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SEOUL, South Korea, Nov. 29, 2023 /PRNewswire/ -- SGO, a Korean oil-less bearing manufacturer, is expanding its business to the Indonesian and Southeast Asian markets by participating in MANUFACTURING INDONESIA 2023, an international manufacturing machinery, equipment, materials, and services exhibition held at Jakarta International Expo Kemayoran, Jakarta, Indonesia from December 6 to 9, 2023. MANUFACTURING INDONESIA is Indonesia's largest international machinery exhibition that provides a professional business platform for the manufacturing industry in Indonesia and Southeast Asia. SGO, a Korean company specializing in oil-less bearing, participated in MANUFACTURING INDONESIA 2022 and exported textiles, tile machinery, ships, construction machinery, etc. The exhibition ended successfully with interest and visits from customers in various industries. By replacing the roller bearings used in PALM OIL MILL's transportation machine wheels with oil-less bearings, SGO has achieved shortened maintenance periods and reduced costs. The brand SGO has been promoted not only in Indonesia but also in neighboring countries such as Malaysia and Papua New Guinea. SGO, which has been knocking on the door of the Southeast Asian market since 2018, once again confirmed Indonesia's marketability through last year's exhibition and decided to re-participate in MANUFACTURING INDONESIA 2023. At MANUFACTURING INDONESIA 2023, SGO, a Korean oil-less bearing manufacturer, plans to introduce and export Self-Lubricating Multilayer Composite Bearings in addition to its current main export product, brass oil-less bearings. Self-Lubricating Multilayer Composite Bearings layer materials such as PTEE, polymer, and bronze onto steel-backing for use in printing machines, weaving machines, and construction equipment. SGIO plans to expand the range of bearing choices by introducing Dry Bearings, Pre-Lubricating Bearings, Bi-metal Bearings, and Bronze Wrapped Bearings to industry customers at the event. Founded in 2000, SGO mainly manufactures oil-less bearings and with one-stop process facilities ranging from purchasing raw materials to casting, extruding materials, and bearing processing, SGO is a technology-competitive company with 16 patents at home and abroad, providing value to customers in various industries in more than 30 countries around the world, including major exporters and technology powerhouses such as the US, Japan, and Germany. The upcoming events that SGO will participate in are as follows: 1. Indonesia Manufacturing Indonesia 2023 (https://www.manufacturingindonesia.com/) - Period: 2023.12.6-2023.12.9- Venue: Jakarta International Expo, Jakarta, Indonesia 2. India 1) PLASTIVISION 2023 (https://www.plastivision.org) - Period: 2023.12.7-2023.12.11- Venue: Bombay Exhibition Centre, Mumbai, India 2) EXCON 2023 (https://www.excon.in) - Period: 2023.12.12-2023.12.16- Venue: BIEC, Bengaluru, India CONTACT: Email: info@sgoilless.co.kr Tel.+82-32-813-3401
Back in Hong Kong after four years, Asia's leading beauty and cosmetics show announces remarkable numbers, counting over 2,400 exhibitors and 65,582 visitors from 119 countries and regions HONG KONG, Nov. 27, 2023 /PRNewswire/ -- Cosmoprof Asia and Cosmopack Asia proved a dynamic success yet again in the 26th edition, exceeding expectations and maintaining the exhibition's distinctive position as the ultimate meeting point for beauty professionals, industry insiders and innovative brands in Asia-Pacific. Cosmoprof Asia 2023 Sets High Attendance Records upon its Hong Kong Return More than 2,400 exhibitors from 44 countries and regions, 90% coming from outside Hong Kong, filled the 118,900sqm of show floor space this year. The show attracted 65,582 visitors from 119 countries and regions. This marked a remarkable 64% increase compared to the previous edition held in Hong Kong in 2019, and brought the visitor numbers close to the levels achieved in 2018, demonstrating the enduring appeal and global reach of the show. Significant increase were recorded from key Asian markets, including China, Indonesia, India, Malaysia, Philippines, Singapore, Thailand and Vietnam. Additionally, attendance from Europe remained steady, demonstrating the event's consistent appeal to international audiences. The exhibition was appreciated by all stakeholders, who could find new launches and avant-garde solutions across the two main venues hosting the leading global suppliers and brands. Cosmopack Asia gathered global players from the supply chain, with the most renowned companies specialized in ingredients, machinery & equipment, packaging, contract manufacturing and private label. Cosmoprof Asia showcased the most innovative branded finished products for retail and professional distribution channels. Enriching the international appeal of the exhibition, this edition's 17 region and group pavilions included Australia, Mainland China, France, Germany, Hong Kong, Italy, Japan, Korea, Latvia, Poland, Singapore, Spain, Switzerland, Taiwan, Thailand, Türkiye and the USA. "We are honored to announce record-breaking numbers at Cosmoprof Asia 2023 in Hong Kong," says Enrico Zannini, General Manager of BolognaFiere Cosmoprof and Director of Cosmoprof Asia Ltd. "This exhibition confirms its role as the perfect stage for brand companies, suppliers, retailers, importers, and distributors interested in new business opportunities in Asia. Together with our partners of Informa Markets we will work to create further business opportunities for companies and players of the Cosmoprof community in the region". "We are delighted with the impressive turnout at Cosmoprof Asia and Cosmopack Asia this year, and thrilled to see so many old friends and new attendees make the 26th edition their priority. The two events were home to showstopping products, innovative services and cutting-edge technologies, while attendees also enjoyed expert sessions outlining the region's future-forward trends, tips and trajectories. Hong Kong proved, once again, to be able to host a truly worldwide Cosmoprof edition and remaining the region's most effective meeting place. We look forward to showcasing the best-of-the-best of the industry here next year. " said David Bondi, Senior Vice President – Asia of Informa Markets and Director of Cosmoprof Asia Ltd. GREAT SATISFACTION FROM INTERNATIONAL BUYERSThanks to the esteemed buyers program, Cosmoprof Asia 2023 welcomed over 400 senior executives from 45 countries and regions including Australia, Mainland China & Hong Kong, Europe, India, Japan, Philippines, South Korea, UK and USA, out of which 200 were selected as Elite buyers representing C-level executives. Highly effective meetings were arranged throughout the four-day show, connecting suppliers and companies with shared interests through the AI-driven Match&Meet platform. Positive feedbacks have been received from our esteemed buyers, who have expressed their satisfaction with their immersive experience at the event. "I am deeply appreciative of the organiser for extending the invitation to participate in this year's buyer program. The exhibition showcased a diverse range of brands, and I was particularly impressed by the presence of niche perfumes and personal care brands. It was a refreshing experience, unlike anything I have encountered at other shows, and it truly excited me," said Ms Chen Lihong, Procurement Director of Beijing Kailan Brand Management Co Ltd from China. "Cosmoprof Asia this year provided us with an exceptional opportunity to connect with these brands and pave the way for future collaborations." "Our trip was truly exceptional. The highlight of our experience was undoubtedly the invaluable relationships we formed with international suppliers and beauty brands. These relationships will serve as a catalyst for the exciting launch of our own brands in Sub-Saharan Africa, propelling us towards success in the beauty industry," said Mr Galib Virani, CEO and President of Supercosmetics Kenya. "We are deeply grateful for the opportunities and insights gained at Cosmoprof Asia, and we look forward to the exciting journey ahead. Hitesh Sarda, Director of Bio-Sols India Pvt. Ltd. from India shared, "the show offers a one-stop solution for beauty, where you can find everything under one roof. It's a highly international and worldwide show, with exhibitors from all corners of the globe. I was particularly impressed by the focus on eco-friendly and sustainable packaging, such as products made from sugarcane." SPECIAL HIGHLIGHTSCosmoprof Asia and Cosmopack Asia provided ample opportunities to discover the latest trends, thanks to engaging initiatives and empowering educational sessions. Cosmopack Asia Awards and Cosmoprof Asia Awards, organised in partnership with international trend agency BEAUTYSTREAMS, celebrated the most outstanding beauty products and industrial solutions presented by exhibiting companies in each exhibition venue. More than 220 exhibitors and professionals attended the awards ceremony on 15 November. To discover all winners, visit the dedicated website https://www.cosmoprofawards-asia.com/en To have a comprehensive overview of the principal trends of Cosmoprof Asia 2023, trend scouters, press, influencers, operators and buyers can refer to CosmoTrends. The report presents the products influencing consumers' habits in the next months, curated by BEAUTYSTREAMS, and provides a strategic roadmap tracing the evolution of the Asia-Pacific market. Download the 2023 CosmoTrend report here: https://www.cosmoprof-asia.com/cosmotrends/ The latest product trends, market updates and regulations were the main points of CosmoTalks, the exclusive round tables of the Cosmoprof network. Global leaders from the cosmetics industry shared their comments and visions on macro-movements and trends forecasts, while CosmoForum presentations provided in-depth market analyses and case studies of specific consumers' behaviour. Over 1,800 attendees attended 23 sessions organised in collaboration with AsiaCosme Lab, Asia Pacific Spa & Wellness Coalition (APSWC), BeautyMatter, BEAUTYSTREAMS, centdegrés, CosmeticDesign-Asia, Cosmopolitan Middle East, The Cosmetic, Toiletry and Fragrance Association of Singapore (CTFAS), Ecovia Intelligence, Euromonitor International, Hong Kong Society of Cosmetic Chemists (HKSCC), The International Federation of Aromatherapists (IFA), InvestHK, Kline, NielsenIQ Bases, Opal, QTCCC, Reach24H, re/sources, and SGS. Dynamic platform Cosmo Onstage presented live shows and demo sessions by industry influencers throughout the event, featuring cutting-edge products and state-of-art equipment, nail art, makeup, hair styling and spa & wellness treatments. AHMA Hair Council, Asia Pacific Spa & Wellness Coalition (APSWC), Cosmopolitan Middle East, Hong Kong Professional Nailist Union, Makari, Shanghai May Skin Information Technology and SYL joined the initiative. Reflecting one of the show's main themes, sustainability, the COSMOLAB experiential installation at Cosmopack Asia drew crowds with its "bubble-cabin" booth outlining how clean and green beauty trends actually impact consumer behaviour, while Cosmoprof Asia's charitable sample store Boutique raised over HKD24,000 for the show's chosen charity Green Power, the local charity dedicated to protecting the environment. COSMOPROF ASIA WILL BE BACK IN 2024Save the dates of Cosmoprof Asia 2024 as below:Cosmopack Asia: 12-14 November 2024 (AsiaWorld-Expo)Cosmoprof Asia: 13-15 November 2024 (Hong Kong Convention & Exhibition Centre) For any further information please visit www.cosmoprof-asia.com NOTES TO EDITORS:Download the high-resolution images at this link:https://bit.ly/46zjMrf FOLLOW US:Facebook | Instagram | LinkedIn | Twitter | WeChat | Weibo ABOUT THE ORGANISERS: Cosmoprof Asia is organised by Cosmoprof Asia Ltd, a joint-venture company between BolognaFiere Group and Informa Markets Asia Ltd. ABOUT BOLOGNAFIERE GROUP (www.bolognafiere.it) BolognaFiere Group is the world's leading trade show organiser in cosmetics, fashion, architecture, building, art and culture. The Group has more than 80 international exhibitions within its portfolio, notably Cosmoprof Worldwide Bologna, the most important meeting point in the world for beauty professionals, established in 1967 and held in Bologna, Italy. The Cosmoprof platform extends worldwide, with events in Bologna, Hong Kong, Las Vegas and Mumbai (with Cosmoprof Worldwide Bologna, Cosmoprof North America, Cosmoprof India, and Cosmoprof Asia). The fifth destination of the network, Cosmoprof CBE ASEAN, in Thailand, focuses on the cosmetic industry in South-East Asia. The Cosmoprof platform is reinforcing its influence in the US, with the launch of Cosmoprof North America – Miami in January 2024, and in the Gulf region, with a new event scheduled on November 2024 in Riyadh. ABOUT INFORMA MARKETS (www.informamarkets.com) Informa Markets Beauty has an extensive network powered by B2B events across 11 cities in Asia (Bangkok, Chengdu, Ho Chi Minh City, Hong Kong, Jakarta, Kuala Lumpur, Manila, Mumbai, Shanghai, Shenzhen, Tokyo), the world's fastest growing markets. By further expanding its strength, the Beauty Portfolio now includes a new B2B event in Miami 2024 will serve the Americas, North, South America and Caribbean Islands Region. Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Pharmaceuticals, Food, Medical Technology and Infrastructure. As the world's leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.
XUZHOU, China, Nov. 27, 2023 /PRNewswire/ -- XCMG Machinery's (SHE:000425, "XCMG") electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 Metric tons of carbon emissions for the oil exploitation project. XCMG’s Electric Oilfield Maintenance Equipment Cuts 25.812 Metric Tons of Carbon Emissions in Oil Production, Promoting Scope III Emission Reduction in the Energy Industry. "As a link in the energy industry chain, XCMG has set up a series of programs and plans, including the 'Carbon Reduction Action for Supply Chain Alliances' to push for reaching the goals of carbon peaking and carbon neutrality. Our Program of Action for Peak Carbon and Carbon Neutrality was released in February 2022 with eight major measures of its exploration and practice to advance the reduction of Scope I, II, and III emissions. By 2035, the product penetration of new energy products will thrive to exceed 35 percent, and the carbon footprint of key products, including excavators and cranes, will be reduced by 32 percent compared to 2020," said Lu Chuan, president of XCMG. The oilfields in northern China carry out tens of thousands of maintenance operations every year. In 2023, batches of XCMG's electric workover rigs have been deployed to the major oilfields. XCMG's hybrid power workover rig can utilize chassis power operation in oil wells without electricity, providing continuous energy supply with onboard charging and operating while charging. Compared with conventional fuel vehicles, the dual-power product saves more energy, boasts higher efficiency, lowers maintenance costs, and saves more than 2 million CNY throughout the full life cycle. It also greatly reduces safety risks while improving operation efficiency and reducing labor intensity. The equipment is also equipped with XCMG's self-developed vehicle control system. In addition, XCMG's excavators that meet North American EPA Tier 4F emission standards are also delivering efficient performances in oilfield operations. In 2022, two units of the XE360U excavators equipped with a high-pressure common-rail EFI T4F engine and an intelligent electronic control system completed tasks successfully at a petroleum production base in Texas, US, saving 10 percent of fuel compared to other excavators working on site. It's favored by the customer for operational flexibility and easy maintenance, and XCMG's overseas service engineers are also stationed on-site to provide timely and efficient technical support to ensure uninterrupted operation of the equipment.
Partnership between B2B Foreign Trade Financial Technology Platform, XTransfer, and TransferMate, the world's foremost non-bank licensing payments infrastructure will expand available market for approximately 400,000 merchants HONG KONG, Nov. 27, 2023 /PRNewswire/ -- XTransfer, China's No.1 B2B foreign trade financial technology platform, and TransferMate, the world's leading B2B global payments infrastructure-as-a-service provider, jointly announced a strategic partnership agreement at the Singapore Fintech Festival. XTransfer is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payments & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. TransferMate, a subsidiary of CluneTech, has built the world's most comprehensive and advanced payments network, allowing businesses and individuals to make cross-border payments as easily as if making a domestic funds transfer, supporting trade in more than 200+ countries and across 140+ currencies. Foreign trade SMEs constantly encounter various challenges when it comes to cross-border payments and fund collections. These hurdles include difficulties in opening accounts with traditional banks, high risk of funds freezing, high exchange losses, long remittance time and high remittance costs. XTransfer's "local account" service, on the other hand, offers compliant, highly efficient, convenient and cost-effective solutions for global trade payments and fund collections, specifically tailored to meet the needs of foreign trade SMEs. By using the "local account", XTransfer's clients can collect funds from the same countries in the local currency of their buyers, before transferring funds back into their own local currency, enabling them to lower their exchange losses and speed up the trade transaction. By integrating Transfermate's global payments infrastructure into its platform, XTransfer enriches its clients with another choice of payments & fund collections to local accounts. This capability will initially cover the U.S.A., Mexico, Malaysia, Canada, Singapore, and New Zealand on behalf of up to 400,000 merchants, with room for expansion. The agreement will benefit importers/exporters for machinery, apparel, electronics, household durables and other goods. This ability to collect locally and transfer funds home efficiently is another benefit of TransferMate's globally regulated infrastructure. The partnership enables TransferMate to scale its business and reach a larger client base, particularly in China where XTransfer has the largest number of clients in the field. While the partnership gives XTransfer clients additional capabilities and benefits, the user experience will remain the same. All activity will happen within the existing XTransfer web portal, meaning no disruption to users or need for retraining. Violas Xiao, local CEO of Singapore, XTransfer, said: "The strategic partnership with TransferMate represents a pivotal milestone for us, signifying our commitment to empowering SMEs with the tools they need to expand globally. The partnership also represents a significant step for XTransfer towards globalisation. Together with TransferMate, we are poised to make a lasting impact, revolutionising the way businesses navigate foreign trade. This partnership means growth, innovation, and a strengthened position in the global marketplace for XTransfer and our valued clients." Vijay Rao, Head of APAC, TransferMate, said: "Partnering with the largest B2B payment company in China is a significant moment for TransferMate, and we also believe will be of great benefit to XTransfer and their merchant users. This integration will help them grow their businesses, make trading internationally easier, and create efficiencies in their financial processes. Partnerships should always be about creating win-win situations and, in this situation, everybody wins." Jennifer Carroll MacNeill TD, Minister of State (Financial Services, Credit Unions, and Insurance) of Ireland (3rd) and Terry Clune, Founder and Chairman of TransferMate (2nd), witnessed the signing of the strategic agreement between XTransfer, represented by Violas Xiao, the local CEO of Singapore, and Vijay Rao, Head of APAC of TransferMate. About XTransfer XTransfer, No.1 B2B Foreign Trade Financial Technology Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in China's major foreign trade cities such as Hong Kong, Shenzhen and the United Kingdom, the United States, Canada, Japan, Australia, and Singapore. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 400,000 enterprise clients, XTransfer has become the industry No.1 in China. By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises around the world, allowing small and medium enterprises to enjoy the same level of cross-border financial services as large multinational corporations. XTransfer completed its Series D financing in September 2021, and the company's current valuation exceeds USD$1.3 billion, making it a unicorn. The lead investor is China Merchants Venture, and other global leading strategic investors include eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, Telstra Ventures, MindWorks, Lavender Hill Capital Partners, and D1 Capital Partners LP. For more information: https://www.xtransfer.cn/ About TransferMate TransferMate – a subsidiary of CluneTech — is the world's leading provider of B2B payments infrastructure-as-a-service, enabling companies to send and receive cross-border payments faster, easier and at lower cost. TransferMate, under the leadership of founder Terry Clune and CEO Sinead Fitzmaurice, has built one of the largest portfolios of payments licenses worldwide, including 51 US states and territories, to support trading in more than 201 countries and 141 currencies. Leading banks, fintechs and software providers partner with TransferMate to offer an enhanced user experience for their business customers. The company has created bespoke integrations for banks like ING and AIB, who are also investors in the company. The TransferMate API solution allows partners to digitalize the payments flow within their software, enabling all businesses to achieve significant time and financial savings.
Work Together to Create Value for Customers DUBAI, UAE, Nov. 27, 2023 /PRNewswire/ -- On November 25, local time, Shandong Heavy Industry Group's global Partner Conference and New Product Exhibition was held in the Jebel Ali Free Zone in Dubai, UAE. 570 dealers and major customers from more than 70 countries in the Middle East, Europe, Africa, South Asia and other regions participated. Dubai has unique geographical advantages. It is the first choice for Shandong Heavy Industry Group to gather strength and deepen the development for Middle East and Africa market, and is also the second stop for Shandong Heavy Industry Global Partner Conference. The Conference aims to work with partners to explore new paths for international cooperation, create a new platform for regional win-win cooperation, and open up new space for future development. Shandong Heavy Industry Group, headquartered in Jinan, China, is a global industrial equipment group with annual revenue of 72 billion US dollars. It owns Weichai Power, Sinotruk, Shacman, Lovol Intelligent Agriculture, Shantui Construction Machinery, Zhongtong Bus, Ferretti, KION, Linde Hydraulics, Dematic, PSI, Baudouin and other well-known brands, and has 14 stocks from 12 listed companies. The main business covers powertrain systems, commercial vehicles, agricultural equipment, construction machinery, intelligent logistics and marine mobility. It has set up science and technology innovation centers in more than 10 countries in the world to provide products and service solutions for more than 150 countries and regions. Heavy-duty engines, heavy-duty transmissions, heavy-duty trucks, industrial forklifts, luxury yachts and other products lead the world in technology and sales. In recent years, Shandong Heavy Industry Group has continued to increase its investment in the Middle East market, and invested in Dubai to establish its Middle East Operation Center integrating product display, warehousing and logistics, after-sale service, gen-set testing, and training support. At present, Shandong Heavy Industry is planning to build regional operation centers in Africa, Central Asia, Southeast Asia, South America and other places, link up with the world's leading dealer partners, and strive to build a unified service platform for the whole Group, and synchronize the layout of local manufacturing and financial support to build a complete global market service support system. During the event, the New Product Exhibition of Shandong Heavy Industry Group was held at the same time, and more than 10 ownership enterprises of Shandong Heavy Industry Group brought their popular products and the latest technologies. The event focused on promoting the popular products in the field of high-end heavy-duty trucks, buses, gen-sets, new energy power and other fields within the Group, as well as the collaborative research and development technology with unique international competitive advantages. The companies can customize a full range of integrated product portfolio solutions for global customers in multiple scenarios and individual needs to create maximum value for customers. There is an Arabic proverb, "Words are the leaf, and actions are the fruit." Shandong Heavy Industry Group will join hands with global partners and move forward side by side, take root in local operations, develop markets, expand brand effect, and jointly create a new model of international win-win. More beautiful fruits would be born around the world through practical cooperation, and we will join hands to sail to a better future!
CHANGSHA, China, Nov. 23, 2023 /PRNewswire/ -- SANY Group, ("SANY"), a globally leading enterprise of the high-end equipment manufacturing industry, is accentuating advancing sustainable development and the green manufacturing transformation of the heavy machinery industry, ahead of the COP28 UAE, that is set to take place from November 30 to December 12 in Dubai. The theme of the 13-day program this year is "Actionism," calling for people to rise to meet the climate change challenges. The COP28 will center on four major paradigm shifts – namely accelerating the transition from fossil fuels, agreeing on climate finance shifts, emphasizing the role of people and nature in climate action, and ensuring the summit is an inclusive event that women, indigenous people, local communities, youth, countries and more can all be a part of. SANY is responding actively and positively to the summit's agenda with concrete actions to promote the transformation of green manufacturing, bringing sustainable solutions to the industries of mining, construction, wind power, and more. Taking green actions to build a sustainable future SANY is vigorously expanding the use of green energy (renewables such as solar and wind) in production processes to reduce the reliance on traditional energy sources, lower carbon emissions, and support climate change actions. It has adopted multiple initiatives, especially in accelerating the R&D and application of wind energy, hydrogen, and electrification solutions, and achieved significant results. SANY's subsidiary SANY Renewable Energy has been investing in and constructing wind farms to boost the proportion of wind power in the energy structure, through intelligent upgrades in manufacturing and creating intelligent workshops. By doing this, SANY Renewable Energy has reduced the overall unit energy consumption and carbon emissions by 15 percent compared to pre-upgrade. In 2022, SANY has added more than 3,000 energy metering connections. SANY built China's first intelligent mixing station park and invested 3.22 million yuan in photovoltaic construction that will produce 900,000 kWh of power annually. The park will cut 887 tons of carbon emission, 242 tons of dust emissions, 26.7 tons of sulfide, and 13.4 tons of nitric oxide to achieve synergetic development of intelligent manufacturing and environmental conservation. A total of 11 subsidiaries of SANY have installed photovoltaic power generation equipment, with clean energy usage amounting to 16.013 million kWh. SANY is actively engaged in the R&D of hydrogen fuel cell technology to improve battery efficiency, reduce cost, and boost the production and storage capabilities, while expanding the applications of hydrogen energy. Innovation-driven climate action tackles industry bottlenecks Through establishing a green supply chain, SANY adopts renewable materials and environmentally friendly technologies to reduce resource waste and improve the sustainability of the supply chain. SANY continues to improve the long-term mechanism for pollution prevention and control, strengthen the control of waste emissions including water, gas, and other hazardous substances, and be cautious of business and operation actions that could damage the ecological environment. In 2022, the group's wastewater and gas emissions met the standard rate of 100 percent, with a 100 percent compliance rate for hazardous waste disposal. The group is also pushing for using environment-friendly materials to minimize pollution, so that the carbon reduction throughout the product life cycle also includes materials. In 2022, its VOCs emission density was 0.0011 tons per million revenue, a 39.71 percent reduction from the base year. Meanwhile, the continuous upgrade of production techniques and processes, promotion of energy conservation technologies, and advancement of low-carbon technology development are not only playing key roles in improving production efficiency, but also reducing carbon footprint and aims to reach the "dual-carbon" goals. Calling for the public's participation SANY has been carrying out training programs and campaigns centered on environmental protection for employees, while further raising community engagement in terms of green, low-carbon, community-friendly, and educational innovation agendas. In 2022, the company employees completed 687.4 hours of volunteer work, and SANY invested 9.75 million yuan in the year to support 15 public welfare projects. SANY Construction Industry is leading the green technology application in urban infrastructure construction to accelerate the sustainable development of cities and building intelligent cities, green transportation systems, and energy-conserving architectures to reduce energy consumption, improving urban environment quality and people's livelihoods. In terms of biodiversity and sustainable development, SANY emphasizes the conservation of soil, ocean, crops, and animals to create a better future, and advocates a circular economy to decrease the waste of resources. In the context of increasingly severe issues of global climate change, SANY, as a leader in the green industry, is committed to promoting sustainable development and actively joining global efforts to address climate change through comprehensive initiatives such as green supply chains, green energy, and carbon emission reduction. For more information about SANY Group, please visit www.sanyglobal.com or follow us on Facebook or YouTube.
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