Ta Kung Pao: Sany Heavy Industry Resident Enterprise Profit List

Source: Ta Kung Pao

Beijing, 23 Mar -- The "2012 Top 10 Wealth-Creating Sleeve List of China's Listed Companies" was announced in Beijing today, and in addition to the responsible persons of large state-owned enterprises such as Sinopec and the Industrial and Commercial Bank of China (ICBC) winning the Fortune-Creating Sleeve Award, the group of private entrepreneurs represented by Liang Wengen, chairman of Sany Heavy Industry, is very eye-catching.

In 2011, Sany Heavy Industry Co., Ltd. was consolidating the "World*5655Concrete machineryAt the same time, it won the market share* of 5,656 excavators in the mainland and achieved a net profit of RMB8.649 billion, a year-on-year increase of 54%, becoming the largest profit-maker of China's private listed companies in 2011. As of the end of last year, the company's market value was 95.2 billion yuan, and it was the first private enterprise in the top 30 A-share market capitalization.

Liu Yonghao, chairman of New Hope, as a leader in agricultural industrialization, led the company to integrate all the group's agriculture and animal husbandry businesses into listed companies through "private placement + asset replacement + asset sale", making the company a listed agricultural and animal husbandry company with a scale of 5655 in the mainland. As of the end of 2011, New Hope's market capitalization was RMB29.1 billion, with an annual market value increase of 66.91%, ranking among the top A-share listed companies.