SANY Once Again Listed on Forbes China

Date:2023-03-22 Author:Grace Source:www.chinaspv.com

March 22, 2023, China, Recently, Forbes China released its "TOP 50 Sustainable Development Industrial Enterprises of 2022," and SANY Heavy Industry was among them, named as an industry benchmark for sustainable development. Currently, concepts such as green manufacturing, carbon neutrality, sustainable development, and ESG have become the consensus of most industrial and manufacturing enterprises. Forbes China conducted a comprehensive evaluation based on five dimensions: management system, technological innovation, comprehensive benefits, resource allocation, and demonstration and promotion. The pioneer models for sustainable development industrial enterprises of the year were ultimately selected.

The selected enterprises in this selection are all industrial enterprises with a history of at least 10 years, annual revenue of over 100 billion yuan, and R&D investment growth of about 50% year-on-year.

Forbes China stated that in addition to having stable and mature management systems, some companies have already had certain competitive advantages globally, and their technologies have reached a leading global level. Forbes China specifically pointed out that in this selection, SANY Heavy Industry had an outstanding performance in improving its independent innovation capabilities and breaking through key core technologies.

Taking SANY Heavy Industry's Changsha Plant 18 as an example, in response to the cyclical fluctuations of the heavy industry market, and challenges in producing multiple varieties in small batches and heavy components, SANY Heavy Industry fully utilized flexible automation production, artificial intelligence, and large-scale industrial Internet of Things to establish a digital and flexible heavy equipment manufacturing system. Ultimately, this led to a 123% increase in factory production capacity, a 98% increase in productivity, and a 29% reduction in unit manufacturing costs.

At the same time, with excellent performance in areas such as the circular economy and green production, green product innovation, low-carbon production, green and safe supply chains, employee growth, and charitable donations, SANY Heavy Industry's ESG case was also successfully selected as a Forbes China 2023 ESG inspiring case, providing a useful reference for more companies to explore sustainable development.