SANY(SH:600031) Huan Qiu Lao Hu Cai Jing·2025-04-07 11:16Group 1 - Sany Heavy Industry plans to repurchase shares worth between 1 billion to 2 billion yuan, with a maximum repurchase price of 29.10 yuan per share, representing a 52% premium over the closing price of 19.1 yuan on April 3 [1] - The repurchase will utilize new bank loans or other funding sources, with a commitment letter from Industrial and Commercial Bank of China providing up to 630 million yuan in special loans for a three-year term [1] - The company intends to issue H-shares not exceeding 10% of the total share capital post-issuance, with potential issuance between 800 million to 900 million shares [1] Group 2 - Sany Heavy Industry is a leading enterprise in the domestic construction machinery industry, with a market capitalization exceeding 150 billion yuan [2] - The company experienced a decline in revenue from 1,061.13 billion yuan in 2021 to 740.19 billion yuan in 2023, although net profit slightly increased by 5.53% to 45.27 billion yuan in 2023 [2] - In the first three quarters of 2024, the company reported a revenue of 58.36 billion yuan, a year-on-year increase of 3.92%, and a net profit of 4.868 billion yuan, a year-on-year increase of 19.66% [2]