Recently, 24 Tide Industry Research Institute (TTIR) released a top 10 ranking based on the data of revenue, advance receipts, net profit attributed to mother, foreign investment, operating and fundraising cash flow, and other different dimensions in the latest annual reports (2023 financial reports) of 111 domestic lithium listed/IPO companies. In the process of China's lithium accelerated industrial reshuffle and game in 2023, Huayou Cobalt rose to the challenge and broke through the difficulties, ranking the second and eighth in the corresponding list with a revenue of 66.304 billion yuan and a net profit of 3.351 billion yuan, and other dimensional data also ranked in the forefront.

In 2023, facing the complex and severe industrial situation, meeting the challenge of reversal of supply and demand, and coping with the increasing competition in the industry, the company will go all out to respond to changes, implement the requirements of striving for excellence and improving quality, adhere to the development of new energy lithium materials industry as the core, and adhere to the overall trinity of "Controlling the Resources Upstream, Developing the Markets Downstream, Enhancing the Capability from Within" and competitive strategy of "product leadership, cost leadership", continue to deepen the global layout of industrial integration, comprehensively build comprehensive competitive advantages of industrial integration, and strive to build a new quality productivity pattern of industrial integration, and have achieved better business performance and maintained a good development momentum. We have achieved good operating results and maintained a good development trend.

In 2024, the Company will always carry out the work requirements of "seeking progress in stability and seeking victory in progress", adhere to the business essence of "customer-centred and creating value for customers", carry forward the spirit of self-improvement and pursuit of excellence, improve the three major elements of "quality, cost and efficiency", expand the market, increase orders and load, strengthen scientific and technological innovation, promote management change, continuously shape new advantages, and go all out to promote the company's high-quality development.