Ronbay Technology(688005)2025-02-14 09:45Financial Performance - Total revenue for 2024 was RMB 1,508,333.25 million, a decrease of 33.43% compared to RMB 2,265,727.47 million in the previous year[4] - Net profit attributable to shareholders of the parent company was RMB 29,225.76 million, down 49.69% from RMB 58,090.85 million year-on-year[4] - Basic earnings per share decreased by 51.97% to RMB 0.61 from RMB 1.27 in the previous year[4] Market Position and Growth - The company's global market share for ternary materials exceeded 12%, an increase of 2 percentage points from 2023, maintaining the top position for four consecutive years[6] - The company achieved a sales volume of 120,000 tons for ternary materials, representing a nearly 20% growth year-on-year[6] - The company’s manganese iron lithium materials saw sales double, with significant growth in the commercial vehicle market[7] Production and Quality - The company's precursor production line passed certification from top international clients, indicating a quality level that meets global standards[7] - The Korean factory achieved full production capacity in Q4 2024 and recorded its first profit, with plans for a second production line to begin trial production in H1 2025[9] Strategic Partnerships and Business Model - The company established partnerships with five of the six most valuable battery and electric vehicle clients globally, with overseas sales exceeding 20,000 tons[9] - The company aims to become a comprehensive solution provider in the cathode materials industry, indicating a strategic shift in its business model[10]