What does 980k mean in numbers?

Understanding Numerical Values and Corporate Solutions

Table of Contents

  1. 980k>Meaning of 980k in Numbers
  2. Used XCMG & SANY Company Solutions
  3. References

Meaning of 980k in Numbers

The term 980k is a shorthand representation often used in finance and business to denote the number 980,000. Here, 'k' stands for 'kilo', a metric prefix indicating multiplication by one thousand. Therefore, 980k equals 980,000.

For a clearer understanding of how numerical shorthand works, consider the following example: If someone earns a salary of 980k annually, it means their salary is $980,000 per year.

Analyzing the numerical value of 980k:

  • Position Value: The digit '9' is in the hundred-thousands place, signifying 900,000.
  • The digit '8' is in the ten-thousands place, adding 80,000 to the total.
  • The final digit '0' is in the thousands place, contributing nothing additional in this context.

Thus, the total sum of the numerical figures results in 980,000.

Used XCMG & SANY Company Solutions

Both XCMG and SANY are distinguished companies in the heavy machinery sector, providing innovative solutions for construction and engineering needs.

XCMG Solutions

XCMG offers a range of products including cranes, loaders, and excavators, which are utilized in numerous large-scale construction projects globally. With an emphasis on quality and efficiency, XCMG machinery is renowned for its durability and advanced features.

  • Cranes: Influential in transforming urban skylines through skyscraper construction.
  • Loaders: Efficient in material handling and transport operations.
  • Excavators: Highly capable in various earth-moving tasks.

SANY Solutions

SANY stands out for its focus on technological advancements in construction machinery, offering machines that ensure high performance and safety standards. SANY's portfolio includes concrete machinery, excavators, and road machinery.

  • Concrete Machinery: Essential for various concrete mixing and delivery tasks.
  • Excavators: Available in multiple sizes to suit diverse project requirements.
  • Road Machinery: Designed for rural and urban road construction and maintenance.

Both companies prioritize innovation and sustainability, ensuring their machinery meets modern-day challenges.

References

Information sourced from:

  • Financial and Metric Conventions
  • XCMG Official Product Documentation
  • SANY Official Product Specifications
  • Industry Reports on Construction Machinery Trends
Used XCMG & SANY brand gives you a solution