SANY Heavy Industry Crowned Top Chinese Construction Machinery Firm in Forbes Global 2000 - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # SANY Heavy Industry Crowned Top Chinese Construction Machinery Firm in Forbes Global 2000 ##### Up next ![Tribesigns and Sihoo Unveil Co-Branded Furniture Promotions to Elevate Home Office Working Experience on Prime Day](https://i0.wp.com/r2.thailandbusinessnews.net/2025/06/Tribesigns_x_Sihoo_Co_Branding_Partnership.jpg?resize=200%2C110&ssl=1 "Tribesigns and Sihoo Unveil Co-Branded Furniture Promotions to Elevate Home Office Working Experience on Prime Day") [](https://thailandbusinessnews.net/press-release/tribesigns-and-sihoo-unveil-co-branded-furniture-promotions-to-elevate-home-office-working-experience-on-prime-day/) ###### [Tribesigns and Sihoo Unveil Co-Branded Furniture Promotions to Elevate Home Office Working Experience on Prime Day](https://thailandbusinessnews.net/press-release/tribesigns-and-sihoo-unveil-co-branded-furniture-promotions-to-elevate-home-office-working-experience-on-prime-day/) Published on 26 June 2025 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) ![](https://mma.prnasia.com/media2/1518641/logo_Logo.jpg?p=medium600 "logo") CHANGSHA, China, June 26, 2025 /PRNewswire/ — SANY Heavy Industry (600031.SS) has been recognized as China’s premier construction machinery manufacturer in Forbes’ 2025 Global 2000 list, ranking 956th position worldwide. The prestigious list evaluates companies based on four key metrics: sales, profits, assets, and market value, with data calculated from the latest 12-month financial results as of April 25, 2025. This achievement underscores SANY’s leadership credentials in the global heavy machinery industry, validating its forward-looking "Globalization, Digitalization, and Decarbonization" strategy and reinforcing confidence in its innovation-driven, high-quality growth. [ ![Strategic Innovations Fuel High-Quality Development](https://mma.prnasia.com/media2/2719974/Strategic_Innovations_Fuel_High_Quality_Development.jpg?p=medium600 "Strategic Innovations Fuel High-Quality Development") ](https://mma.prnasia.com/media2/2719974/Strategic_Innovations_Fuel_High_Quality_Development.html) Strategic Innovations Fuel High-Quality Development Impressive Financial Performance Drives Leadership Position During the reporting period covered by Forbes’ rankings, SANY Heavy Industry delivered robust financial results with revenues reaching $10.83 billion and profits and $830 million, respectively. The company’s assets were valued at $21.08 billion while its market capitalization stood at $22.06 billion. According to SANY’s 2024 annual report, its top revenue-generating products were excavators, concrete machinery, and cranes. Notably, net cash flow from operating activities surged to $2.07 billion, marking a remarkable year-on-year increase of 159.53%, reflecting enhanced operational efficiency. Reaffirming its commitment to shareholder value and transparent communication, SANY reported a net profit attributable to shareholders of approximately $835.66 million) for the fiscal year 2024 — a 32% year-on-year growth, further solidifying its financial resilience and strategic execution. Strategic Innovations Fuel High-Quality Development SANY Heavy Industry remains at the forefront with innovation-driven strategies focused on globalization, digitalization, and decarbonization. In the fiscal year 2024, international business revenues reached approximately $6.78 billion, reflecting a year-over-year increase of 12% and contributing nearly 64% to the company’s total main business revenue. In addition to expanding production capacity at their Phase II Lighthouse factory in Indonesia through advanced technologies such as digital twins and process simulation, SANY also achieved significant sales in new energy products totaling over $563 million. These efforts reflect the company’s commitment to environmentally friendly and resource-efficient operations. Xiang Wenbo, Chairman of SANY Heavy Industry, stated: "This ranking is a recognition of our comprehensive strength at an international level." He further emphasized that "SANY will continue advancing our three core strategies, globalization, digitalization and decarbonization development to create greater value for customers worldwide while accelerating green innovations." For more information about SANY Group, please visit [www.sanyglobal.com](http://www.sanyglobal.com/) [Source link ](https://www.prnasia.com/story/archive/4719366_AE19366_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/molicel-launches-inr-21700-m65a-and-inr-21700-p60b-pioneering-market-leading-power-for-e-bikes-and-light-electric-vehicles-2/) ![Molicel Launches INR-21700-M65A and INR-21700-P60B, Pioneering Market Leading Power for E-bikes and light electric vehicles](https://i0.wp.com/r2.thailandbusinessnews.net/2025/06/1750781692_image.jpg?resize=260%2C140&ssl=1 "Molicel Launches INR-21700-M65A and INR-21700-P60B, Pioneering Market Leading Power for E-bikes and light electric vehicles") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Molicel Launches INR-21700-M65A and INR-21700-P60B, Pioneering Market Leading Power for E-bikes and light electric vehicles TAIPEI, June 24, 2025 /PRNewswire/ — Molicel, a global leader in high-performance… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - June 24, 2025 [](https://thailandbusinessnews.net/press-release/app-group-introduces-foopak-bio-natura-revolutionizing-sustainability-in-singapores-fast-food-industry/) ## APP Group Introduces Foopak Bio Natura: Revolutionizing Sustainability in Singapore's Fast Food Industry JAKARTA, Indonesia, Feb. 17, 2025 /PRNewswire/ — The Singapore food service market… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - February 17, 2025 [](https://thailandbusinessnews.net/press-release/kingsoft-cloud-announces-unaudited-first-quarter-2026-financial-results/) ## Kingsoft Cloud Announces Unaudited First Quarter 2026 Financial Results BEIJING, May 27, 2026 /PRNewswire/ — Kingsoft Cloud Holdings Limited ("Kingsoft Cloud"… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - May 27, 2026 ##### Most Read - [![Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/priority-pass-to-accelerate-travel-innovation-backed-by-the-collinson-groups-500-million-growth-programme-2/ "Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme") [Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme](https://thailandbusinessnews.net/press-release/priority-pass-to-accelerate-travel-innovation-backed-by-the-collinson-groups-500-million-growth-programme-2/ "Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme") - [![DORCO Tinkle Is Awarded with 2026 IDEA Finalist for Brand Renewal](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/dorco-tinkle-is-awarded-with-2026-idea-finalist-for-brand-renewal/ "DORCO Tinkle Is Awarded with 2026 IDEA Finalist for Brand Renewal") [DORCO Tinkle Is Awarded with 2026 IDEA Finalist for Brand Renewal](https://thailandbusinessnews.net/press-release/dorco-tinkle-is-awarded-with-2026-idea-finalist-for-brand-renewal/ "DORCO Tinkle Is Awarded with 2026 IDEA Finalist for Brand Renewal") - [![DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/dorco-wins-2026-red-dot-award-for-renewed-corporate-identity/ "DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity") [DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity](https://thailandbusinessnews.net/press-release/dorco-wins-2026-red-dot-award-for-renewed-corporate-identity/ "DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity") - [![Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/dragonpass-ai-is-shifting-the-membership-economy-from-perks-redemption-to-personalized-experiences/ "Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences") [Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences](https://thailandbusinessnews.net/press-release/dragonpass-ai-is-shifting-the-membership-economy-from-perks-redemption-to-personalized-experiences/ "Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences") - [![Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material](https://i0.wp.com/r2.thailandbusinessnews.net/2025/04/MODERN_MEADOW_LOGO_BLACK_PNG_Logo.jpg?fit=597%2C138&ssl=1&resize=40%2C40)](https://thailandbusinessnews.net/press-release/modern-meadow-and-bellroy-partner-on-carry-products-made-of-next-generation-material/ "Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material") [Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material](https://thailandbusinessnews.net/press-release/modern-meadow-and-bellroy-partner-on-carry-products-made-of-next-generation-material/ "Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material") - [![Stelliers Asia 2026 Celebrates the Region's Leading Hoteliers at Grand Awards Ceremony in Bangkok](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/stelliers-asia-2026-celebrates-the-regions-leading-hoteliers-at-grand-awards-ceremony-in-bangkok/ "Stelliers Asia 2026 Celebrates the Region's Leading Hoteliers at Grand Awards Ceremony in Bangkok") [Stelliers Asia 2026 Celebrates the Region's Leading Hoteliers at Grand Awards Ceremony in Bangkok](https://thailandbusinessnews.net/press-release/stelliers-asia-2026-celebrates-the-regions-leading-hoteliers-at-grand-awards-ceremony-in-bangkok/ "Stelliers Asia 2026 Celebrates the Region's Leading Hoteliers at Grand Awards Ceremony in Bangkok") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/bolttech-and-bold-penguin-enter-global-strategic-partnership/) ![bolttech and Bold Penguin enter global strategic partnership](https://i0.wp.com/mmx.prnasia.com/media/MS2000426/image.jpg?resize=260%2C140&ssl=1 "bolttech and Bold Penguin enter global strategic partnership") ## bolttech and Bold Penguin enter global strategic partnership Recognized insurtech leaders to develop joint commercial and personal lines offering,… [](https://thailandbusinessnews.net/press-release/cometapi-delivers-unified-access-to-frontier-ai-models-to-empower-developers/) ## CometAPI Delivers Unified Access to Frontier AI Models to Empower Developers CometAPIis a platform that platform brings multimodal models and newly released… [](https://thailandbusinessnews.net/press-release/milliken-showcased-maxcell-at-data-centre-world-asia-2026-helping-southeast-asia-meet-growing-ai-infrastructure-demands/) ![Milliken Showcased MAXCELL® at Data Centre World Asia 2026, Helping Southeast Asia Meet Growing AI Infrastructure Demands](https://i0.wp.com/mmx.prnasia.com/media/MS1999521/20260930040112EDT_image_1.jpg?resize=260%2C140&ssl=1 "Milliken Showcased MAXCELL® at Data Centre World Asia 2026, Helping Southeast Asia Meet Growing AI Infrastructure Demands") ## Milliken Showcased MAXCELL® at Data Centre World Asia 2026, Helping Southeast Asia Meet Growing AI Infrastructure Demands SINGAPORE, Oct. 1, 2026 /PRNewswire/ — As investment in AI, cloud computing,… [](https://thailandbusinessnews.net/press-release/lg-energy-solution-partners-with-indigotech-to-explore-46-series-cylindrical-battery-supply-for-u-s-commercial-electric-vans/) ## LG Energy Solution Partners With indiGOtech to Explore 46-Series Cylindrical Battery Supply for U.S. Commercial Electric Vans SEOUL, South Korea, Oct. 1, 2026 /PRNewswire/ — LG Energy Solution today…