Business
Sany Heavy Industry Co., Ltd.'s Hong Kong IPO: "A+H" Dual Platform Anchors a New Journey of Globalization
On October 28, Sany Heavy Industry Co., Ltd. (6031.HK) was officially listed on the Main Board of HKEX (Hong Kong Exchanges and Clearing Limited).
About this update from Sany Heavy Industry Co., Ltd. Class A
[{"type":"text","content":"HONG KONG, Oct. 30, 2025 /PRNewswire/ -- On October 28, Sany Heavy Industry Co., Ltd. (6031.HK) was officially listed on the Main Board of HKEX (Hong Kong Exchanges and Clearing Limited).","length":202,"tagName":"p"},{"type":"text","content":"The listing marks a pivotal step in the company's capital deployment and globalization strategy, coming 21 years after its July 3, 2003, listed on the Shanghai Stock Exchange (600031.SH). It also finalizes the company's A+H dual-listing framework—a key milestone for its global expansion.","length":296,"tagName":"p"},{"type":"text","content":"On the morning of the listing, government officials, business partners, intermediaries, and Sany Heavy Industry Co., Ltd.'s management joined the ceremony at HKEX to mark the occasion. At 9:30 a.m., Mr. Xiang Wenbo, Rotating Chairman of SANY Group and Chairman of Sany Heavy Industry Co., Ltd., together with Mr. Yu Hongfu, Director of SANY Group and President of Sany Heavy Industry Co., Ltd., struck the gong at the trading hall, signaling the firm's entry into international capital markets and the start of a new global growth phase.","length":550,"tagName":"p"},{"type":"text","content":"At the listing ceremony, Mr. Xiang Wenbo remarked: "Sany Heavy Industry Co., Ltd.'s listing in Hong Kong is both the fulfillment of opportunities and the reward for our relentless efforts. It represents not only the capital market's recognition of SANY's high-quality development but also a historic opportunity for Sany Heavy Industry Co., Ltd. to explore broader international financing channels and embrace a larger global market. SANY will leverage Hong Kong, which is a 'super connector' for international capital, continue advancing the strategy of globalization, digitalization, and decarbonization. Through innovative technology and outstanding, solid performance, we will reward investors' trust and support, contribute SANY's strength to the construction of the international financial center of Hong Kong, and inject SANY's energy into global sustainable development."","length":921,"tagName":"p"},{"type":"text","content":"For the H-share offering, Sany Heavy Industry Co., Ltd. offered approximately 632 million H-shares globally, with a 15% over-allotment option, at an offering price of HKD 21.30 ...