Exceeded 3 trillion yuan! Sany has invested nearly 10 billion!

On September 18, the National Bureau of Statistics, the Ministry of Science and Technology, and the Ministry of Finance issued the "2022 National Statistical Communiqué on Science and Technology Investment", which shows that in 2022, China's total investment in research and experimental development will exceed 3 trillion yuan, reaching 3,078.29 billion yuan, reaching a new level!

Statistics show that the main position of enterprises in scientific and technological innovation has been further consolidated, and investment in key areas has continued to expand, contributing 84% to the growth of R&D expenditure, which is the main force driving the growth of R&D expenditure.

As a leader in the equipment manufacturing industry, Sany Group has always regarded R&D and innovation as the first driving force for the high-quality development of the enterprise, with R&D investment of nearly 10 billion yuan in 2022, a record high, accounting for about 0.3% of the national R&D investment.

From the perspective of investment intensity, China's R&D investment intensity (the ratio of R&D expenditure to GDP) in 2022 will be 2.54%, ranking 13th in the world. In terms of industries, the R&D investment intensity of industrial enterprises above designated size in the special equipment manufacturing industry was 2.96%.

In 2022, Sany Group's R&D investment intensity (the ratio of R&D expenses to operating income) will further increase to about 7.40%, which is 4.86 percentage points higher than the national R&D investment intensity. Among them, the R&D investment intensity of the listed company Sany Heavy Industry is as high as 9.78%, far ahead in the industry.

In the first half of 2023, Sany Group will focus on the three strategies of "globalization, digital intelligence, and low-carbonization", maintain a high level of R&D investment, continue to strengthen R&D capabilities and product core competitiveness, provide inexhaustible impetus for the high-quality development of enterprises, and promote the transformation and upgrading of the industry.