Step into "double 100 billion"! CHINT bravely explores a new blue ocean of digital intelligence and carbon neutrality

Create Date: 2024-8-30 12:03:23|Source: CHINT/CHINT

From a small family workshop with an output value of less than 10,000 yuan 38 years ago, it has now entered the era of "double 100 billion" in revenue and market value; From the small town of Wenzhou in the southern corner of Zhejiang to serving more than 140 countries and regions around the world, the power of "positive youth" has burst out in a steady stream; From digital intelligence to carbon neutrality, from market, R&D, intelligent manufacturing to science and technology incubation, from green energy, smart electricity to smart low-carbon city industry, the sailboat of "Towards the Future" sets sail!

"The group's revenue exceeded 100 billion yuan! CHINT has entered the era of 'double 100 billion'! "This is the most exciting news at the annual summary meeting of CHINT Group. After the market value of CHINT Electric, a listed company under the group, exceeded 100 billion, CHINT Group ushered in a historic moment with revenue exceeding 100 billion!

On January 12, the 2021 Annual Work Summary and Innovation Commendation Conference of CHINT Group was held, Nan Cunhui, Chairman of CHINT Group, made a keynote speech, Zhu Xinmin, President of CHINT Group, presided over the meeting and read out the establishment document of the "Group Digital Transformation Leading Group", Wu Bingchi, Secretary of the Party Committee of the Group, read out the 2nd CHINT Innovation Gold Case, Golden Idea, and Golden Pioneer Selection and Commendation Documents, and the heads of the company and related industries made annual work reports, opening up nearly 40,000 CHINT people around the world and hundreds of thousands of ecosystem partners to move forward together. Double 100 billion", bravely open up a new journey of digital intelligence and double carbon new blue ocean!

The event was held in Hangzhou as the main venue, and branch venues were set up in dozens of regions at home and abroad, such as Wenzhou, Shanghai and Italy. The group company and the management team members, managers, professionals, and global sales channel partners of various industrial companies participated in the "online + offline" method.

Review 2021: Based on the industry, innovation and progress

Time engraves the annual rings of progress, leaving a clear and heavy imprint. The past year has not only been the "first year" of the Group's 14th Five-Year Plan, but also a "critical year" to open a new situation in the changing situation and accumulate new momentum for high-quality development. CHINT people have made a series of major achievements and breakthroughs based on their own industry, innovation and progress.

At the meeting, Zhang Zhihuan, director and executive president of Chint Electric and president of Chint Electric Thailand, Chen Guoliang, president of Chint Electric, and Lu Chuan, chairman and president of Chint New Energy, analyzed opportunities and challenges, planned future development, and summarized and looked forward to business sectors such as intelligent power distribution, intelligent power transmission and green energy.

Intelligent power distribution sector

In 2021, CHINT Electric will focus on the strategic layout, be customer-centric, maintain clarity and determination in the midst of uncertainty, face the competition, go all out, make steady and far-reaching progress, iterative innovation, fully open the "14th Five-Year Plan", continue to make efforts to "ballast stone", achieve double breakthroughs in existing business and new business, maintain the leader of the general market, become a professional market leader in the industry, build a leader in emerging markets, and achieve contrarian growth in the international market; We will focus on the main track, anchor new technologies, seize new opportunities, adhere to technology-driven leverage, promote the transformation of basic management capabilities with best practices, fuel business development with outstanding talents, and promote the comprehensive development of the industry in the context of carbon peaking and digital intelligence, and win the hard-won fruits of victory.



2022 policy and objectives: deepen reform, full-chain collaboration, precise innovation, multi-source growth, long-term incentives, and open a new model of leapfrog development in the post-epidemic era!

Intelligent power transmission sector

In 2021, the year of reform of CHINT Electric, the company takes innovation as the sail and struggle as the oar, breaks the waves and moves forward, and injects majestic power into the steady and far-reaching development of the industry through the full implementation of the "three major kinetic energy and nine tasks". Investment and mergers and acquisitions have achieved expectations, core breakthroughs have been achieved in domestic and foreign markets, new product research and development has been accelerated and upgraded, operation and management innovation has been changed, and human capital management has been sharpened. The layout of the northern region of the intelligent distribution electrical industry has been completed, the core market of the power grid has shown good prospects for sustainable development, and a number of innovative solutions have been put on the market.



2022 business policy: customer-centric, guided by "market demand, strategic objectives, and key issues", with efficiency improvement as the main line, continuous management innovation and change, cultivating endogenous new kinetic energy, deepening profitable sales, digital transformation and technology upgrading, reconstructing the supply chain ecology, enhancing core capabilities, building an efficient and capable team, and promoting high-quality development.

Green Energy Sector

In the face of the complex global trade situation and fierce competitive environment, at the critical moment of the convergence of the "dual carbon goal" and the digital transformation strategy, in 2021, CHINT New Energy led the change with independent innovation and led the industry with technical strength. The company's revenue and profit, module sales in the domestic market, and operation and maintenance business development volume achieved new growth, and the market share of residential PV continued to rank first. At the same time, overseas photovoltaic power stations have made breakthroughs in many points, and the development of domestic power stations has reached a record high, creating a Wenzhou source-load-storage integration project, investing in the construction of Gansu's "one hospital, one park, one fund" demonstration project, and actively participating in domestic and foreign green power market-oriented transactions.



2022 planning direction: maintain the leading position of household photovoltaics, drive high-quality butler power operation and maintenance services with science and technology, take crystalline silicon manufacturing to a higher level, strengthen strategic cooperation with the government and central state-owned enterprises, and build a new energy "green source, intelligent network, load reduction, new storage" delivery capacity - 1+4+X collaborative layout.

Innovation Commendation: Cultural Genes Lead Development

Innovation is the cultural gene of CHINT in the past 38 years, and it has played a vital leading role in all stages of the company's development. Since the launch of the second CHINT Innovation Gold Case, Golden Idea and Golden Pioneer selection activity of "Innovation I Shine", it has been actively participated by all units. After the re-evaluation of the evaluation team and the final evaluation of the leading group of the four major business lines of marketing innovation, technological innovation, management innovation and entrepreneurship innovation, the top ten "golden cases", "golden ideas" and "golden pioneers" of the second CHINT Innovation were finally selected.

"Grandt Household Photovoltaic Brand and Operation Management Model" and "Italy Blue Ocean Plan" won the "Golden Case" Gold Award, 10 projects such as Wang Zheng of Chint Electric Power Transformer Manufacturing Department and "Air Compressor Energy-saving Frequency Conversion Transformation" were selected as "Top Ten Golden Ideas", and 10 people including Zhu Jun of Terminal Electrical Manufacturing Department of Chint Electric were awarded "Top Ten Golden Pioneers". Lu Kai, President of Chint Aneng, Chen Sunjing, representative of Jin Case, and Zhu Jun, representative of Jin Xianxian, made typical speeches respectively.

In the context of the "dual carbon" goal and the comprehensive promotion of "rural revitalization", in 2021, the installed capacity of Chint Aneng household photovoltaic exceeded 500,000, with a market share of more than 20%, and completed the first domestic household photovoltaic power station transaction in the first time it opened. Lu Kai shared how CHINT Aneng can build three strategic control points of excellent operation capabilities, channel capabilities and innovation capabilities, analyzed strategic opportunities such as dual-brand strategy, scale effect, and county-wide promotion, and introduced how to innovate comprehensive operation and maintenance, photovoltaic mall, smart charging pile and other businesses as the second growth curve, and put forward the new year's policy and goals of focusing on operation, strengthening channels, creating brands, and seeking innovation.

Chen Sunjing, who is far away on the other side of the world, introduced the origin of the first blue ocean plan of Chint Group through video connection and foreign colleagues from the Italy subsidiary. "The Blue Ocean Plan is injected with the change of thinking and consciousness, the innovation of the management mechanism, and the confidence and support of the team. As a witness, she said emotionally that it is precisely because of the blue ocean plan and this series of energy injections that the sales of Chint Italy subsidiaries have increased by leaps and bounds, the market share of low-voltage electrical appliances has increased from 1.5% to 4.5%, the local sales of new energy supporting combiner boxes have achieved corner overtaking, and Chint has also become the only Asian brand in the Italy market with the highest electrical standards in Europe. And this is just the beginning, in 2022, Thailand is planning to implement the Blue Ocean Plan 2.0 in 7 countries on three continents, copy the Italy model to Indonesia, Korea, Greece and other countries, in the post-epidemic era, to build a community of destiny and achieve sustainable development.

As a technician, Zhu Jun from the terminal manufacturing department of Chint Electric shared his mental journey of "knowing that there are tigers in the mountains and preferring to go to the tigers" when he encountered R&D bottlenecks, as well as the struggle stories of constantly overcoming difficulties, catching up with industry benchmarks, and reaching international standards. "Zhengtai, is youthful; Innovation knows no bounds. Zhu Jun said, "I have experienced the 'Kunlun mode' of starry nights, and I have also experienced the morning light of Songjiang at four or five o'clock in the morning. It's a lot of good memories when I think about it now......"

Looking forward to 2022: seize the opportunity to expand the blue ocean together

At the meeting, Nan Cunhui, on behalf of the company's senior management, expressed his sincere gratitude to the Chinese and foreign employees and partners who are fighting on the front line, expressed heartfelt congratulations to all the commended units and individuals, and made a keynote speech on the topic of "Bravely Exploring the New Blue Ocean of Digital Intelligence and Carbon Neutrality".

2021 is a year of change-led and fruitful results. This year, CHINT entered the era of "double 100 billion"; This year, CHINT successfully held the Oujiang Summit and released the "Digital Intelligence and Carbon Neutrality" solution; In this year, Asia's largest tidal flat fishery-photovoltaic complementary power generation project, Chint New Energy's Wenzhou Taihan Fishery-PV Complementary Project, was successfully connected to the grid; This year, CHINT's household photovoltaic market share ranked first in China; This year, relying on the industrial Internet platform, intelligent manufacturing software system and intelligent equipment manufacturing capabilities, CHINT was selected as the national "2021 Intelligent Manufacturing Pilot Demonstration Factory"; This year, CHINT became the only Chinese brand to receive 6 stars in the evaluation of the "White Paper on China's Low-voltage Electrical Appliance Market"; This year, Thailand's international localization strategy continued to break through new areas; This year, CHINT Electrician has been the champion of the electrical hardware industry on Tmall Double 11 for 8 consecutive years; This year, as an important action of CHINT to fulfill its social responsibility, CHINT joined the United Nations Compact and ranked first in the 2021 China Top 100 Private Corporate Social Responsibility List......

Looking at the general trend, in 2022, the changes of a century and the epidemic of the century will be intertwined and evolved, the world economy will recover slowly, and China's economy is expected to usher in a new round of policy dividends; The private economy will accelerate towards a new era of high-quality development and become the main engine of common prosperity; Green development will further become a global consensus, the implementation of the dual carbon goal will be accelerated, the construction of a new power system will bring a broad blue ocean, and "clean energy supply substitution" and "energy consumption electrification substitution" will become the core starting point for the implementation of the dual carbon goal.

Embarking on a new journey, CHINT will adhere to the "strategically oriented, market-driven, and goal-oriented", seize new opportunities for digital intelligence and green development, implement the business policy of "high-tech, asset-light, platform-based, and service-oriented", deepen the strategy of "one cloud and two networks", build digital CHINT, build platform capabilities, and strive to be an explorer, advocate, and practitioner in the blue ocean of urban and rural intelligent construction and international green and low-carbon development.

Based on market demand, we will pay close attention to resource synergy, strengthen the green energy industry, optimize the intelligent electrical industry, expand the smart and low-carbon city industry, continue to deepen the international market, cultivate the science and technology incubation industry, and make every effort to build a new competitive advantage in the "3+1+N" industrial sector of CHINT; Through the construction and empowerment of digital marketing platforms, we can share value with domestic and foreign dealer partners and build a community of marketing destiny. Carry out the top-level design of digital transformation, create a CHINT system, and a standard, promote the improvement of business and manufacturing capabilities and the construction of a smart management system with digital transformation; Actively play the role of platforms and resources, and establish a scientific and technological research and development system oriented to market demand and problem pain points; Follow the requirements of "empowering and helping small enterprises, improving quality and becoming bigger, and collecting more and more strength", build a community with a shared future in the supply chain, and promote the construction of an integrated supply chain; Firmly adhere to the "six lines" of 1+2+3, earnestly grasp the main line of input-output efficiency and per capita benefit, strictly adhere to the bottom line of cash flow and debt ratio, and guard the three "lifelines" of compliance, safety and quality; Cultivate and build agile and efficient teams, create an environment for common prosperity and development, adhere to the "striver-oriented", deepen the reform of the salary and performance management system, make good use of the senior partner system, and establish a salary, performance reward and equity incentive mechanism that is competitive in the market and meets the needs of development.

Nan Cunhui said that in the face of the new era, new opportunities and the new stage of "double 100 billion", CHINT people should take advantage of the situation and seize the opportunity, never forget the humility when starting a business, maintain the mentality of being prepared for danger in times of peace, returning the empty cup to zero, and setting off in full gear, and strive to achieve new breakthroughs in integrity and innovation, stir up a new atmosphere in green development, and show new responsibilities in promoting common prosperity with high-quality development.

During the meeting, Zhu Xinmin read out the founding document of the "Group Digital Transformation Leading Group", and put forward specific work requirements for the policy, objectives and key tasks in 2022 from the aspects of market expansion, digital CHINT construction, innovation and R&D, supply chain construction, financial security, and organizational capacity building. He hopes that all employees will have a high sense of responsibility, mission and urgency, not only the top, not only the book, but only the truth, and will implement, implement and implement the specific work.
Step into "double 100 billion"! CHINT bravely explores a new blue ocean of digital intelligence and carbon neutrality
CHINT on a new journey and a new starting point,

Ride the momentum, take advantage of the momentum,

Work together to walk towards the sea of stars!

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