The Caijing Annual Conference 2025: The Forecast and Strategy and the 2024 Global Wealth Management Forum will be held in Peking from December 13 to December 15. Tang Xiuguo, rotating Director and President of SANY Group, delivered a speech. In his speech, Tang Xiuguo explained that the concept of rotation is to learn from Huawei, and actually, their generation is basically going through a process of gradually stepping back from the historical stage. He is very pleased to see the young talents at SANY growing. He introduced that SANY is a very simple company, founded in 1986 and entered the construction machinery field in Changsha in 1993. Today, we are proposing three transformations: globalization, digitization, and low-carbonization. Last year, despite a relatively difficult environment in the industry, SANY still achieved sales of 134.5 billion and over 10 billion in profits. The entire company has ample self-owned funds. (Insight)