Ningbo Shanshan Co Ltd 2023 AR2

The report highlights Ningbo Shanshan Co., Ltd.'s performance and strategic developments in 2023, focusing on its core anode materials and polarizer businesses. Despite industry challenges and a decline in overall profitability, the company maintained its global market leadership, with its artificial anode materials production ranking first in China and its large-size polarizer market share increasing to 33%. The company actively advanced its ESG initiatives, implementing energy-saving measures such as rooftop photovoltaics and waste heat recycling, resulting in a carbon emission reduction of 1,539,005 tons of CO2 equivalent. Additionally, the company continued its focus strategy by divesting non-core businesses, including its electrolyte and photovoltaic segments, to consolidate its long-term competitiveness.

Company: Ningbo Shanshan Co Ltd

Sector: Materials

Country: China

Year: 2023

Type: AR2

Pages: 302

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Ningbo Shanshan Co Ltd

Ningbo Shanshan Co Ltd 2023 Annual Report

Annual Report

The report highlights Ningbo Shanshan Co., Ltd.'s performance and strategic developments in 2023, focusing on its core anode materials and polarizer businesses. Despite industry challenges and a decline in overall profitability, the company maintained its global market leadership, with its artificial anode materials production ranking first in China and its large-size polarizer market share increasing to 33%. The company actively advanced its ESG initiatives, implementing energy-saving measures such as rooftop photovoltaics and waste heat recycling, resulting in a carbon emission reduction of 1,539,005 tons of CO2 equivalent. Additionally, the company continued its focus strategy by divesting non-core businesses, including its electrolyte and photovoltaic segments, to consolidate its long-term competitiveness.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Apr 24, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees