Energy conservation and emission reduction in the industrial sector is an important part of helping China to achieve carbon peaks and carbon neutrality. As a listed company specializing in energy conservation and environmental protection business under China Building Materials Group, Sinoma Energy Conservation (603126) has long been committed to energy conservation and environmental protection technology innovation and industrial application, and has industry-leading advantages in waste heat and pressure utilization, green building materials and other fields.

Recently, Meng Qinglin, Secretary of the Party Committee and Chairman of Sinoma Energy Conservation Co., Ltd., said in an exclusive interview with Xinhua Finance reporter that the continuous growth of Sinoma Energy Conservation is due to the increase in market demand for energy conservation, environmental protection and green building materials industry under the background of high-quality development in the country. The next step will continue to increase investment in key areas such as "zero outsourcing" factories and calcium silicate board industrialization, leading the transformation and upgrading of the industry, and helping to achieve the country's "double carbon" double carbon "double carbon.

Focus on "Double Carbon" Goal Three Competitions

A few days ago, the 2021 annual report released by Sinoma Energy Conservation showed that the company's revenue and profit both achieved double-digit growth. Among them, the operating income was 2.941 billion yuan, up 13.24 percent year-on-year; the profit was 0.209 billion yuan, up 10.61 percent year-on-year.

"Under the downward pressure on the economy and the adverse impact of the spread of the global epidemic, it is not easy for Sinoma Energy Conservation to deliver such a 'report card." Meng Qinglin said that the achievement of performance, on the one hand, benefits from the industrial transformation needs and market trends of green and low-carbon development under the background of high-quality development, on the other hand, it comes from the company's long-term adherence to the transformation of scientific and technological innovation.

Meng Qinglin said that in order to cope with the unfavorable conditions of the general rise in raw materials and the increase in operating costs, Sinoma Energy Conservation focuses on refined management, optimizing the organizational structure and talent structure, and strengthening debt risk prevention. The company's operating capabilities and labor productivity have been significantly improved, while seizing Market opportunities for industry transformation and upgrading.

In recent years, China has unswervingly followed the path of ecological priority, green and low-carbon development. Energy conservation, emission reduction and green development have become the inevitable direction of transformation and upgrading of various industries. Building materials industry as a traditional carbon emissions, the transition is urgent. According to the "China Building Materials Industry Carbon Emission Report (2020)" data, preliminary calculations show that China's building materials industry will emit 1.48 billion tons of carbon dioxide in 2020, an increase of 2.7 percent year-on-year. Among them, the cement industry emitted 1.23 billion tons, up 1.8 percent year on year.

"The pain points of the industry and the demand of the market are the focus of our business exploration." Meng Qinglin said that the company's long-term energy-saving and environmental protection engineering and equipment, and building energy-saving materials are closely related to helping achieve the "double carbon" goal, and they are in a rising period and have broad prospects.

"There is a great demand for energy conservation and emission reduction in high energy-consuming industries, but the utilization rate of waste heat is low, and the potential for improvement in waste heat utilization is large. At present, Sinoma Energy Conservation has invested or participated in the construction of more than 400 industrial waste heat utilization projects in more than 20 countries and regions around the world, reducing annual carbon dioxide emissions by about 20 million tons." Meng Qinglin said that although the company's revenue from energy conservation and environmental protection projects decreased slightly in 2021 compared with the same period last year, it will still be the company's main business in the future, with huge market space.

The equipment manufacturing sector also maintained steady growth, with revenue increasing by 28.85 year-on-year, especially high-end equipment manufacturing has attracted more and more attention. According to the sales performance statistics of Sinoma Energy Saving, there are nearly 300 waste incineration plants in operation using waste incineration power generation waste heat boilers provided by Sinoma Energy Saving, with a daily treatment of about 230000 tons of waste, accounting for nearly 30% of the national waste incineration scale.

Building energy-saving materials are the fastest-growing sector in Sinoma's energy-saving performance, with operating income increasing by 70.24 year-on-year in 2021. Meng Qinglin introduced that under the background of the development of green buildings and green building materials, the growth momentum of traditional building materials has gradually weakened. New energy-saving building materials such as calcium silicate boards have the advantages of weather resistance and thermal insulation compared with traditional building materials, and are expected to achieve sustained and substantial growth. "At present, the proportion of the three major sectors is about 40% for energy-saving and environmental protection projects and equipment manufacturing, and about 10% for building energy-saving materials. Judging from the current industrial development trend, it is expected that the three major industries will be able to achieve" three pillars "and develop simultaneously in the future." Meng Qinglin said.

Aiming at the two key directions to lead the industry transformation and upgrading

For energy conservation and environmental protection and building materials industry, technological innovation is the only way for the transformation and upgrading of the industry. Meng Qinglin said: "Sinoma Energy Conservation attaches great importance to innovation-driven. Last year, despite increasing operating pressure, R & D investment still achieved a year-on-year growth rate of nearly 50%. This trend will continue this year." He said that Sinoma Energy Conservation will focus on the company's main business, strengthen the research and development of core key technologies, and continue to carry out digital and intelligent transformation to accelerate the intelligent transformation of the industry.

Speaking of the company's next key development direction, Meng Qinglin said that energy conservation, environmental protection, and carbon reduction are still the themes. Among them, in terms of energy conservation and environmental protection projects, continue to consolidate the leading position in the field of waste heat and pressure utilization, and continue to promote the use of lower-grade heat sources. Research and development, application and promotion of energy-saving technologies, and actively develop engineering services in the fields of wind energy, solar energy, geothermal energy, biomass energy, biomass, energy, energy, energy, energy, energy, energy, energy, energy, energy, energy, give full play to the advantages of technology and equipment, accelerate the technological upgrading of the industry, ensure the leading position of the industry, increase investment in deep-processed products such as calcium silicate board and refractory decorative board, and speed up the layout of industrialization; in terms of equipment manufacturing, actively develop energy-saving and environmental protection equipment such as special boilers, building energy-saving material equipment, and new material industry-related equipment.

Meng Qinglin introduced that in the process of business development in the three major sectors, Sinoma Energy Conservation will focus on technology and capital investment in two aspects: one is to build a "zero outsourcing power" factory, and the other is to realize the industrialization of calcium silicate board.

On the one hand, under the guidance of the "double carbon" goal, the green and low-carbon development of the building materials industry is imminent, and electricity is the lifeblood of the development of the cement industry. How to realize the clean, low-cost and unrestricted power consumption of cement plants has become an urgent problem to be solved. problem. Meng Qinglin said that Sinoma Energy Saving is precisely taking this development opportunity into account and focusing its goal on building a "zero outsourcing power" factory, that is, taking the whole system of the cement factory as the object, building a local "source-network-load-storage" intelligent microgrid through the complementarity of waste heat power generation, new energy power generation, geothermal energy, energy storage, etc., so as to realize the breakthrough of "zero" outsourcing power in the cement factory, this also reduces the indirect carbon emissions caused by electricity consumption in the cement production process.

To achieve this goal, Meng Qinglin is confident: "Sinoma Energy Saving has professional advantages and core technologies in comprehensive energy solutions, and through collaboration with enterprises within China National Building Materials Group, factories and mines are used as application scenarios to help the landing of the 'zero outsourced electric' model."

On the other hand, as one of the three main industries of Sinoma energy conservation, the calcium silicate board industry is the main direction of Sinoma energy conservation in the next step. Meng Qinglin said that at present, Sinoma Energy Saving has built calcium silicate board production lines at home and abroad, and the industrialization momentum is good. "The manufacture of calcium silicate board mostly uses industrial tailings as raw material, both thermal insulation and decoration two functions, with good cold resistance and thermal insulation performance, can effectively reduce the winter heating and summer cooling energy consumption. Low-carbon energy saving runs through the whole production process and even the whole life cycle of calcium silicate board, it can be said that from raw materials to finished products, and then to subsequent use, are contributing to the reduction of carbon."

In addition, Meng Qinglin said that Sinoma Energy Conservation has actively deployed around the "double carbon" strategy, established cooperative relations with scientific research institutes, universities, industry institutions, and enterprises, and carried out joint development in the fields of carbon dioxide capture, utilization, storage, green hydrogen preparation, energy storage application, etc., and jointly built an application research and development center for carbon neutralization technology and process technology of new building materials with Wuhan University of Technology, committed to accelerating the conversion of low-carbon scientific research results in the field of building materials.

Overcome the adverse effects of the epidemic and unswervingly "go out"

A high degree of internationalization is a major feature of Sinoma energy saving. Meng Qinglin said that Sinoma Energy Conservation has always actively implemented the "Going Global" and "One Belt One Road" initiatives. Its business covers more than 20 countries and regions, and international business revenue accounts for about 30%. Among them, waste heat power generation and calcium silicate board have become international market development. The leader.

Meng Qinglin said that since its establishment, Sinoma has signed a total of more than 10 billion yuan of overseas general contracting contracts, involving industrial waste heat power generation, biomass power stations, green energy-saving building materials and other business fields. Among them, the contracted YCC project has set the largest scale in the same industry and the highest single-unit waste heat power generation record, and is the world's largest cement waste heat power generation project.

In order to strengthen the overseas industrial chain and service chain, Sinoma Energy Conservation works closely with China Building Materials Import and Export Corporation to build a series of overseas spare parts warehouses. In October 2021, the Dubai warehouse, the first overseas spare parts warehouse of Sinoma Energy Conservation, was officially listed. At the same time, Sinoma Energy Saving has invested in two waste heat power stations abroad, and the fiber cement board production line in Egypt is under construction. The holding Nigeria calcium silicate board production line project with an annual output of 5 million square meters has been put into operation in 2021.

Sinoma Energy Saving's First Overseas Calcium Silicate Board Factory-China Building Materials Nigeria New Materials Co., Ltd. to Achieve Batch Production

In the past two years, the continuous spread of the global epidemic has had a great impact on Chinese enterprises "going out. Meng Qinglin admitted that the epidemic slowed down the pace of "going out" of Sinoma energy conservation, project implementation and product export there are risks such as construction period, transportation delays, the company's overseas business costs rose, the risk of compliance increased. The company is strengthening the combing and assessment of overseas project risks, and will strive to control risks by improving overseas operation, tax and compliance risk management systems.

Speaking of the next step of the company's "going out" prospects, Meng Qinglin said that internationalization is the only way to build a world-class enterprise, and with the normalization of overseas epidemics, the impact of the epidemic on the company's overseas business is being reduced. In the next step, Sinoma Energy Conservation will adhere to open cooperation, continue to improve the level of internationalization, accelerate the adjustment of asset structure, organizational structure, business structure and talent structure in the areas along the "Belt and Road", and strive to build an international management system and improve internationalization Operational level.

"Specifically, the first is to increase overseas investment in waste heat power generation and calcium silicate board; the second is to give full play to the company's international market advantages, carry out localized operations, and develop from 'going out' to 'going in'; the third is to strengthen cooperation with international well-known enterprises and domestic advantageous enterprises, introduce various investment funds and third-party institutions at home and abroad, and establish cooperation mechanisms and development platforms, form an alliance development model with complementary advantages and shared risks, and jointly promote the process of international development." Meng Qinglin said.