To set exemplary models and galvanize development momentum for progress, this issue further highlights the in-depth advancement of Triumph Group’s "Three Tough Battles" Precision V2.0 and features Shanghai Triumph Energy Conservation Engineering Co., Ltd.

Committed to international expansion and green transition, the STEC team proactively explored global markets and expanded business reach. It steered all projects toward green, low-carbon and sustainable development. In 2025, STEC’s newly signed contract volume rose by over 60% year-on-year. Both operating revenue and total profit posted double-digit growth, and overall labor productivity exceeded RMB 1 million per employee.

STEC has fully carried out the CTIEC strategic layout for international projects and achieved in-depth integration with green initiatives. In 2025, it consolidated core global markets and expanded into new regions. The share of overseas businesses kept rising, accounting for over 90% of total annual revenue. It maintained a solid market presence in Turkey, East Africa and other core areas, and forayed into emerging markets in North and West Africa, signing key projects in Senegal and Nigeria one after another. Drawing on rich experience in carbon capture, STEC established cooperation ties with Holcim Group and France’s VICAT Group on carbon capture projects in cement industry, winning recognition from world-famous enterprises. Meanwhile, keeping up with the global energy transition, the team explored the innovative "Engineering Services +" model to drive industrial chain value upgrading, laying a solid foundation for long-term sustainable development in global markets.

Taking technological innovation as the core driver, STEC participated in the project "Key Technologies and Equipment for Oxy-Fuel Combustion Integrated with Low-Energy Carbon Capture in Building Materials Kilns". The project won the First Prize of the 2025 Science and Technology Progress Award for Building Materials Industry, jointly issued by the China Building Materials Federation and the Chinese Ceramic Society, and was accredited as reaching world-leading technological standards.

STEC hosted the first industry standard-setting conference on carbon capture for the glass sector, filling a long-standing gap in the industry. It has been approved to set up a Postdoctoral Research Station in Putuo District, Shanghai, and obtained the General Contracting Qualification for Power Installation Works, strengthening its capabilities in both technological innovation and project implementation. Focusing on power generation upgrading and carbon circulation technology breakthroughs, STEC pressed ahead with R&D of next-generation power generation technologies and strove to make progress in CO? capture, conversion and resource utilization, building a carbon circular economy system to fuel sustainable development.

STEC has built an elite team with a global vision and solid professional expertise, with Party members taking the lead. Leading cadres set fine examples, uniting all staff to serve global markets with a pioneering spirit. In 2025, in addition to making breakthroughs in international expansion and technological innovation, STEC efficiently delivered 10 overseas projects across Asia, Africa and Europe, demonstrating outstanding cross-cultural collaboration and project management capabilities. With a high sense of responsibility and professionalism, the team drove STEC toward sustainable development in the green and low-carbon sector.

Looking to 2026, STEC will fully implement the requirements of Triumph Group’s "Three Tough Battles" Precision V2.0. While consolidating its core global advantages in power generation, it will vigorously expand the second growth curve centered on green and low-carbon businesses worldwide. It will continuously elevate development quality and efficiency, and contribute to achieving the 15th Five-Year Plan strategic goals of Triumph Group and CTIEC.