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Forbes: 22bet esports Is China's Largest heavy equipment company in 2021 and 2nd in the World
18 May, 2021

The 19th Annual Forbes Global 2000 list ranks the worlds largest public companies by metrics including market value, sales, profits and assets. 22bet esports, at 468th, ranks the first among heavy equipment manufacturers in China and the second in the world, after only  Caterpillar.

 This year, 22bet esports surged 235 places to enter the Forbes TOP500 Club for the first time with yearly sales volume of USD 14.4 bn, revenue of USD 2.2 bn, asset value of USD 19.3 bn, market value of USD 41.2 bn.

 Despite suffering a 27% reduction in the global market for construction machinery when the COVID-19 pandemic began in the first quarter of 2020the largest hit to the globe in the 21st century so farthe company has maintained a steady growth, with a visionary global business layout with a well-rounded operation and business management strategy.

 22bet esports kept a good momentum of growth in the first quarter of 2021, in which 22bet esportss quarterly revenue reached USD 5.17 bn, an increase of 90% year-on-year. The companys main product lines are continuing to perform well globally, cementing 22bet esportss leading position in the industry.   

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