Xiang Wenbo: BRICS is a historical opportunity that Sany cannot afford to miss!

The First BRICS Innovation Base Entrepreneurs' Forum Held in Xiamen. On November 17, the First BRICS Innovation Base Entrepreneurs' Forum was held in Xiamen, China. As part of the 2023 BRICS New Industrial Revolution Partnership Series, the forum aims to build a platform for regular exchanges and cooperation between BRICS enterprises, and further promote technology exchanges and project cooperation.

The forum was hosted by the BRICS Innovation Base Industry Innovation Alliance, and co-organized by the International Economic and Technical Cooperation Center of the Ministry of Industry and Information Technology, China General Technology (Group) Holding Limited, the Office of the Leading Group for the Construction of the BRICS Innovation Base in Xiamen, and the People's Government of Huli District, Xiamen.

Sany Group Party Secretary, Rotating Chairman, and Sany Heavy Industry Chairman Xiang Wenbo was invited to attend the forum and delivered a keynote speech as the vice chairman of the BRICS Innovation Base Industry Innovation Alliance.

Xiang Wenbo said that this year marks the fifth anniversary of the proposal of the "BRICS New Industrial Revolution Partnership" by President Xi Jinping. Through high-quality partnerships, BRICS cooperation injects more certainty, stability, and positive energy into the world.

As a leading global engineering machinery manufacturer, Sany Group has actively implemented and participated in this major historical process of BRICS cooperation. BRICS countries, as representatives of emerging market countries and developing countries, are experiencing strong economic growth and rapid infrastructure development, which is a historical opportunity that Sany cannot afford to miss.

He introduced that in order to seize the opportunities of the new era and the new technology revolution, Sany is implementing a globalized, low-carbonized, and digitalized transformation strategy. Among them, globalization is the top priority, urgent and important. The group needs to transform from the past export of products to the integration of global resources to support globalized business. BRICS countries have become important engines of the global economy. Sany will strengthen cooperation with BRICS countries to jointly promote local infrastructure construction and high-quality economic development. In BRICS countries, Sany has participated in the construction of many major infrastructure projects, including the Red Sea project and King Salman Park in Saudi Arabia.

Among them, the BRICS New Industrial Revolution Partnership focuses on pragmatic cooperation, especially in the field of green development. Sany regards low-carbonization as an important strategy for the group's development. On the one hand, it has achieved the electrification of products, establishing parallel electric vehicle departments in all business departments, and focusing on the development and promotion of electric vehicle products. On the other hand, it has comprehensively laid out the new energy industry, entering the wind, solar, hydrogen, energy storage, and new energy battery industries, and taking new energy as the main direction for drawing up the second growth curve of Sany's business.

In 2022, Sany (including Pumi) sold 14,500 units of equipment in BRICS countries such as Brazil, India, and South Africa, with sales of over 13 billion yuan.

In the first three quarters of this year, Sany sold another 14,500 units in BRICS countries, with sales of over 14 billion yuan, exceeding last year's full year, accounting for about 40% of the group's overall overseas sales for the period.

The cooperation between BRICS countries has broad prospects and promising future development. Sany will seize this historical opportunity and, through the BRICS Innovation Base Industry Innovation Alliance, share resources, share wisdom, and share opportunities, and contribute to the realization of the cooperation vision of the "second golden decade" of BRICS countries.

Reference:https://www.cehome.com/news/20231118/299682.shtml