Sanhua Intelligent Controls Co., Ltd. released the Annual and  ESG Report for 2023

Sanhua Intelligent Controls Co., Ltd. released the Annual and ESG Report for 2023

According to the annual report of Sanhua Intelligent Controls (SIC), regarding the refrigeration and air-conditioning electrical components sector, the revenue in 2023 of Sanhua Holding Group is 14.64 BN. It is +5.86% more than in 2022. The gross profit margin was also higher at 28.20%.

The gross profit margin was also higher at 28.20%. Total assets represent 318.91 million RMB. Over 13.3 million shares have been repurchased, for a total of approximately 305.94 million shares by March 2024. 

At the same time as having a business objective, the company is taking action to contribute to sustainable development in line with the United Nations Sustainable Development Goals (SDGs). 

Constantly research and green development 

According to ESG, as of the end of the past year, 3,792 intellectual property rights obtained, including 1,879 invention patents were recorded.  

For Sanhua, the top priority is sustainable development management, like involving intelligent low-carbon economies. As an important part of our sustainable development strategy, we are building a resource-efficient and environmentally friendly company. SHG puts emphasis on the environmental impact of the full life cycle of products; it means monitoring the environmental impact of products and measuring and assessing the impacts of products, from design and sustainable development to cycle carbon footprint tracking and other traceability information.  

The company can be proud that it has 16 of our subsidiaries that are certified with the International Standard for Environmental Management Systems (ISO 14001), and 4th green factories.  

What about saving energy? 

The total installed capacity of photovoltaic power stations was 49.40 MWp. Electricity generation from new energy facilities (photovoltaic systems) in 2023 consisted of 33,727.60 MWh. Regarding water management, Sanhua Household has two wastewater treatment stations in Meizhu Park, with a total of about 3,110 metric tons of wastewater treated per day.  

Worthy of reward 

Not to mention the fact that we were honoured in following awards, among others: 2023 China Energy Conservation Association Energy Conservation and Emission Reduction Enterprise Contribution Award for Excellent Parts and Components Brand in Heat Pump Industry granted by Heat Pump Committee of China Energy Conservation Association.  

The Company achievements realize that we continue to develop and keep raising the bar to itself, and to give the best solutions while simultaneously protecting the environment. It is the basis of the SHG mission to adhere to the vision of "Develop smart low-carbon economy, create eco-friendly environment for mankind". 

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