On July 28, the 17th "Information Release Conference for China's Top 100 Machinery Industry Enterprises, Top 20 Complete Vehicle Enterprises and Top 30 Parts Enterprises of the Automotive Industry" was grandly held in Deyang, Sichuan Province. At the conference, the lists of the 2020 China Top 100 Machinery Industry Enterprises, Top 20 Complete Vehicle Enterprises and Top 30 Parts Enterprises of the Automotive Industry were announced. Sunward ranked 49th among the top 100 machinery industry enterprises with revenue of 9.377 billion yuan, rising another 3 places compared with 2019.

It is understood that the conference was held to summarize the achievements of the machinery industry over the past year, further leverage the exemplary and leading role of backbone enterprises in the industry, guide industry enterprises to continue to become stronger, better and larger, accelerate industrial transformation and upgrading, cultivate new drivers of development, and promote high-quality development of the industry. All 150 listed enterprises are outstanding representatives of the industry in deeply advancing structural adjustment, transformation and upgrading, and quality and efficiency improvement, and are the backbone and important pillars of the industry's sustained, stable and healthy development.

01 | Growth amid the pandemic, production capacity continues to be released

The top 100 list was released based on the previous year's business performance data. In 2020, amid the complex and volatile external situation and the impact of the pandemic, enterprises faced numerous business risks. In the face of unprecedented difficulties, all cadres and employees of Sunward united as one and rose to the challenge, achieving growth beyond expectations and setting a new record high. The company achieved annual revenue of 9.377 billion yuan, a year-on-year increase of 26.25%.

△Sunward series rotary drilling rigs.

It is worth mentioning that in 2021, the Phase III project of Sunward Industrial City has started full-scale construction, which will add new momentum to the company's development. Products independently produced and developed by Sunward, such as hydraulic static pile drivers, rotary drilling rigs and excavators, are well received by the market, especially showing outstanding advantages in complex geology and complex working conditions. In its past development, the company's production capacity and orders have long been in a saturated state.

△Rendering of the Phase III project of Sunward Industrial City.

In 2020, Sunward moved its global headquarters to Sunward Industrial City, with corresponding improvements in land scale and automation level, effectively solving the problem of limited production capacity and achieving leapfrog improvement in the production capacity of the entire product line. With the gradual construction and commissioning of the Phase III project of Industrial City, the market supply shortage will be further alleviated.

02 | To be a creator of world value in the equipment manufacturing field

From the perspective of industry development patterns, entering the international market is the inevitable path for China's equipment manufacturing enterprises, and is also where listed companies' future profit growth and growth rates lie. Under last year's complex and volatile situation, Sunward's counter-trend growth was inseparable from the support of its internationalization strategy. The localization strategy greatly reduced the impact of the global pandemic on overseas trade, and Sunward achieved counter-trend growth in Europe, the United States, Thailand and other regions in 2020.

△The world's largest walking rotary drilling rig SWD600W.

As early as the company's founding, Sunward's English name was set as "SUNWARD". Chairman He Qinghua positioned Sunward for international development from the very beginning, and on this basis proposed the corporate mission and vision of "being a creator of world value in the equipment manufacturing field". At present, in overseas markets, Sunward has formed a certain scale of overseas subsidiaries, offices and agents, with business covering more than 180 countries and regions. Through the implementation of the localization strategy, the number of localized employees in many of Sunward's overseas subsidiaries has continued to increase, and senior foreign general managers of subsidiaries have been introduced.

△Construction site of the pile foundation project of the Malaysia East Coast Rail Link undertaken by Sunward International's Malaysian subsidiary.

With the continuous advancement of localization, Sunward is also constantly writing its own page in the history of world construction machinery development.

■  As early as 2004, in a competition with the foreign brand Atlas, the DTH drilling rig won recognition from the century-old company Huaxin Cement, establishing the brand of Sunward DTH drilling rigs;

■ In 2014, Sunward's first rotary drilling rig landed in South Korea, punching a hole in the sky of South Korea's pile-driving and grouting equipment market monopolized by Japan;

■ In 2015, the company's "multi-way valve for construction machinery and engineering vehicles" project won the national "Industrial Transformation and Upgrading Foundation Strengthening Project"; a certain model of military product of the company achieved batch delivery; the company's hybrid excavator achieved small-batch production and sales, being a truly industrialized energy-saving and environmentally friendly excavator in China, with energy recovery and utilization technology at the international leading level;

■In 2017, the world's largest walking rotary drilling rig SWDM600W was grandly released;

■ In 2020, Sunward's tail-less mini excavators were shipped to Japan, making it the first well-known Chinese excavator brand to enter the Japanese market.

Records are too numerous to mention one by one. Relying on its pioneering innovation advantages and under the leadership of He Qinghua, Sunward's brand has gained recognition from global customers while opening up international markets. On September 17, 2020, General Secretary Xi Jinping inspected Sunward in the rain and delivered an important speech, expressing great appreciation for Sunward's entrepreneurial spirit and pioneering spirit of starting from nothing, and highly affirming Sunward's 21 years of focus on innovation and deep roots in industry. In the next stage, Sunward will live up to the General Secretary's expectations, adhere to the path of independent innovation, focus on the "one point, three lines" strategy, and unswervingly become stronger, better and larger, contributing to building a manufacturing powerhouse.

Click the link below to learn more about Sunward!

Sunward Official Website