Chairman of Sany Heavy Industry (06031) proposes to buy back 400 million to 800 million yuan of A-shares.

20:00 20/07/2026

Sany Heavy Industry (06031) announced that, based on the confidence in the company's future stable development and recognition of the company's value, and considering factors such as the company's operating and financial situation, the chairman, Mr. Wang Min, suggested that the company repurchase its A shares with its own funds or self-raised funds to align the company's stock price with its intrinsic value. The amount of this repurchase shall not be less than 400 million yuan (inclusive) and not more than 800 million yuan (inclusive), and the repurchased shares will be used for the A-share employee stock ownership plan.

Sany Heavy Industry (06031) announced that, based on the confidence in the company's future sustainable development and recognition of the company's value, the Chairman, Mr. Xiang Wenbo, suggested that the company repurchase its A-shares using its own funds or self-raised funds, in order to align the company's stock price with its intrinsic value. The repurchase amount will not be less than 400 million RMB (inclusive) and not exceed 800 million RMB (inclusive), and the repurchased shares will be used for the A-share employee stock ownership plan.

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What signal? Leading securities firms have increased the upper limit of margin trading.

New Stock News | Excellent Vision Plan is expected to have its IPO in Hong Kong as soon as this year with a valuation of up to 3 billion US dollars.