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Earth-moving machineryConcrete machinerycraneRoad machineryPiling machineryCoal machineryPort machineryWind power equipmentSany heavy truckTrinity ConstructionPetroleum equipmentTrinity EnvironmentEnvironmental engineeringEmergency rescue equipmentMining dump truckstip truckAerial work machineryLithium battery equipmentWarehousing and logisticsPhotovoltaic productsHydrogen equipmentCrushing equipment
Micro-diggingSmall diggingMedium diggingBig diggingWheeled excavatorsLoaderDiversify your productsAttachments
Pump trucksMixer trucksConcrete batching plantOn-board pumpsElectric vehicle on-board pumpsTow pumpMortar pumpsWet sprayerFilling pumpsNew energy mixer truckDry mix mortar mixing plantMortar/concrete dual-purpose batching plant
Truck cranesAll-terrain cranesTruss boom crawler craneTelescopic crawler craneMultifunctional crawler craneFlat-top tower craneTruck-mounted cranes
Reach stackerContainer empty container handlersforkliftGrab steel (material) machinePure electric port tractorTelehandlersShore-to-shore container cranesRail-mounted container gantry craneRubber-tyred container gantry craneGantry crane
3.X Medium and low wind speed wind turbines4.X Medium and high wind speed / all-weather / customized product platform5.X-6. X MW customized product platform
Smart PC equipmentIntelligent AAC equipmentIntelligent steel processing equipmentMobile crushing and screening equipmentMould fixturesCategory 2 standards3 soft 1 platform
Mechanical fracturingElectric fracturingOil-connected equipmentWellhead automationOilfield machineryFracturing pumps
Pure electric road cleaning vehiclePure electric solid waste collection and transfer vehicleMunicipal maintenance vehicles
Compressed air foam fire truckdroneSpecial-duty fire trucksCombat logistics support fire trucksRaise jet fire trucksAscending platform fire truck
High-speed homogenization systemDouble-layer extrusion coaterRoller pressing and slitting machineZ-type cutting and stacking machineWinding machinePrimary and secondary injection machinesCompound capacity needle bedModule PACK line
Sany Heavy Industry Sany Heavy Industry Co., Ltd. (SH:600031)
Trinity International Sany International (HK:00631)
Sany Renewable Energy Sany Renewable Energy (SH:688349)
Home > Trinity News > Increase international financial support Sany Heavy Industry plans to issue global depositary receipts in Switzerland
Increase international financial support Sany Heavy Industry plans to issue global depositary receipts in Switzerland
2022.03.15
On March 15, the listed company Sany Heavy Industry issued an announcement:
In order to broaden the international financing channels of Sany Heavy Industry Co., Ltd. (hereinafter referred to as the "Company"), meet the needs of the Company's international business development, further strengthen its global brand influence, and unswervingly promote the internationalization strategy, the Company intends to issue Global Depository Receipts ("GDRs") overseas and list them on the Swiss Stock Exchange.
Promote the internationalization strategy
As the world's leading construction machinery manufacturer, the company unswervingly implements the internationalization policy of "self-oriented, local operation, service first", and makes every effort to promote the internationalization strategy. At present, the company has achieved the first global market share of excavation machinery and concrete machinery.craneMachinery and other construction machinery have rapidly increased their market share in the world.
The company is in the stage of rapid development of internationalization, and will continue to increase resource investment and channel construction in overseas markets, and achieve breakthroughs in overseas markets, especially in Europe and the United States. Significantly increase resources such as service personnel, service vehicles, and service outlets, enhance the global spare parts supply capacity, and build a service first brand; Promote overseas digitalization strategies, build intelligent lighthouse factories, and build localized advanced manufacturing capabilities; Enhance international R&D strength, focus on global mainstream markets such as Europe and the United States, and accelerate international product development; Strengthen the construction of overseas human resources, improve the overseas incentive mechanism, and build an excellent localization team.
After the issuance of GDRs overseas and listing on the SIX Swiss Exchange, the funds raised will be mainly used for the company's internationalization business, further promote the company's internationalization process, help enhance the company's profitability and comprehensive competitiveness, and conform to the company's strategic planning and long-term development goals.
Make full use of capital market support
The overseas issuance and listing of GDRs is an important measure for the Company to respond to the policy call of the domestic capital market, deepen the interconnection of the China-EU capital market, and use the overseas capital market to promote the development of the real economy.
The company hopes to make full use of the favorable opportunity of capital market reform and the strong support of policies to achieve direct docking with overseas capital markets, enhance the company's overseas brand awareness, enhance multi-channel financial capabilities, and provide sufficient capital and financial resources for the company's international strategic development.
Improve the level of corporate governance
The overseas issuance and listing of GDRs will further optimize the company's equity structure, enhance the transparency and standardization of corporate governance, and provide a solid governance mechanism guarantee for the company's high-quality development.
Please refer to the full text of the announcement through the designated letter approval channels.
The future of internationalization strategy is promising
In 2021, Sany Group achieved the best overseas operating performance in history: overseas sales increased by 65% year-on-year, and the performance of 12 overseas regions increased across the board, of which sales in more than 50 countries and regions doubled.
Among them, on the basis of winning the global sales championship for the first time in 2020, Sany excavator will go one step further in 2021, with international sales exceeding the 10 billion mark, total global sales exceeding 100,000 units, and overseas sales exceeding 22,000 units. Sany Concrete Machinery continues to rank first in the world, accounting for nearly half of the global market share. In addition, Sany crawler cranes, wheeled cranes and other products have achieved the first market share in more countries.
In 2022, Sany will continue to take the internationalization strategy as one of the three major strategies of the Group, and go all out to promote the development of international business. From January to February, Sany Group's overseas sales increased by nearly 50% year-on-year. In the future, Sany will continue to adhere to the strategic policy of "focusing on me, local operation, and service first", accelerate the global manufacturing layout, attack the markets of developed countries, improve the ability of overseas service system, and at the same time make efforts in international product research and development, international financial support and other aspects to stimulate the vitality of Sany's international development.
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