Sany Heavy Industry updates on share repurchase program

Sany Heavy Industry Co., Ltd. disclosed that as of the end of September 2025, it had not executed any share repurchases during that specific month. However, since the program's inception, the company has cumulatively repurchased 72.68 million shares, representing 0.86% of its total share capital. The total amount spent on these repurchases stands at CNY 1,355.37 million.

The repurchases were executed within a price range of CNY 17.39 to CNY 19.39 per share. The company's board initially approved the repurchase plan on April 3, 2025, with a target repurchase amount ranging from CNY 1 billion to CNY 2 billion. The maximum repurchase price was capped at CNY 29.10 per share.

The repurchased shares are intended for use in an employee stock ownership plan. 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 its information disclosure obligations.