Heavy! Sany Heavy Industry's 2024 Sustainability (ESG) Report

Recently, Sany Heavy Industry released the 2024 Sustainable Development (ESG) Report, which comprehensively demonstrates the company's outstanding achievements in promoting high-quality development and practicing social responsibility in the face of two once-in-a-lifetime opportunities, adhering to the mission of "quality changing the world", implementing the spirit of long-termism, and taking the strategy of "globalization, digital intelligence, and low-carbonization" as the core.

Focus on the "three modernizations" and write a new chapter

In 2024, Sany Heavy Industry will always uphold the spirit of R&D and innovation, unswervingly implement the three strategies of globalization, digital intelligence and low-carbonization, and accumulate a strong driving force to promote high-quality development on the road of transformation and upgrading.

In terms of globalization, the international main business income was 48.513 billion yuan, a year-on-year increase of 12.15%, accounting for 63.98% of the main business income; In terms of digital intelligence, it was awarded the "Leader of China's Industrial Data Governance", and its innovative technological achievements such as simulation, digital twin, and data governance have been praised at home and abroad. In terms of low-carbonization, there were 70 patents and sales of new energy products reached 4.025 billion yuan.

Optimize operations and practice first-class governance

Sany Heavy Industry adheres to the integrity of management, strictly adheres to the bottom line of business ethics, attaches importance to the effective improvement of risk management and internal control capabilities, and actively builds a first-class governance system that meets business ethics standards and compliance management principles, so as to provide a strong guarantee for sustainable and high-quality development.

In 2024, 1 annual general meeting of shareholders, 3 extraordinary general meetings of shareholders, 7 meetings of the board of directors will be held, with 100% attendance rate of directors, 6 meetings of the board of supervisors will be held, and the attendance rate of members of the board of supervisors will be 100%; carried out 29 risk control trainings, covering 1,944 people; In terms of internal control, 177 self-assessment tasks and 61 re-evaluations were established, covering 8,965 evaluation points such as business ethics assessment, and 100% anti-corruption audits were carried out for the headquarters and subsidiaries, and the signing rate of supplier integrity cooperation agreements and letters of commitment reached 100%.

Scientific and technological innovation to create first-class products

Sany Heavy Industry always adheres to the customer-centric, adheres to the concept of "everything comes from innovation", keeps integrity and innovation, actively promotes the transformation of green intelligent manufacturing, and empowers the high-quality development of diversified product ecology with innovation.

In 2024, R&D investment will be 5.38 billion yuan, accounting for 7.06% of the main revenue, with a total of 5,867 R&D technicians, accounting for about 23.13% of all employees, R&D incentive bonuses of about 130 million yuan, 1,047 annual patent applications, and 691 authorizations. By the end of 2024, Sany Heavy Industry has obtained a total of 8,977 domestic and foreign patents, ranking first in China's construction machinery industry in terms of the number of patents.

Low-carbon development to ensure first-class operations

Sany actively fulfills the responsibility of "double carbon", continuously optimizes the environmental management system, improves the level of green manufacturing, promotes low-carbon, environmentally friendly and resource-saving production and operation methods, escorts the company's sustainable development, and jointly builds an environmentally friendly future.

Among them, the annual investment in environmental protection reached 520 million yuan, and the cumulative savings of energy-saving and consumption-reducing projects were 32 million yuan. Among its 22 main engine and parts manufacturing subsidiaries, 100% have obtained pollutant discharge permits, 100% of wastewater, waste gas and noise emissions at the plant boundary meet the standards, 100% of hazardous waste is disposed of in compliance with the standards, and there is no excessive discharge, 12 have passed the ISO 14001 environmental management system certification, 21 have applied photovoltaic power generation equipment, and the use of clean energy has reached 76.072 million kWh, and the proportion of clean energy use is 13.8%.

People-oriented, the achievement of first-class talents

The vitality of the enterprise comes from people, and the progress of society depends on innovation.

In 2024, Sany Heavy Industry will comprehensively optimize its talent strategy, gradually form a young and global talent echelon, significantly increase the proportion of the new generation in the senior management team, and continue to improve the salary system, strengthen vocational training, so that every employee can share the fruits of development, release a shareholding plan with a scale of about 550 million yuan, participate in 6,241 employees, and honor the medium and long-term incentives granted in previous years, and unlock a total of 230 million yuan in 2024. In addition, 2,178 new professional certifications were added, including 596 external certifications, with a total of 13,251 certifications, 485 vocational training courses were carried out, and 27,658 training participants were trained, with a training ratio of 93.25% and an average training duration of 147 hours per capita.

Give back to the society and make first-class contributions

Adhering to the concept of "the responsibility of the country is greater than the benefit of the enterprise", Sany actively gives back to the society, is committed to making first-class contributions in the fields of public charity, rural revitalization and social rescue, and carries out public welfare, education, volunteer service, rescue and other activities to interpret the social responsibility and responsibility of the enterprise.

In 2024, Sany Heavy Industry will participate in various social rescue, disaster relief, rural revitalization, public welfare education and other projects with a total investment of 18.16 million yuan, with a total of more than 340 million yuan over the years, carry out 143 public welfare activities, and contribute 2,739 hours of public welfare. Among them, the "Sany Public Welfare" platform has registered a total of 24,220 volunteers, established 62 volunteer teams, carried out 201 public welfare activities in 13 cities across the country, with a total of 5,241.7 hours of volunteer service, 1,371 employee volunteer service participation, and 2,121 people served. ESG

In the future, Sany will continue to be guided by the "Three Modernizations Strategy", deepen technological innovation, strengthen risk management and control, improve governance efficiency, create deterministic value in an uncertain environment, and contribute to global sustainable development.