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<IPO>Sany Heavy Industry Submits Application for HK Listing
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Sany Heavy Industry (600031.SH) has submitted an application for Hong Kong listing, according to the Hong Kong Stock Exchange. Based on the preliminary prospectus, Sany Heavy Industry is an innovation-driven global leader in the construction machinery industry focusing on the R&D, manufacturing, sales, and servicing of an extensive portfolio of construction machinery, including excavating machinery, concrete machinery, hoisting machinery, piling machinery, and road machinery. Last year, Sany Heavy Industry's revenue increased by 5.9% YoY to RMB78.38 billion, while its net profit rose by 32% to RMB5.98 billion. AAStocks Financial News |
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