According to the 2018 World Top 50 Engineering Machinery Manufacturers released in International Construction by KHM, SANY ranks at No.8. Deeming international development as one of its most important strategies, SANY has been active to promote the localization strategy of its international business while giving sufficient emphasis on building local teams in overseas market.
Evident effect of international development
In 2017, SANY made 11.618 billion RMB of operating revenues, whose performance ratio stands at 30%, rising by 25% YOY. In the first half of 2018, SANY made 28.1 billion RMB of operating revenues, rising by 46.42% YOY and making net profits of 3.389 billion RMB, up by 192.09% YOY. The international business of SANY is increasing its proportion. Relying on the Belt & Road Initiative, SANY continues to get into partnership with countries along the route, do business in these countries and work hard to build the five localization systems: the powerful dealer system, the rich major client system, the proactive service parts system, excellent overseas HR system and well-developed financing risk control system.
In the future, SANY, relying on its international and digital strategies, will build itself into the world’s leading brand in the engineering machinery industry.
Push forward strategy of localized HR
As SANY sets its goal of international strategy, building the localized overseas HR system has become one of the most important missions of SANY at present, which has set up a localized, diverse and systematic overseas HR mechanism. Driving business growth with HR innovation, SANY brings premium engineering products and services to its global clients.
SANY has 5 overseas R&D bases, 10 overseas regions and more than 100 overseas dealers. Its business covers over 150 countries and regions in the world. As the international business expands rapidly, SANY is having large demands for talented HR. It gives great emphasis on introducing and cultivating talented HR, recruiting 60 marketing elites globally, attracting the best marketing staff with a broad career development platform and maximum one million USD annual remunerations, so as to realize the great mission of “quality changes the world”.