China Construction Machinery published its recent list on Top 50 Global Construction Machinery Manufacturers 2008. SANY Group ranked the 20th place with a sales volume of USD 1.851 billion, climbing eight notches over the previous year. Its business profit touched USD 254 million, accounting for 13.70% of the sales volume. In addition, SANY ranked the 2nd in terms of growth rates for both the sales volume and the business profit, with respective figures hitting 78.15% and 172.69%.
Year 2007 highlighted overseas expansion for SANY Group, which erected overseas centers from India to the US and Europe. On the chessboard of the traditional core regions and rising market of construction machinery, SANY scored remarkable development. Through a series of overseas expansion campaigns, the overseas business of SANY has penetrated the core regions.
In 2007, SANY's construction machinery business was in full swing under the direction of self-independent innovation and overseas expansion. By integrated innovation, the business of crawler crane, excavator, rotary drilling rig and motor grader presented strong momentum for growth. These business operations help not only shape up sounder product structure for SANY, but also sustain dashing development for the enterprise.