interests of overseas dispatched employees
In the promotion of the globalization strategy we have formulated the Administrative Regulations on
We always share the development achievements with our employees establish a complete protection Overseas Dispatched Personnel to provide clear salary and welfare policies for overseas dispatched
system for their legitimate rights and interests and standardize the management of recruitment and employees including competitive salaries housing subsidies education support medical insurance etc.turnover working hours and holidays salary and performance evaluation. In order to better safeguard and support their work and life. Besides we provide language training cultural adaptation guidance
their legitimate rights and interests and build harmonious labor relations our organizations and and career development planning to help them better integrate into the local working environment and
departments at all levels set up trade unions to achieve cohesion among employees and create a warm maintain close contact with the headquarters thus providing a solid foundation for our global strategy
fair healthy and harmonious working environment. and sustainable development.
86 ｜ ｜ 87Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
6.1.3 Employee Welfare
Ronbay Technology is committed to improving the happiness and sense of belonging of employees. We World Earth Day Activity
regularly offer holiday benefits to employees including gift cards gifts extra allowances and holiday
subsidies and are equipped with library clinic gym and entertainment facilities and launch diversified
The Base mobilized external resources and partnered
sports and sports activities to constantly innovate and improve the employee welfare.with "NIO" to advocate energy saving emission
reduction and environmental protection knowledge
through energy saving and environmental protection
classes with World Earth Day as the background of the
activity.Korea JS Base Sino-Korean Employee Soccer Match
Stepping onto the f ield and crossing cultural "Health Expert" Activity
boundaries a feast of friendship was celebrated! On
April 26 2023 the Korea JS Base held a Sino-Korean The Base launched the "Protect Occupational Health
employee soccer match showcasing the charm of team Become a Health Expert" activity which further
cohesion and cultural exchange. enhanced employees' awareness and capabilities in
self-protection of occupational health effectively
safeguarding their rights and interests in occupational
health.Fun Sports Meeting
More than 320 athletes from 20 representative teams Forklift Skills Competition
of various departments at the Base participated in the
Fun Sports Meeting which combined cooperation The Base organized a Forklift Skills Competition
competitiveness and fun. This event fully displayed the focusing on safety quality response and morale in
spirited and upward-looking demeanor of Ronbay's forklift operations. The event selected and rewarded
people achieving a dual harvest in physical fitness and outstanding employees with exceptional skills set
cultural and spiritual development. learning benchmarks and safeguarded the objectives
of the "Spring Geese Initiative".Spring Geese Cup Basketball Tournament Lantern Festival Activities
In the vibrant spring basketball enthusiasts from The Base organized Lantern Festival Activities where
the Base passionately gathered at the heated employees participated in DIY rabbit lanterns fun ring
basketball court. Dreams reacted with youth and tossing and knowledge quizzes to celebrate the festive
sweat intertwined with cheers radiating energy and occasion.showcasing the employees' spirited and upward-
looking demeanor.
88 ｜ ｜ 89Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
6.2 Enable Employees for Win-win Growth
6.2.1 Talent System Academy of Ronbay
As the platform linking internal and external resources and knowledge bases the Academy of Ronbay
We are firmly convinced that talents are the valuable wealth for the company’s sustainable development has introduced an online learning platform and launched diversified training programs. Covering cadre
attaching great importance to the construction of systematic talent training and development to provide training new employee training internal trainer certification and professional ability training and other
sufficient talent guarantee for our “New Integration” strategy and global layout. fields the platform provides a flexible convenient and personalized learning environment for employees
aiming to comprehensively improve the comprehensive quality and professional skills of employees.Talent cultivation and organization planning Meanwhile through data tracking and analysis the platform allows the employees to know their learning
People-oriented and valuing talents we have formed a complete and unique corporate culture concept progress adjust their learning strategies in time and improve their learning efficiency.system thus laying a foundation for our sustainable development.To become the most innovative corporate university
Development
vision in battery material industry leading the new energy
Two positions A fostering platform of outstanding leaders and business experts A spreading position and research center of corporate culture
Four
functional Cadres fostering Professional talents fostering New employees training Management research
modules* Professionalism training * Strengthening the 90-day Case extraction: “TellingGrassroots → middle- planning for key personnel training program for new the Story of Ronbay Well”
level → high-level three-level * Fostering a team of hands accumulation dissemination
leadership development professional talents with * Improving the tutoring system
Five and maintenance of cases system professional expertise and a and unleashing the role oftraining etc. global vision tutors in “helping and guidingsegments new hands”
Study and discussion on Ronbay culture throughout the process
Six Planning of Development of
organizational internal lecturers and Establishment of Development of Perfection of online Optimization of key measures
architecture trainers benchmark projects excellent courses platforms operation system
90｜｜91
Strategic orientation Strategic pathNingbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
6.2.2 Multi-channel Development and Training 6.2.3 Talent Attraction and Retention
Guided by globalization the company has established a sound education and training system with
With the accelerated globalization of the new energy industry in the face of the shortage of international
complete levels and wide coverage to meet the demand of employees for skill improvement. Diversified
talents the company has accelerated the building of various global professional talent highlands in
employee growth mechanisms have been developed and different career development channels for
recent years and continuously strengthened the introduction and training of talents.administrative management business management and professional technology have been constructedfor all employees. According to the needs of the company employees can consider their personal Adhering to the employee career development management principle of “making the best use of talentsintentions and advantages and choose the right development channel for them. and seeking common development” we’ve launched job promotion and talent incentive in a fair and
impartial manner and supported the diversified development of talents. According to the career planning
We provide our employees with diversified learning resources advancing with timely updates and
needs of employees we provide internal job transfer and employment opportunities to broaden their
support their personal growth and career development. Our departments carry out a series of training
career path.courses according to the demands of employees from different systems and levels covering such
areas as institutional culture leadership general literacy and professional skills whose contents involve In order to commend and reward the advanced individuals and teams who have made outstanding
management regulations training corporate culture publicity training safety and environmental contributions to the development of the company and to create a positive corporate culture atmosphere
protection training as well as professional skills training for various posts and positions and complete we organize annual evaluation and selection of excellent employees at the end of each year.internal sharing and transformation training in time to fully improve the abilities of all our employees and In order to attract and retain key talents Ronbay Technology launched a restricted stock incentive
enhance the overall efficiency of our teams. plan to encourage employees to actively participate in the future development of the company and
share growth fruits with the company ensuring that the interests of employees are consistent with the
interests of shareholders and jointly promoting the sustainable development of the company. In 2023
Indicator data 2022 2023 we completed three phases of equity unlocking in which the total number of the first category was
Annual length of training for staff and employees (class hours / 333 the number of unlocked shares at 1199022 the number of the second category was 253 and the
3339044507
year) number of attributable shares at 2119905.Staff training investment (ten thousand yuan / year) 343.8 115.6
Number of types of training courses (types / year) 57 375 Our annual evaluation and commendation conference
On January 30 2024 the annual evaluation and
Average length of staff training (class hours / person / year) 20.59 27.38 commendation conference was held to recognize the
efforts and dedication of employees in 2023 injecting
Target groups Training details continuous impetus into the sustainable development of
the organization.Young talents A total of 36 courses totaling 44.5 hours with 235 trainees in 2023 A total of 241 individuals and 16 teams received 15 awards
New employees A total of 64 courses 78 hours with 474 trainees in 2023 from the company including Best Employees Outstanding
Contributions Best Innovations Best New Talents etc.Grass-roots workers A total of 1738 courses totaling 1887 hours with 22264 trainees in 2023
Guizhou Base 2023 annual evaluation and
commendation
Our online learning platform has launched more than 3000 classes of external quality general courses. On February 2 2024 Ronbay Guizhou welcomed the 2024
After continuous development our selected courses include 348 classes of quality courses such as Spring Festival Annual Meeting and the fifth anniversary
executive lecture hall business introduction process system and corporate culture. Through training celebration presenting awards to the employees and
assessment and testing tracking and analysis of training effect we ensure that employees master the teams who had worked hard with great contributions in
skills. By the end of the reporting period the total number of training hours on the online platform had 2023. They also posed for a photo together.reached 30923.64 hours with a length of employees self-directed learning at 5596 hours.
92 ｜ ｜ 93Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
6.3 Care for Employees 6.3.2 Care for Female Employees
Ronbay Technology attaches great importance to the humanistic care for employees provides smooth We respect and care about female
dialogue channels for employees and encourages the maintenance of equal dialogue between employees. In accordance with the Case study 2023 Women’s Day in Ronbay
employees and between superiors and subordinates. In addition the company continues to pay attention requirements of national laws regulations Ronbay series activities
to the physical and mental health of employees the care for female employees and the help and support and policies we have formulated special In order to express care
for employees in need so as to constantly improve the sense of belonging and happiness of employees. labor protection policies for female and gratitude to all female
employees promote the strength
employees providing female employees of women we presented
6.3.1 Physical and Mental Health with maternity leave maternity leave and beautiful flowers to each female
breastfeeding leave as well as necessary employee and a summer quilt
The company provides regular health checks including physical examinations mental health assessment adjustments in their work content to and neck protection pillow.and occupational health checks as well as related health education and disease prevention lectures. The support their career development and
company is equipped with facilities such as gyms clinics health centers etc. to provide employees with balance their family life.health services such as exercise stress relief consulting. We also attach importance to the psychological
The company is committed to establishing and promoting a gender equity culture ensuring no gender
state and growth of employees and provide employees and their families with expert lectures on
discrimination in corporate policies and practices encouraging male employees to participate in the
psychological counseling emotional stress management positive psychology emotion so as to support
care for female employees and providing equal career opportunities including training promotion and
them in the face of the pressure and challenges in their work and life.leadership development programs that encourage female employees to grow throughout their careers.On special days such as International Women’s Day we give special gifts or benefits to female employees
Case study “Health Cabin” of Ronbay Hubei to express our respect and care for them.It provides basic physical examination health visits and
guidance (general practitioner) psychological counseling 6.3.3 Assistance for Employees in Need
(psychologist) and other basic health services offering
occupational health knowledge lectures irregularly on pre- We practice the routes of serving our employees and carry forward the fine tradition of poverty
pregnancy health care knowledge nutrition and balanced alleviation. Our trade unions carried out support measures such as classified poverty relief accurate
diet knowledge mental health knowledge job related policy fulfillment dynamic management according to the degree and reasons for the difficulties faced by
musculoskeletal system disorders and provides emergency the families of our employees through a series of supporting measures such as medical assistance life
services etc. support holiday greeting and employment support. We do the “warmest things” to serve our employees
The “psychological counseling room” is opened to help by addressing the most immediate and realistic problems that concern them most.employees relieve their psychological emotions and relieve
their work pressure; Case study “Warmth and care for our staff” at Xiaocao’e base
The “female workers’ clinic” provides convenient health
channels for female employees.In order to enrich the life of our employees in their spare time we have also set up a number of hobby
clubs including outdoor sports photography dance and basketball to encourage employees to
participate in colorful team activities. The wonderful activities competitions and exchanges enhance
the communication and interaction between employees help employees to cultivate their interests and
hobbies after work expand the scope of communication and maintain their physical and mental health
and vitality.
94 ｜ ｜ 95Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
6.3.4 Staff Communication and Involvement
Ronbay Technology attaches great importance to the ideas and needs of employees and is committed Our senior executives launch visits and workshops
to creating a multi-dimensional communication system that breaks the hierarchy so that employees can In order to deeply understand the situation of the teams listen to the voices of employees
have a greater sense of and gain and involvement. solve problems at work stimulate the morale of the teams convey the company’s strategy
Through a variety of forms such as online and offline activities we promote the two-way communication and important information enhance the employees’ understanding of their own value and
between different department managers and employees while providing communication activities of enhance the team cohesion and combat effectiveness our senior management team visited
and discussed with each team in depth.various forms and communication channels between our employees and the core managers including
trade unions and workers congress regular cadre talks and seminars executive visits internal interviews
and employee satisfaction surveys actively listening to the voice of grass-roots staff and responding to
their related demands in time.In addition the company actively establishes an open transparent and democratic communication
mechanism respects the rights of freedom of association establishes groups of employees and
cadres establishes intelligent customer service platforms for our employees follows up the problems
and suggestions reflected by the employees and provides timely replies and solves the questions of
employees; participates in the formulation of rules and regulations concerning the major interests of
employees and safeguards the employees’ right to know participate and supervise.Our cadre talks Each year we survey the organizational atmosphere through questionnaires at the two levels of
On August 19 2023 the 2023 semi-annual cadre meeting of Ronbay Technology was held in departments and factories and bases around 12 dimensions such as objectives and requirements
Samcheonggak Seoul South Korea. The chairman and president and the senior executives of resource support and learning growth. The survey results are analyzed from different perspectives such
the company attended the meeting with the theme of “Finding a Way Out”. as length of working age education background and position level to fully learn about their appeals
The meeting revolved around “Who and Where We Are Where Should We Go” After a heated and wishes implement their reasonable suggestions and ensure the effective consistency between the
discussion the senior executives finally agreed that globalization is our real way out. company’s development and their wishes.Objectives Resource Exerting support strengths Praises
Concern and Encouraging Valuing
attention development opinions Work value
Team Partners Progress Learning and growth
Dimensions of organizational atmosphere survey
96 ｜ ｜ 97Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
During the reporting period a total of 4418 questionnaires were distributed in the organizational the Environmental Safety Reward and Punishment Regulations to ensure that all our middle and senior
atmosphere survey conducted by the company of which 3435 valid questionnaires were collected. The management signed the letter of responsibility on safety and environmental protection early in the
overall participation proportion increased slightly to 77.75%. The survey results show that the overall year. The production safety was linked to the personal compensation performance of all departments
satisfaction was 82% among which the scores of goals and requirements concerns work value team and senior executives and the management requirements and standards were confirmed for safety
were relatively higher while the dimensions of praise and progress were to be improved. Our staff and management potential risk investigation emergency management and accident with the objectives
employees were mainly concerned with the company’s care for employees salary and welfare and and responsibilities of production safety fulfilled at various levels.training development. Based on the results of the survey and analysis we have analyzed the causes of Adhering to the principle of “three managements and three musts” we strictly implement the core
the existing management problems and developed corresponding improvement plans. requirements that “the person in charge of each unit is the first person in charge of safety” establishing
a comprehensive safety management structure from the headquarters to our subsidiaries and branches
and all production organizations and strictly implement the production safety responsibility system.Organizational Climate Survey 2023 As the safety supervision and administration organization the production safety committee of the
company has a leading group composed of senior management personnel which is responsible for
supervising the implementation of production safety. Meanwhile the various business divisions and
branches and subsidiaries of Ronbay Technology has also set up their own production safety committee
operating under the supervision of our production safety committee. The rate of departure due to work-
related injuries in 2023 decreased to 0.077 from 0.16 in 2022. [Departure rate of work-related injuries =
(production) Number of departures due to work-related injuries / (current working hours / 200000)]
During the reporting period we invested a total of 2802020500 yuan in production safety expenses
mainly used for the improvement of protection safety facilities and equipment rectification of safety
hazards safety standardization construction and safety education and training.Investment in production safety (ten thousand yuan)
2802.05
1802.06
6.4 Occupational Health and Safety 909.18
6.4.1 Production Safety Management
Life safety is our primary responsibility towards our employees and contractors. In order to ensure
the realization of our production safety goals we have formulated and implemented a series of
202120222023
production safety norms such as the Potential Risk Investigation and Management Regulations and
98 ｜ ｜ 99Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Hubei Ronbay's Fire Emergency Rescue and
Security risk identification and hierarchical control Case study Comprehensive Firefighting Drill on "Safety
We have established a sound “dual prevention mechanism” for risk prevention and control. Through Production Month"
regular risk identification and assessment we identify our internal hazard sources and make a list
of internal risk controls. For the 2861 identified hazard sources we have carried out hierarchical On June 29 2023 Hubei Ronbay conducted a comprehensive company-level firefighting and
management and control through measures such as engineering technology and management and emergency evacuation drill. All departments participated in the drill responded promptly evacuated
personnel at different levels were assigned to manage and monitor the risk sources at corresponding quickly and orderly to safety assembly points and
levels and regularly carry out hidden dangers investigation to eliminate hidden dangers. For the complex completed the evacuation of all personnel within the
construction process management we have established a comprehensive construction risk management designated time.system from feasibility study and demonstration to the construction of projects. This drill signif icantly enhanced employees'
By implementing continuous compliance supervision and project construction safety evaluation awareness of fire safety strengthened the learning
mechanism the system ensures that the projects strictly comply with relevant laws and regulations at of firefighting skills and propelled the Company's
each stage especially the standards and norms related to environmental protection occupational health safety management and capability development to a
new level.and fire safety. During the reporting period we optimized and prepared 26 engineering construction
safety management documents and implemented them within the scope of all projects.Potential risk investigation and management Guizhou Ronbay's Emergency Drill on "Safety
We carried out a comprehensive compliance diagnosis and potential risk investigation at our domestic Case study Production Month"
production bases. All production bases strictly implemented the risk classification control and dual
prevention mechanisms and encouraged all staff to participate in the investigation of potential risks On June 1 2023 Guizhou Ronbay carried out a comprehensive emergency rescue drill themed
based on the whistle-blowing and reward systems. Ronbay Technology is committed to ensuring the "Everyone cares about safety and everyone can respond to emergencies".continuous stability and safety of the production process through continuous rectification tracking Leaders from Zunyi City Emergency Bureau
and optimization. During the reporting period we identified a total of 11078 environmental and safety High-Tech District Management Committee
potential risksof which 10695 had been rectified with a rectification rate of 96.54%. Those potential risks Honghuagang District Emergency Bureau and
that had not been rectified were included in the 2024 follow-up and improvement plan. People's Government of Shenxi Town attended the
drill. Honghuagang District Fire Rescue Squadron
Safety education and training participated in the joint drill and safety officers and
representatives from 56 companies in Honghuagang
We formulated the “Annual Safety Training Plan of 2023” early in the year. The topics of our safety District observed the drill.education and training include precursor and explosive product specifications dual prevention
mechanisms occupational health high-risk operation change management production safety
standardization and responsibility systems etc. and we hired external doctors to deliver health
counseling and routine training for our workers. During the reporting period we organized 2520 training
sessions with a length of 20405 hours. Case study Fire Response Drill on Korea JS Base
Safety emergency response In 2023 the Korean JS Base conducted three fire
Adhering to the safety emergency concept of “staying prepared and alerted every day” we regularly response drills two during the day and one at night
organize safety emergency drills to improve the abilities of our employees in emergency handling and to enhance employees' fire safety and emergency
self-protection. In 2023 we organized and carried out 113 emergency drills for hazardous chemicals rescue awareness.confined space accidents epidemic prevention and control fire accidents at finished product
warehouses heat stroke and fire accidents in hazardous waste warehouses with a participation rate of
100% among employees
100 ｜ ｜ 101Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Safety culture construction
We actively promote the construction of production safety culture for all staff. Through methods such By the end of the reporting period 100% of our production bases with stable operation and certified as
as safety education production safety culture publicity safety activity promotion and performance qualified (including Ezhou Zunyi Xiaocao’e JS and EMT in South Korea) had passed the certification of
rewards and punishments we strengthen and enhance the safety awareness and safety execution of all ISO 45001:2018 occupational health and safety management system while our other new bases (Xiantao
staff. The company determines different safety culture themes every month and organizes evaluations. base and Linshan base) were also actively involved in the construction of ISO 45001 occupational health
During the reporting period evaluations were conducted 12 times covering each base. Through safety and safety management system.activities and safety evaluation we strengthened our employees’ sense of safety responsibility and
red line awareness and shared production safety violations through our internal publications so as to
educate and urge the management and employees to improve their safety awareness and continuously
improve our overall safety performance.
45001 certification of manufacturing bases (parts)
Case study Linshan base health and safety promotion-filter
press blowing noise improvement
6.4.2 Occupational Health Management There was excessive noise in the west part of the third floor of the synthesis workshop which came
from the filter press. In order to protect the health of employees improve production efficiency and
In strict accordance with related laws of occupational health we have formulated norms and regulations
improve the working environment the secondsuch as “Administrative Regulations on Occupational Health and Occupational Disease Prevention and Production Department the DepartmentTreatment” and “Administrative Regulations on Labor Supplies” and provide corresponding occupational of Safety and Environment Protection and
health protection facilities and posted related risk warnings and signs for those identified occupational the Equipment Department set up a special
health hazard factors such as noise inorganic dust high temperature and inorganic chemical rectification team;
compounds. We regularly organize personnel and special staff to perform inspection and maintenance Sound insulation cotton was adopted in the
equip our staff with corresponding labor protection supplies and strictly perform occupational health main noise-generating area of the filter press
examinations before they take the post during their work and when they leave their post. Meanwhile for to effectively isolate the transmission of noise;
the manufacturing base in South Korea we actively abide by the Korean Occupational Safety and Health After the adoption of this measure the
Law (KOSHA) and other laws and regulations and on this basis we have established risk prevention noise test of each area of the filter press was
measures such as employee health management and work-related injury accident prevention. During conducted and the noise had been reduced by
the reporting period no occupational disease occurred in the group and the qualified rate of employee above 15dB.occupational health examinations reached 100%.
102 ｜ ｜ 103Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
7.1 Community Communication and Involvement
Community support is critical to our operations. With the goal of jointly creating a good community
07 Practicing the Mission of relationship and based on the community involvement framework we take it as our core task to promote the social and economic development of all regions where our projects are located and share the fruits of economic development with the whole society through economic contributions such as tax payment Corporate Citizenship in employment compensation and welfare as well as community investment.We are committed to creating meaningful constructive and positive dialogues with local communities
and listening to their voice and appeals so as to minimize or ease the risks of our production and
Community Building operations activities. We strengthen communication among stakeholders extensively listen to and respond to the expectations and demands of all stakeholders and through transparent and
open communication and appeal mechanisms solve complaints and grievances reported from the
communities and seek solutions through consulting to ensure the smooth operation of each base.
7.1 Community Communication and Involvement Case study Ronbay Technology - Working together to
create good community relations
7.2 Rural and Industrial Revitalization
7.3 Repay the Society with Charity DonationsGuizhou Ronbay regularly holds interactive In February 2023 in the event of “Walking intoactivities between village and enterprise to send the Fire Brigade” Ronbay Hubei’s Volunteer Fire
living materials and blessings to the surrounding Safety Team walked into Gedian Fire Brigade and
residents so as to express gratitude for their invited fire rescue officers and soldiers to launch
support and give back to the society with love. fire fighting skills training.
7.2 Rural and Industrial Revitalization
We regard rural revitalization as an important way to fulfill our social responsibilities and continuously
create sustainable economic and social value for local communities and people and promote common
prosperity by focusing on employment promotion rural public welfare and industrial revitalization.By settling down and expanding the scope of employment areas the company can improve the level of
local employment create jobs help rural areas to retain local talents and provide a sustained impetus
for the overall revitalization of rural areas. Meanwhile the company insists on driving rural revitalization
by industry actively mining local characteristics and industrial development potential and helping local
industries to enhance industrial competitiveness.
104 ｜ ｜ 105Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023Since its establishment Ronbay Guizhou has adhered to the concept of “taking root in the local areaand serving society” and has always been committed to establishing a mutually beneficial and win- 7.3 Repay the Society with Charity Donations
win partnership with the local area. Ronbay Guizhou offers a lot of jobs for the local community and
Focusing on the communities we implement targeted poverty alleviation for the vulnerable and poverty-
introduces advanced production technology and equipment into first-class factories and production
stricken in local communities plan and launch various public welfare and charity projects to support the
lines. It also cooperates with local universities actively creates opportunities for R&D partnership
vulnerable groups provide them with basic living materials solve their basic needs and actively respond
projects and internship opportunities for students encourages the students to pursue majors related to
to social issues.the company’s business and turns rural talents into the dynamic force for rural development. Since 2016
it has directly or indirectly employed about 5000 local employees and offered jobs for about 270 locals In 2023 we carried out humanistic care work among the vulnerable groups in the local communities
with disabilities. Through the college-enterprise cooperation it offered jobs for around 150 local college through charitable donations and greetings for the elderly. We will continue to work with stakeholders
graduates and about 300 local college students with an alternation of work and study. and actively practice corporate social responsibility. During the reporting period we participated in
charity and public welfare donations with an amount of 750000 yuan.Ronbay Guizhou also actively participated in rural public welfare undertakings and social responsibility
projects set up charity projects donations and poverty alleviation projects; besides it regularly 2023 2022 2021
organized employees to participate in volunteer service activities helped the elderly the disabled and Amount (ten 75.00 31.63 36.50
other vulnerable groups in the communities and carried out activities for local left-behind children thousand yuan)
lonely elderly nursing homes and welfare homes on a quarterly basis. (1) A donation of 50000 yuan for Beijing Jinghua (1) Charity Fund of Yuyao Charity
Public Welfare Foundation;
Federation-High-quality education
(2) A donation of 100000 yuan for Ningbo A donation
development of Linshan Town: 100000
Case study Ronbay Guizhou - Actively involved in rural public
Institute of Materials Technology and of 365000
yuan;
Engineering Chinese Academy of Sciences; yuan for
welfare undertakings and social responsibility Objects and (2) 50000 yuan in Jianmin Village Xiaocao'e (3) A donation of 150000 yuan for charity funds Beijing
amounts of Town Yuyao City;
of Yuyao Charity Federation; Jinghua
donation (3) Xiantao Red Cross Society-100000
(4) A donation of 16300 yuan for private burden Public
Greetings to the poverty-struck population in the surrounding communities sports undertakings fund (cash) donation for enterprise contact Welfare
(4) Supporting the Provincial Middle School
research and development talents training / the Foundation
Games in Ezhou and donating 500000 yuan
industrial group of Korea National University of
to the special financial account of Ezhou.Transportation.Case study Love and warmth from us - Ronbay Guizhou’s
greetings and charity activities for the elderly
In addition Ronbay Guizhou focused on the cooperation with local governments and business partners
to help enhance the basic capacity of the rural value chain. Together with local governments we havedeveloped economic development plans invested in the construction of multi-phase industrial parks In order to enhance the social responsibility and On July 23 2023 the “Ronbay Lithium Batterycohesion of our employees convey the warmth Cup Swimming Competition” title-sponsored by
attracted many upstream and downstream enterprises to settle in and promoted the formation of local and love of Ronbay and respond to the national Ronbay Hubei came to a successful conclusion.industrial clusters. At the same time we established strategic cooperative relations with other enterprises call of care for the elderly Ronbay Guizhou held The swimmers of 12 teams from cities and
to jointly develop new products and markets and realize resource sharing and complementary charity activities among the elderly in Dawa prefectures across the province did their best in
advantages. Village Shenxi Town Zunyi City on April 26 2023. the competition presenting a wonderful visual
feast for everyone.
106 ｜ ｜ 107Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Appendix 1: ESG Performance List Intellectual Property
Indicator category
202120222023
Corporate Governance and Economic Performance (cumulative) (items)
Invention applications 125 261 492
Economic Performance
Inventions granted 60 72 104
Indicator category 2021 2022 2023
Applications for utility models 122 343 469
Total assets (100 million yuan) 147.01 256.60 246.39 Utility models granted 81 274 346
Product output (ten thousand tons) 7.25 11.43 13.29
Sales revenue (100 million yuan) 102.59 301.23 226.57 Information Security and Privacy Protection
R & D investment (ten thousand yuan) 35950.26 48655.43 35424.45 Indicator category 2023
Government reward and support fund (ten
15562.605967.6912690.81
thousand yuan) Internal Information Security Audit (times) 6
Charity and public welfare donations (ten
36.5031.6375.00
thousand yuan) Third-party Information Security Audit (times) 1
Special investment in environmental
/ 1746.81 2212.89 Information Security Audits upon Departure (person-times) 168
protection (ten thousand yuan)
Production safety input (ten thousand yuan) 909.18 1802.06 2802.05
Risk Prevention and Control and Integrity Management
Environmental Performance
Indicator category 2021 2022 2023
Energy Consumption
Number of risk control audits (times) 48 30 18
Category 2021 2022 2023
Problems identified in the audits 75 43 129
Number of risk management training sessions
0 次 4 次 2 次 Power consumption (MWH) 371461.88 668085.61 849948.17
(times)
Steam (tons) / 86256 136533
Audit coverage rate (bases) 80% 71% 75%
Natural gas (m 3) / 517429 632731
Signing rate of commitment letter on integrity 100% 100% 100%
Business ethics training coverage 100% 100% 100%
108 ｜ ｜ 109Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Greenhouse Gas Emissions Pollutant Treatment
Category 2022 2023 Category 2021 2022 2023
Range 1 (tons of CO 2 equivalent) 3628.02 7194.06 Solid waste
Hazardous waste (tons) / 1610.23 1375.29
Range 2 (tons of CO 2 equivalent) 319310.58 516925.13
Hazardous waste rate of a thousand-
Range 3 (tons of CO 2 equivalent) 1828698.03 2455915.94 ton product (ton / thousand-ton / 14.19 10.35
product)
Total greenhouse gas emissions (tons of CO 2
2151636.622980035.13
equivalent) General solid waste (ton) 31147.50 32381.08 15348.98
Greenhouse gas emission intensity (tons of CO 2
23.74 22.53 General solid waste rate of a
equivalent / ton of products) thousand-ton of product (tons / 875.39 285.30 115.49
Note: In 2022 only the statistical data of Ezhou base and Zunyi base were verified; in 2023 the statistical data covering Ezhou Zunyi Xiantao Xiaocao’e Linshan
thousand ton product)
Zhongbei of Shanxi JS and EMT bases in South Korea
Waste recovery amount (tons) 2694.68 8419.53 8016.86
Water Resource Note: 1. The waste recovers solid waste including jumbo bags; 2. Considering the accuracy of data the data covered Zunyi Xiaocao’e and EMT in 2021; in 2022
covering Ezhou Zunyi Xiaocao’e and EMT in 2022; in 2023 Ezhou Zunyi Xiantao Xiaocao’e Linshan Zhongbei of Shanxi JS and EMT bases in South Korea
Category 2021 2022 2023 Waste gas
Total consumption of water (ten
90.21 155.87 145.99 Nitrogen oxide emissions (tons) 7.03 14.19 10.12
thousand tons)
Water consumption per unit of Dust emissions per unit of product (g /
12.7813.6110.98/197.8193.46
product (tons / ton of product) ton of output)
Note: only data of Ezhou Xiaocao’e and EMT bases were verified in 2021; Xiantao Zhongbei of Shanxi and South Korea JS bases were not included in 2022; Note: 1. Nitrogen oxide emissions based on EMT in 2021 and 2022 and based on Zhongbei and EMT bases in 2023; 2. The dust emissions based on
covering Ezhou Zunyi Xiantao Xiao Cao E Linshan Zhongbei of Shanxi JS and EMT bases of South Korea in 2023 Ezhou Zunyi EMT and JS bases in 2022 and covering the Ezhou Zunyi Xiantao Xiaocao’e Linshan Zhongbei of Shanxi JS and EMT bases of South
Korea in 2023
Wastewater
Packaging Material Management
Total wastewater discharge (tons) 189483.52 255416.56 264882.05
Indicator category 2023
Emissions per unit of output (tons /
10.582.251.99
ton)
Packaging Material Recovery-Tray (s) 124200 Note: In the past three years the wastewater management of major bases has been gradually strengthened. Considering the rationality of statistical data the
discharge index of wastewater discharge per unit of output = total wastewater discharge / total output of the base is selected. Data sources: Statistical data of
factories in Zunyi and EMT of South Korea in 2021; statistics of Ezhou Zunyi Xiaocao’e EMT etc. in 2022; covering the bases in Ezhou Zunyi Xiantao Xiaocao’e
Linshan Zhongbei of Shanxi JS and EMT bases of South Korea in 2023
110 ｜ ｜ 111Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Social Performance Employment
Customer Service Category 2021 2022 2023
Total number of employees (persons)
Category 2021 2022 2023 3519 4644 4376
(%) by gender
Customer complaint handling rate 100% 100% 100%
Male 76 76 75
Customer satisfaction 96.69% 96.10% 96.80%
Female 24 24 25
By age (persons)
Under 30 years (including 30
R&D and Innovation 1131 1698 1510years)
30-50 years (excluding 30 years
213027262678
Category 2021 2022 2023 including 50 years)
Over 50 (excluding 50) 258 220 188
Number of RD personnel
497599647
(persons) By academic degree (persons)
The proportion of R & D
personnel to the total number of 14.12 12.19 14.79 PhD 16 17 32
employees in the company (%)
Number of R & D personnel with Master 351 491 624
131227
PhD degree (persons)
Bachelor 710 1125 1095
Number of R & D personnel with
197258337
a master’s degree (persons) Below bachelor 2442 3011 2625
Supplier Management
Category 2021 年 2022 年 2023 年 Employee Training
Annual number of assessed
9 18 54 Category 2022 2023
suppliers
Proportion of assessment 53% 67% 100% Annual length of employee training 33390 44507
(class hours / year)
Number of training 6 10 15 Employee training investment (ten 343.8 115.6
thousand yuan / year)
112 ｜ ｜ 113Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Number of types of training courses
57 375 Appendix 2: Chronicle of Events in 2023
(sessions / year)
Average length of employee training
20.5927.38
(class hours / person / year) Serial
Chronicle of events in 2023
By target group 2023 年 number
The company’s globalization strategy was released. In August 2023 three special press
Young talents A total of 36 courses 44.5 hours with 235 trainees 1 conferences were held (in Beijing South Korea and Shenzhen) attended by more than 600000
people worldwide online to fully promote our globalization strategy.New employees A total of 64 courses 78 hours with 474 trainees The organizational reform of three systems has been completed and a platform matrix and
2 process-based organization has been initially constructed forming a professional functional
Grass-roots workers A total of 1738 courses 1887 hours with 22264 trainees platform.We have made breakthroughs in overseas customers and our customer structure has been
3
improved
Occupational Health and Safety
The first phase of the South Korea positive electrode base has been fully completed and put
4
2023 into operation and the second phase has been commencedCategory
Departure rate due to work-related injuries (200000 In 2023 the global market share of our ternary positive electrode exceeded 10% leading the
0.0775
working hours) global sales volume for three consecutive years
Safety education and training (times) 2520 Commercialization of ultra-high nickel 9 series products achieved with a monthly supply of
6
more than 1000 tons
Safety education and training duration (hours) 20405
We were selected for the first time among the Top 500 Private Enterprises in China Top 500
Emergency drills (times) 113 7 Listed Companies in China selected by Fortune and Top 500 Private Manufacturing Enterprises
in 2023
Employee involvement rate 100% The directional add-issuance of 1.334 billion yuan finished and the subscribed order scale of
8
market funds reached 2.134 billion yuan achieving over-subscription by nearly 160%.Occurrence of occupational disease accidents 0
Qualified rate of occupational health of employees 100% We handled 357 patents in the year and won all patent lawsuits at home and abroad against 9
Umicore
The establishment of our American Holding Company & Office marked that our globalization
10
strategy achieved a substantial progress in the United States
Skyland LMFP had grown rapidly in 2023 and become the preferred supplier among many
11
important customers and taken the lead in technology in the industry
12 Established a strategic partnership with EVE Lithium Energy
114 ｜ ｜ 115Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Appendix 3. Honors and Awards Appendix 4: GRI Standards Index
Year Awarding institution Honor title Disclosed topic/item Disclosure title Chapter indexScience and Technology Innovation Board Data Title of “Enterprises with Highest Investment Value on Science and GRI 1: Foundation 2021Research Center and the magazine Caijing Technology Innovation Board in 2021”
GRI 2: General Disclosures 2021
Forbes China “Top 50 Most Innovative Enterprises of China in 2021”
Snowball “Top 100 Influential Listed Enterprises in 2021” 2-1 Organizational details 1.1 About Ronbay
2021 EVTank Hairong Network Battery Network Entities included in the organization’s sustainability
In 2021 ranked first in the competitive brand list of positive 2-2 reporting About the ReportYiWei Institute of Economics China Battery
electrode materials in China’s lithium battery industry
Industry Research Institute etc 2-3 Reporting period frequency and contact point About the Report
The Ministry of Industry and Information
Title of “National SRDI Little Giant Enterprises” 2-4 Restatements of information ESG Performance List
Technology 1.1 About Ronbay
Zhejiang Provincial Department of Economy and In 2021 selected among the first batch of SRDI enterprises in
Information Technology Zhejiang 2-6 Activit ies value chain and other business
3.1 Become a Partner Preferred by Customers
relationships 3.3 Responsible ProcurementRanked 283th in the list of “Top 500 Chinese Enterprises Selected 3.4 Advanced Manufacturing and Lean QualityHurun Research Instituteby Hurun in 2021” About the Report
6. Talents Attracted for Co-building a Vigorous
Equipment Industry Development Center of the 2-7 Employees Ronbay
Ministry of Industry and Information Technology
2022 China’s top 10 power battery supply chains 2-8 Workers who are not employees 6. Talents Attracted for Co-building a Vigorous China Automobile Power Battery Industry Ronbay
Innovation Alliance
2-9 Governance structure and composition 2.1 Corporate Governance
Forbes China Forbes China 2022 List of China’s Top 50 Innovative Enterprises
Nomination and selection of the highest governanceThe Cail ian Press and the “Science and Listed Enterprises with Best ESG on Science and Technology 2-10 body 2.1 Corporate GovernanceTechnology Innovation Board Daily” Innovation Board in 2022
2.1 Corporate Governance
China Business News Influential Enterprises of the Year with Capital Market Value 2-11 Chair of the highest governance body (For details please refer to the 2023 Annual Report
New Energy Enterprises with Highest Investment Value in 2022 of Ningbo Ronbay New Energy Technology Co. Ltd.)
Cailian Press
Selected by Cailian Press Role of the highest governance body in overseeing 2.1 Corporate Governance
Hurun Report Ranked 345th in the Hurun China Top 500 in 2022 2-12 the management of impacts 1.3 Construction and Governance of Sustainable Development System
China Enterprise Evaluation Association 148th in Top 500 in New Economy of China 2-13 Delegation of responsibility for managing impacts 2.1 Corporate Governance
Equipment Industry Development Center of the
About the Report
Ministry of Industry and Information Technology Role of the highest governance body in sustainability
Top 15 Enterprises with the Highest Growth Potential 2-14 1.3 Construction and Governance of Sustainable
China Automobile Power Battery Industry reporting Development System
Innovation Alliance 2.1 Corporate Governance
The magazine Fortune Top 500 China’s Listed Enterprises Selected by Fortune 2-15 Conflicts of interest (For details please refer to the 2023 Annual Report
2023 Top 1 enterprise of ternary positive electrode material in the lithium of Ningbo Ronbay New Energy Technology Co. Ltd.)
Lithium Research
battery material industry in 2023 2-16 Communication of critical concerns 1.3 Construction and Governance of Sustainable Development System
The All-China Federation of Commerce and China’s Top 500 Private Enterprises in 2023
Industry Top 500 Private Manufacturing Enterprises of China in 2023 2-17 Collective knowledge of the highest governance 1.3 Construction and Governance of Sustainable body Development System
Top 100 China’s Listed Enterprises with Best ESG Selected by
Securities Daily
Securities Daily 2-18
Evaluation of the performance of the highest
governance body 2.1 Corporate Governance
China Enterprise Evaluation Association China’s Digital Economy Enterprises TOP500 2-19 Remuneration policies 2.1 Corporate Governance
Top 30 Valuable Listed Enterprises on Science and Technology
Securities Times
Innovation Board (17th event) 2-20 Process to determine remuneration 2.1 Corporate Governance
State Intellectual Property Office National Intellectual Property Advantaged Enterprises in 2023 2-21 Annual total compensation ratio Omitted owing to the need for confidentiality of information
116 ｜ ｜ 117Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Disclosed Disclosure title Chapter index Disclosed topic/item topic/item Disclosure title Chapter index
2-22 Statement on sustainable development strategy Message from Chairman 3-3 Management of material topics 1.3.4 Material Topics and Management
2-23 Policy commitments 2.4 Business Ethics GRI 301：Materials 2016
2-24 Embedding policy commitments 2.4 Business Ethics 301-1 Materials used by weight or volume 4.3.1 Raw Material Recycling
2-25 Processes to remediate negative impacts 2.4 Business Ethics
301-2 Recycled input materials used 4.3.1 Raw Material Recycling
2-26 Mechanisms for seeking advice and raising concerns 2.4 Business Ethics 301-3 Reclaimed products and their packaging materials 4.3.1 Raw Material Recycling4.3.3 Management of Packaging Materials
2-27 Compliance with laws and regulations See sections of the report for details
GRI 302：Energy 2016
2-28 Membership associations See sections of the report for details
2-29 Approach to stakeholder engagement 1.3 Construction and Governance of Sustainable
302-1 Energy consumption within the organizatio See ESG Performance List
Development System Omitted owing to the need for confidentiality of
2-30 Collective bargaining agreements Omitted owing to the need for confidentiality of
302-2 Energy consumption outside of the organization information
information
302-3 Energy intensity See ESG Performance List
GRI 3：Material Topics 2021
302-4 Reduction of energy consumption See ESG Performance List
3-1 Process to determine material topics 1.3.4 Material Topics and Management
Reductions in energy requirements of products and 4.2 Coordination in Energy Saving and Carbon
3-2 List of material topics 1.3.4 Material Topics and Management 302-5 services Reduction
GRI 3：Material Topics 2021-Economic Performance GRI 303：Water and Effluents 2018
3-3 Management of material topics 1.3.4 Material Topics and Management 303-1 Interactions with water as a shared resource 4.3.2 Water Resource Management
GRI 201：Economic Performance 2016
303-2 Management of water discharge-related impacts 4.3.2 Water Resource Management
201-1 Direct economic value generated and distributed See ESG Performance List 5.2.3 Wastewater Management
201-2 Financial implications and other risks and
303-3 Water withdrawal See ESG Performance List
opportunities due to climate change 4.1 Addressing Climate Change
201-3 Defined benefit plan obligations and other 6.1.3 Employee Welfare (Partially unaccounted for
303-4 Water discharge 5.2.3 Wastewater Management
retirement plans and unable to disclose at this time) 303-5 Water consumption See ESG Performance List
201-4 Financial assistance received from government See ESG Performance List
GRI 304：Biodiversity 2016
GRI 203：Indirect Economic Impacts 2016
Operational sites owned leased managed in or
203-1 Infrastructure investments and services supported 7. Practicing the Mission of Corporate Citizenship in 304-1 adjacent to protected areas and areas of high 5.3.4 Biodiversity ConservationCommunity Building biodiversity value outside protected areas
203-2 Significant indirect economic impacts 7. Practicing the Mission of Corporate Citizenship in Significant impacts of activities products and Community Building 304-2 services on biodiversity 5.3.4 Biodiversity Conservation
GRI 204：Procurement Practices 2016
304-3 Habitats protected or restored 5.3.4 Biodiversity Conservation
204-1 Procurement Practices Omitted owing to the need for confidentiality of information IUCN Red List species and national conservation
304-4 list species with habitats in areas affected by 5.3.4 Biodiversity Conservation
GRI 205：Anti-corruption 2016 operations
205-1 Operations assessed for risks related to corruption 2.4 Business Ethics GRI 305：Emissions 2016
205-2 Communication and training about anti-corruption policies and procedures 2.4 Business Ethics 305-1 Direct (Scope 1) GHG emissions 4.1.3 Carbon Emission ManagementESG Performance List
205-3 Confirmed incidents of corruption and actions taken 2.4 Business Ethics 305-2 Energy indirect (Scope 2) GHG emissions 4.1.3 Carbon Emission ManagementESG Performance List
GRI 206：Anti-competitive Behavior 2016
4.1.3 Carbon Emission Management
206-1 Legal actions for anti-competitive behavior anti-
305-3 Other indirect (Scope 3) GHG emissions ESG Performance List
trust and monopoly practices 2.4 Business Ethics
GRI 3：Material Topics 2021-Environmental Performance 305-4 GHG emissions intensity
4.1.3 Carbon Emission Management
ESG Performance List
118 ｜ ｜ 119Ningbo Ronbay New Energy Technology Co. Ltd. Environmental Social and Governance Report 2023
Disclosed
topic/item Disclosure title Chapter index
Disclosed
topic/item Di披sc露los项ur标e 题title Ch章ap节te索r in引dex
305-5 Reduction of GHG emissions 4.1.3 Carbon Emission Management 403-8 Workers covered by an occupational health and ESG Performance List safety management system 6.4 Occupational Health and Safety
305-6 Emissions of ozone-depleting substances (ODS) Omitted not applicable 403-9 Work-related injuries 6.4 Occupational Health and Safety
305-7 Nitrogen oxides (NOx) sulfur oxides (SOx) and 5.2.2 Waste Gas Management 403-10 Work-related ill health 6.4 Occupational Health and Safetyother significant air emissions ESG Performance List
GRI 404：Training and Education 2016
GRI 306：Waste 2020
Waste generation and significant waste-related 404-1 Average hours of training per year per employee 6.2 Enable Employees for Win-win Growth306-1 impacts 5.2.1 Waste Management 404-2 Programs for upgrading employee skills and
306-2 Management of significant waste-related impacts 5.2.1 Waste Management transition assistance programs
6.2 Enable Employees for Win-win Growth
404-3 Percentage of employees receiving regular 306-3 Waste generated See ESG Performance List performance and career development reviews 6.2 Enable Employees for Win-win Growth
306-4 Waste diverted from disposal See ESG Performance List GRI 405：Diversity and Equal Opportunity 2016
306-5 Waste directed to disposal See ESG Performance List 405-1 Diversity of governance bodies and employees 6.1.1 Equality and Diversity
GRI 308：Supplier Environmental Assessment 2016 405-2 Ratio of basic salary and remuneration of women Omitted owing to the need for confidentiality of to men information
308-1 New suppliers that were screened using environmental criteria 3.3 Responsible Procurement GRI 406：Non-discrimination 2016
Negative environmental impacts in the supply 406-1 Incidents of discrimination and corrective actions 308-2 3.3 Responsible Procurement taken 6.1 Employee Rights and Benefitschain and actions taken
GRI 3：Material Topics 2021-Social Performance GRI 408：Child Labor 2016
408-1 Operations and suppliers at significant risk for 6.1 Employee Rights and Benefits3-3 Management of material topics 1.3.4 Material Topics and Management incidents of child labor 3.3 Responsible Procurement
GRI 401：Employment 2016 GRI 409：Forced or Compulsory Labor 2016
401-1 New employee hires and employee turnover Omitted owing to the need for confidentiality of 409-1 Operations and suppliers at significant risk for 6.1 Employee Rights and Benefitsinformation incidents of forced or compulsory labor 3.3 Responsible Procurement
401-2 Benefits provided to full-time employees that are 6.1 Employee Rights and Benefits GRI 413：Local Communities 2016not provided to temporary or part-time employees
413-1 Operations with local community engagement 7. Practicing the Mission of Corporate Citizenship in 401-3 Parental leave 6.1 Employee Rights and Benefits impact assessments and development programs Community Building
GRI 402：Labor/Management Relations 2016 7. Practicing the Mission of Corporate Citizenship in
413-2 Operations with significant actual and potential Community Building
402-1 Minimum notice periods regarding operational Omitted this data is not currently available. negative impacts on local communities 5. Harmonious Coexistence with Environment changes through Eco-friendliness
GRI 403：Occupational Health and Safety 2018 GRI 414：Supplier Social Assessment 2016
403-1 Occupational health and safety management 6.4 Occupational Health and Safety 414-1 New suppliers that were screened using social system criteria 3.3 Responsible Procurement
403-2 Hazard identification risk assessment and incident investigation 6.4 Occupational Health and Safety 414-2
Negative social impacts in the supply chain and
actions taken 3.3 Responsible Procurement
403-3 Occupational health services 6.4 Occupational Health and Safety GRI 416：Customer Health and Safety 2016
403-4 Worker participation consultation and communication onoccupational health and safety 6.4 Occupational Health and Safety 416-1
Assessment of the health and safety impacts of
product and service categories 3.4 Advanced Manufacturing and Lean Quality
403-5 Worker training on occupational health and safety 6.4 Occupational Health and Safety 416-2 Incidents of non-compliance concerning the health Omitted owing to the need for confidentiality of and safety impacts of products and services information
403-6 Promotion of worker health 6.4 Occupational Health and Safety
GRI 418：Customer Privacy 2016
Prevention and mitigation of occupational health
403-7 and safety impacts directly linked by business 6.4 Occupational Health and Safety 418-1 Substantiated complaints concerning breaches of
relationships customer privacy and losses of customer data
2.4.4 Information Security and Privacy Protection
120 ｜ ｜ 121Environmental Social and Governance Report 2023
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