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SANY Heavy Industry releases the performance report of the third quarter
From January to September, SANY Heavy Industry has sold 35,000 excavators in the domestic market, ranking No.1 in the industry. In the first half year, the company's net operating cash flow reached 6.21 billion, the highest record in the same period.
According to an analyst of Zhongtai Securities, the company's healthy financial situation offers more space for its further development. As a leading enterprise in China's construction machinery industry, SANY will see sustainable growth in excavator sales and dynamic revival in concrete machinery sales.
In recent years, SANY Heavy Industry took many efforts to push forward its international market strategy. In the first half year, the company achieved overseas sales revenue of 6.092 billion yuan .
Additionally, it recruits local staff in overseas countries to better understand and service for local market. On September 13 , SANY America manufactured the 2,000 excavator. On September 25 , SANY India rolled out the first 37-meter Truck-mounted Concrete Pump manufactured in India , which symbolizes a new milestone of the localized production of SANY's overseas branch companies.
Presidents of Ghana and
Guinea-Bissau visited SANY during the Investing in Africa Forum held in
Changsha in September. Since its entry into the African market, SANY has exported more than
10 billion yuan worth of equipment to
Africa .
Since the beginning of this year, SANY Heavy Industry has been taking many efforts in business innovation and transformation, getting remarkable achievements in digitalization and intelligentialization for marketing, service, R&D, supply chain and financial affairs. Through the application of Internet of Things, SANY's No.18 factory grew significantly in per capita efficiency and output.
The company continuously increases investment in scientific research. In the first half year of 2018, it invested 1.426 billion yuan and rolled out the SY155H mining excavator and SAC2200T all-terrain crane. What's more, SANY Heavy Industry is expanding its business to firefighting, environment protection and other new fields.
SANY's brand has been widely received by the public and industry. SANY ranks 91 of the top 500 Chinese private enterprises in 2018, the highest ranked enterprise in professional equipment manufacturing industry. SANY ranks 9 on the list of "the most admired Chinese companies in 2018" released by the Fortune (Chinese Edition), taking the lead among construction machinery enterprises.
For more details, please call:
Global clients: 0086-731-85835199
Australian clients: 1800 GO SANY (1800 467 269)
Official website: www.sanyglobal.com
Email: sales31@sanygroup.cn
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