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Sany Heavy Industry Sany Heavy Industry Co., Ltd. (SH:600031)
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Sany Renewable Energy Sany Renewable Energy (SH:688349)

Forty percent of the global pump truck market belongs to Sany

  • 2016.07.19

Sany Group's semi-annual operating data shows that in the first half of this year, Sany Group's overseas sales accounted for 35% of the company's performance, ranking first in the industry. globePump trucksForty percent of the market belongs to Trinity.

Since the second half of 2011, the entire construction machinery industry has entered a period of adjustment. Sany actively responded, not only maintaining steady development in China, but also continuing to make efforts in overseas markets.

Sany has performed well in a number of markets, including Putzmeister's profit doubled, and Sany India was fully profitable, with outstanding market performance. This makes Sany's position in the international market more stable. Taking pump trucks as an example, 41% of the global market belongs to Sany, while the second place accounts for only 17%.

"Dancing with Dragons and Elephants" has always been regarded as a "model of Sino-German cooperation". Since its merger into the Sany Group, Putzmeister's business has been operating in a healthy state, and its profitability has continued to rise, with sales of nearly 700 million euros in 2014 and a global market share of 40% outside China. In the first half of this year, Putzmeister's sales exceeded the same period last year, and profits doubled.

In the Indian market, Sany has become a corporate citizen of India by introducing local talents and fully participating in the construction of key projects such as Mumbai Airport and Delhi Metro. In 2014, Sany India took the top spot in the crawler crane market share. In the first half of this year, Sany India achieved full profitability.

It is one of the regions with good growth in Sany's overseas market last year. With the unique advantage of the overall solution, Sany won a large order of 1.1 billion yuan, which was also Sany's overseas order of 5655 last year. At present, Sany has started to help with infrastructure construction and provide training for 3,000 to 5,000 operators. At the same time, the second batch of engineers came to Changsha for training to learn the actual operation and working principle of Sany equipment.

In June this year, the envoys of 36 African countries in China visited Sany, and the quality of Sany was directly hit on the spot, especially the industrialization of housing, which impressed the envoys very much, and hoped that Sany could "build a house in Africa soon", and reached a number of intention orders.

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