瑞浦兰钧2025中期报告

瑞浦蘭鈞能源股份有限公司REPT BATTERO Energy Co., Ltd. （於中華人民共和國註冊成立的股份有限公司）股份代號 ：0666 24521303234353755 FENG, TING Simon Chen Simon Chen 2666 13981–217–20 Simon Chen IR@reptbattero.com 11881117118 www.reptbattero.com 0666 205 205 24840 H 183171712–1716 20246 30 2025Rho Motion202591028%SNE Research2025401.3GWh38.5% 2025696.8693.741.4%40.3%44.3%552.434.3%50.4%202535.455.9%21.8%252.131.1%2025477GWh49% 20252025178.223.6%26.1%Cox Automotive2025601.5%15.313.3%2.52EV3.540% 2025(SMM)2025250GWh100% 2025202594.91GW/222GWh35%33%2025128.3GW26.5% 202520252GW/3.55GWhPV Magazine USA20251.5GW/4GWh57%The Guardiansh20251.2GW20302.3GWh + 1. 2. GBULIEC 38,892.50.9%10,322.59,491.124.9%32.4GWh100.2%18.87GWh119.3%13.53GWh78.5% (SMM)202520252025 ABCDEFGH(PHEV)(EREV)54Ah 324Ah ProCGFIJKL5020257.5%18%809% ®392AhPowtrixTM6.26MWhMNOPQ20GWh 100150200-300 4C-6C195-200Wh/kg ≥310Wh/kgeVTOLCIBF2025 280Ah314/320Ah4%10%180Wh/kg95%(0.5P)10,0006.25MWh+392Ah587Ah190Wh/kg96%(0.25P)10,000201P314Ah-1P1P314Ah12,00025 228Ah15324Ah6,000~8,000190Wh/kg324Ah 72/100Ah165Wh/kg6,0001010 CTP2025GREEN CTP4C10%-80%10FDCCMU2%CTP202510%BMS60%10%48V800V F100kWh≥165Wh/kg≥85%2C15% 5MWhCSA/ANSI C80025NFPA855UL9540A-30555MWh3392Ah6.26MWh2025% 1,0722,9772442,66766541273 •500~600Ah+6MWh+206MWhBMS20-30556MWh+0.5P S113kWh683kWh50% 202420262024326 8GWh202519 7,596.724.9%9,491.1 13.53GWh78.5%18.87GWh119.3%2,858.440.9%4,026.63,207.858.4%5,082.6 1,530.575.0%381.9 7,298.118.7%8,661.8 298.5177.8%829.43.9%8.7% 158.8777.7389.7%2.6%8.5% 139.763.0%51.79.1%13.5% 248.926.8%182.2 224.321.8%273.2 297.920.1%238.0 403.611.8%355.9 103.654.3%47.4 1.04.1%0.95 170.49.4%154.3 3.218.8%3.8 658.290.5%62.7 (i)(ii)(iii) 4,211.94,285.7 10,006.39,999.71,529.93,464.9 10,322.519,645.119,247.419,948.48,621.5 73.5%73.2% 980.81,258.9935.21,242.1132.332.8 1,060.7 4,325.7 7,447.74,254.5 C1 C3 D2 D2D2 XVXV78352 (1)H874,422,124(2)2,276,874,050(3)41.1%72.7%(4)FENG, TINGFENG, TING(5)FENG, TING (1)48.85% (2) (3)143,000,00057,000,000FENG, TINGXVFENG, TING200,000,00020% (4)FENG, TING XV(i)XV78(ii)352(iii) XV23336 (1)1,402,451,926H874,422,124(2)2,276,874,050(3)100%72.7%41.1%264,000,000H(4)51%43.5%1,089,419,482264,000,000H (5)22.3%(a)71.5%23.7%(b)80%11.5%57.5%1,089,419,482264,000,000H (6)96,000,000H (7)49.95%187,828,067 40%80%45%90%68.8%40%40%99.63%62.69% 187,828,06756,285,178 336 11,6731,040.2 H2024 2,013.1992.11,021.0 202412312024123120261231 3.213.22D.3.3Simon Chen3.10(2)3.21 FENG, TINGSimon Chen 13.51B(1) 2025630 2025630 2025630 2025630 20256 30 1. 201710252022331205 20231218 2.1 20256303420241231 2025630303,386,00020256301,751,526,0002025630 2.2 20241231 21 2.2 21 3. 4. 4. (i)20231 15% 5. 20256 30 6. 25% 202315%202463015% 202415%202463015% 20232023202515% 7. 2,276,874,00020246302,276,874,000 20252024630 (65,320)(442,973) 2,276,874,0002,276,874,000 8. 20256302024630 9. 2025630202412317,447,702,0003,193,204,000 20256301,607,201,00020246301,211,727,000 20256301,854,00020246302,201,00060,0002024630859,000 20256 30 2025630667,880,00020241231574,383,000 10. 11. 12. 2,276,8742,276,874 20256 30 13. 14. (a) 14. 20256 30 14. 14. 20256 30 14. (b) 14. (b) 20256 30 14. (c) —7,700,0006.36% —QUINTESSENCE INTERNATIONAL INVESTMENT PTE.LTD.23,623,0006.00% (d) 15. 15. 2025630 2025630 20256 30 15. 20241231 20256302024630 16. 202420241231 20246302024630 17. 2025630 18. 2025811