Sany Heavy Industry Make the 2024 EU R&D Investment Scoreboard List

Recently, the European Commission released the "2024 EU Industrial R&D Investment Scoreboard". Sany Heavy Industry, Sany International, and Sany Renewables all made it to the list, ranking 313th, 863rd, and 1, 508th globally respectively.

The "EU Industrial R&D Investment Scoreboard" is compiled by the European Commission. Since 2004, it has been conducting statistical assessments of R&D investment in industrial enterprises in EU member states and other countries and regions such as China, the United States, and Japan, using R&D investment to measure the development of global innovation - driven industries.

The report analyzed the 2000 companies with the highest global R&D investment in the 2023 fiscal year. The total investment amounted to 125.7 billion euros, accounting for over 85% of the total global corporate R&D investment.

579 Chinese companies made it to the list, ranking second in terms of the number of entries. Sany Heavy Industry, Sany International, and Sany Renewables all made it to the list, ranking 313th, 863rd, and 1, 508th globally respectively, and 63rd, 207th, and 396th among Chinese companies. Among them, Sany Heavy Industry ranked first in China's construction machinery sector.

R&D innovation is the primary driving force behind Sany's development. Under the guidance of the "globalization, digitalization, and low - carbonization" strategy, Sany maintains a high level of R&D investment, continuously improves R&D efficiency, strengthens its core competitiveness, vigorously promotes the construction of new - quality productivity, and injects strong momentum into the high - quality development of the enterprise.