Sany Group Rated 18th in 2009 Top 50 Global Mechanical Engineering Corporations List

The Chinese Journal of Mechanical Engineering recently published a list of the Top 50 Global Mechanical Engineering Corporations. Sany Group made it on the 18th place and gained 2 places in comparison with last year.

Compared with the last year, the scope of the new Top 50 Global Mechanical Engineering Corporations narrowed, due to a fall of the profit margins, caused by the international financial crisis. But Sany Group still maintains a good momentum in expanding its sales in 2008, accomplishing a sales volume of 20.9 billion Yuan, 56.6% increase year on year. For 6 straight years Sany Group has kept a fast pace of growth with over 50% of year-on-year increase rate.  ( Yuan Tang )