"It's better to make mistakes than to miss them"! CCTV Finance interviewed Sany Xiang Wenbo

On January 16, CCTV Finance and Economics' "New Year's Visit to Famous Enterprises" had a conversation with Xiang Wenbo, rotating chairman of Sany Group and chairman of Sany Heavy Industry, focusing on the globalization, digital intelligence, and low-carbon transformation of Sany Group, exploring new trends in the high-quality development of the construction machinery industry, and releasing relevant graphic reports.

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The construction machinery industry is a barometer that reflects the cold and warm infrastructure investment, and it is also one of the industries with fast development, strong technical strength and large market share in China's manufacturing industry. Today, our report goes into Sany Group, a large equipment company, to understand how a construction machinery enterprise that deals with bricks and cement all year round realizes its transformation and development during the window of technological change at the intersection of information technology revolution and energy revolution.

CCTV Financial Excavator Index is the latest release

In the New Year, there was a wave of construction in various places

On January 16, CCTV Financial Excavator Index released the latest report. In 2023, the operating rate of construction machinery in the country will remain generally stable and stable in the basic trend. At the beginning of the new year, many provinces in the east and central regions set off a wave of major projects. The data show that from January 1st to 7th, the average daily operating rate of Jiangxi construction machinery was 57.52%, ranking first in the country; Fujian and Zhejiang have been operating more than 50% of construction machinery for 7 consecutive days; Anhui's comprehensive operating rate has been rising, from 49.39% to 56.42%. These data are collected from all kinds of construction machinery and equipment of Sany Group all over the country.

Xiang Wenbo, Rotating Chairman of Sany Group: At present, we have 950,000 devices connected to the network, and this sample number is convincing enough, at least to reflect some of the situation of infrastructure construction. At present, many government decision-making departments and research departments use it as a reference index.

Sany Group:

The intelligent transformation of domestic factories has been fully completed

In the 100,000-square-meter smart factory, all 1,540 sensors and 200 robots are connected. Booms as large as 72 meters long and screws as small as 2 millimeters are assembled by robots. Under the organization of the factory's intelligent scheduling system, 101,320 different types of parts are embedded in each production link in an orderly manner, achieving 263 different specificationsConcrete pump truckFlexible and intelligent manufacturing.

Xiang Wenbo, Rotating Chairman of Sany Group: We have basically completed the intelligent manufacturing upgrade of all domestic manufacturing plants, and also completed the construction of the first overseas intelligent factory. Last year (2023), when sales were basically flat, profits increased by 28%, which should be related to these large-scale intelligent transformations.

Domestic construction machinery head enterprises to accelerate the sea

Data show that from January to November 2023, the cumulative export value of China's construction machinery products will be 313.294 billion yuan, a year-on-year increase of 17.3%. In the first three quarters of 2023, the overseas sales of many domestic construction machinery companies have grown rapidly. Among them, overseas sales revenue has contributed nearly half of Sany Group's revenue.

CCTV reporter Zhang Weijie: Sany Group has moved towards comprehensive globalization, are you and your team ready to deal with more and more similar challenges in the future?

Xiang Wenbo, Rotating Chairman of Sany Group: We must take the initiative to respond to these changes. For example, with regard to the high tariffs on Chinese products, we must take measures to move from the export of a single product in the past to a new stage, and solve this problem through the globalization of manufacturing, research and development, and products and services.

Sany Group:

The new energy track "would rather make mistakes than miss it"

Sany Group has laid out a number of new energy tracks such as photovoltaic, hydrogen energy, lithium battery, and energy storage, and has achieved product production or technological breakthroughs in related fields. Xiang Wenbo said that in order to step up from the current 100 billion yuan operating income to a trillion yuan level, it is necessary to seize the opportunities brought by the new energy revolution. Even if you make a mistake in the process, you must not pass by it.

Xiang Wenbo, Rotating Chairman of Sany Group: We have said that it is better to make mistakes, but not to miss them. For us as a business, the most important thing we can't miss is the opportunity given by the times, but as long as we have the ability to take this risk, we are willing to take risks to try.

(Article source: CCTV Finance)