The Top 500 Chinese Companies are Announced, and Sany is On Four Lists in a Row!

On September 11, 2024, at the 2024 China Top 500 Enterprises Summit Forum, the China Enterprise Confederation and the China Entrepreneur Association released the list of "China's Top 500 Enterprises" to the public for the 23rd consecutive time. Sany Group ranked 218th, ranking first in the construction machinery industry.

The list shows that the operating income of the top 500 Chinese enterprises in 2024 has exceeded 110 trillion yuan, reaching 110.07 trillion yuan, an increase of 1.58% over the previous year. The entry threshold has risen for 22 consecutive years, reaching 47.381 billion yuan, an increase of 383 million yuan.

At the meeting, four lists were released: "List of the Top 500 Chinese Service Enterprises in 2024", "Top 100 Chinese Multinational Corporations and Transnational Index in 2024", "List of the Top 100 Chinese Large Enterprises in Innovation in 2024", and "Top 100 Chinese Strategic Emerging Industry Leading Enterprises in 2024". Sany Group was on three of the lists, demonstrating its hard-core strength in all aspects.

In the "Top 100 Chinese Multinational Corporations and Transnational Index in 2024", Sany Group ranked 39th. At present, Sany Group is fully promoting its globalization strategy, further promoting localization through global resource allocation, better meeting the needs of global customers, and maintaining strong growth in the international market.

The "Top 100 Chinese Large Enterprises for Innovation in 2024" is generated based on the comprehensive score calculation of the evaluation indicators such as the R&D investment intensity, R&D expenses, number of invention patents, number of non-invention patents, and revenue profit margin in 2023. Sany Group has always regarded R&D and innovation as the first driving force for the development of its business. It has large R&D investment and fruitful innovation results, ranking 25th in the list.

In the "Top 100 Leading Enterprises in Strategic Emerging Industries in China in 2024", Sany Group ranked 58th. While promoting the electrification of its products, Sany Group regards the new energy industry as the main direction to achieve the second growth curve of its business, and has made positive progress in the fields of wind energy, photovoltaics, hydrogen energy, lithium batteries, energy storage, etc.

In the future, Sany will focus on the three major strategies of "globalization, digitalization, and low carbonization", continuously strengthen R&D and innovation, and promote the industry's transformation towards "high-end, intelligent, and green".
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