Sany Plant Roots in Brazil, Sales Revenue likely to 2 billion Yuan in 2016

www.chinaspv.com: In the midmonth of this July, Liang Wen’gen, chairman of Sany Group signed the investment agreement with the principal of Sao Paulo Investment Authority. As the agreement, Sany Group plans to invest around 300 million USD dollars in Brazil where the annual production capability of Sany Brazil will possibly reach around 3,000 units of large-scale engineering machinery products, and the revenue coming to 2 billion Yuan RMB.

In 2012, the sales income of Sany adds up to 1.05 billion Yuan in this country. According to Yuan Jinhua, chairman of Sany Brazil, the annual output capability will come to 3,000 units of large-scale engineering machinery products, and the revenue coming to 2 billion Yuan RMB since the service of the new plants in the beginning of 2016.

When mentioned the prospects, Yuan is full of confidence, he said, “Among the overseas branch office of Sany, we (Sany Brazil) are the first one to get the profits. Losses are never allowed in Sany”.
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