Sany Heavy plans Hong Kong Stock Exchange listing

Sany Heavy Industry Co., Ltd. (SSE:600031) announced it is planning to list on the Hong Kong Stock Exchange (HKEX) through an overseas issuance of H shares. The company is currently in discussions with relevant intermediaries regarding the specifics of the potential listing, which aims to further its global strategy, connect with overseas capital markets, and improve corporate governance. The proposed H-share listing is subject to board and shareholder approval, as well as regulatory approvals from the China Securities Regulatory Commission and the HKEX. The company cautioned investors about uncertainties related to the approvals and implementation of the listing, vowing to fulfill its information disclosure obligations in a timely manner.