2023.09.22
Sany Group
Recently, Forbes China launched the "Top 50 Chinese Enterprises in Multinational Operations" for the first time, aiming to explore and pay tribute to the extraordinary achievements of Chinese enterprises in the turbulent global economic tide. With its outstanding performance in the global market, Sany Heavy Industry is on the list.

The sample of this study covers domestic listed companies with a market capitalization of more than 10 billion yuan, including A-shares, H-shares, overseas listed Chinese concept stocks, etc., as well as some large non-listed companies that are at the forefront of the industry in global competition. Through a comprehensive analysis of the company's operating performance (including basic financial indicators such as corporate revenue, net profit and its growth rate, ROE), overseas market participation, business growth and revenue ratio, and stock price performance since 2020, 50 Chinese companies that have achieved steady global expansion in the uncertain economic environment in the past three years have been selected.
In recent years, Sany has accelerated the expansion of the global market, and its product sales have covered more than 180 countries and regions, and the high-end markets in Europe and the United States have become the fastest-growing overseas regions, achieving continuous growth in overseas performance and hitting record highs.
In the first half of 2023, Sany Heavy Industry Co., Ltd. will implement the business strategy of "focusing on me, local operation, and service first", improving its international competitiveness as a whole, achieving rapid growth in overseas markets, and achieving international sales revenue of 22.466 billion yuan, a significant increase of 35.87% year-on-year, accounting for 56.88% of operating income, and most of its revenue and profits come from the international market, achieving a historic leap.
At present, Sany is making every effort to promote the globalization strategy, insisting on designing products and operating companies for 7.5 billion people, serving global customers and building a beautiful world.
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