Changsha Evening News: 2012 China's Top 500 Private Enterprises List Released Sany * into the top ten

Source: Changsha Evening News
 

The All-China Federation of Industry and Commerce yesterday released a list of China's top 500 private enterprises, and Hunan has 8 enterprises on the list, of which Sany Group has an eye-catching performance, rising from 17th last year to 10th this year, and entering the top 10 for the first time.

Compared with the top 500 Chinese enterprises in 2011, this year's entry threshold reached a new high, reaching 6.569 billion yuan. This year, there are 8 companies in Hunan on the list, an increase of 2 over last year, involving equipment manufacturing, comprehensive, non-ferrous metals, wholesale and retail industries. Among them, Shengtong Technology, Bochang Holdings, Zeng's Enterprise, and Tang Renshen are the new companies on the list.

As a leading enterprise in China's construction machinery industry, Sany Group has increased 7 places compared with last year, and its operating income in 2011 reached 80.18 billion yuan, which is also the first company in Hunan Province to enter the top 10 on the list this year.

Sany is China*5655, the world's sixth largest construction machinery manufacturer, with a domestic market share of 57%, and its production and sales volume has ranked among the world's *5656 for many years. Sany has five major industrial bases in China, including Shanghai, Beijing, Shenyang, Kunshan and Changsha. Globally, Sany has 21 overseas subsidiaries, covering 150 countries and exporting its products to more than 110 countries and regions. At present, Sany has successively invested in R&D and manufacturing bases for construction machinery in India, the United States, Germany and Brazil.