Sany Heavy Industry Co Ltd

Over the past month, companies on the Shanghai Stock Exchange main board have added a total of 91 new buyback and shareholding increase plans, with amount caps exceeding 26 billion yuan. According to statistics, from July 19 to August 18, the Shanghai main board saw 57 new buyback plans, with planned buyback caps of about 14.5 billion yuan, and 34 new shareholding increase plans, with planned increase caps of about 11.5 billion yuan. On the evening of August 19, Foxconn Industrial Internet disclosed its first buyback of 2.41 million shares, worth 149 million yuan. Huaxin Cement's shareholder Huaxin Group plans to increase its stake by 340 million to 680 million yuan. CCCC Design and Consulting's controlling shareholder subsidiary CCCC Capital plans to increase its stake by 80 million to 160 million yuan. In addition, companies such as Huayou Cobalt, Sany Heavy Industry, China Three Gorges Renewables, and China State Construction Engineering also disclosed buyback or shareholding increase plans in late July, and some have already entered a rapid implementation phase.

The construction machinery industry cluster in Changsha is shedding its strong cyclical label through intelligent, global, and high-end transformation. In 2025, overseas revenue accounted for 58.56 percent, 64 percent, and 64.88 percent of total revenue at leading companies Zoomlion, Sany Heavy Industry, and Sunward Intelligent Equipment respectively. From January to April this year, Changsha's construction machinery exports reached 12.11 billion yuan, up 20.1 percent year on year, accounting for 91.6 percent of the province's total exports. Zoomlion's shared manufacturing smart factory for excavators rolls out one excavator every six minutes on average, with a comprehensive automation rate above 85 percent. The company plans to complete a humanoid robot factory and begin mass production within the year, while continuing to improve its overseas localization layout. In 2025, its overseas revenue reached 30.515 billion yuan, up 30.52 percent year on year.

Over the past week, Shanghai-listed companies launched 42 new buyback plans with a maximum value of 8.386 billion yuan, and 17 new shareholding increase plans with a maximum value of 7.457 billion yuan, marking a clear acceleration in industrial capital entering the market. The chairman of NARI Technology proposed a buyback of 500 million to 1 billion yuan worth of shares, the chairman of Daqin Railway proposed a buyback of 400 million to 500 million yuan, Sany Heavy Industry plans to repurchase A-shares worth 400 million to 800 million yuan, and Yifeng Pharmacy Chain plans to repurchase shares worth 200 million to 300 million yuan. On the shareholding increase side, the controlling shareholder of China Three Gorges Renewables plans to increase holdings by 1.5 billion to 3 billion yuan, the controlling shareholder of Aluminum Corporation of China plans to increase holdings by 1 billion to 2 billion yuan, and the controlling shareholder of China State Construction Engineering plans to increase holdings by 500 million to 1 billion yuan. Since the beginning of this year, Shanghai-listed companies have disclosed 190 new buyback plans with a total maximum value of 55.5 billion yuan, and 155 new shareholding increase plans with a total maximum value of 22.1 billion yuan.

A wave of share buybacks and shareholder increases continues to surge among companies listed on the Shanghai Stock Exchange, with the pace of industrial capital entering the market notably accelerating. Over the past week, 42 new buyback plans were added on the Shanghai market, with a maximum amount of 8.386 billion yuan, and 17 new shareholder increase plans were added, with a maximum amount of 7.457 billion yuan. Since the start of 2026, the Shanghai market has disclosed 190 new buyback plans, with a combined maximum amount reaching 55.5 billion yuan, and 155 new shareholder increase plans, with a maximum amount of 22.1 billion yuan. Many companies are making big moves. The chairman of NARI Technology proposed a buyback of 500 million to 1 billion yuan, the chairman of Daqin Railway proposed a buyback of 400 million to 500 million yuan, Sany Heavy Industry plans to buy back 400 million to 800 million yuan, and Yifeng Pharmacy Chain plans to buy back 200 million to 300 million yuan. The implementation of funds is also speeding up. Haier Smart Home has cumulatively bought back 1.817 billion yuan in this round, Seres has cumulatively bought back over 587 million yuan, Metallurgical Corporation of China has completed transactions totaling about 415 million yuan, and Chenguang Stationery has paid a total of 288 million yuan. On the shareholder increase side, the controlling shareholder of China Three Gorges Renewables plans to increase holdings by 1.5 billion to 3 billion yuan, the controlling shareholder of Aluminum Corporation of China plans to increase holdings by 1 billion to 2 billion yuan, and the controlling shareholder of China State Construction Engineering plans to increase holdings by 500 million to 1 billion yuan.

Sany Heavy Industry announced plans to use its own funds or self-raised funds to repurchase A-shares through centralized bidding. The buyback amount will be no less than 400 million yuan and no more than 800 million yuan, with a maximum repurchase price of 27.96 yuan per share. The repurchased shares will be used for an A-share employee stock ownership plan. The buyback period will not exceed 12 months from the date of approval by the board of directors.

On the evening of July 20, multiple listed companies on the Shanghai and Shenzhen exchanges disclosed positive news. SDIC Power's controlling subsidiary Yalong River Hydropower plans to establish a project company with CATL to invest in the construction of the Yagen Second-Level Hydropower Station, with a total dynamic investment of 33.394 billion yuan, including capital of 6.679 billion yuan. Raytron released an earnings forecast, expecting first-half net profit of 1.2 billion to 1.3 billion yuan, a year-on-year increase of 242% to 270%, mainly benefiting from high industry prosperity and capacity release. Raycus Laser's earnings flash report shows first-half net profit attributable to the parent company of 158 million yuan, up 116.73% year-on-year. In addition, several companies disclosed large contracts and share buyback or increase plans: Guoke Tiancheng signed a sales contract for uncooled infrared detectors and thermal imagers worth no less than 630 million yuan, Yangdian Technology's wholly-owned subsidiary signed an 860 million yuan computing power service contract, and Yushun Electronics' wholly-owned subsidiary signed a 731 million yuan computing power server leasing agreement. Huayou Cobalt plans to repurchase shares for 600 million to 1 billion yuan, Sany Heavy Industry's chairman proposed a share buyback of 400 million to 800 million yuan, and China State Construction's controlling shareholder plans to increase its shareholding by 500 million to 1 billion yuan. Hangdian Cable plans a private placement to raise no more than 2.88 billion yuan for projects such as high-end electronic circuit copper foil, and Donghua Software plans a private placement to raise no more than 2.029 billion yuan for projects including intelligent computing center construction. Sinocera announced a price increase for zirconia powder sales effective July 27, with an increase of about 10% to 40%. Jiuri New Materials' wholly-owned subsidiary Shandong Jiuri Chemical's ACMO Phase I project has entered trial production, with a total designed capacity of 1,500 tons per year, and the first phase of 500 tons per year has been put into production.

DSBJ announced plans to repurchase shares for 200 million to 300 million yuan, with a buyback price not exceeding 367.04 yuan per share, for employee stock ownership plans or equity incentives. Sanhua Intelligent Controls' controlling shareholder proposed repurchasing A-shares for 200 million to 400 million yuan. Three-Circle Group plans to repurchase shares for 450 million to 900 million yuan. Huayou Cobalt plans to repurchase shares for 600 million to 1 billion yuan. Broad-Ocean Motor terminated its H-share issuance and plans to repurchase shares for 120 million to 160 million yuan. Zhifei Biological plans to repurchase shares for 150 million to 300 million yuan. Puya Semiconductor's controlling shareholder proposed repurchasing shares for 30 million to 50 million yuan. Chunzhong Technology's chairman proposed repurchasing shares for 50 million to 100 million yuan to reduce registered capital. Kedali's controlling shareholder proposed repurchasing shares for 150 million to 300 million yuan. Sany Heavy Industry's chairman proposed repurchasing shares for 400 million to 800 million yuan. On the share increase side, Chuantou Energy's controlling shareholder plans to increase holdings by 200 million to 300 million yuan. China State Construction's controlling shareholder plans to increase holdings by 500 million to 1 billion yuan. Gongda Electroacoustic's controlling shareholder's concert party plans to increase holdings by 150 million to 250 million yuan. In addition, SDIC Power plans to jointly build the Yagen II Hydropower Station with CATL, with a total investment of 33.394 billion yuan. Hangdian Cable plans a private placement to raise no more than 2.88 billion yuan for optical fiber preform and other projects. Dajin Heavy Industry's subsidiary signed a shipbuilding contract worth about 2.1 billion yuan. Xingyun Technology signed a 300 million yuan computing power service contract. Yangdian Technology's wholly-owned subsidiary signed an 860 million yuan computing power service contract. Yushun Electronics' subsidiary signed a 731 million yuan computing power server lease contract. On the performance front, Raycus Laser's first-half net profit rose 117 percent year-on-year. Han's Laser's semi-annual net profit rose 163.47 percent year-on-year. Raytron Technology's first-half net profit is expected to increase by 242 percent to 270 percent. Haozhi Electromechanical's semi-annual net profit rose 267 percent year-on-year.

Two major state-owned capital operation platforms, China Reform Holdings and China Chengtong Holdings, simultaneously announced large-scale increased holdings of A-shares, injecting strong confidence into the capital market. China Reform Holdings' investment arm has already used over 50 billion yuan from special re-lending for stock buybacks and increased holdings along with supporting funds, and will continue to increase holdings in central enterprise stocks. China Chengtong and its affiliated entities have recently purchased nearly 10 billion yuan of state-owned central enterprise and technology company stocks and ETFs, and will continue to make large additional purchases. Driven by this, many central and state-owned enterprises and industry leaders have intensively disclosed buyback and increased holding plans. Among them, the controlling shareholder of China Coal Energy plans to increase holdings by 50 million to 100 million yuan, the controlling shareholder of CRRC Corporation has an increased holding plan of 150 million to 300 million yuan, the chairman of NARI Technology proposed a buyback of 500 million to 1 billion yuan, the controlling shareholder of China State Construction Engineering plans to increase holdings by 500 million to 1 billion yuan, Huayou Cobalt plans a buyback of 600 million to 1 billion yuan, and the chairman of SANY Heavy Industry proposed a buyback of 400 million to 800 million yuan. Since July, nearly 300 listed companies have implemented share buybacks, with cumulative buyback scale exceeding 15 billion yuan. Midea Group, TCL Technology, and Haier Smart Home rank top three in buyback scale, totaling nearly 4.9 billion yuan. Meanwhile, nearly 120 listed companies have seen net increased holdings by significant shareholders, with the chemical sector becoming the main battleground, and Jiangsu Eastern Shenghong receiving over 300 million yuan in increased holdings. Industry insiders point out that this round of concentrated increased holdings and buybacks by central and state-owned enterprises is a medium- to long-term strategic layout based on long-term economic resilience and aimed at fostering new quality productive forces, with cancellation-type buybacks expected to become the mainstream model.

On the evening of July 20, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Xiamen Tungsten expects its net profit attributable to shareholders of the listed company in the first half of 2026 to be approximately 2.216 billion yuan, a year-on-year increase of about 128.62 percent. Redick announced that its actual controller, chairman and general manager Shen Renrong, received a decision on bail pending trial from the Hangzhou Public Security Bureau on July 20, 2026, due to suspected insider trading. The bail period starts from July 20, 2026. This matter only involves Shen Renrong personally and is unrelated to the company. Currently, the company's production and operations are normal. In addition, several companies disclosed their half-year results. Raytron Technology expects its net profit in the first half to increase by 242 to 270 percent year-on-year. Haozhi Electromechanical achieved a net profit of 232 million yuan, up 266.57 percent year-on-year. Haitong Development posted a net profit of 523 million yuan, a year-on-year increase of 502.60 percent. In terms of buybacks and shareholding increases, Huayou Cobalt plans to repurchase shares worth 600 million to 1 billion yuan. Sany Heavy Industry's chairman proposed a buyback of 400 million to 800 million yuan. China State Construction's controlling shareholder intends to increase its shareholding by 500 million to 1 billion yuan.

The global hybrid concrete pump market is projected to grow from $1.39 billion in 2025 to $2.21 billion by 2030, at a compound annual growth rate of 9.7%. The market is expected to reach $1.53 billion in 2026, driven by demand for diesel-only concrete pump trucks, urban infrastructure development, and rising awareness of equipment efficiency. Growth through 2030 will be fueled by adoption of hybrid powertrains, demand for sustainable construction machinery, large-scale infrastructure investments, and regulatory pressure for energy-efficient equipment. Key trends include advancements in hybrid powertrain systems, telematics for fleet monitoring, automated pumping systems, and digital platforms for sales and service. The Asia-Pacific region leads in market size and is expected to maintain rapid growth, with major players including Volvo Group, Liebherr-International, XCMG Construction Machinery, Sany Heavy Industry, and Putzmeister.