{"id":46608,"date":"2021-05-26T04:12:13","date_gmt":"2021-05-26T04:12:13","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=74077"},"modified":"2021-05-26T04:12:13","modified_gmt":"2021-05-26T04:12:13","slug":"sany-named-by-forbes-as-chinas-largest-heavy-equipment-company-in-2021-and-2nd-in-the-world","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/sany-named-by-forbes-as-chinas-largest-heavy-equipment-company-in-2021-and-2nd-in-the-world\/","title":{"rendered":"SANY named by Forbes as China\u2019s largest heavy equipment company in 2021 and 2nd in the World"},"content":{"rendered":"
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CHANGSHA, China, May 26, 2021 \/PRNewswire\/ — The\u00a019th Annual\u2002Forbes<\/u><\/i>\u2002<\/u>Global 2000 list<\/a>\u00a0ranks the world’s largest public companies by metrics including market value, sales, profits and assets.\u00a0SANY, at 468th<\/sup>, ranks the first among heavy equipment manufacturers in China and the second in the world, after only\u00a0 Caterpillar.<\/p>\n

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This year, SANY surged 235 places to enter the Forbes TOP500 Club for the first time with yearly sales volume of USD 14.4 bn, revenue of USD 2.2 bn, asset value of USD 19.3 bn, market value of USD 41.2 bn.<\/p>\n

Despite suffering a 27%\u00a0reduction in the\u00a0global market\u00a0for\u00a0construction machinery when the COVID-19 pandemic began in the first quarter of 2020 – the largest hit to the globe in the 21st<\/sup>\u00a0century so far – the company has maintained a steady growth, with a visionary global business layout and\u00a0a well-rounded operation and business management strategy.<\/p>\n

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SANY kept a good momentum of growth in the first quarter of 2021, in which SANY’s quarterly revenue reached USD 5.17 bn, an increase of 90% year-on-year. The company’s main product lines are continuing to perform well\u00a0globally, cementing\u00a0SANY’s leading position in the industry.<\/p>\n

Photo – https:\/\/mma.prnewswire.com\/media\/1518613\/image1.jpg<\/a>
\nLogo –
https:\/\/mma.prnewswire.com\/media\/1518641\/logo_Logo.jpg<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

CHANGSHA, China, May 26, 2021 \/PRNewswire\/ \u2014 The\u00a019th Annual\u2002Forbes\u2002Global 2000 list\u00a0ranks the world\u2019s largest public companies by metrics including market value, sales, profits and assets.\u00a0SANY, at 468th, ranks the first among heavy equipment manufacturers in China and the second in the world, after only\u00a0 Caterpillar. This year, SANY surged 235 places to enter the Forbes [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,415],"tags":[],"yoast_head":"\nSANY named by Forbes as China\u2019s largest heavy equipment company in 2021 and 2nd in the World - Jordan News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jordannewsgazette.com\/sany-named-by-forbes-as-chinas-largest-heavy-equipment-company-in-2021-and-2nd-in-the-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SANY named by Forbes as China\u2019s largest heavy equipment company in 2021 and 2nd in the World - Jordan News Gazette\" \/>\n<meta property=\"og:description\" content=\"CHANGSHA, China, May 26, 2021 \/PRNewswire\/ \u2014 The\u00a019th Annual\u2002Forbes\u2002Global 2000 list\u00a0ranks the world\u2019s largest public companies by metrics including market value, sales, profits and assets.\u00a0SANY, at 468th, ranks the first among heavy equipment manufacturers in China and the second in the world, after only\u00a0 Caterpillar. 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