Cybrid Technologies releases first ESG report showing sustainability progress

Cybrid Technologies has released its first ESG report covering 2024, committing to annual reporting going forward.

The company made significant renewable energy progress, with its Jiulong factory launching a 2.85 MWP photovoltaic power generation project. The Pujiang factory purchased 15,000 megawatt-hours of green electricity supporting wind power generation.

Cybrid achieved a 97.70% water resource recycling rate while consuming 22,301.43 tons of standard coal equivalent energy.

R&D investment reached 120.05 million yuan in 2024, representing 4.00% of main business revenue. The company reported zero major safety or quality incidents related to products and services.