Sany Heavy Industries announced that the company plans to establish a special asset support program. Using the Shanghai Stock Exchange as the issuing venue, it can apply for the issuance of asset-backed securities with a shelf size of not more than 10 billion yuan, which can be issued in installments. The underlying assets are accounts receivable claims of the company and its subsidiary companies and their subsidiary security interests. Sany Group, the controlling shareholder of the company, plans to subscribe for all secondary asset-backed securities, with a cumulative subscription amount of no more than 1 billion yuan. This transaction constitutes a related transaction. The matter has been reviewed and approved by the board of directors of the company and still needs to be submitted to the shareholders' meeting for review and review by the Shanghai Stock Exchange.

Sany Heavy Industries announced that the company plans to establish a special asset support program. Using the Shanghai Stock Exchange as the issuing venue, it can apply for the issuance of asset-backed securities with a shelf size of not more than 10 billion yuan, which can be issued in installments. The underlying assets are accounts receivable claims of the company and its subsidiary companies and their subsidiary security interests. Sany Group, the controlling shareholder of the company, plans to subscribe for all secondary asset-backed securities, with a cumulative subscription amount of no more than 1 billion yuan. This transaction constitutes a related transaction. The matter has been reviewed and approved by the board of directors of the company and still needs to be submitted to the shareholders' meeting for review and review by the Shanghai Stock Exchange.