In March, the second phase of Huayou's Indonesia 50,000-ton precursor project successfully produced its first batch of qualified products, marking that the Huayou project has officially entered the stage of scale production. This milestone highlights the company's strong momentum in international development and demonstrates a trend of steady progress and continuous improvement in production and construction.

In 2024, the company achieved a revenue of 60.946 billion yuan, with a net profit attributable to the parent company of 4.155 billion yuan, representing a year-on-year increase of 23.99%, marking the best operating performance since the company's establishment. The net cash flow from operating activities was 12.431 billion yuan, up 256.61% year-on-year, indicating a significant improvement in operating quality. By the end of the reporting period, total assets reached 136.591 billion yuan, an increase of 8.82% compared to the previous year, while the net assets attributable to the parent company were 36.946 billion yuan, a growth of 7.78%. For the fiscal year 2024, the company plans to distribute a cash dividend of 5 yuan per 10 shares (tax included) to all shareholders, totaling approximately 840 million yuan, accounting for 20.20% of the annual net profit attributable to the parent company, continuously returning value to shareholders.

On April 20th, Company Chairman Chen Xuehua visited the site of the Indonesia Pomalaa Industrial Park (referred to as IPIP) for inspection and guidance. Senior Vice President Gao Baojun, who is also the President of Huayou's Nickel Industry Group in Indonesia, and the person in charge of the IPIP park accompanied him throughout the visit.

Recently, the international authoritative institution S&P Global officially released the "Sustainability Yearbook (China Edition) 2025." Huayou Cobalt was successfully selected due to its outstanding performance in the areas of Environmental, Social, and Governance (ESG), becoming a model enterprise for sustainable development practices in China's new energy lithium battery material industry.

On April 16th, the Huayou Holding Group 2025 Cadres Conference was held at the headquarters in Tongxiang. The conference, themed "Great Opportunities and Great Achievements, Firm Strategic Direction to Promote High-Quality Development," comprehensively summarized the achievements during the "14th Five-Year Plan" period and systematically planned the strategic layout for the "15th Five-Year Plan." Chairman Chen Xuehua delivered a keynote speech at the conference.

On April 15th, Huayou's first Innovation and Development Conference was held at its headquarters in Tongxiang. This conference, marking an important milestone in Huayou's development journey, took "Innovation and Development" as its theme, aiming to consolidate a consensus on innovation across the company, stimulate innovative vitality, and promote high-quality enterprise development. Chairman Chen Xuehua attended the meeting and delivered an important speech.