SANY(SH:600031) Sou Hu Cai Jing·2025-10-28 06:00Core Viewpoint - Sany Heavy Industry Co., Ltd. has officially listed on the Hong Kong Stock Exchange, marking a significant step in its capital layout and globalization strategy, establishing an A+H dual-platform listing structure [1][4]. Group 1: Listing Details - The company launched approximately 632 million H-shares at an issue price of HKD 21.30 per share, with an additional 15% over-allotment option [4]. - A total of 21 cornerstone investors subscribed for shares worth USD 759 million, indicating strong confidence and recognition from the international capital market [4]. Group 2: Leadership Statements - The Chairman of Sany Group, Xiang Wenbo, stated that the listing is both a fulfillment of aspirations and a historic opportunity to access broader international financing channels [4]. - The company aims to leverage this listing to advance its globalization, digitalization, and low-carbon strategies, focusing on continuous innovation and robust performance to reward investor trust [4]. Group 3: Company Evolution - Since its establishment, Sany Heavy Industry has transformed from a single-category, single-country operation to a diversified product and global operation leader in the engineering machinery industry through internal development, strategic acquisitions, and joint ventures [5].