April 12, 2023，With“A new journey、New kinetic energy、New developments”The 20th China Construction Machinery Development Forum was held in Xi'an.，At the meeting，Yang Chengjian, Senior Vice President of Caterpillar Inc.《High quality development and a new journey》Make a keynote speech on the topic。
The following is a transcript of the speech.：
Good afternoon, everyone。It is a great honor to be invited by the Association to participate in this high-level forum.，Gather with industry colleagues in Xi'an，Communicate and share with you on behalf of Caterpillar。
Looking back，The development of China's construction machinery industry has experienced the stimulation of real estate infrastructure and the demand for equipment renewal.。Nowadays，The industry has entered a new stage of pursuing high-quality development.。The optimized and adjusted epidemic prevention and control policies have also brought new opportunities to the industry.。Today I'm going to share with you some of the latest developments and initiatives at Caterpillar in the face of new opportunities and challenges.，Hope to communicate with leaders and colleagues.，Jointly promote the high-quality development of China's construction machinery industry。
In the last hundred years，Caterpillar is committed to helping our customers build a better world.、A more sustainable world，Contribute to a low-carbon future。
2022，Caterpillar sales and revenues totaled $59.4 billion for the year.，An increase of 17% compared to 2021%。At present，Caterpillar has more than two million machines working around the world.；Driverless mining Trucks have achieved more than 5 billion metric tons of zero-loss man-hour injury handling operations.；More than 30 million engines have been manufactured.，At the same time，More than 1.4 million devices around the world are connected through digital technology。
Caterpillar Focuses on Executing Corporate Strategy，Consists of four focus areas：Operational Excellence、Expanded product line、Services and sustainability。Last year，Caterpillar handle“Sustainability”Incorporated into the corporate strategy，Highlights efforts to achieve climate-related goals for itself and its clients。While offering a traditional product portfolio，It also constantly brings new products to customers.、New services and technologies。
The first is the product，Caterpillar has a longstanding commitment to sustainability.，And helping customers achieve their climate-related goals，Therefore, sustainability is integrated into the design stage of products.。
At present, the important new engine for the high-quality development of China's construction machinery industry is electrification.。At the International Construction Machinery Exhibition held in Las Vegas last month，Caterpillar is exhibiting four prototype battery-powered devices with charging options.。All of these devices are powered by a prototype battery designed by Caterpillar.，Scales to meet industry and customer performance needs，And maximize sustainability throughout the life cycle of the battery。
In China，Caterpillar's SEM brand officially launched its first electric drive loader last summer.。It has successfully achieved zero emission of exhaust gas.，Provide customers with the performance they need，Support the customer's climate-related objective。This marks an important step for Caterpillar in supporting sustainable development through product innovation.。
Caterpillar is an innovative company.，With industries around the world、Government and academic cooperation，To take advantage of new technologies to speed up research and development，Delivering best-in-class innovation。For the past 20 years.，Caterpillar invests more than $30 billion in research and development。Continue to increase investment in areas of strategic concern such as service growth and technology，Including digitization、Electrification、Autopilot, etc，Helping customers achieve their sustainability goals。
Caterpillar has decades of experience in autonomous driving.，It now has the world's largest fleet of driverless Trucks.，And it's increasing month by month.。At present，Caterpillar's progress in autonomous solutions for construction equipment。
Grade Control、Compaction control、Weighing system、Safety detection、Remote control、Equipment management、Production Efficiency7 Key Technologies are part of the Caterpillar Technology Ecosystem for Construction Machinery。At the China International Import Expo in November last year，Caterpillar Demonstrates Localized Remote Control Solution，The operator can remotely control the equipment thousands of kilometers away from the console.，It not only reduces the fatigue of the operator,，Improved operational security，It can also keep the equipment running smoothly and accurately.。
The third is service，At Caterpillar，Service is everything a customer does to help them succeed from the moment they make a new purchase.，And we continue to provide multiple services throughout the lifecycle of the device。At the stage of equipment procurement，Customers can choose to sign up with Carter.“Value Treasure”；When the equipment begins to age，We continue to provide services that help extend the life cycle of your equipment，Such as maintenance、Remanufacturing and refurbishment，So as to continue to provide deeper value to customers.。
This year marks an important milestone for Carter's remanufacturing business.。Because exactly 50 years ago,，The first Carter Remanufactured Engine rolled off the assembly line.。Carter Remanufacturing as one of the many service options we offer our customers，According to the corresponding productOEMPerformance specifications and latest engineering updates，State-of-the-art repair technology and advanced manufacturing systems，Finally, parts with performance and quality comparable to new products are obtained.，But also saves a large amount of raw material consumption and related greenhouse gas emission.。
By using an existing part，Not a completely new part，Carter Remanufacturing can save 65% compared with general manufacturing-87%Energy consumption，Reduce raw materials needed to make new parts 80-90%，And is reduced by 65% in the whole process compared with the conventional manufacturing-87%Greenhouse gas emissions。
Caterpillar doesn't just invest in products and services，As well as in community development.。2022，A charitable organization of Caterpillar.——70th Anniversary of the Caterpillar Foundation。2020，The foundation has pledged to invest up to $10 million in China over the next five years.，Help build a more vibrant community。
As part of the 2020 commitment，The Caterpillar Foundation has focused on vocational education in China.、STEMEducation、More than $3.5 million from six public interest agencies for sustainable natural infrastructure and disaster preparedness and mitigation，It is expected to benefit 370000 people.。
China will pay more attention to innovation-driven sustainable development。Scientific and technological innovation、Green and high-quality development、Digital transformation and corporate social responsibility have increasingly become the focus of industry development.。
We believe，Caterpillar has broad development prospects in China.。With innovative products、Advanced technology and services，And industry experience in dealing with major challenges.，Caterpillar will continue to make new contributions to the transformation and upgrading of China's construction machinery industry.，At the same time, I look forward to communicating and sharing with more colleagues and friends in the industry in the future，Jointly promote the high-quality development of China's construction machinery industry。
