June 12, 2023, Chengdu, China, On May 26, Chongqing Sifang New Material Company held a ceremony for the delivery and operation of 100 electric concrete mixer trucks from Sany Heavy Industry.

Currently, the Chinese government is actively promoting the strategy for new energy vehicles. As a listed company, Sifang New Material is willing to respond to the national call and make greater efforts to promote the electrification of logistics transportation, taking up its responsibility for environmental protection. The delivery and demonstration are just a starting point, and Sifang New Material will continue to collaborate with Sany Heavy Industry in the journey towards intelligence and electrification, achieving mutual benefits and win-win outcomes.

Furthermore, the electric charging and swapping station established by Sany Heavy Industry in Chongqing during this delivery is the first concrete pilot project of Sany Lithium Energy in the city. After its operation, this station is expected to reduce carbon dioxide emissions by 340,000 tons annually and save nearly 50% of operating costs per vehicle. Each station can serve 80 to 120 vehicles, and the battery swapping process takes only 1.9 minutes, greatly improving transportation efficiency.

Sany Heavy Industry actively responds to the national call for "carbon peak and carbon neutrality." In the future, Sany's electrification will cover all categories and scenarios of engineering vehicles and machinery, accelerating the electrification process of China's engineering vehicle and machinery industry. It will continue to contribute to the achievement of low-carbon transportation and the implementation of the dual carbon goals in various regions.