Top Ten Events of Sany Group in 2010

2010 is a fruitful year. Sany continued to commit itself to promoting and leading the upgrading and advancement of equipment manufacturing industry. We seized immense opportunities and made large investments in R&D and innovation. We achieved steady growth and sound performance.
2010 is a glorious year. Premier Wen Jiabao visited Sany for the third time. Sany became the first listed company with its market cap topping RMB 100 billion. Sany’s crawler crane was selected by the Chilean government for the rescue of 33 trapped miners in San Hose Copper Mine. All these testify to Sany’s first-class products and excellent reputation at home and abroad.     
Here we have selected the top ten most influential events of Sany Group in 2010. Looking to the future, Sany will continue to work on the great goal of "becoming a world-class enterprise".
 
 Top Ten Events
 
Sany Heavy Industry Invests 200 Million USD in Brazil
On February 22, Sany Heavy Industry invested 200 million USD in the construction of an engineering machinery manufacturing base in Brazil, which is the largest single external investment project of Sany to date. Brazil is the fourth stop on Sany's journey to becoming a global player, following the establishment of manufacturing and R&D facilities in India, America, and Germany. Sany's physical presence in Brazil marks the completion of the first phase of Sany's strategic layout in the world.    
 
Launch of China's First 1000-Ton Class All-Terrain Crane
On March 3, Sany officially launched the first thousand-ton all-terrain crane, an outstanding product of its independent R&D and innovation. This marks a great leap forward for the Chinese equipment manufacturing industry and the start of their march to high-end machinery market.
 
First "Natural Disaster Orphans Support Foundation"  Established in China
On April 14, a major earthquake hit Yushu, Qinghai Province. Sany Heavy Industry dispatched rescue personnel and machinery to the epicenter in the shortest possible time. Sany Heavy Industry also declared the setting up of the "China Sany Natural Disaster Orphans Support Foundation" with a donation of 15 million RMB yuan, which is the first foundation dedicated to the support, education and training of children orphaned by natural disasters.
 
Premier Wen Jiabao Visits Sany Ningxiang Industrial Park
In the morning of July 2, Premier Wen Jiabao inspected Sany"s Ningxiang Industrial Park in Changsha, accompanied by Governor of Hunan Province Zhou Qiang, Deputy Governor of Hunan Province Xu Shousheng, and leaders of relevant departments and ministries of the State Council. Wen Jiabao attended the ribbon-cutting ceremony for China's first thousand-ton class crane developed independently by Sany and highly commended Sany on what it had achieved in recent years.   
 
Sany's Crawler Crane Joins in the Rescue of Trapped Chilean Miners
In October, Sany's service engineer Hao Heng and a Sany SCC4000 crawler crane joined the international rescue effort of 33 miners trapped underground in a copper mine accident in Chile. Mr. Hao was the only Asian at the rescue site, while Sany's crawler crane stood out as the only machine on-site made by an Asian manufacturer.
 
Market Cap of Sany Heavy Industry Exceeds 100 Billion
On October 22, Sany Heavy Industry paid its stockholders bonus excluding rights (XR) and excluding dividends (XD) based on the semi-annual financial report. After the stock market opened quotation on that day, the stock price of Sany Heavy Industry rocketed and concluded at the highest price of 20.50 RMB yuan XR and 42.90 RMB yuan including rights. By then, the total market capitalization of Sany Heavy Industry's A-Share market stock exceeded 100 billion RMB yuan for the first time and became the first listed company in the engineering machinery industry whose market cap exceeds 100 billion RMB.  
 
Sany Takes on New Image at Bauma China 2010
Between November 23 and 26, Shanghai International Exposition Centre hosted Bauma China 2010 for construction machinery manufacturers from around the world. Sany was a trendsetter at this grand event with its state-of-the-art products and leading-edge technologies. With eye-catching international communication approaches, Sany showcased its personality of confidence, strength and grandeur and conveyed the concept of “joining hands to create a harmonious world”, which added new value to Sany’s brand image. At Bauma China 2010, Sany landed RMB 3.18 billion worth of product orders and pocketed RMB 140,000 for souvenir sale.
 
Inauguration of Sany Auto Finance Co., Ltd.  
On December 8, Sany Auto Finance Co., Ltd. was inaugurated. This is the only auto finance company in the engineering machinery industry of China. With the support of a financial service platform of its own, Sany will be able to integrate its industrial capital with its financial capital, and accelerate the development of its main business and establishment of a world-class brand.
 
In the meantime, the chief scientist of Sany Group Yi Xiaogang was awarded the title of “Top Ten National Outstanding Scientific Workers”. It is a life-long honor. Yi Xiaogang is the only awardee in China’s engineering machinery industry and in Hunan Province.2010 is a fruitful year. Sany continued to commit itself to promoting and leading the upgrading and advancement of equipment manufacturing industry. We seized immense opportunities and made large investments in R&D and innovation. We achieved steady growth and sound performance.
2010 is a glorious year. Premier Wen Jiabao visited Sany for the third time. Sany became the first listed company with its market cap topping RMB 100 billion. Sany’s crawler crane was selected by the Chilean government for the rescue of 33 trapped miners in San Hose Copper Mine. All these testify to Sany’s first-class products and excellent reputation at home and abroad.     
Here we have selected the top ten most influential events of Sany Group in 2010. Looking to the future, Sany will continue to work on the great goal of "becoming a world-class enterprise".
 
Annual Sales Volume of Excavators Tops 12,000 Units
By the end of December, the annual sales volume of excavators of the company had topped 12,000 units, making it more conspicuous the top brand position of Sany excavators in China. In 2009, Sany outperformed Caterpillar in market share of excavators in China and now it has been taken as a major competitor by Komatsu, the world's number one brand of excavators.
 
 
 

 

 

 

Sany Group Signs Investment Intent Memorandum with Sao Paulo State of Brazil

 

 

Sany’s First 1000-ton All-Terrain Crane Rolls off Production Line

 

 

“China Sany Natural Disaster Orphans Support Foundation” Established

 

  

Premier Wen Jiabao Talks to Workers of Sany

 

 

Hao Heng, a Sany Service Engineer, at Rescue Site of Trapped Mine Workers in Chile

 

 

Sany’s Outdoor Exhibition Area at Bauma China 2010 (Shanghai)

 

 

Inauguration of Sany Auto Finance Co., Ltd.

 

 

Executive President Yi Xiaogang Wins National Honor of “Top Ten Outstanding Scientists”