Sany Heavy Industry boosts H-share capital by 14.09% after option exercise

Sany Heavy Industry Co. announced an increase in its H-share capital as of November 26, 2025. The company issued an additional 89,015,600 H-shares, representing a 14.09% increase from the previously existing issued H-share capital of 631,598,800 shares on October 31, 2025. This change resulted from the partial exercise of an over-allotment option.

The transaction, which involved the issuance and allotment of H-shares, has brought the total number of issued H-shares to 720,614,400 as of November 26, 2025. The issue price for these newly issued shares was HK$21.3 per share. This strategic move aims to expand the company's capital base through the Hong Kong Stock Exchange.

The company confirmed that all necessary regulatory and legal requirements have been met, including formal approval by the board of directors and compliance with the Main Board Listing Rules. All proceeds from the share issuance have been duly received by Sany Heavy Industry, and all ownership documents are being prepared for dispatch. This issuance is expected to strengthen the company's financial position and support its ongoing operations.