September 4, 2023, Hunan: SANY Group, a renowned heavy machinery manufacturer, has once again clinched a spot on the distinguished list of "Forbes China Best Employers" for 2023. This year, the accolade awarded to the company is particularly noteworthy - "China's Best Employer in Innovative Practices for 2023." Intriguingly, SANY stands out as the only equipment manufacturing enterprise to have secured this title.
The recognition by Forbes China, in partnership with global leadership consulting firm Luosheng Consulting, carries significant weight in the region. The annual assessment, considered one of the most influential rankings focusing on employer branding, witnessed the participation of nearly 500 enterprises. Throughout a comprehensive four-month process, around 100,000 individuals were involved in the research. Feedback was garnered from both employers and employees, using methods such as open applications and questionnaire surveys.
SANY's award is not just a mere title. It echoes the corporation's outstanding achievements in the realm of innovation. The acknowledgment is a testament to the commendation and recognition SANY has received from industry experts, human resource academics, and its very own employees.
Consistently, SANY Group has prioritized research and development (R&D) as its primary driving force. Remarkably, about 5% of the company's annual sales revenue is dedicated to R&D efforts. As a result, the company boasts a formidable R&D team, numbering over ten thousand professionals, leading the Chinese engineering machinery sector to global prominence repeatedly.
Furthermore, the corporation's commitment to fostering talent and innovation is evident through initiatives such as the Future Leaders Innovation Competition and several training programs. These endeavors aim to discover, nurture, and sustain talent, ensuring a continuous stream of innovative vigor for the company.
Embodying a core value of prioritizing its workforce, SANY remains steadfast in its approach of valuing talent and hard work. The company ardently believes in aiding its employees in achieving success, fostering an environment of mutual growth, and ensuring a shared vision for a prosperous future.