Trinity "New Quality" Concept | Accelerate the low-carbon transformation and cultivate new green and high-quality productivity

August 15, 2024 is the second National Ecology Day, and the theme of this year's National Ecology Day is "Accelerating the Comprehensive Green Transformation of Economic and Social Development". At present, China's economic and social development has entered a stage of high-quality development that accelerates green and low-carbonization, green development is accelerating, and traditional industries are radiating new vitality.

The Third Plenary Session of the 20th Central Committee of the Communist Party of China proposed: "Green and low-carbon is the inherent requirement of new quality productivity, and the green and low-carbon development mechanism is an important guarantee for the development of green new quality productivity." Guided by new productivity, Sany Group accelerates the strategic transformation of "low-carbon" and strives to achieve the goal of green development.

Promote the electrification of products: lead the green revolution of construction machinery

The intelligent transformation of Chaonaoliang Coal Mine

The fourth industrial revolution is superimposed on the third energy revolution, and the world is in an unprecedented super technology window. Sany grasps the economic and industrial opportunities brought about by the low-carbon transformation, and actively promotes the green and low-carbon transformation of traditional construction machinery.

In 2021, Sany re-injected and increased the electrification of products, established parallel electrification divisions and independent electrification product research institutes in each business division, comprehensively promoted the electrification of host products and the development of related core components and technologies, focused on the three major technical routes of pure electric, hybrid and hydrogen fuel, covering multiple fields such as batteries, electric drives, electronic control, electronic appliances, control algorithms and thermal management, continued to iterate low-carbon products, and achieved a relatively complete electrification product matrix.

At present, the sales volume of Sany's electrified R&D electric mixer trucks has increased by 47% year-on-year, maintaining the first market share for three consecutive years, and the sales market share of electric cranes has ranked first in the industry, highlighting the leading position of electrification.

Draw the second growth curve: in-depth layout of the new energy industry

China has vigorously developed green and low-carbon industries, promoted the development of strategic emerging industries and future industries, and injected new vitality into the green transformation. In the face of new market opportunities, Sany Group seized this opportunity and took the new energy industry as the main direction to achieve the second growth curve of its business, and made in-depth layout in photovoltaic, hydrogen energy, lithium battery, energy storage and other fields.

In 2022, Sany Renewable Energy was successfully listed, achieving an operating income of 14.939 billion yuan in 2023, a year-on-year increase of 21.21%, ranking seventh among global wind power companies. For the photovoltaic sector, Sany Silicon Energy was established in 2022 and successfully opened up the entire photovoltaic industry chain from monocrystalline to cells and modules in only 9 months.

At the same time, Sany Group is deeply engaged in the new energy vehicle track, and Sany Heavy Truck continues to refresh the sales record of commercial vehicle interconnection.Magic Tower 1165The electric heavy-duty truck set a world record of 817.5 kilometers on a single charge. With a market value of 14 billion yuan, Sany Heavy Truck ranked second in the "2024 Hurun China Top 100 New Energy Potential Enterprises".

As of August 2024, Sany Lithium Energy, established in 2022, has deployed 72 battery swap stations in 36 domestic cities and 4 overseas regions, with a total exchange capacity of 102.03 million kWh and a cumulative carbon emission reduction of 88,900 tons. In the field of hydrogen energy, Sany Group has launched a hydrogen energy heavy-duty truck with leading performance, and will build the country's largest green electricity hydrogen production and hydrogen refueling integrated station in 2023 to meet the hydrogen energy demand in transportation scenarios.

Seize the commanding heights of international competition in the future: meet the challenges of the global market

Developed economies take advantage of their accumulated advantages in energy and industrial transformation, data standards, certification systems, etc., to bring challenges to the export of products from China's traditional industries and strategic emerging industries, and promoting green and low-carbon development is conducive to seizing the commanding heights of future economic competition.

In the European market, the certification of electric products is complex, the standards are strict, and the maintenance personnel requirements are high, and Sany develops products based on market and customer requirements. In June 2024, Sany Netherlands signed a pre-sale order for 20 units of SY215E in the local area, and is expected to deliver more than 35 units this year. This historic order marks a new breakthrough in the European electrification market and a first-mover advantage in the European electric excavator market.

Recently, Sany Renewable Energy successfully passed the verification of BSI, a world-renowned certification body, and became the first enterprise in the wind power industry to obtain the ISO 20400 Declaration of Conformity for Sustainable Procurement. This achievement of international standardization practices in the field of sustainable development will contribute to the company's long-term stable operation.

General Secretary Xi Jinping profoundly pointed out: "Green development is the background color of high-quality development, and new quality productivity itself is green productivity." ”

In the future, Sany Group will take the development of new quality productivity as the focus of high-quality development, and unswervingly accelerate the "low-carbon" transformation. Through the deep integration of globalization, digital intelligence and low-carbonization, Sany strives to promote Chinese-style modernization and the realization of the vision of "Beautiful China", and contribute to a green, sustainable and beautiful future.