The purpose of Sany Heavy Industry to establish a new energy automobile company

Expand the scale of enterprises, promote industrial upgrading and cope with market competition. 1, expand the scale of the enterprise. Sany Heavy Industry can further expand its enterprise scale, open up new market areas and improve its comprehensive competitiveness by establishing a new energy automobile company.

2. Promote industrial upgrading. The new energy automobile industry is the development direction of the future automobile industry. The establishment of new energy automobile company by Sany Heavy Industry will help promote the upgrading and specialization of China automobile industry, and promote the development and perfection of new energy automobile industry chain.

3. Respond to market competition. With the increasingly fierce competition in the new energy vehicle market, the establishment of new energy vehicle company by Sany Heavy Industry can enhance its position in the market and enhance its brand influence and market share.