China Construction Machinery Business Online
Sany enters into FT Global 500 becoming first in Chinese Construction Machinery Industry
Post Date: 2011-07-04

2011 British FT Global 500 was released on July 1. Sany Heavy Industry enters into Global 500 with the market capitalization of $21.584 billion for the first time, ranking the 431st. It is the first enterprise that enters into Global 500 in Chinese construction machinery industry.

The president of Sany Xiang Wenbo said, the key point of supporting Sany's market capitalization is Sany's achievements, growth, and profitability. The data shows that, in the past five years, Sany's sales scale grows nearly 10 times, the profit grows 20 times. According to the newly released Five-year Plan of Sany group, to 2015, Sany's sales scale will break through RMB 300 billion, entering into the list of the world's top 500 companies.


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