Mao Zhongwu Net Worth

In an attempt to speed its overseas expansion, Sany moved its headquarters to Beijing in December while still keeping most of the operations in its original home in Changsha. Still, in September, the group suffered a setback after the U.S. rejected a Sany-backed application to build a wind farm next to a U.S. military base in Oregon. The above contrasts with Sany’s successful union with China’s CITIC Private Equity Advisors to purchase Putzmeister of Germany, one of the largest concrete pump manufacturers worldwide, in a contract worth $475 million earlier last year.