Sany Heavy Industry Co Ltd - Company Profile
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Sany Heavy Industry Co Ltd (SHI), a subsidiary of Sany Group Co Ltd, is a manufacturer and supplier of construction machinery and accessories. Its product portfolio includes earthmoving machinery, concrete machinery, excavators, cranes, road machinery, piling machinery, emergency rescue equipment, and dump trucks. The company offers its services through various stages including the pre-sale and after-sale services for its customers. SHI distributes its products through its Sany Heavy Industry 6S centers which operate various sales branches, service centers, and technical service engineers. It owns and operates R&D centers and manufacturing plants in India, the US, Germany, and Brazil. SHI is headquartered in Beijing, China.
Headquarters
China
Address
No. 8 Beiqing Road, Huilongguan Town Changping District, Beijing, 010-102206
Website
www.sany.com.cn
Telephone
86 010 60737888
No of Employees
28,469
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
600031 (SHA)
Revenue (2024)
$12.5B
14.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
40.7%
(2024 vs 2023)
Market Cap*
$25.5B
Net Profit Margin (2024)
XYZ
23.0%
(2024 vs 2023)
* As of and is in US$
Sany Heavy Industry Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Concrete Machinery: | Maintenance |
| Truck Mounted Concrete Pump | MySANY |
| Trailer Pump | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, SANY Marine signed a procurement agreement with Hanseatic Global Terminals to supply 26 units of port equipment for a South American container terminal, including six quay cranes and 20 rubber-tired gantry cranes. |
| 2026 | Others | In August, SANY Heavy Industry delivered 40 units of SW970E electric wheel loaders to a rice mill in Thailand. |
| 2026 | Contracts/Agreements | In April, the company and Promay signed an agreement for localization of production of multiple models of all-terrain cranes in Europe. |
Competitor Comparison
| Key Parameters | Sany Heavy Industry Co Ltd | Komatsu Ltd | Hitachi Construction Machinery Co Ltd | Zoomlion Heavy Industry Science and Technology Co Ltd | J C Bamford Excavators Ltd |
|---|---|---|---|---|---|
| Headquarters | China | Japan | Japan | China | United Kingdom |
| City | Beijing | Minato | Taito-Ku | Changsha | Rocester |
| State/Province | Beijing | Tokyo | Tokyo | Hunan | Staffordshire |
| No. of Employees | 28,469 | 67,279 | 25,304 | 35,344 | 11,125 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Xiang Wenbo | Chairman | Executive Board | 2022 | 64 |
| Yi Xiaogang | Chief Executive Officer; Director | Executive Board | 2022 | 63 |
| Liu Hua | Chief Financial Officer; Senior Vice President | Senior Management | 2022 | 50 |
| Yu Hongfu | Director; Vice Chairman; President | Executive Board | 2022 | 64 |
| Qin Zhiyu | Secretary | Senior Management | 2025 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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