September 28, 2016 6:12 PM ET

Machinery

Company Overview of SANY Group Co., Ltd.

Company Overview

Sany Group Co. Ltd. engages in the research, development, manufacture, and distribution of construction machinery for customers in China and internationally. The company offers concrete machinery that include truck-mounted concrete pumps, trailer-mounted concrete pumps, and mobile mortar plants, and PC equipment solutions, as well as concrete placing booms, batching plants, and mixer trucks; excavators that comprise hydraulic excavators; hoisting machinery, which consist of truck, rough-terrain, all-terrain, crawler, and truck-mounted cranes; and pile driving machinery that include rotary drilling rigs. It also provides road construction machinery, which comprise rollers, graders, pavers, a...

SANY Industrial Park

Economic and Technological Development Zone

Changsha,  410100

China

Founded in 1989

Phone:

86 73 1840 31888

Fax:

86 73 1840 31999

Key Executives for SANY Group Co., Ltd.

Chief Executive Officer and Director
President and Director
Age: 54
Founder, Chairman, and Chairman of Sany Heavy Industry
Director and President of Sany Heavy Industry
Age: 54
Asian-Pacific General Manager
Compensation as of Fiscal Year 2016.

SANY Group Co., Ltd. Key Developments

Sany Group and Power Construction Corporation of China Sign a Strategic Cooperation Agreement

Sany Group and Power Construction Corporation of China (Power China) signed a strategic cooperation agreement, marking deeper cooperation between the two sides in wider areas in the future. Sany has been a major engineering machinery supplier for Power China, and they developed the Adama Wind Farm second phase project in Ethiopia. A total of 102 Sany wind turbines were used and the installed capacity of 153 MW enables the Adama Wind Farm to meet 20% of power demand in Ethiopia's capital, Addis Ababa.

Sany to Invest USD 3 Billion in India's Renewable Energy

Sany Group plans to invest USD 3 billion in India's renewable energy sector. The investment will be made from 2016 to 2020 and is expected to newly add 2,000 Mw electric power generation capacity and provide 1,000 jobs for India.

Sany Group to Invest $5 Billion in Indian Clean Energy Market

Sany Group is planning to inject close to $5 billion in the Indian renewable energy market. Of the total proposed investment, around $3 billion will be used to install 2,000MW of capacity between 2016 and 2020, creating 1,000 jobs. The remainder $2 billion will be invested in solar power and equipment. Sany will also install off-shore wind power generation technologies.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 19, 2016
Shenzhen Sany Technology Co., Ltd.
 

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