容百科技:2024年年度报告简版(英文版)

Company Code: 688005 Company Abbreviation: Ronbay Technology
Ningbo Ronbay New Energy Technology Co., Ltd.
2024 Annual Report Summary

Section I Important Notes
1、 This annual report summary is derived from the full annual report. For a comprehensive
picture of the Company’s operating performance, financial status, and future development plans,
investors are encouraged to carefully read the full annual report on the website www.sse.com.cn.
2、 The Company's Board of Directors, Board of Supervisors, directors, supervisors, and senior
management personnel guarantee the authenticity, accuracy, and completeness of the annual
report, ensuring there are no false records, misleading statements, or significant omissions, and
they bear individual and joint legal responsibilities.
3、 All directors of the Company attended the Board of Directors meeting.
4、 Pan-China Certified Public Accountants (Special General Partnership) issued a standard
unqualified audit report for the Company.
5、 Profit distribution plan or capital reserve capitalization plan for the reporting period
approved by the Board of Directors
According to the audit by Pan-China Certified Public Accountants (Special General Partnership), as
of December 31, 2024, the parent company's distributable profits at the end of the period amount to
RMB 268,284,854.38. Upon review by the Company's Board of Directors, the Company plans for the
2024 fiscal year to distribute profits based on the total share capital of 714,725,470 shares registered on
the equity distribution record date, excluding 10,090,435 treasury shares in the special repurchase
securities account, resulting in a base of 704,635,035 shares. It is proposed to distribute a cash dividend
of 3.70 yuan (tax inclusive) per 10 shares to all shareholders, totaling a planned cash dividend of
260,714,962.95 yuan (tax inclusive), which accounts for 88.11% of the net profit attributable to
shareholders of listed companies as per the 2024 consolidated financial statements. The Company will
not issue bonus shares and will not capitalize the capital reserve. If there are changes in the Company's
total share capital due to convertible bond conversions, share repurchases, share repurchases and
cancellation for equity incentive grants, or share repurchases and cancellation for major asset
restructurings between the announcement disclosure date and the equity distribution record date, the
Company plans to maintain the per-share distribution ratio unchanged and adjust the total distribution
amount accordingly. If there are subsequent changes in the total share capital, a separate announcement
will be made detailing the specific adjustments.
The Company's 2024 profit distribution plan has been reviewed and approved by the Fourth
Session of the Third Board of Directors and the Fourth Session of the Third Board of Supervisors, and
still needs to be submitted for review by the shareholders' general meeting.
The Company held the third session of the third Board of Directors on December 27, 2024, and
reviewed and approved the Proposal on the Capital Reserve Capitalization Plan for the Third Quarter of
2024, which was subsequently reviewed and approved by the temporary shareholders' general meeting
on January 15, 2025, agreeing to capitalize the capital reserves to shareholders at a rate of 4.9 shares for
every 10 shares. The Company completed the equity distribution in March 2025, with a total of
231,725,615 shares converted, increasing the total share capital to 714,725,470 shares. Details are
provided in the Third Quarter 2024 Equity Distribution Announcement (2025-005) disclosed on the
Shanghai Stock Exchange website (www.sse.com.cn) on February 28, 2025.
Section II Definitions
In this report, unless the context indicates otherwise, the definitions of following terms apply:
Definitions of Common Terms
Company, The Company, refers Ningbo Ronbay New Energy Technology Co., Ltd.
and Ronbay Technology to
refers Ningbo Ronbay Lithium Battery Material Co., Ltd., the
Ronbay Lithium Battery to predecessor of Ronbay Technology, originally named Ningbo
Jinhe Lithium Battery Material Co., Ltd.
Jinhe Lithium Battery refers Ningbo Jinhe Lithium Battery Material Co., Ltd., later renamed
to Ningbo Ronbay Lithium Battery Material Co., Ltd.
Hubei Ronbay refers Hubei Ronbay Lithium Battery Material Co., Ltd., a
to wholly-owned subsidiary of the Company
Beijing Ronbay refers Beijing Ronbay New Energy Technology Co., Ltd., a
to wholly-owned subsidiary of the Company
Tianjin Ronbay refers Tianjin Ronbay Skyland Technology Co., Ltd., a subsidiary