Recently, the European Commission released the 2024 EU Industrial R&D Investment Scorecard. Sany Heavy Industry, Sany International, and Sany Heavy Energy all made the list, ranking 313rd, 863, and 1508th globally, respectively.
The EU Industrial R&D Investment Scorecard, compiled under the supervision of the European Commission, has been conducting statistical evaluations of R&D investment by industrial enterprises in EU member states, China, the United States, Japan, and other countries and regions since 2004. It measures the development of global innovation-driven industries through R&D investment.
The report analyzed the top 2000 companies with the highest global R&D investment in the 2023 fiscal year, with a total investment of 1257 billion euros, accounting for over 85% of the total global R&D investment.
There are 579 Chinese companies on the list, ranking second in terms of the number of companies on the list. Sany Heavy Industry, Sany International, and Sany Heavy Energy are all on the list, ranking 313rd, 863, and 1508th globally, respectively, and 63rd, 207th, and 396th among Chinese enterprises. Among them, Sany Heavy Industry ranks first in China's construction machinery industry.
Research and development innovation is the primary driving force for the development of Sany's business. Under the guidance of the "globalization, digitization, and low-carbon" three transformation strategy, Sany maintains a high level of R&D investment, continuously improves R&D efficiency, strengthens core competitiveness, vigorously promotes the construction of new quality productivity, and injects surging momentum into the high-quality development of the enterprise.