SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
SDLG has set itself a target to become China’s number one construction brand by 2021. Shandong Lingong Construction Machinery (known as Lingong), said it is already spending 10% of its sales revenues on research and development, and it claims up to 70% market share in a number of countries for its wheeled loaders, its largest-selling product.
XCMG claims it is well positioned to capitalise on demand from the crane sector. The global crane industry experienced rapid growth before 2005, and a market rebound between 2005 and 2010. Meanwhile, construction projects have encouraged innovation in large-scale hoisting technology, and companies have responded with higher speeds, new crane categories and improved tonnage. From 2010-2012, the demand for cranes reduced due to the tight macro-economic environment both at home and abroad, but the supply capac
