HONG KONG, Oct 28, 2025 – (ACN Newswire)– On October 28, Sany Heavy Industry Co., Ltd. (6031. HK) was formally noted on the Main Board of HKEX (Hong Kong Exchanges and Clearing Limited).
The listing marks an essential action in the business’s capital release and globalization method, coming 21 years after its July 3, 2003, noted on the Shanghai Stock Exchange (600031. SH). It likewise settles the business’s A+H dual-listing structure– a crucial turning point for its international growth.
On the early morning of the listing, federal government authorities, company partners, intermediaries, and Sany Heavy Industry Co., Ltd.’s management signed up with the event at HKEX to mark the event. At 9:30 a.m., Mr. Xiang Wenbo, Rotating Chairman of SANY Group and Chairman of Sany Heavy Industry Co., Ltd., together with Mr. Yu Hongfu, Director of SANY Group and President of Sany Heavy Industry Co., Ltd., struck the gong at the trading hall, indicating the company’s entry into global capital markets and the start of a brand-new worldwide development stage.
At the listing event, Mr. Xiang Wenbo said: “Sany Heavy Industry Co., Ltd.’s listing in Hong Kong is both the satisfaction of chances and the benefit for our unrelenting efforts. It represents not just the capital market’s acknowledgment of SANY’s premium advancement however likewise a historical chance for Sany Heavy Industry Co., Ltd. to check out wider global funding channels and welcome a bigger worldwide market. SANY will take advantage of Hong Kong, which is a ‘very port’ for worldwide capital, continue advancing the method of globalization, digitalization, and decarbonization. Through ingenious innovation and exceptional, strong efficiency, we will reward financiers’ trust and assistance, contribute SANY’s strength to the building of the global monetary center of Hong Kong, and inject SANY’s energy into worldwide sustainable advancement.”
For the H-share offering, Sany Heavy Industry Co., Ltd. used around 632 million H-shares worldwide, with a 15% over-allotment alternative, at an offering cost of HKD 21.30 per share. The IPO drew in 21 foundation financiers, who together subscribed for US$ 759 million worth of shares. These foundation financiers consist of Temasek, BlackRock, Infore Capital, Hillhouse, UBS Asset Management, LMR, RBC GAM, WT, Oaktree Capital, Foresight Fund, Perseverance, Greenwoods, Pinpoint, Ghisallo, Jane Street, Fenghe, Qube, Weichai Power, Dajia Insurance, Fast, and Value Partners, showing the strong self-confidence and high acknowledgment of the worldwide capital market in Sany Heavy Industry Co., Ltd.
Because its starting, Sany Heavy Industry Co., Ltd. has actually changed from a single-product, single-market gamer into a first-rate building and construction equipment company with varied offerings, international operations, and a leading market position. This development was driven by natural growth, tactical acquisitions, and joint endeavors.
Presently, Sany Heavy Industry Co., Ltd. is advancing 3 core techniques: Globalization, Digitalization, and Decarbonization. Per Frost & & Sullivan, it ranks 3rd worldwide and 1st in China for core building equipment profits (2020– 2024). Throughout the Track Record Period, items of the business have actually reached consumers in over 150 nations and regions., with 2020– 2024 international No. 1 rankings in cumulative excavator sales and concrete equipment earnings. Abroad earnings grew at a 15.2% CAGR (2022– 2024) and represented 57.4% of overall sales in the 4 months ended April 30, 2025.
On Digitalization, Sany Heavy Industry Co., Ltd. utilizes digital tech to enhance end-to-end production, operations, and services, updating factories to develop worldwide competitiveness. Since April 30, 2025, it is the only international building equipment company with 2 World Economic Forum (WEF)-accredited Lighthouse Factories– the Beijing Piling Machinery Plant and Changsha No. 18 Plant– acting as market standards for wise production.
For Decarbonization, Sany Heavy Industry Co., Ltd. is a leader in low-carbon building equipment. It released over 40 brand-new energy item designs in 2024, consisting of excavators and mixers, with brand-new energy earnings striking RMB402.5 million– well above the international market typical contribution ratio. Its electrical excavators, electrical truck mixers, and electrical dump trucks lead China in sales.
With the H-share listing as a driver, Sany Heavy Industry Co., Ltd. will deepen its 3 techniques: broadening worldwide customer reach through Globalization, enhancing competitiveness through Digitalization, and structure sustainability through Decarbonization. Net profits from the Global Offering will money 4 crucial locations– worldwide sales/service network growth, R&D improvement, abroad production capability development, and working capital replenishment– to support method execution and develop financier worth.
As the international market progresses, Sany Heavy Industry Co., Ltd. is poised to take advantage of worldwide chances. It will continue to reinforce its position as a leading worldwide building and construction equipment company, driving development through development and tactical growth.
Subject: Press release summary
Sectors: Transport & & Logistics, Automotive, Construct, Engineering, Manufacturing
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights booked. A department of Asia Corporate News Network.
