Sany Group Co., Ltd. was founded in 1989. Since its establishment, Sany has always adhered to the vision of "building a first-class enterprise, cultivating first-class talent, and making first-class contributions," and has built the well-known "Sany" brand. At present, Sany is one of the leading enterprises in the global equipment manufacturing industry. Sany Heavy Industry, the core enterprise of the group, was listed on July 3, 2003. It was the first company in China's split-share structure reform to successfully complete the reform and achieve full circulation, and in July 2011 it entered the FT Global Top 500 by market capitalization, becoming the first Chinese construction machinery enterprise on the list. The main business of Sany Group is equipment manufacturing centered on "engineering." Its leading products include a full range of products such as concrete machinery, excavating machinery, lifting machinery, road construction machinery, piling machinery, wind power equipment, port machinery, petroleum equipment, coal equipment, and precision machine tools. Among them, excavating machinery, piling machinery, crawler cranes, mobile port machinery, road surface machinery, and coal roadheaders are China's first brands; concrete machinery is the world's first brand. Adhering to the mission of "Quality Changes the World," Sany invests 5%-7% of its sales revenue in research and development each year, committed to upgrading and updating its products to world-class standards. At present, the group has research institutions such as a national-level enterprise technology center and a national-level postdoctoral scientific research workstation. With its innovative strength, Sany has won the "National Science and Technology Progress Award" three times and the "National Technological Invention Award" twice, becoming the enterprise in the construction machinery industry that has received the highest honors since the founding of the People's Republic of China. As of December 31, 2015, Sany had accumulated nearly 7,000 national patents. Through independent innovation, Sany's concrete pump trucks have set the Guinness World Record for long-boom pump trucks three times; Sany's high-pressure concrete delivery pumps have repeatedly set new world records for vertical pumping with a single pump. At the same time, Sany has also successfully developed the world's first fully hydraulic grader, the world's first three-grade concrete delivery pump, the world's first foam-free asphalt mortar truck, the world's largest 3,600-ton crawler crane, the world's first mobile complete equipment A8 mortar master, and Asia's first 1,000-ton all-terrain crane, continuously promoting "Made in China" to world-class levels. In the face of the new competitive environment and technological revolution, Sany is intensifying its transformation and development and has entered fields such as new energy, housing industrialization, finance, and real estate. Domestically, Sany has built six major industrial bases in Beijing, Changsha, Shanghai, Shenyang, Kunshan, and Urumqi. Overseas, Sany has built four major R&D and manufacturing bases in India, the United States, Germany, and Brazil. At present, the group's business covers more than 120 countries and regions around the world. After more than 20 years of development, Sany has become a national innovative enterprise, one of the first pilot demonstration enterprises for national intelligent manufacturing, a China Top 500 Enterprise, China's most competitive brand, a landmark brand in China's construction machinery industry, and one of Asia's Top 50 Brands. It has also been rated by Forbes as one of the "World's 100 Most Innovative Companies" and by Fortune as one of the "Most Innovative Chinese Companies."
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