Sany Heavy Industry updates on share repurchase progress

Sany Heavy Industry announced its share repurchase progress as of August 2025. The company's board of directors approved a repurchase program on April 3, 2025, with a term from April 3, 2025, to April 2, 2026, aiming to repurchase shares worth CNY 1 billion to CNY 2 billion. The maximum repurchase price was set at CNY 29.10 per share, intended for an employee stock ownership plan.

As of the end of August 2025, Sany Heavy Industry has cumulatively repurchased 72.6792 million shares, representing 0.86% of its total share capital. The total amount spent on repurchases stands at CNY 1,355,368,700, excluding stamp duty and transaction commissions. The actual repurchase price range for these shares was between CNY 17.39 and CNY 19.39 per share.

The company confirmed that no shares were repurchased during August 2025. Sany Heavy Industry reiterated its commitment to comply with relevant regulations and will continue to make repurchase decisions based on market conditions, while also fulfilling information disclosure obligations.