Fortune China 500 List Released, 31 Ranks No. 1 in Construction Machinery Industry*

On July 8, "Fortune" (Chinese version) released the list of China's top 500 companies in 2015, and Sany Heavy Industry ranked 177th on the list with an operating income of 30.364 billion yuan and a profit of 709 million yuan, which is the enterprise ranked *5656 in the list of construction machinery industry.

This is the fifth time that Fortune (Chinese edition) has released the list. It is understood that the total revenue of all companies on the list of China's top 500 this year reached 30.4 trillion yuan, an increase of 5% over last year; Profit reached 2.7 trillion yuan, an increase of 6%. The top three on the list remained unchanged, Sinopec successfully defended its top spot with a revenue of 2.8 trillion yuan, and Industrial and Commercial Bank of China became the most profitable company on the list with a profit of 275.8 billion yuan, even surpassing Apple, which is the most profitable company in the top 500 in the United States.

Industry insiders pointed out that under the new normal of China's economy, Sany still achieves stable and healthy development through the transformation of the market, business and management, which is a strong driving force to ensure that it wins the industry.

According to reports, in 2014, Sany Heavy Industry's market share continued to increase, and the leading position in the industry was stable. The company's concrete machinery achieved sales revenue of 16 billion yuan, ranking 5656 in the world. Excavation machinery has been the top seller in China for four consecutive years, with a market share of more than 15%. The market share of crawler cranes above 250 tons is about 40%, and the industry;Truck cranesThe market share of products of 50 tons and above ranks second in the industry.

The company's overseas market has grown rapidly, and internationalization has entered an era of comprehensive profitability. At present, overseas sales have accounted for nearly one-third of the company's overall sales performance, and it is expected to increase to more than 50% in the future. Not only that, Sany's industrial layout is highly consistent with the "Belt and Road" region, laying a solid foundation for the accelerated development of internationalization.