In March, the State Council issued the Action Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Replacement, and the first point about the implementation of the equipment renewal action is related to the renewal and transformation of equipment. The action plan points out that, focusing on the promotion of new industrialization, with energy saving and carbon reduction, ultra-low emission, safe production, digital transformation, and intelligent upgrading as the key direction, focusing on key industries, we will vigorously promote the renewal and technological transformation of production equipment, energy equipment, generation, transmission and distribution equipment, and so on. Focusing on key industries, the program vigorously promotes the renewal and technological transformation of production equipment, energy-using equipment, power generation, transmission and distribution equipment, and so on. Fosun will accelerate the promotion of energy-using equipment with advanced energy efficiency and energy-saving levels, and implement energy-saving and carbon-reducing reforms by industry and field.
Fosun provides old machine recycling and replacement services for the market, and recycles and disposes of users' old equipment in a more professional way, and helps users to upgrade their equipment. Fosun also provides air compressors and ultra-high-efficiency containerized air compressor station leasing solutions for industry users, and provides flexible and various cooperation methods to better meet the needs of industry users. Fosun also provides leasing solutions for air compressors and ultra-high efficiency containerized air compressor stations to meet the needs of industry users in a variety of flexible ways.
Regarding the recycling of old machines, there is no restriction on the brands to be recycled in mainland China, and the main focus is to maximize the convenience of the industry users. The assessed value of old or inefficient air compressors can be offset against the purchase price of the new equipment or can be offset against the rent of leasing Fusheng products. The first batch of old compressors will be available until December 31, 2024 for replacement.
In terms of energy saving and upgrading, industry users can choose the latest Fusheng technology air compressors or other compressed air solutions according to their needs. Fusheng's professional service team will provide reasonable and professional advice, as well as assistance in energy efficiency certification according to users' needs.
Fosun will also utilize the recycled air compressors for selective upgrading to further improve the energy efficiency of its products, and provide sales/leasing services for the original certification, maintenance and upgrading of the recycled products.
Promoting large-scale equipment upgrading and consumer goods trade-in is an important measure to accelerate the construction of a new development pattern and promote high-quality development, which will strongly promote investment and consumption, and will be beneficial to both the present and the long term. Fusheng is looking forward to using more green manufacturing and more green and environmentally friendly solutions for equipment renewal to help industrial upgrading and sustainable development of the industry.
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