Group 1 - The company announced on January 16 that it will hold its 15th meeting of the second board of directors on January 15, 2026, to review the proposal for using idle self-owned funds to purchase financial products [1] - The total amount approved for investment in financial products is up to RMB 400 million, which includes the principal [1] - The financial products targeted for investment are low to medium risk with high safety and liquidity, including but not limited to agreed deposits, seven-day notice deposits, structured deposits, large certificates of deposit, income certificates, bond investments, money market fund investments, and entrusted financial management [1] Group 2 - The investment products will have a maturity period of no more than 12 months, and the resolution is valid for 12 months from the date of approval by the board of directors [1] - Within the approved amount and time frame, the company can use the funds in a rolling manner [1]

Core Viewpoint - The company announced plans to use up to RMB 12 billion of temporarily idle self-owned funds for entrusted wealth management, focusing on low to medium-risk financial products with high safety and good liquidity [1] Group 1: Investment Strategy - The company and its subsidiaries will invest in low to medium-risk financial products, including but not limited to bond investments, money market fund investments, and entrusted wealth management products [1] - The board of directors has approved this proposal, and it does not require submission to the shareholders' meeting for further approval [1]

Core Viewpoint - The company has approved a plan to use up to RMB 12 billion for entrusted wealth management, focusing on low to medium-risk financial products [1] Group 1: Financial Strategy - The board of directors approved the use of self-owned funds for wealth management, with a maximum amount not exceeding RMB 12 billion [1] - Investment products will include high-security, good liquidity, and relatively high-return low to medium-risk financial products such as bond investments, money market funds, financial institution wealth management products, trust products, and asset management plans [1] - The funding source will be the temporarily idle self-owned funds of the company and its subsidiaries, with a usage period effective for 12 months from the date of board approval [1] Group 2: Governance - The decision was made within the board's approval authority and does not require submission to the shareholders' meeting for approval [1] - The funds can be used in a rolling manner within the approved limit [1]

Core Viewpoint - Sany Heavy Energy plans to use up to RMB 9.5 billion of its own funds for entrusted wealth management, focusing on low to medium-risk financial products [1] Group 1: Investment Strategy - The investment will include high-security, good liquidity, and relatively high-return products such as bond investments, money market funds, financial institution wealth management products, trust products, and asset management plans [1] - The decision has been approved by the company's second board of directors' 25th meeting and does not require shareholder approval [1]

Core Viewpoint - The company intends to utilize temporarily idle raised funds and its own funds for cash management to enhance fund efficiency and returns while ensuring the safety of the raised funds and the normal operation of investment projects [1][4][6] Summary by Sections 1. Basic Situation of Raised Funds - The company was approved to publicly issue 25,666,700 shares at a price of RMB 80.88 per share, resulting in a net raised amount of RMB 606,213,138.68 after deducting issuance costs [1][2] 2. Investment Project Situation - The raised funds will be invested in two main projects: the development and industrialization of a laser flexible precision manufacturing control platform and the establishment of marketing and technical support networks, with a total investment of RMB 39,591.79 million [2] 3. Cash Management Basic Situation - The purpose of using idle raised funds and self-owned funds for cash management is to improve efficiency and returns without affecting the construction of investment projects or the safety of raised funds [3][4] 4. Investment Products - The company plans to invest in low-risk, high-security, and liquid financial products, including structured deposits, time deposits, and money market funds, ensuring that these funds are not used for pledging or securities investment [3][4] 5. Investment Limits and Duration - The total amount for cash management will not exceed RMB 40,000.00 million for both idle raised funds and self-owned funds, with a validity period of 12 months from the board's approval [4][5] 6. Information Disclosure - The company will comply with relevant regulations for timely information disclosure regarding cash management activities [4] 7. Implementation Method - The board has authorized the management to make decisions within the specified limits, including selecting qualified financial product issuers and signing contracts [4][5] 8. Impact on the Company - The cash management of idle funds is expected to enhance fund efficiency and returns without affecting the company's daily operations or investment projects [4][6] 9. Review by the Sponsor Institution - The sponsor institution has confirmed that the cash management plan complies with relevant regulations and will not alter the intended use of raised funds, thus protecting the interests of the company and its shareholders [6]