Business
SANY Heavy Industry Lists on Hong Kong Stock Exchange, Marking New Milestone in Global Expansion with "A+H" Dual Listing
SANY Heavy Industry (stock code: 6031.HK) was officially listed on the Main Board of the Hong Kong Stock Exchange on October 28, marking another historic milestone in the company's global journey. Following its debut on the Shanghai Stock Exchange in 2003 (stock code: 600031.SH), SANY has now achieved an "A+H" dual listing, laying a foundation for its next international growth.
About this update from Blackrock, Inc.
[{"type":"text","content":"HONG KONG, Oct. 28, 2025 /PRNewswire/ -- SANY Heavy Industry (stock code: 6031.HK) was officially listed on the Main Board of the Hong Kong Stock Exchange on October 28, marking another historic milestone in the company's global journey. Following its debut on the Shanghai Stock Exchange in 2003 (stock code: 600031.SH), SANY has now achieved an "A+H" dual listing, laying a foundation for its next international growth.","length":435,"tagName":"p"},{"type":"image","alt":"SANY Heavy Industry Achieves “A+H” Dual Listing, Embarking on a New Chapter of Globalization (PRNewsfoto/SANY Heavy Industry)","displaySize":"","headline":null,"caption":"SANY Heavy Industry Achieves “A+H” Dual Listing, Embarking on a New Chapter of Globalization (PRNewsfoto/SANY Heavy Industry)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/05f616b82027883ea47b69873a3fea76"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QjlrhLqScJBQ1y9le3jxJQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/05f616b82027883ea47b69873a3fea76","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2807230/22629947.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"SANY issued approximately 632 million H shares globally, including a 15% overallotment option, at an issue price of HKD 21.30 per share. The IPO attracted 21 cornerstone investors subscribing for a total of USD 759 million, including Temasek, BlackRock, Hillhouse, UBS Asset Management, LMR, Oaktree Capital, and others, demonstrating the strong confidence of the capital market.","length":384,"tagName":"p"},{"type":"text","content":"The listing ceremony was held at HKEX in the morning, attended by government officials, business partners, financial institutions, and SANY's senior management. Mr. Xiang Wenbo, Rotating Chairman of SANY Group and Chairman of SANY Heavy Industry, together with Mr. Yu Hongfu, Director of SANY Group and President of SANY Heavy Industry, struck the opening gong.","length":365,"tagName":"p"},{"type":"text","content":""It reflects the capital market's strong confidence in SANY's high-quality development and marks a historic opportunity to expand our international financing chann...