Heavy! Sany Heavy Industry's 2023 Sustainability (ESG) Report

Recently, Sany Heavy Industry released the 2023 Sustainable Development (ESG) Report (see "Read the original article" in the lower left corner for the full text), which provides a panoramic review of Sany Heavy Industry's responsibility practices and remarkable achievements in the past year in the "three modernizations" strategy, integrity management, quality innovation, green safety, employee care, social welfare, etc., and vividly demonstrates the company's corporate image of actively fulfilling economic, social and environmental responsibilities and promoting sustainable development to the society and the public.

Three-in-one strategy, first-class enterprise

In 2023, Sany will actively promote the "three modernizations" strategy of globalization, digital intelligence and low-carbonization, promote the digital transformation of production processes, management systems and business models through the global layout of production bases and R&D centers, and practice green manufacturing, energy conservation and emission reduction, and circular economy, so as to accelerate the company's growth and promote the construction of a first-class enterprise.

In terms of globalization, the international sales revenue reached 43.449 billion yuan, an increase of 18.81% over last year, and overseas revenue accounted for 60.75% of the main business income; In terms of digital intelligence, a total of 33 lighthouse factories have been built, reducing the labor cost of sets by 46.33%; In terms of low-carbonization, it obtained 275 clean technology patents, and the revenue of electric products was 3.146 billion yuan, and the revenue of hydrogen energy was 130 million yuan.

Integrity management, first-class governance

Committed to sustainable and high-quality development, Sany adheres to honest and compliant operations, attaches importance to risk management and internal control, abides by business ethics, and resolutely resists all corruption.

In 2023, Sany Heavy Industry will hold 1 general meeting of shareholders and 4 extraordinary general meetings of shareholders; 7 meetings of the Board of Directors were held, and the attendance rate of directors was 100%; 7 meetings of the Board of Supervisors were held, and the attendance rate of members of the Board of Supervisors was 100%; At the same time, it actively used digital and intelligent means to build more than 30 risk databases covering 6,196 risks in finance, business, marketing, overseas, etc., carried out audits for 382 key clues and problems, identified and promoted the solution of more than 4,000 risks and risks, and carried out anti-corruption audits for the headquarters and subsidiaries, with a coverage rate of 100% and a 100% signing rate of supplier integrity cooperation agreements/letters of commitment.

Quality innovation, first-class products

As the world's leading equipment manufacturing enterprise, Sany Heavy Industry adheres to the concept of "everything comes from innovation", continuously strengthens the layout of advanced manufacturing, leads the high-quality development of diversified product ecology with innovation, and drives the rapid development of the enterprise with the power of science and technology.

In 2023, Sany Heavy Industry will invest 6.101 billion yuan in R&D, accounting for 8.33% of operating income, apply for 1,533 patents, authorize 854 valid invention patents, participate in the preparation and release of 19 national standards and 4 industry standards, and make breakthroughs in the three major intelligent product fields of intelligent driving, intelligent operation and intelligent service, including the delivery of the first disaster relief robot and the completion of intelligenceAll-terrain cranesThe development of 3 core technologies, the self-development of L4 driverless dump trucks, and the creation of a smart operation ecosystem covering 20 major construction scenarios.

Green and safe, first-class operation

In 2023, Sany Heavy Industry will actively fulfill its "dual carbon" responsibility, accelerate the green transformation of its development mode, promote low-carbon, environmentally friendly and resource-saving production and operation methods, and at the same time uphold the concept of "life first, safety first", continue to improve safety management, and solidly build a compliant and efficient environmental, health and safety management system to help enterprises operate sustainably.

Among them, in terms of green development, Sany Heavy Industry has unswervingly promoted the whole process of carbon reduction measures, built a whole process green production chain with source carbon reduction as the cornerstone, interconnection carbon reduction as the link, and process carbon reduction as the core, and is committed to efficient and environmentally friendly production methods. In 2023, the use of clean energy will reach 44,815,900 kWh, the proportion of clean energy use will be 6.55%, the energy consumption in non-production areas will be reduced by 13% year-on-year, the energy consumption of 10,000 yuan of output value in production areas will be reduced by 10.7%, and the energy-saving and consumption-reducing projects carried out in the process of operation will save about 112 million yuan in energy costs.

Care for employees, first-class talents

Adhering to the development concept of people-oriented, diversity and inclusion, Sany creates an equal and diverse working environment to ensure that employees' career development matches the company's goals. Through the implementation of an inclusive talent strategy, we will build a complete talent training system and competitive salary and benefits, promote the personal growth of employees, and achieve a win-win situation for enterprises and employees.

In 2023, Sany Heavy Industry's vocational training will cover 92.52% of employees, with an average of 121.40 hours of training per employee, a shareholding incentive scale of 591 million yuan, covering 7,131 employees, and a participation rate of 94.81% in employee satisfaction surveys, with an employee satisfaction score of over 90 points. A total of 1.011 million yuan of assistance subsidies for employees in difficulty have been issued, and 39 employees have been helped.

Social welfare, first-class contribution

Adhering to the concept of having the courage to assume social responsibility, Sany Heavy Industry is well aware that the sustainable development of an enterprise not only depends on the growth of economic benefits, but also depends on the social value created. Therefore, the company actively participates in various public welfare activities, practices the concept of sustainable public welfare with practical actions, and strives to contribute more to social progress.

In 2023, Sany Heavy Industry will donate about 27.872 million yuan to various social welfare funds such as disaster relief and anti-epidemic, rural revitalization, public welfare education, and material donations, and carry out a total of 76 public welfare and volunteer service activities, with a total of 11,200 people participating. As of December 31, 2023, the "Sany Charity" platform has registered a total of 17,002 volunteers, established 51 volunteer teams, and participated in 714 volunteer services, with a cumulative duration of 2,266.2 hours.

Looking forward to the future, Sany will continue to adhere to the corporate mission of "quality changes the world" and the corporate vision of "creating a first-class enterprise, cultivating first-class talents, and making first-class contributions", and unswervingly promote the "three modernizations strategy". In the journey of the new era, we adhere to the people-oriented and innovation-driven, explore the path of green development with global partners, contribute to the realization of global sustainable development goals, and create greater value for employees, shareholders and society.