SANY Heavy Industry Joins Hong Kong Stock Exchange with "A+H" Dual Listing

On October 28, 2025, SANY Heavy Industry marked a significant milestone by listing on the Hong Kong Stock Exchange Main Board. Known under the stock code 6031.HK, this move follows their initial debut on the Shanghai Stock Exchange in 2003, achieving the coveted "A+H" dual listing. This expansion aims to bolster SANY's global growth potential.

The IPO involved approximately 632 million H shares at HKD 21.30 each, attracting 21 cornerstone investors, including prominent names like Temasek and BlackRock. These investments totalled USD 759 million, reflecting the financial market's faith in SANY's strategic growth plans.

SANY's impressive global footprint is highlighted by its status as the world's third-largest construction machinery manufacturer based on core machinery revenue from 2020 to 2024, according to Frost & Sullivan. Their focus on digitalization and decarbonization positions them as leaders in the industry, evident by their two WEF-certified Lighthouse Factories.