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China Economic Net: Sany Heavy Industry has been ranked among the top ten "Most Appreciated Chinese Companies" by Fortune for the third time in a row

  • 2013.09.27

Source: China Economic Net

 

Today, the Chinese edition of Fortune released its 2013 "Most Admired Chinese Companies" ranking. Construction machinery giant Sany Heavy Industry Co., Ltd. made the list for the third time, ranking among the top 10 on the all-star list, and at the same time ranking first in the "manufacturing" industry list, and becoming the first Chinese construction machinery company to be selected as one of the top 50 on the list.

According to the new list, there are only three companies on the list in the manufacturing industry, and Sany Heavy Industry is in the first place, followed by the China Aerospace Science and Technology Group and the China Aerospace Science and Industry Corporation. As the first construction machinery industry enterprise on the list, the list is already the third time that Sany Heavy Industry is among the top ten "most appreciated Chinese companies", and Sany Heavy Industry's leading position in the domestic construction machinery industry is unshakable.

In recent years, under the background of the general slowdown of domestic economic growth, Sany Heavy Industry has always adhered to a rational, pragmatic and steady business strategy; We are committed to relying on scientific and technological innovation and global market layout to incubate new profit growth points. Internally, we will work hard internally, actively carry out global layout externally, maintain its long-term reputation and expand its global reputation through the corporate strategy of "internal and external training". In the first half of this year, Sany Heavy Industry with an operating income of more than 22 billion yuan ranked first in the domestic construction machinery industry, some industry insiders believe that Sany brand can still maintain a good momentum of development and strong brand influence in the overall slowdown of industry development, thanks to its adherence to the business strategy of "risk control, seize opportunities, reduce costs, and select talents" and its focus on scientific research and innovation, deep cultivation of the domestic market, and comprehensive layout of overseas market strategy.

It is worth mentioning that in the first half of this year, Sany Heavy Industry's overseas performance was quite eye-catching, according to the report, Sany Heavy Industry achieved international sales revenue of 5.439 billion yuan, an increase of 66.5% over the same period last year, accounting for 24.6% of the company's total sales revenue. Among them, Sany America increased by 55.8% over the same period last year; Sany Asia Pacific increased by 90.1% over the same period last year; After the integration, Putzmeister's sales were 2.66 billion yuan. So far, Sany has achieved profitability in the five major regions of the Middle East, Asia-Pacific, Russia, South Africa and North Africa; In strategic emerging markets such as Brazil and the Middle EastTruck cranesMany Sany products represented by Sany have won high praise in the market.

It is reported that the "* Appreciated Chinese Company" ranking is jointly conducted by Fortune (Chinese version) and Hay (Hay ) Group, according to the "product and service status, innovation ability, social responsibility" and other 9 criteria scored, divided into two parts: all-star list and industry list, by highlighting the concept of "* appreciated company", carry forward the achievements of * show Chinese local companies, and promote Chinese companies to enter the "world's most appreciated company" list as soon as possible.

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