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SHANGHAI, Aug. 14, 2024 /PRNewswire/ -- A year ago, the United Nations (UN) released its 2023 Financing for Sustainable Development Report: Financing Sustainable Transformations, highlighting the pivotal role of green industrial transformation in meeting climate and sustainability objectives. Since then, SANY Heavy Industry, a leader in the construction machinery sector, has relentlessly charted new technological frontiers amidst the global drive towards sustainability and intelligence, unveiling an array of groundbreaking products. The company's robust technological base and market presence have enabled these innovations to capture the spotlight in the global construction machinery market this year, acting as a major catalyst for the industry's green transition and technological advancement. Embarking on a trajectory of global expansion, digital intelligence, and low-carbon strategies, SANY is spearheading the construction machinery sector towards heightened sustainability. Here's a showcase of SANY's annual flagship products: SY870E and SY1650E Large Excavator Series The SY870E boasts a 6,000V high-voltage electric drive system coupled with a 370kW electric motor, offering more than 30% savings in operational expenses compared to traditional diesel-powered models. The SY1650E is celebrated for its pioneering electrification and digital technologies. The excavator has achieved breakthroughs in 18 core technologies, bridging the gap in 6kV high-voltage technology for large excavators and greatly reducing total operating costs. Its pre-launch success, marked by multiple orders, reflects the potential and industry recognition within the mining sector. 710S Truck-Mounted Concrete Pump The next-generation truck-mounted pump features the industry's longest boom, paired with minimal footprint requirements and a flexible boom design, including a 360-degree full-laying capability. Its superior construction delivers a green, energy-efficient, stable, and reliable solution to customers, promoting technological progress across the industry. STC2400C8-8 Truck Crane Recognized as the world's largest 240-ton truck crane, the model is renowned for its ultra-long main boom and unparalleled performance, securing a significant market share of 57.9% in 2023. It delivers the capabilities of a 300-ton crane and features a versatile 25-ton counterweight with a 1-meter repositioning ability, revolutionizing operational efficiency and safety standards. SCC22000A Crawler Crane Leveraging the latest advances in construction technology and several industry-first innovations, the model stands as the largest-tonnage crawler crane ever exported from China, uniquely suited for construction in the harshest, coldest environments. The SCC22000A seamlessly integrates two cranes into a single super-crane with a capacity surpassing 4,000 tons, achieving a remarkable "1+1>2" performance enhancement. SANY has further solidified its global leadership with the launch of several pioneering products, with a focus on hydrogen-powered mixer trucks and integrated asphalt plants. The hydrogen-powered mixer truck, the first in China with an independently developed fuel cell system, highlights SANY's forward-thinking R&D capabilities in renewable energy. SANY's innovative product portfolio has propelled the company to remarkable market heights, including a 13-year reign as China's excavation machinery sales leader, recognition as the world's top concrete machinery brand, and a staggering over 50% growth in international lifting machinery markets. Additionally, the company has made groundbreaking strides in the global road and pile driving machinery sector. The accomplishments underscore SANY's pivotal role in fostering the sustainable development of the construction machinery industry worldwide.
XUZHOU, China, July 12, 2024 /PRNewswire – XCMG Machinery (SHE: 000425, "XCMG") has secured the 63rd position in the "China's 500 Most Valuable Brands 2024" by World Brand Lab, with a brand value of CNY 127.136 billion (USD $17.474 billion). This achievement marks its eleventh consecutive year at the top of the construction machinery sector, reflecting its sustained leadership and innovative strategies. XCMG Machinery Ranks 63rd in China’s Most Valuable Brands 2024, Leads Construction Equipment Industry for 11th Year The ranking by World Brand Lab is based on comprehensive analysis, including consumer research, competitive analysis, and forecasts of future corporate revenue. Adjusted annual business revenue, brand added-value index, and brand strength coefficient are key metrics used in this evaluation. Celebrating its 21st year of reporting in 2024, the entry threshold has risen from CNY 500 million to CNY 38.26 billion since inception. Dr. Steve Woolgar, Chairman of the Academic Committee of World Brand Lab and Emeritus Professor of Marketing at University of Oxford, said, "Over the past 20 years, I have witnessed the remarkable rise of Chinese brands, some of which have already had a strong global influence." XCMG Machinery exemplifies this trend with operations extending to over 190 countries and regions along the Belt and Road initiative routes. The company boasts more than six million followers on social media, showcasing a dynamic branding style frequently featured at major international events. The World Brand Lab assesses brand loyalty through the use of iTrust Rating's evaluation data. It gauges brand leadership, notably in ESG (Environmental, Social, and Governance) aspects, by referencing the ESG database of SuperFinance. Furthermore, it leverages carbon emission evaluations by Carboncare International to push for the implementation of a "carbon emission score" label on brands. In terms of sustainability measures taken by XCMG Machinery as part of their commitment to environmental stewardship: In 2022, the Company launched an PoA for peak carbon and carbon neutrality, outlining and detailing planning, implementation and actual safeguard measures of sustainable transformation paths. In 2023 alone, new energy usage accounted for approximately 19.64%. Charging stations provided about 804906.89 kWh to external users. Reductions included wastewater by approximately 86,207.25 tons and waste gas emissions by around 16,599,903 cubic meters. Compliance with hazardous waste treatment reached 100%. To further promote sustainable business practices globally, XCMG released its Environmental Social Governance Report for 2023. Where more detailed information can be learned at https://www.xcmgglobal.com/.
SYDNEY, June 25, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 01157.HK), a leading manufacturer of advanced equipment, recently attended the ISO/TC 96 (International Standardization Organization, Technical Committee of Cranes) serial meetings held in Sydney, Australia, from April 10-19, 2024, where several international standards led by Zoomlion made important progress. Over 40 crane experts, scholars, and corporate representatives from 12 countries were in attendance. Dr. Fu Ling, vice president & CTO, Mr. Yu Lihu, assistant general manager of Zoomlion Tower Crane, along with three other attendees represented Zoomlion at the meetings. Dr. Fu Ling reported to the ISO/TC 96 Plenary on the secretariat's work and reviewed the progress of the working groups and nine subcommittees under ISO/TC 96. Among the projects led by Zoomlion, ISO 12480-1 Cranes Safe Use Part 1: General has progressed to FDIS (Final Draft International Standard) stage. This standard details crane safety principles to ensure safe operations. This standard covers five main aspects: safe system of work, personnel responsibilities, crane activities (planning, crane selection, installation, disassembly), remote control, and maintenance and inspection requirements. It also provides safety guidance for other crane applications. The project ISO 4302 Wind Load Assessment has been formally accepted and will incorporate a figure of storm wind speeds in China. Zoomlion will also lead the development of a derivative technical report that studies the impact of the interference factor caused by surrounding buildings. Dr. Fu Ling, vice president & CTO of Zoomlion, commented: "Zoomlion's active role in ISO/TC 96 meetings showcases our technical expertise and contribution to global construction machinery safety standards. The progress achieved highlights our commitment to international cooperation and opens new opportunities for industry safety and efficiency. Zoomlion will continue to engage in international standardization efforts to advance the global construction machinery industry." About Zoomlion Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services.
QINGDAO, CHINA - Media OutReach Newswire - 31 May 2024 - On May 22,2024, the three-day-long 64th (2024 Spring) China National Pharmaceutical Machinery Exposition and 2024 (Spring) China International Pharmaceutical Machinery Exposition (hereinafter referred to as "Pharmaceutical Machinery Exposition") was successfully concluded in Qingdao Cosmopolitan Exposition. 1,553 exhibitors and more than 60,000 professional visitors gathered in the exposition, where global pharmaceutical equipment industry elites share the innovative achievements and seek common development plans! China National Pharmaceutical Machinery Exposition was first held in the 1990s, holds twice a year. Since 2004, it has been listed as one of the key exhibitions supported by the Ministry of Commerce of the People's Republic of China. In 2008, the Ministry of Commerce approved the organization of China International Pharmaceutical Machinery Exposition concurrently. These expositions cover all kinds of production, processing, packaging, testing and related auxiliary equipment, which are required by production enterprises of chemical drugs, traditional Chinese medicine, biopharmaceuticals, veterinary drugs, pesticides, health products, daily chemicals and food. Through years of development, these expositions have become professional and international flagship events which integrate trade and discussion in the pharmaceutical equipment industry. During the Pharmaceutical Machinery Exposition, tens of thousands of colleagues in the pharmaceutical industry gathered together. The launch of new products of many overseas brands highlights the belief of international enterprises to take root in the Chinese market, stimulate the local innovation potential, and serve the development of the industry. International well-known enterprises from Germany, Italy, the United States, Japan, Switzerland, Sweden, Britain, South Korea and other 23 countries and regions appeared in the expo, and professional visitors from 55 countries and regions visited the exhibition for exchange and negotiation, highlighting the international influence of the exposition. The Pharmaceutical Machinery Exposition organization committee held four theme forums and activities, invited well-known experts and scholars at home and abroad and enterprise professionals to deliver keynote speeches, attracted more than 1,200 professionals to participate and exchange. For more information, please visit http://en.cipm-expo.com/ Hashtag: #ChinaInternationalPharmaceuticalMachineryExpositionThe issuer is solely responsible for the content of this announcement.
SAO PAULO, May 24, 2024 /PRNewswire/ -- In a significant move to strengthen its foothold in the Latin American market, XCMG Machinery ("XCMG", SHE:000425) has ramped up its operations, marking the 50th anniversary of the establishment of diplomatic relations between China and Brazil. The company's integrated design excavators and loaders, known for their efficiency and cost-effectiveness in construction projects, have been a game-changer in housing construction across South America. At Agrishow 2024, Brazil's largest agricultural technology trade fair and one of the world’s biggest, XCMG debuted over ten models of machinery, including loaders, excavators, graders, rollers, and the new energy products, among others. XCMG's backhoe loader revolutionizes the building process by combining excavation and loading capabilities, streamlining operations from digging foundations to material handling. This innovation not only boosts construction efficiency, but also significantly reduces project costs by eliminating the need for multiple pieces of equipment. The robust performance of XCMG excavators and loaders is particularly notable in challenging environments, such as municipal road constructions that often require navigating through rainforests and mountainous terrains. Equipped with high-performance engines and transmission systems, these machines deliver powerful torque for heavy-duty mining tasks, while their dual-pump hydraulic systems optimize flow based on operational needs to save energy and reduce costs. This April saw XCMG showcasing its latest customized construction equipment at several industry events across Latin America. At Agrishow, Brazil's largest agricultural technology trade fair and one of the world's biggest, XCMG debuted over ten models of machinery, including loaders, excavators, graders, rollers, and the new energy products, among others. New products like the GR1905BR grader, XE55DA mini excavator, and XC7-SR08 skid steer loader received widespread acclaim from customers. At M&T Expo 2024 in April, over twenty high-quality signature models were displayed including loaders, excavators, mining trucks, broad-body vehicles, rollers, graders, milling machines, aerial work platforms, and forklifts. New energy solutions were a highlight, leading the charge towards green construction with innovative technology offering zero emissions alongside economic benefits. XCMG's business in Latin America has seen remarkable progress over recent years, with an increasing service capability throughout Central America as well. Starting in Q2 this year, the company delivered over 100 aerial work platforms to Central American countries, featuring models like the XGA16K, known for their compact design, effective navigation to avoid obstacles, and ease of operation, catering to diverse industry needs. Customized products and solutions have endeared XCMG to clients across Central America. In collaboration with partners in Central America, XCMG has actively advanced the development of facilities such as Mexican factories, sales networks, spare parts centers, and training bases.
XUZHOU, China, May 20, 2024 /PRNewswire/ -- In a significant stride towards sustainable development, XCMG Machinery (SHE:000425, "XCMG") releases its inaugural Environmental, Social, and Governance (ESG) report. This landmark document highlights the company's achievements in electrification and intelligent manufacturing within its strategic value chain. By reinforcing its green competitive edge, XCMG is spearheading the industry's transition towards sustainability. XCMG Machinery Unveils Groundbreaking ESG Report, Marking a Milestone in Sustainable Business Development. Keep Strengthening the Green Competitive Edge, Promoting the Green Transition of Industries In 2023, XCMG achieved a nearly 15% reduction in carbon emission intensity compared to 2020 while cutting energy costs by approximately RMB 30 million. The company reported total greenhouse gas emissions of 391,285.29 tons for the year—a decrease of 33,269.01 tons or 7.84% from the previous year—with new energy usage accounting for 19.64% of its total energy consumption. Continuously Explore the Forefront of Intelligent Equipment and Production in the Construction Machinery Industry In a significant stride towards the forefront of intelligent equipment and production within the construction machinery industry, XCMG has been named among the 2023 Intelligent Manufacturing Demonstration Factories by China's Ministry of Industry and Information Technology. This accolade underscores XCMG's commitment to exploring an intelligent manufacturing model that spans product design, manufacturing, supply chain collaboration, marketing, and after-sales service. In 2023 alone, XCMG invested 501.87 million CNY in R&D, securing 1,672 new patents and setting 40 new standards while accumulating a total of 1,229 software copyrights. Investing in People for Sustainable Business Growth Recognizing talent as its primary resource, XCMG Machinery invested over 26 million CNY in global staff training during 2023, conducting more than 10,067 training sessions for nearly 400,000 participants across various domains, including technology management, marketing, and manufacturing. The company also conducted 964 safety hazard inspections, completed 12,320 corrective actions, and enhanced its safety operation and production management systems alongside occupational disease prevention training. Beyond internal support efforts, XCMG continues to shoulder responsibilities for improving social conditions. Since 2016, it has tackled extreme weather challenges due to prolonged droughts in Ethiopia by constructing family water cellars. Utilizing rooftop and groundwater collection technologies, provide filtered rainwater for drinking and agricultural use during dry seasons. By the end of 2023, 161 family water cellars and 20 school purification systems have been completed, significantly alleviating local water scarcity issues during dry periods. Please visit https://www.xcmgglobal.com/upload/file/2024/05/14/b158bff9b82a42379a788c881df76e62.pdf to read the report.
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