| SANY Heavy Industry listed in China Top 100 Enterprises |
Recently, world-renowned business magazine ¡°Forbes¡± released its ¡°China Top Enterprises of 2007¡±. SANY Heavy Industry ranks 70th in the list and becomes the only listed company in Hunan province.
The qualified ¡°Forbes Top Enterprises¡± should be those private companies whose main business is in China mainland and with sales revenue of more than 3 billion RMB in 2006. This year, the average total assets, sales volume and profit of listed companies are 20.5 billion RMB, 13.5 billion RMB and 1.01 billion RMB respectively.
From 2004 to 2006, the sales volume and profit of SANY realized 52% and 94% growth. In 2006, its sales volume amounts to 4.6 billion RMB, and profit is 0.68 billion RMB with a profit ration of 59%.
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