Create value together, win the world with quality! The 7th Supplier Alliance Summit of Sany Group was successfully held



On January 10, the 7th Sany Group Supplier Alliance Summit with the theme of "Creating Value and Winning the World with Quality" was successfully held in Changsha. A total of 68 alliance suppliers and more than 200 representatives from all over the world gathered here to seek a new pattern of common development.

Yu Hongfu, President of Sany Heavy Industry and Chairman of Sany Supplier Alliance, attended the summit, and he affirmed the achievements of the alliance since its establishment and expressed his gratitude to supplier partners for their support.

Yu Hongfu watch2024 is a year of risks and opportunities, in the "great changes unseen in a century", although the challenges are numerous and the involution is intensified, the Chinese dream of the great rejuvenation of the Chinese nation and the super technology window of the fourth industrial revolution superimposed on the third energy revolution, as well as the huge size of the Chinese market, still create huge opportunities for the development of enterprises.

Yu Hongfu said that in the past year, Sany has steadily promoted high-quality development, firmly implemented the "three modernizations" strategy, and made new achievements, new breakthroughs and new progress in globalization, digital intelligence and low-carbonization, with steady growth in sales and profits and a significant increase in cash flow. What is even more proud is that the company has also been widely recognized by the country, industry and end customers, and has won a number of awards.

In 2024, the Sany Group Supplier Alliance will work together to achieve the common goal of "building the core competitiveness of products and achieving the ultimate in products", and has achieved many achievements in innovation and collaboration, technology cost reduction, technology sharing, and overseas development.

The past honors and achievements are inseparable from the unremitting exploration, innovation and transcendence of all colleagues of Sany, and the strong support and close cooperation of all supplier alliance partners.

Yu Hongfu said that in 2025, in the business environment of the national economic development switching track, the increasingly fierce competition in all walks of life, and the continuous intensification of the domestic market involution, Sany Group will continue to adhere to the cooperation concept of "co-creation, sharing, win-win and common prosperity", deepen the strategic cooperative relationship with alliance partners, work together to continuously improve product quality, create differentiated products and services, and increase efforts to go overseas to "create value and win the world with quality".

During the summit, Yuan Chunyan, Vice President of Sany Group, Director of Business Headquarters and Secretary-General of Sany Supplier Alliance, made an annual report on the work of the Alliance. She said that in the past year, Sany and its supplier alliance partners have made many achievements in the fields of mutual trust enhancement, technology sharing, joint development, the best number of key parts, collaborative going overseas, and global direct supply, helping Sany Group to create a number of star products.

Looking forward to 2025, what will change is the environment, and what will not change is product innovation and operational efficiency improvement. Sany will always adhere to the core tasks of "three builds": to create competitive products, to build an intelligent supply chain, and to build a 100 billion industrial alliance; The work of the alliance will focus on "product innovation, operational efficiency improvement, and high-quality development"; The new products focus on the number of suppliers of key parts, early intervention of suppliers in the design stage, resource sharing, quality priority for mass products, strong promotion of material standardization, comprehensive collaboration, and ESG sustainable development; Global supply promotes the full online business, further sharing of spare parts service resources, and local supply of factory spare parts. Through the continuous improvement of core capabilities of alliance members, we will achieve "co-creation, sharing, win-win and common prosperity".

In order to thank the supplier partners for their strong support to Sany's cause, Sany awarded 58 awards such as "Excellent Partner" and "Global Pioneer Award" to Hunan Iron and Steel Group and other enterprises and individuals during the summit.

At the subsequent grand summit dinner, the guests and friends toasted together, wishing the development of the alliance better and better, and wishing each other a long friendship.