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 (“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, robots and smart mines. The Group covers coal machinery, non-coal mining, mining vehicles, robots and smart mines in the field of mining equipment. The Group is the first company in China to provide integrated mining equipment, transportation equipment and a complete set of solutions. The Group has developed a variety of intelligent drilling, mining machines, intelligent coal mining machines, pure electric wide-body vehicles, and intelligent driverless wide-body vehicles, leading the rapid development of the industry in the direction of integrated mining, electrification, intelligence, energy saving and green mining. The Group is committed to developing electrified, unmanned and smart ports in the field of logistics equipment. This includes container equipment (frontal cranes, forklifts, shore gantry cranes), bulk equipment (grabbers, overhead cranes), and general equipment (heavy forklifts, telescopic forklifts). The Group is one of the suppliers of complete port machinery equipment with the largest production tonnage, the most complete range and the most advanced technology in China. The Group's robotics business focuses on three major business segments: robot system integration, mobile robots and electric forklifts. Actively build on industry practice and development needs, explore smart application scenarios, and empower the transformation and upgrading of electrified, intelligent and unmanned intelligent manufacturing. The Group's smart mining products cover the three 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 and realize unmanned production in the mine. On December 30, 2022, Sany Heavy Equipment Co., Ltd. (“Sany Heavy Equipment”) (a wholly-owned subsidiary of the Company) entered into a purchase agreement with Sany Group Co., Ltd. “Sany Group”. After the acquisition was completed in February 2023, “Sany Technical Equipment” of Sany Technical Equipment Co., Ltd. became a non-wholly owned subsidiary of Sany Heavy Equipment Co., Ltd. Sany Technical Equipment is mainly engaged in R&D, manufacturing and sales of new energy battery equipment. The Group's business scope expanded to the field of new energy equipment. The Group continues to expand its exploration of product digitalization, electrification and internationalization, strengthen product planning teams and digital capacity building, continuously 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 changing times and industry transformation, and implement cost reduction and efficiency improvement in the entire R&D, manufacturing, supply chain, and service processes, so as to achieve high-quality business development.