Zhongwang

Hunan Zhongwang Engineering Machinery Equipment Co., Ltd. was established in 2007. It is an authorized dealer of excavators and V8 mixing plants in Hunan Province and Jiangxi Province by Sany Group, a world-renowned construction machinery enterprise. It is a specialized company integrating whole machine sales, parts sales, whole machine maintenance, whole machine leasing, after-sales service and other diversified operations. The company's headquarters is located in Xiangtan, Hunan (Sany 6S Store, Central International Machinery Logistics Park), and its sales network covers cities and county-level cities across Hunan and Jiangxi provinces. It has five subsidiaries—Hunan Zhongwang, Jiangxi Zhongwang, Hunan Zhongxin, Hunan Zhongsheng, and Xiangtan Zhongwang. The company adheres to Sany Group's core values of "be a good person first, then do things well." Under the leadership of the management team led by Chairman Zhong Wenming, it has established a sound modern enterprise management system covering marketing management, customer management, financial management, debt and liability management, service parts support, and employee incentives.
In 2010, the company achieved sales of nearly 400 million yuan, the industry growth rate was *, and its sales ranking was third in the industry. In 2011, it went against the market trend, turned crisis into opportunity, and successfully sold more than 800 units, ranking * in the Hunan region. In 2012, under a harsh market environment, it still firmly held the industry *. In 2013, with a market share of nearly 15%, it achieved the industry * in sales ranking for a third consecutive championship.
The company takes "cultivating first-class talent" and "helping employees succeed" as the mission and philosophy of its human resources work. It focuses on providing professional training to employees to improve their technical and management levels. Its unconventional employment mechanism and clearly visible career paths provide ample career development space for talent. At present, 70% of the company's employees have a college degree or above, and it has nearly 750 employees.
The company has more than 200 service engineers, more than 130 marketing representatives, and nearly 60 debt and financing personnel. It also has 2 major repair plants with nearly 80 maintenance personnel, 1 leasing business department, and more than 30 excavator operators. The company also has nearly 210 service vehicles and 100 service outlets, with industry-* service resources. In 2010, Sany Heavy Machinery launched the 123 service value commitment, 110 service speed commitment, and 111 service resource commitment, successfully creating China's service * brand, with the service brand industry-*. It also obtained special repair agency rights for Isuzu, Mitsubishi engines, etc. The company has been rated by Sany Group many times as "Annual * Best Comprehensive Operation Award," "Outstanding Operation Award," "Excellent Service Agent," and "Excellent Service Management Award."
Chairman Mr. Zhong Wenming graduated from Central South University with an MBA. From 2001 to 2006, during his tenure at Sany Group, he was successively awarded "Sany Person" and "Excellent Branch Manager." In 2007, in response to the strategic transformation of Sany excavator sales, he founded Hunan Zhongwang Engineering Machinery Equipment Co., Ltd. After nearly four years of planning and adjustment, under the guidance of Sany Group and with the strong support of customers, and while inheriting Sany culture, Zhongwang successfully established its own unique corporate culture and operating model. Its market share has continued to rise, laying a solid king's position in the construction machinery industry. In 2010, Mr. Zhong was honored to be elected as "Chairman of the Hunan Construction Machinery Industry Association."

Zhongwang Milestones:
January 1, 2007, Hunan Zhongwang was registered and established;
2008, sales of 160 million, successfully winning the * battle;
2009, sales of 480 million, medium excavator sales ranked industry *;
2010, sales of 780 million, market share ranked third in the industry;
August 2010, Hunan Zhongxin was registered and established;
October 2010, Jiangxi Zhongwang was registered and established;
2011, sales of 1.1 billion, market share ranked * in the industry;
April 2011, Hunan Zhongsheng was registered and established;
2012, market share 12.5%, industry ranking *;
2013, market share 15%, industry ranking *, achieving industry * for a third consecutive championship.