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Jan 15 2025

2024 Sanhua Annual Review

1984-2024

40 Years of Progress

It is the relentless forward march of history,

the grand and magnificent waves.

2024

Blooming Globally, Digitally Driven, Focusing on Green Innovation, Shouldering Responsibility

Vision is Broader than the World

In 2024, Sanhua,

with keen insight and steady development pace,

has established a global layout and solid manufacturing.

1. Sanhua Global R&D Center completed. A milestone in Sanhua's steadfast innovation.

2. Sanhua Mexico celebrates its 10th anniversary. Deepening the North American market and partnering globally.

3.Sanhua Vietnam Phase II plant officially opened.

4. Sanhua Intelligent Control Future Industry Center started construction. Increasing investment in high-certainty, high-growth future product R&D.

Digital Intelligence Drives New Efficiency

In 2024, Sanhua took the lead in embracing change,

and laid a good foundation for intelligent manufacturing.

1. Construction of the DevOps automation platform. Enhance software development management capabilities from the source.

2. The North American WMS system officially launched. Sanhua's self-developed system went abroad for the first time, promoting the digitalization of overseas warehouse management.

3. M365 Copilot fully empowered. Enhancing operational efficiency and collaboration capabilities at all levels.

4. The production and manufacturing system PES2.0 officially entered the customer-facing project implementation stage, marking an important milestone in Sanhua's factory management progress.

5. The smart park project entered the implementation stage, focusing on creating safe production, smart living, and smart commuting scenarios.

6. The material digitalization system went online, significantly improving the transparency and traceability of material information.

Carbon Exploration Beyond

In 2024,

Sanhua has drawn an ecological and sustainable product design,

reducing emissions by 100 million tons in the product use phase,

using 30 million kWh of photovoltaic power,

with an annual renewable energy usage ratio of 15%,

and adding over 1,000 new invention patents.

1.Research on R290 heat pump technology for electric vehicles

2. actively expanding clean refrigerant technologies such as CO2 refrigerant and R134a refrigerant.

With a global perspective, one can achieve far-reaching goals.

In 2024,

Sanhua with Responsibility

Interpreting responsibility with actions.

1. Sanhua's first ESG report.

2. representative Zhang Yabo

3. participated in the AHRI 2024 policy seminar

4. Donated 20 million yuan to Xinchang Middle School to support the development of education.

5. Elected as a member of the Refrigeration Alliance Steering Committee led by the United Nations Environment Programme.

6. Sponsored and supported the Xi'an Shi Scholarship Fund for five consecutive years.

In the face of great hardships and challenges

From a Tiny Seed to a Flourishing Flower

In 2024,

the "Flower of Talent " bloomed more brilliantly.

1. The second "Voyage Elite" class.

2. Procurement Elite Class.

3. Financial Potential Talent Development Project.

4. Digital Project Manager Training Camp.

5. The second "Sailing Elite Class".

6. Process Designer Certification Project.

2024 Awards and Honors

Top 500 Chinese Enterprises (Ranked 419)
Top 500 Chinese Machinery Industry (Ranked 21)
National Manufacturing Single Champion Enterprise
Top 500 High-tech Innovation Capability Enterprises in Zhejiang Province (6 companies)
Top 100 Leading Private Enterprises in Social Responsibility in Zhejiang Province
Top 100 Global Auto Parts Suppliers
AWE Core Award
Most Influential Enterprise in the Automotive Thermal Management Industry
China Refrigeration Exhibition Innovation Product Award (3 items)

···

Every market challenge becomes an opportunity for innovation;

every change in demand stimulates the passion for exploration.

2024 end

“Creating Customer Value” is the Origin of All Sanhua's Business Management Activities

"Integrity and Innovation" is the foundation upon which Sanhua creates value for its customers.

"Strive with accountability, Embracing Diverse Sharing" is the energy source of Sanhua's organizational vitality.

Rooting is the steadfast adherence to dreams

Growing is the transcending of the self

"Progress every day, a small step forward every month, a big step forward every year"

Sanhua's path of growth is never-ending

Transcend traditional thinking, led by focusing on creative innovation