SANY has moved up to number 4 (from number 5) on KHL鈥檚 Yellow Table of the World鈥檚 Top 50 黑料社 Manufacturers. This is SANY鈥檚 highest-ever ranking on the table and can be attributed to an almost 40% increase in sales from $10.9 billion in 2019 to $14.4 billion in 2020. Excavator sales in particular showed a large increase and was one of the biggest contributors to SANY鈥檚 impressive growth.
While construction equipment sales reached a record high in 2019, that was before the COVID-19 pandemic took hold, and there was some worry as to how it would affect the overall industry. But the industry has been quite resilient 鈥� mainly because construction work was deemed 鈥渆ssential鈥� from the get-go 鈥� and SANY took full advantage to further establish themselves as a leader in the industry.
As countries鈥� economies start to rev back up, SANY could see their record pace extend through 2021 as they continue to leverage their models, technologies and processes into even greater advantages within the industry.