Core Viewpoint - SANY International (00631) has seen a significant stock price increase, attributed to the successful delivery of a hybrid mining water truck to Vale, marking a milestone in their partnership and expansion in the Brazilian market [1] Group 1: Company Developments - SANY Group has successfully delivered its first hybrid mining water truck, SET150S, to global iron ore giant Vale, indicating a new level of cooperation [1] - Since the partnership began in 2021, SANY has provided over 30 pieces of equipment, including excavators and mining trucks, to Vale [1] Group 2: Market Outlook - According to a report from Credit Lyonnais, SANY International is receiving a substantial number of mining equipment orders, with an expected growth in order scale from approximately 5 billion RMB last year to three times that by 2028 [1] - The growth in after-sales service revenue is anticipated to support this increase in orders [1] - The order delivery ratio for SANY's port equipment business has reached a historical high, with order visibility extended to 2027 [1] Group 3: Financial Projections - Credit Lyonnais forecasts that SANY International's adjusted net profit will quadruple from 2024 to 2027, with over 50% of this growth expected to come from international markets [1]

Core Viewpoint - SANY International (00631) has seen a significant stock price increase, rising over 5% and currently trading at HKD 10.97, with a trading volume of HKD 146 million. The company has successfully delivered its first hybrid mining water truck, SET150S, to Vale, a global iron ore giant, marking a key milestone in their collaboration and SANY's sustainable mining solutions in the Brazilian market [1][1][1] Group 1: Company Developments - The partnership between SANY and Vale has progressed since its inception in 2021, with SANY providing over 30 pieces of equipment, including excavators and mining trucks [1][1] - SANY International is receiving a substantial number of mining equipment orders, with an expected growth in order scale from approximately RMB 5 billion last year to three times that by 2028 [1][1][1] - The company's port equipment business has achieved a record high in order delivery rates, with order visibility extending to 2027 [1][1] Group 2: Financial Projections - According to a report from Credit Lyonnais, SANY International's adjusted net profit is projected to quadruple between 2024 and 2027, with over 50% of this growth anticipated to come from international markets [1][1][1]