Sany

Last updated
Sany Heavy Industry Co., Ltd.
Company type Limited company
SSE: 600031 [1]
Industry Heavy equipment
Founded1989 (1989) (Maotang, Lianyuan, Hunan Province)
Founders Liang Wengen, Tang Xiuguo, Mao Zhongwu, Yuan Jinhua
Headquarters,
Area served
Worldwide
Key people
Liang Wengen (Chairman)
USD 16 billion (2021) [2]
USD 1.82 billion (2021) [3]
Number of employees
Approximately 90,000 [4]
Subsidiaries Putzmeister
Website www.sany.com.cn/en/ (Sany Heavy Industry) www.sanyglobal.com (Sany Group)
Sany Heavy Industry 3.jpg
The Sany factory in Loudi, Hunan province
Putzmeister Aichtal.jpg
The headquarters of Sany subsidiary Putzmeister, in Aichtal, Germany
SANY R285R excavator in Thailand SANY R285R excavator in Thailand.jpg
SANY R285R excavator in Thailand

Sany Group is organised into the following major divisions and subsidiaries:

NASCAR sponsorship

The #7 SANY-sponsored Chevrolet at Martinsville Speedway in 2013. Dave Blaney, 2013 STP Gas Booster 500.JPG
The #7 SANY-sponsored Chevrolet at Martinsville Speedway in 2013.

Sany sponsored the Tommy Baldwin Racing #7 driven by Dave Blaney in the NASCAR Sprint Cup Series in 14 races in 2013, while also serving as associate sponsor for 22 races. [26]

Related Research Articles

<span class="mw-page-title-main">Kawasaki Heavy Industries</span> Japanese multinational manufacturing company

Kawasaki Heavy Industries Ltd. (KHI) is a Japanese public multinational corporation manufacturer of motorcycles, engines, heavy equipment, aerospace and defense equipment, rolling stock and ships, headquartered in Minato, Tokyo, Japan. It is also active in the production of industrial robots, gas turbines, pumps, boilers and other industrial products. The company is named after its founder, Shōzō Kawasaki. KHI is known as one of the three major heavy industrial manufacturers of Japan, alongside Mitsubishi Heavy Industries and IHI. Prior to the Second World War, KHI was part of the Kobe Kawasaki zaibatsu, which included Kawasaki Steel and Kawasaki Kisen. After the conflict, KHI became part of the DKB Group (keiretsu).

<span class="mw-page-title-main">Excavator</span> Type of construction equipment

Excavators are heavy construction equipment primarily consisting of a boom, dipper, bucket and cab on a rotating platform known as the "house" - although the largest form ever, the dragline excavator, eliminated the dipper in favor of a line and winch.

<span class="mw-page-title-main">Liuyang</span> County-level city in Hunan, Peoples Republic of China

Liuyang is a county-level city, the most populous and the easternmost county-level division of Hunan Province, China; it is under the administration of the prefecture-level city of Changsha, the provincial capital. Located on the northeastern margin of Hunan, the city is bordered to the north by Pingjiang County, to the west by Changsha County and Yuhua District, to the south by Shifeng, Hetang Districts of Zhuzhou and Liling City, to the southeast and the east by Yuanzhou District of Yichun, Shangli, Wanzai and Tonggu Counties of Jiangxi. Liuyang City covers 4,997.35 km2 (1,929.49 sq mi) with registered population of 1,453,246 and resident population of 1,297,700. The city has four subdistricts, 26 towns and two townships under its jurisdiction, its jurisdiction, its administrative centre is at Guankou Subdistrict (关口街道).

<span class="mw-page-title-main">Ningxiang</span> County-level city in Hunan, Peoples Republic of China

Ningxiang is a county-level city and the 2nd most populous county-level division in the Province of Hunan, China; it is under the administration of the prefecture-level city of Changsha. The city is bordered to the north by Heshan District of Yiyang and Taojiang County, to the west by Anhua County and Lianyuan City, to the south by Louxing District of Loudi, Xiangxiang City, Shaoshan City and Yuhu District of Xiangtan, to the east by Yuelu and Wangcheng Districts. Located in the central east of Hunan Province, Ningxiang covers 2,906 km2 (1,122 sq mi) with a registered population of 1,393,528 and a resident population of 1,218,400. The city has 4 subdistricts, 21 towns and 4 townships under its jurisdiction, its administrative centre is at Yutan Subdistrict (玉潭街道).

<span class="mw-page-title-main">Industrial Bank (China)</span> Chinese commercial bank

The Industrial Bank Co., Ltd., officially Fujian Industrial Bank Joint-Stock Corporation, Limited, is a commercial bank based in Fuzhou, Fujian province of the People's Republic of China. In 2023, the company was ranked 60th in the Forbes Global 2000.

HD Hyundai Infracore Co., Ltd., formerly known as Doosan Infracore, is a South Korean company that manufactures construction equipment and commercial and military engines. It is one of the largest construction equipment manufacturers by sales revenue. Doosan Infracore was acquired by Hyundai Heavy Industries Group in 2021.

ENMTP is an Algerian company specializing in the development, manufacture and distribution of machinery used in public works. It has registered capital of 15.6 billion DA and is 100% owned by the state.

Shanghai Electric is a Chinese multinational power generation and electrical equipment manufacturing company headquartered in Shanghai. The company traces its roots to 1880.

<span class="mw-page-title-main">Putzmeister</span> German construction equipment company

Putzmeister is a German manufacturer of concrete pumps and other equipment for pumping, distributing and placing concrete, mortar and other high-density solids, and for preparing, temporarily storing, processing and transporting these materials. The firm is headquartered at Aichtal, and is the largest in its field. It also provides pumps for a wide range of different materials, for example slurries, fly ash, sewage, compost and water.

<span class="mw-page-title-main">Gree Electric</span> Chinese major appliance manufacturer headquartered in Zhuhai, Guangdong

Gree Electric Appliances Inc. of Zhuhai is a Chinese home appliances manufacturer headquartered in Zhuhai, Guangdong province. It is the world's largest residential air-conditioner manufacturer. The company offers two types of air conditioners: household air conditioners and commercial air conditioners. The company also produces electric fans, water dispensers, heaters, rice cookers, air purifiers, water kettles, humidifiers and induction cookers, among other products. It distributes its products in China and abroad under the brand name Gree. The company has two joint-ventures with Daikin, Zhuhai Gree Daikin Device Co., Ltd., and Zhuhai Gree Daikin Precision Mold Co., Ltd.

Zoomlion Heavy Industry Science and Technology Co., Ltd. is a Chinese construction machinery and agricultural machinery manufacturer. Its headquarters are in the Zoomlion Science Park in Changsha, Hunan, China. Zoomlion is China's largest and world's fifth largest construction machinery enterprise.

Hunan Valin Steel Co., Ltd. is a Chinese state-owned company based in Changsha. Founded in 1997, it is primarily engaged in the smelting, manufacture and sale of iron and steel products, as well as nonferrous metal products. As of 8 November 2016, the company was a constituent of SZSE 1000 Index but not in SZSE Component Index. With a market capitalization of $2.3 billion in May 2015, the company was ranked #1,858 on Forbes Global 2000 list.

TECO Electric & Machinery Co., Ltd. is a Taiwanese company that was established on June 12, 1956 as an industrial motor manufacturer. It has since expanded its service offerings into a conglomerate with worldwide business operations with around 8% market share. TECO is also ranked at number five in the global low-voltage A/C motor market, representing 4% of the world total.

LiuGong, officially Guangxi LiuGong Machinery Co., Ltd., is a Chinese multinational construction machinery manufacturing company headquartered in Liuzhou, China. It is the world's 10th-largest construction equipment manufacturer by market share and the world's largest manufacturer of wheel loaders.

Hitachi Construction Machinery Co., Ltd. (日立建機株式会社) is a Japanese construction equipment company which is into the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. It is a subsidiary of the Hitachi Group.

<span class="mw-page-title-main">Sinovel</span>

Sinovel Wind Group Company is a Chinese state-owned wind turbine manufacturer headquartered in Beijing.

Liang Wengen is a Chinese entrepreneur who founded and serves as the chairman of Sany Heavy Industry. In 2011, he became the richest man in mainland China with a net worth of about USD 8 billion. As of November 2018, he is the 68th richest person in China, with a net worth of about $3.5 billion.

Xuzhou Construction Machinery Group Co., Ltd. is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. Founded in 1943, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands.

Weichai Holding Group Co., Ltd. is a Chinese state-owned enterprise specialized in the design, manufacturing and sale of diesel engines. The company operates on four different business sectors which are engines and vehicles, powertrains, luxury yacht and automotive parts. Headquartered in Weifang, Shandong Province, China, the Weichai Group is holding more than 80 subsidiaries set throughout China and overseas. The group offers products, services and technologies for commercial vehicles, construction machinery, marine power, agriculture machinery and power generation. Thanks to its subsidiaries, it also provides transporting equipment, buses, luxury yachts and hydraulics products. Having more than 35 offices and 245 authorized services stations through the world, Weichai products are sold in approximately 110 countries.

Changsha is one of the most developed cities and economic centres in China. Changsha's GDP was 932.37 billion RMB in 2016, a year-on-year growth of 9.4% from the previous year, which would rank it No.13 in the country. Its GDP per capita was 123,681 RMB, an increase of 7.0% from the previous year. Changsha's primarily, secondary, and tertiary industries were worth 37.95 billion RMB, 451.323 billion RMB, and 443.952 billion RMB. In 2017, Changsha made its way into the 1-trillion-yuan GDP club with its GDP of 1.02 trillion RMB, becoming the 13th city in China with a GDP of one trillion yuan. Moreover, financial news portal Yicai.com released its 2017 ranking of China's new first-tier cities, and Changsha is a newcomer. In 2021, Changsha's GDP (nominal) was 1.32 trillion yuan with its per capita over $20,000 (nominal) and over $30,000 (PPP), which is considered as a high-income status by the World Bank and a primary developed city according to the international standard.

References

  1. Reuters retrieved 5 February 2012
  2. "SANY releases its 2021 annual report".
  3. "SANY releases its 2021 annual report".
  4. Sany Group website, diversity
  5. KHL Group. International Construction's Yellow Table 2012
  6. {China Construction Machinery Business Online. Sany enters into FT Global 500 becoming first in Chinese Construction Machinery Industry
  7. (in English) Forbes magazine. Sany Heavy Industry section
  8. Forbes magazine. Forbes Magazine's List of Billionaires: #113 Liang Wengen
  9. (in English) Bloomberg. Sany eyes plants in 10 countries as China digger sales slow
  10. (in English) Sany Group website. Corporate Overview
  11. (in English) Resale Weekly Blog. Sany Heavy Industry Listed in 2011 FT Global 500
  12. About Sany Heavy Industry Co., Ltd.
  13. (in Chinese) Chinese Stock Information website. Sany Heavy Industry Co, LTD. Information
  14. "China Concrete Pumper Gets Into Nuclear Effort". The Wall Street Journal. 22 March 2011.
  15. "三一重工62米泵车应邀驰援福岛核电站_国际频道_新华网". news.xinhuanet.com. Archived from the original on 2011-03-22.
  16. (in English) CapitalVue News. SANY Group To Invest 10B Yuan In Zhuhai
  17. (in English) CapitalVue News. US$1.8 billion in deals signed for Shanghai Lingang Industrial Park
  18. (in English) Bisnis Indonesia. China's Sany to build US$200 million plant in Indonesia
  19. (in English) Bloomberg. Sany, Citic to Pay $475 Million for German Cement-Pump Maker Putzmeister
  20. (in English) Bloomberg. Sany to Invest $143 Million in Mobile Crane JV With Austria’s Palfinger
  21. Banerjee, Neela, and Don Lee, "Obama blocks Chinese firm's Oregon wind farm projects", LA Times, September 29, 2012. Retrieved 2012-10-02.
  22. PACEMonitor. TTCP v Sany/Ralls
  23. Wind Power. SANY, Star Energy Plan 1 GW of North American Wind
  24. SANYbel. "History SANY". sanybel.by (in Russian). Retrieved 2023-01-19.
  25. SHIHUA, TANG (16 May 2023). "Sany's Founding Chairman Retires; Chinese Heavy Equipment Maker to Adopt Rotating Chair System". www.yicaiglobal.com. Retrieved 2023-08-07.
  26. Buchanan, Mary Jo (2 February 2013). "NASCAR Has the Most Interesting Sponsors In Sports". Speedway Media. Retrieved 14 November 2013.
Sany
Chinese 三一重工股份有限公司
Literal meaningSany Heavy Industry Co., Ltd.