An anti-symmetric loop algebra A2 is constructed. It follows that an integrable system is obtained by use of Tu’s scheme. The eminent feature of this integrable system is that it is reduced to a generalized Schrodinger equation, the well-known heat-conduction equation and a Gerdjkov-Ivanov (GI) equation. Therefore, we call it a generalized SHGI hierarchy. Next, a new high-dimensional subalgebra G of the loop algebra A2 is constructed. As its application, a new expanding integrable system with six potential functions is engendered.