China High-End Equipment Manufacturer SANY Heavy Industry Plans Hong Kong Secondary IPO to Raise $1.5 Billion in 2025 2H, Shanghai-Listed Sany Heavy Industry Current Market Value at $18.6 Billion, Founded in 1986 by Liang Wengen, Tang Xiuguo, Mao Zhongwu & Yuan Jinhua as Hunan Lianyuan Welding Material Factory in Lianyuan (China) & Renamed to SANY Group in 1991
19th February 2025 | Hong Kong
China high-end equipment manufacturer SANY Heavy Industry is planning for a Hong Kong secondary IPO to raise $1.5 billion in 2025 2H. Sany Heavy Industry is listed on Shanghai Stock Exchange and has a current market value of $18.6 billion. SANY was founded in 1986 by Liang Wengen, Tang Xiuguo, Mao Zhongwu & Yuan Jinhua as Hunan Lianyuan Welding Material Factory in Lianyuan (China), and renamed to SANY Group in 1991. Profile – Founded in 1986, SANY’s core business covers design, production, and manufacturing. Our product line includes concrete machinery (pump trucks, truck mixers, trailer pumps, batching plants), earthmoving machinery (excavators, loaders), hoisting machinery, road machinery (rollers, graders, pavers), piling machinery (rotary drilling rigs), port machinery (large and small port machines), petroleum equipment, coal machinery (mining trucks, tunneling machines), wind power equipment, PC equipment sets, photovoltaic equipment (batteries, modules, equipment), hydrogen energy equipment, energy storage equipment and so on. In 2022, SANY Heavy Industry was rated by the “MIT Technology Review” as one of the “50 Smartest Companies” of the year, and the SANY Group was honored on Forbes China’s Best Employers list. In 2023, SANY Group’s overseas revenue reached 7.3 billion USD. We have 46 lighthouse factories/57 industrial parks in China, the United States, Germany, India, Brazil, Indonesia, and other countries. Our sales and services cover more than 180 countries and regions worldwide.
“ China High-End Equipment Manufacturer SANY Heavy Industry Plans Hong Kong Secondary IPO to Raise $1.5 Billion in 2025 2H, Shanghai-Listed Sany Heavy Industry Current Market Value at $18.6 Billion, Founded in 1986 by Liang Wengen, Tang Xiuguo, Mao Zhongwu & Yuan Jinhua as Hunan Lianyuan Welding Material Factory in Lianyuan (China) & Renamed to SANY Group in 1991 “
China High-End Equipment Manufacturer SANY Heavy Industry Plans Hong Kong Secondary IPO to Raise $1.5 Billion in 2025 2H, Shanghai-Listed Sany Heavy Industry Current Market Value at $18.6 Billion, Founded in 1986 by Liang Wengen, Tang Xiuguo, Mao Zhongwu & Yuan Jinhua as Hunan Lianyuan Welding Material Factory in Lianyuan (China) & Renamed to SANY Group in 1991
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