On January 31, CHINT Group held the 2023 Chinese New Year Conference. The event was held in Hangzhou as the main venue, and branch venues were set up in more than 20 regions, including Wenzhou and Shanghai. A total of more than 3,000 management team members, professionals, and global partners participated in the “online + offline” meeting.
In the past year, in the face of the turbulent international environment, the impact of repeated epidemics, and complex competition, more than 40,000 CHINT employees worldwide have worked together to face challenges, seeking breakthroughs in reform and development in innovation, achieving annual sales of B18.4 USD, a year-on-year increase of 16%.
At the same time, the Group has made breakthroughs in emerging industries such as graphene, hydrogen energy, and integrated circuits, and continues to cultivate new momentum for digital low-carbon, high-quality development.
In the green energy sector, CHINT Power System became the first residential solar company with more than 800,000 household users, and its market share continued to increase; CHINT Astronomy took the lead in entering the new track of N-type high-efficiency batteries; the development of power plants at home and abroad increased significantly year-on-year; CHINT Smartpower has grown rapidly in dimension capacity in the past four years; CHINT CPS has completed a high-energy-ratio energy storage solution.
In the smart electrical sector, low-voltage electrical appliances are advancing steadily in the severe industry situation and fierce market competition, and have been awarded the “six-star” enterprise for consecutive years; power transmission and distribution, cables, etc. have adapted to changes, and actively expanded the business scope of new power systems such as high-voltage, energy-saving, and environmental protection, achieved double-digit growth in both revenue and net profit;
CHINT Global focused on key global strategic customers, accelerated the global production capacity layout, built a global open innovation team and agile organization, and achieved new breakthroughs in performance; the official flagship store achieved “Tmall” Double 11″ nine consecutive championships.
In the smart low-carbon segment, CHINT Energy Efficiency innovated business models such as energy trusteeship, BOT, and EPC+, and landed a number of landmark projects; CHINT Chitic made new breakthroughs in the expansion of the mid-to-high-end market and cooperated to create a number of influential data Intellectual projects, won the title of national-level specialized “little giant” enterprise.
In the new year, each SBU drew a strategic map on the new journey:
CHINT Aneng will focus on the strategic positioning of total cost leadership, seek development around the five major aspects of efficiency, cost and ROI, service and empowerment, risk control, and innovation, and continue to expand its leading market share advantage; CHINT Power will further expand the company’s influence in China, seize new opportunities in Europe, America, and emerging solar storage markets, and increase global market share through the integration of “online and offline” multi-channels and innovative promotion models;
CHINT Astronergy will focus on high-quality market share capabilities and first-class brand influence, product competitiveness, all-round customer support services, etc., grasp the key window period of the industry, ride on the trend, and climb the peak forever.
CHINT Low Voltage and Noark will seek changes while maintaining stability, upgrade user awareness, build multi-track sustainable growth capabilities, and become a leader in global intelligent solutions for electric power;
CHINT Global will build a platform with regional differentiation and diversified business pipelines to achieve global business growth; CHINT Metering will provide customized measurement system solutions through continuous technological innovation, promote the extension of traditional energy measurement to new fields such as carbon measurement, and achieve new breakthroughs in new tracks; CHINT Network Technology, a comprehensive smart home solution based on various application scenarios on the client side, will be built to create a pan-home smart ecological platform.
CHINT power transmission and distribution will be driven by digital transformation, cultivate new competitiveness in the whole chain, and firmly promote safe and high-quality development; “Strategy to promote marketing growth and upgrades; CHINT Integrated Power Distribution will use market traction, technology drive, full-chain integration, and sharpening internal strengths to accelerate the smart environmental protection product business, and upgrade “components + cabinets + integration “ability.
Go forward with determination, even if you are far away, you will reach it. In the new year, CHINT Group will fully support the development of each BU, seize the opportunity of the trend, and promote various reforms and innovations in an all-around way. We are committed to contributing to a greener world and writing a new chapter of high-quality development in the new era!
