Sany Heavy Industry progresses with share repurchase plan

Sany Heavy Industry (SSE:600031) announced progress on its share repurchase plan via centralized bidding. Between April 1 and April 30, 2025, the company repurchased 5,576.76 million shares, representing 0.66% of the total share capital. The highest purchase price was CNY 19.39 per share, and the lowest was CNY 17.83 per share. The total expenditure for the month amounted to CNY 105,541.93 thousand, excluding transaction costs. The repurchase plan, approved on April 3, 2025, aims to utilize funds between CNY 1 billion and CNY 2 billion for employee stock ownership plans, with share prices capped at CNY 29.10. The company affirmed that it will continue to implement the repurchase plan in compliance with relevant regulations and disclosed as needed.