荣盛石化:Summaryof2024AnnualReport

Stock code: 002493 Stock abbreviation: Rongsheng Petrochemica Announcement No：2025-014
Summary of 2024Annual Report of Rongsheng Petrochemical
Co., Ltd.
I. Important Tips
This summary is extracted from the full annual report. To fully understand the Company’s operating results,
financial status and future development plan, investors should read the full annual report carefully disclosed on the
media designated by China Securities Regulatory Commission (CSRC).
All directors have attended the Board meeting to consider this annual report.
Notes of non-standard audit opinion
□ Applicable Not applicable
The plan for the profit distribution or the plan for converting reserved funds into share capital during the reporting
period deliberated by the Board of Directors
Applicable □ Not applicable
Convert reserved funds into share capital or not
□ Applicable Not applicable
The plan for the profit distribution deliberated and approved by the board of directors is as follows: taking
9,572,292,142 shares as the radix, the Company will send cash dividends of RMB 1 (tax included) and 0 bonus
share (tax included) to all shareholders for every 10 shares, and instead of converting capital reserve into share
capital.
The plan for the distribution of preferred stock profits during the reporting period adopted by the board of directors
through resolution
□ Applicable Not applicable
II. Basic Information of the Company
1. Company Profile
Stock abbreviation Rongsheng Petrochemical Stock code 002493
Listed on Shenzhen Stock Exchange
Abbreviation before change (if None
any)
Contact information Secretary of the Board of Directors Representative of securities affairs
Name Quan Weiying Hu Yangyang
Lanjue International Office Building, No. 358 Lanjue International Office Building,
Address Jincheng Road, Xiaoshan District, Hangzhou No. 358 Jincheng Road, Xiaoshan
City, Zhejiang Province District, Hangzhou City, Zhejiang
Province

Fax 0571-82527208 extension 8150 0571-82527208 extension 8150
Tel 0571-82520189 0571-82520189
E-mail qwy@rong-sheng.com yangyang@rong-sheng.com
2. Main Business or Product Introduction during the Reporting Period
(1) Industry of the Company during the Reporting Period
Looking back at 2024, the global economy experienced slow growth with a gradually declining inflation rate.
While major economies maintained accommodative monetary policies, their upward momentum remained
somewhat insufficient. Amid complex and challenging external conditions, China’s economy forged ahead against
headwinds, achieving stable progress with continuouslyreinforced positive trends. Its strides along the path of high-
quality development grew steadier, providing strong support and creating more opportunities for global economic
recovery and development.
(I) Global economy
During the reporting period, the world economy continued its slow recovery amidst multiple challenges,
advancing along a low-to-moderate growth trajectory with uneven progress. Regional divergence in economic
growth became more pronounced, with emerging economies remaining the primary drivers of global economic
expansion. According to World Bank and International Monetary Fund (hereinafter referred to as the “IMF”)
estimates, global GDP growth reached 3.2% in 2024, up from 2.6% in 2023. The rising inflationary trend was
partially contained, while international trade showed activity amid fluctuations, and the restructuring of global
industrial chains accelerated, with major economies maintaining loose fiscal and monetary policies. IMF data
indicates that the global commodity price index for 2024 stood at 165.2, down by 0.3% from 2023, signaling an
overall moderation in commodity prices.
USD/Barrel Brent crude oil price in 2024
100
88.97
90 84.96 83.05 82.92 84.05
79.11 81.80 79.02
80 73.06 75.27 73.51 73.23
70
60
50
January February March April May June July August September October NovemberDecember
Source: Wind
(II) Domestic economy
This year, amid complex economic conditions, ’China’s economy maintained steady progress. The Gross
Domestic Product (GDP) reached RMB 134.91 t