Sany Heavy Industry Successfully Completes HKEX Listing Hearing, Aiming for "A+H" Listing
Sany Heavy Industry's Listing Progress: Sany Heavy Industry has successfully passed the listing hearing for its proposed "A+H" listing on the Hong Kong Stock Exchange, aiming to strengthen its position in the global construction machinery market.
Financial Performance and R&D Commitment: The company is recognized as the largest construction machinery firm in China and third globally, with significant revenue growth and a strong focus on R&D, having invested RMB 18.17 billion in research and development, resulting in a robust patent portfolio.
Globalization and Digitalization Strategies: Sany Heavy Industry is expanding its global presence with operations in over 150 countries and has established 35 smart factories, including Lighthouse Factories, while also launching innovative products like the world's first 5G remote-controlled excavator.
Decarbonization Efforts: The company has introduced over 40 new energy products, achieving significant revenue from these innovations and leading in electric construction machinery in China, while also focusing on reducing carbon emissions across its operations.
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