China Economic Net: Global Finance Magazine Selected 2013 China Star Sany Group Won the "Best Construction Equipment Enterprise Award"

Source: China Economic Net

On November 19, Global Finance magazine held The Stars Of China 2013 at the Westin Beijing Financial Street Hotel. Sany Group won the 2013 China Star "*5654 Construction Equipment Enterprise Award", which is also the first construction machinery enterprise to receive this honor.
Since April 2011, China's construction machinery industry has entered a period of adjustment for several years. As a leading enterprise in the industry, Sany continued to adhere to rational and pragmatic operation in 2013, and the strategy of "controlling risks, seizing opportunities, reducing costs, and selecting talents" has achieved further results. In the first three quarters of 2013, the company has significantly shown the characteristics of narrowing the decline in revenue scale, improving profitability, significantly reducing expenses, turning cash flow positive, further strengthening the ability to resist risks, and bottoming out and rebounding inflection points.
This is also very consistent with the criteria of Global Finance magazine for the selection of this China Star. Joseph D. Giarraputo, Publisher and President of Global Finance, said, "The 2013 China Star is one of those companies that have seized the opportunities available and guided the industry in a changing environment after China's economic growth has slowed over the past year. ”
It is understood that the magazine "Global Finance" was founded in 1987 and is distributed in 163 countries, and its main readers include chairmen, presidents, executive officers, financial officers, treasurers and other senior financial officials who are responsible for making investment and strategic decisions in multinational corporations and financial institutions. The winners of the 2013 China Star*5654 Enterprise Award also include Sinopec, China Mobile, Tencent, Midea, Wanda, etc.