SANY(SH:600031) Xin Lang Cai Jing·2025-10-20 00:02Group 1 - The company SANY Heavy Industry (06031) plans to conduct an initial public offering (IPO) from October 20 to October 23, 2025, with a global offering of 580 million H-shares [1] - Approximately 10% of the shares will be offered in Hong Kong, while 90% will be available for international investors [1] - The proposed price range for the shares is between 20.3 and 21.3 Hong Kong dollars, with a minimum lot size of 200 shares [1] Group 2 - Established in 1994, the company is a leading player in the global engineering machinery industry driven by innovation [1] - The company focuses on the research, development, manufacturing, sales, and service of a full range of engineering machinery products, including excavators, concrete machinery, cranes, pile machinery, and road machinery [1]