Sany Heavy Industry updates on A-share repurchase program

Sany Heavy Industry Co. Ltd. announced that as of the end of November 2025, it had not implemented any share repurchases during November. The company has cumulatively repurchased 72,679,200 A-shares, representing 0.86% of its total A-share capital. The highest price paid for these shares was 19.39 yuan/share, and the lowest was 17.39 yuan/share.

The total amount expended for these repurchases, excluding stamp duty and transaction commissions, stands at 1,355,368,700 yuan. The company's A-share repurchase plan was initially disclosed on April 4, 2025, with an expected repurchase amount ranging from 1bn to 2bn yuan, to be utilized for employee stock ownership plans or equity incentives. The repurchase period spans from April 3, 2025, to April 2, 2026.

Sany Heavy Industry confirms that its repurchase progress adheres to relevant laws, regulations, and the company's approved repurchase plan. The company will continue to make repurchase decisions based on market conditions within the specified timeframe and will provide timely disclosures.