Top 10 richest families in China
- By Xu Lin
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E-mail China.org.cn, July 27, 2011
Liang Wengen & family 梁稳根家族
Company: Sany Heavy Industry Co. Ltd. and other companies 三一重工股份有限公司等
Shares: 36.6%
Wealth: 59.8 billion yuan (US$9.2 billion)
Invested by Sany Group, Sany Heavy Industry Co., Ltd. was founded in 1994, with the headquarters located in Changsha, Hunan Province. It is mainly engaged in the field of engineering machinery manufacturing, with products including construction equipments, road construction equipments, crane machinery, and pile driving machinery, covering 26 categories and more than 200 types. The company was listed on the Shanghai Stock Exchange on July 3, 2003.
In 2010, the operating income of the company reached 33.955 billion yuan, 78.9% higher than 2009. Its net profit reached 5.6 billion yuan in 2010, 112.7% higher than the previous year. The company has also invested in India, US, Germany and Brazil, and built R&D and manufacturing plants there.
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