Per economic network: Sany Heavy Industry paid a dividend of 2.278 billion yuan to fight back against tight cash flow

Source: Every Economic Network Reporter: Zhuo Zhiqiang

Guangzhou, August 2 (Reporter Zhuo Zhiqiang) After investing 8.1 million euros to acquire 100% of the shares of Intermix GmbH, the third largest mixing equipment manufacturer in Europe, on the evening of August 1, Sany Heavy Industry (600031, SH) decided to once again respond to the outside world's questions about the company's tight cash flow by distributing cash "big red envelopes".

According to the announcement, Sany Heavy Industry's 2011 cash dividend of 3 yuan per 10 shares was distributed, with a total of 2.278 billion yuan. "Daily Economic News" learned that this is the ninth cash dividend of Sany Heavy Industry since it was listed on the Shanghai Stock Exchange in 2003 for 9 years. In the past 9 years, the company has paid dividends of up to 5.7 billion shares, which is the largest in the construction machinery industry.

At the same time, according to WIND information data, Sany Heavy Industry ranks 28th among A-share listed companies and ranks *5656 among all Chinese private enterprises.

"Sany has never been worried about money, not bad money." Xiang Wenbo, president of Sany Heavy Industry, once again emphasized to the reporter of "Daily Economic News".

It is worth mentioning that in the first half of this year, the domestic construction machinery market fell by 20%, and the construction machinery sector as a whole weakened. Recently, with the macro environment "to maintain growth" trend is obvious, the industry continues to have good news, and it is generally believed that the construction machinery sector will bottom out. The investment value of Sany Heavy Industry is generally optimistic. Liu Rong of China Merchants Securities said, "Sany Heavy Industry has a global layout and steady growth. For leading companies in the improvement of global competitive advantage, the value is undervalued, and the pullback is the time to buy. ”

Sany Heavy Industry told reporters that inConcrete machineryIn the field, Sany Heavy Industry continued to expand its advantage with competitors this year, and acquired the German "Elephant" at the beginning of the year, changing the competition pattern of the world industry in one fell swoop; In the field of excavators, Sany Heavy Industry's products have a relative market share of about 18% in China, and have firmly occupied the *5656 position since surpassing Japan's Komatsu last year. In addition, from January to June this year, the export of all products of Sany Heavy Industry increased by 130% year-on-year, and the business growth of German elephant after the merger and acquisition also exceeded 10%.

Dong Yaguang, an analyst of the construction machinery industry of Guojin Securities, believes that the leading construction machinery enterprises represented by Sany Heavy Industry have tempered their management capabilities in a highly competitive growth environment, and their product lines are complete and even exceed overseas competitors, along with the establishment of global research and development, production, sales and service systems, its domestic and global market share will continue to increase, and its catch-up target will be Caterpillar, Komatsu and other international giants.