Core Viewpoint - Sany Heavy Industry (06031) has officially listed its shares at a price of HKD 21.30 per share, issuing a total of 632 million shares, resulting in net proceeds of approximately HKD 13.307 billion [1] Company Overview - Founded in 1989, Sany Group is a leading enterprise in the global construction machinery industry, focusing on the research, manufacturing, sales, and service of a full range of construction machinery products including excavators, concrete machinery, cranes, piling machinery, and road machinery [1] - Based on cumulative revenue from core construction machinery products from 2020 to 2024, Sany is the third largest globally and the largest in China in the construction machinery sector [1] Market Presence - Sany Heavy Industry's products have been sold to over 150 countries and regions worldwide, with overseas market revenue accounting for 57.4% of total revenue for the four months ending April 30, 2025 [1] - The company's products are trusted by global customers, participating in several iconic global projects such as the Hong Kong-Zhuhai-Macao Bridge, London Olympic venues, Burj Khalifa, and Beijing Olympic venues [1]