
Each year, Sany Heavy Industry Co., Ltd puts 5%-7% of sales revenue into R&D.
Since the founding of Sany Heavy Industry, it has been growing at a rate of 50% annually. Despite the fact that the world economy shrank sharply in the 2008 economic crisis, Sany Heavy Industry Co., Ltd still kept the high rate of rise and the annual revenue reached 13.745 billion RMB, increased by 50.3% than that of last year. The sales revenue of 2009 amounted to RMB 16.496 billion yuan, representing an increase of 20.01% over the same period of the previous year. Increasing by 70.65% compared with 2008’s net profit, Sany Heavy Industry made a net profit of 2.629 billion yuan in 2009. In 2010, Sany Heavy Industry did not stop its steps of moving forward. The operation income reached 33.955 billion yuan, which was 78.94% higher than 2009. In terms of net profit, Sany Heavy Industry gained 5.615 billion yuan in 2010, which was 112.71% higher compared with the previous year. In stock market, Sany also performed well with earnings per share of 1.11 yuan, realizing an increase of 112.71% compared to that of 2009. And in the previous three quarters of 2011, the sales revenue rose to RMB 41.303 billion yuan, with an increase of 59.45% than that of last year. As for net profit, Sany Heavy Industry gained RMB 7.671 billion yuan during this period, which was 72.59% higher compared with the same period of 2010.


