SANY releases its 2021 annual report

SANY Heavy Industry has released its 2021 annual report.

Last year, SANY's total sales revenue reached 16.02 billion USD with 6.82% year-on-year growth. The net profit attributable to shareholders of the listed company was 1.82 billion USD.

Continuous growth in core competencies

The report revealed that the SANY excavator achieved a sales revenue of 6.3 billion USD, a year-on-year increase of 11.25%, ranking at the top of the Chinese market for 11 consecutive years. Over 100,000 units of SANY excavators were sold globally, making it the world’s top-selling excavator for two consecutive years.

Meanwhile, SANY concrete machinery maintained its position as the world's leading brand with 4.03 billion USD in sales revenue.

SANY hoisting machinery, the top brand in China, hit 3.3 billion USD in sales revenue, a 12.62% year-on-year increase.

Progress in digital and electric transformation

In 2021, 14 new Lighthouse factories were built, improving productivity by 70% and shortening the manufacturing cycle by 70%. In the latest batch of “Lighthouse” factories in the global manufacturing industry published by the Davos World Economic Forum (WEF), SANY’s drilling machinery factory in Beijing made the list, becoming the first certified Lighthouse factory among heavy equipment manufacturers.