About SANY INT'L Company

Sany Heavy Equipment International Holdings Limited (hereinafter referred to as “Sany International” or the “Company”) was established in the Cayman Islands on July 23, 2009. On November 25, 2009, Sany International was officially listed on the main board of the Hong Kong Stock Exchange Limited (hereinafter referred to as the “Stock Exchange”). On September 10, 2018, Sany International was officially transferred to the Hong Kong Stock Connect stock list under the Shenzhen-Hong Kong Stock Connect. The core business of the Company and its subsidiaries (hereinafter referred to as the “Group”) includes mining equipment, logistics equipment, oil and gas equipment and emerging industries (covering lithium battery equipment, solar modules and hydrogen production equipment). The Group covers coal machinery, non-coal mining, mining vehicles, robots and smart mining and accessories in the field of mining equipment, as well as the provision of related services. The Group is the first company in China that can provide integrated mining equipment, transportation equipment and complete solutions. The Group has developed a variety of intelligent excavation, mining machines, pure electric wide-body vehicles, and intelligent driverless wide-body vehicles, leading the industry to rapidly develop in the direction of integrated, electrified, intelligent, energy-saving and green mining. Smart mining products cover the three major product categories of integrated mining automation, driverless driving and smart mining. The aim is to accelerate research and development (“R&D”) of equipment with intelligent technologies such as sensing, analysis, autonomous decision-making and automatic control, and to develop driverless scheduling systems and mine operation management systems. Build a digital mine to achieve unmanned mine production. The robotics business focuses on three segments: robot system integration, mobile robots, and electric forklifts. Actively build on industry practices and development needs, explore intelligent application scenarios, and enable the transformation and upgrading of electrified, intelligent, and unmanned intelligent manufacturing. The Group is committed to developing electrified, unmanned, smart ports and accessories and providing related services in the field of logistics equipment. This includes container equipment (front cranes, forklifts, shore gantry cranes), bulk equipment (grinders, elevated cranes), and general equipment (heavy forklifts, telescopic forklifts). The Group is one of the largest domestic suppliers of complete port machinery equipment with the largest production tonnage, the most complete range and the most advanced technology. On April 12, 2023, the Company entered into a sales agreement with Sany Perpetual Enterprise Holdings Company Limited in connection with the acquisition of all issued share capital of Sany Petroleum Technology Hong Kong Limited (“Sany Petroleum”) at a cost of RMB 2980 million. The acquisition was completed on June 10, 2023. After completion, Sany Petroleum became a wholly-owned subsidiary of the Company. The company expanded its business into the oil and gas equipment business, including complete fracturing equipment, automation equipment for drilling and repair machine columns, and technical services related to oil and gas fields. The Group is also trying to deploy in fields such as photovoltaics, hydrogen energy, and lithium battery equipment to seek opportunities in the global energy transition. The Group continues to increase exploration in product digital intelligence, low carbon and globalization, strengthen product planning teams and digital capacity building, continue to export new products and technologies, improve service quality, meet the diverse product needs of customers, and create value for customers. Seize the window opportunities of the changes of the times and industry transformation, and implement cost reduction and efficiency in the entire process of R&D, manufacturing, supply chain, and service, so as to achieve high-quality business development.