On the evening of May 13, Forbes published the 20212000, of which sany heavy industry ranked 468th, making it the world's top 500 for the first time, up 235 places from last year, it is the No. 1 Engineering Machinery Company in China and No. 2 in the world, and the first Forbes in China's engineering machinery industry. The Forbes Global 2000 and Fortune 500 are regarded by the global business community as two of the world's leading corporate rankings. The Forbes List is based on sales, profits, assets and market capitalisation, all of which are weighted equally according to the size of the company. Each company gets a score under each indicator, and Forbes aggregates the scores to form a composite score. The higher the Composite Score, the higher the ranking, eventually ranking the 2,000 largest, most influential and most valuable companies in the world. Sany, with $14.4 BN IN SALES, $2.2 BN IN PROFITS, $19.3 BN in assets and a market capitalisation of $41.2 BN, ranks 468th on the list, showing strong global competitiveness. The past 2020 is full of challenges, Sany heavy industry by virtue of forward-looking strategic layout and sound management strategy, has achieved steady growth, continued leadership of China's construction machinery industry development. In 2020, Sany's total revenue totaled 100.54 billion yuan, up 31.25 percent year on year, according to the latest figures. Since 2021, Sany has continued to maintain good momentum. From January to March, the cumulative operating income of 33.33 billion yuan, up 93% year-on-year, all types of major products market performance across the board, leading a solid position. SANICHI's high quality development has been well received, based on the quality of its operations and its prospects. In hurun's 2020 top 500 list, Sany ranks 325th in the overall list and 30th out of 51 Chinese companies on the list, making it the only Chinese construction machinery company on the list. Industry generally believe that with the company's digital, international transformation of the continued in-depth, Sany is expected to soon enter the "fortune" world top 500, the realization of the top 500 honor "Grand Slam.
