Source: China Economic Net

Recently, Sany Heavy Industries disclosed its 2023 annual report, during which the company achieved a revenue of 14.939 billion yuan, a year-on-year increase of 21.21%; The net profit attributable to shareholders of the listed company was 2.007 billion yuan, a year-on-year increase of 21.78%.

In terms of wind turbine shipments, during the reporting period, Sany Heavy Energy added 14.1 gigawatts of new orders, setting a new historical high and achieving explosive growth; In 2023, the company's external sales capacity will be 7.24 gigawatts; As of the end of 2023, the company has 15.89 gigawatts of orders on hand.

Sany Heavy Industries stated that a good performance report comes from the company's firm commitment to promoting the "globalization, digitization, and low-carbon" strategy, and driving high-quality development.

Continuously maintaining a high level of R&D investment, with significant achievements in R&D innovation. In 2023, the company will invest 872 million yuan in research and development, accounting for 5.83% of its operating revenue; Obtained 25 new invention patents and 129 utility model patents, with a total of 204 invention patents and 584 utility model patents. In the field of wind turbines, the research and development focus of onshore wind turbines has been expanded to 15 megawatts, forming a full range of offshore wind turbine products from 8.5 megawatts to 16 megawatts. In the field of core components, the diameter of wind turbine impellers has been expanded to 230 meters, and wind turbines have been expanded to 15.5 megawatts onshore, leading the megawatt development of the wind power industry.

Promote overseas market layout and achieve new breakthroughs in overseas markets. In 2023, the company achieved a new breakthrough in overseas performance, with a revenue of 310 million yuan, realizing the export of wind power equipment to Central and South Asia. The gross profit margin of overseas sales was 22.07%, which was 5.25 percentage points higher than that of domestic sales. The company has attracted outstanding talents from the global wind power industry and has established an overseas marketing team of over 200 people, covering the major global wind power markets. In 2023, the company signed a cooperation agreement for large-scale wind power projects in Central Asia, laying the foundation for rapid expansion of overseas business in the future.

Adhere to "rolling development" and continuously grow the new energy power plant business. Adopting a comprehensive strategy of "rolling development" for the operation of power stations, that is, continuously investing in and constructing new power station assets, selecting opportunities to sell mature power station projects, overall controlling the scale of existing assets, promoting the optimization and integration of company resources, and improving capital turnover efficiency. In 2023, the company transferred a total of 7 wind power projects to external parties, with a total project capacity of 609.9 megawatts, achieving good economic and social benefits.

Strengthening marketing capabilities and wind farm operations has achieved significant results in improving quality and reducing costs. Promote the large-scale and lightweight development of wind turbine products through research and development innovation, establish a wind power supply chain alliance, promote cost reduction through multi departmental collaboration and full participation, and create affordable green energy with cost advantages per kilowatt hour. By 2023, through comprehensive cost reduction, trend based cost reduction, and efficient sourcing, we aim to achieve a procurement cost reduction of over 10%. The company has established a strict cost reduction and control management system, set up cost reduction incentive policies, and implemented refined cost management. During the reporting period, the company's gross profit margin was 17.03%, and its profitability maintained an industry-leading level. (Economic Daily reporter Wang Yichen)