TOPIC

/ company

Sany

Sany Heavy Industry Co is a Chinese multinational heavy machinery manufacturing company headquartered in Changsha in Hunan Province. It is the sixth-largest heavy equipment manufacturer in the world,[4] and the first in its sector in China to enter the FT Global 500.

Chairman / President

Xiang Wenbo

CEO / Managing Director

Yu Hongfu

CFO / Finance Director

Liu Hua

Industry

Construction Machinery, Heavy Equipment

Website

sanyglobal.com

Headquarters address

Sany Industrial Park, Changsha Economic and Technological Development Zone, Changsha, Hunan, China

Stock Code

SSE:600031

Year founded

1989

An excavator at the entrance of Liujiaba Tunnel of the Kangyu section of Xiyu High-speed Railway, in Dazhou, Sichuan, May 2, 2025. Photo: Xinhua

China exports

China’s excavator exports surge 33% in first half amid shift to electric power

Earlier this year, Sany debuted a pure electric excavator with an operating range of up to 10 hours.

7 Jul 2026 - 5:30PM

Wealth Report

Hong Kong’s IPO market is being powered by industrial heavyweights

29 Jun 2026 - 12:20PM

Electric & new energy vehicles

China’s heavy trucks are going electric, and abroad, paving the road to net-zero freight

28 Jun 2026 - 11:00AM

Trending in China

Chinese man, 19, lives under bridge with dog, works long hours to save for tuition

‘Hardship’ suffering teenager from poor rural background attracts donations from fellow city dwellers thanks to his ‘kindness’.

4 Jun 2026 - 11:20AM

A 19-year-old man from Hunan moved to Changsha to deliver food while saving for technical school. Living under a bridge with his pet dog, he works long hours and has minimal belongings. Photo: Handout

Artificial intelligence

From footwear to AI services: China moves up the value chain in exports

In 2025, China’s export growth in telecoms, computer and information services far outpaced exports of traditional goods, such as footwear.

3 May 2026 - 8:30PM

Science

Chinese trucks could go 100% electric, halving road transport oil use: industry

China’s industrial supply chains and engineering expertise provide a distinct competitive advantage, CiDi CEO Albert Hu says.

17 Apr 2026 - 9:00PMvideocam

China-Africa relations

How a punt on an unknown Chinese truck manufacturer paid off in South Africa

Chinese commercial truck builder FAW now outsells major Western and Japanese brands including Toyota, Daimler and Isuzu.

17 Feb 2026 - 6:00PMvideocam

Hong Kong property

Ex-banker sells Deep Water Bay home, then signs a lease at The Peak

Sany non-executive director Lawrence Lam signed a HK$525,000-a-month lease on The Peak, underscoring a growing appetite for top-tier rents.

4 Dec 2025 - 9:43AM

Science

Russia academy breaks up with China naval institute chief scientist under probe

Chinese headquarters of Russian Academy of Engineering says it is taking note of case against Guo Wei, who is accused of ‘faked’ credentials.

24 Nov 2025 - 9:23PMvideocam

Science

Chief scientist at China’s top warship-building research institute detained

Jiangsu University of Science and Technology says it has fired Guo Wei over the accusations of academic misconduct.

20 Nov 2025 - 10:33PMvideocam

Guo Wei has been detained by police. Photo: Handout

IPO

China’s Sany Heavy starts gauging investor interest for Hong Kong stock offering

The construction-machinery maker plans to raise US$1.5 billion from the listing, sources say.

13 Oct 2025 - 10:21AM

Employees work on the assembly line at Sany Heavy Industry’s factory in Huzhou, Zhejiang province. Photo: VCG/VCG via Getty Images

IPO

Exclusive | Heavy equipment maker Sany to expand overseas after Hong Kong IPO

Aiming to raise up to US$1.5 billion in its proposed listing, company eyes lucrative overseas sales amid weak demand at home.

11 May 2025 - 11:00AM

IPO

China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO: sources

The Shanghai-listed heavy machinery manufacturer could raise funds in the second half of this year.

18 Feb 2025 - 3:48PMvideocam

US-China relations

Opinion | Chinese investment is saving US manufacturing (but Trump won’t admit it)

Despite trade tensions, from Ohio to Kentucky to Louisiana, Chinese FDI is building factories and creating jobs. State governors welcome and court Chinese investment; Trump should start listening to them.

23 Jan 2020 - 6:18AMvideocam

Going Global

Exclusive | Chinese excavator giant builds its US market from ‘Avengers: Endgame’ HQ

Sany Heavy Industry, China’s biggest heavy machines manufacturer by sales, last week started assembling from scratch hydraulic excavators at its US headquarters in suburban Atlanta, Georgia.

9 Jul 2019 - 4:31PM

The Transformer-like ‘Traxx’, which has been adapted from an excavator, at Sany America’s headquarters in Peachtree City, Georgia. Sany said Traxx is displayed during big conferences and events. Photo: Yujing Liu

Business Digest, February 26, 2013

KFC launched a campaign to rebuild its battered brand on the mainland after a scandal over misuse of drugs by its poultry suppliers. The fast-food chain promised to tighten quality control and said it had terminated more than 1,000 small producers.

26 Feb 2013 - 5:02AM

18th Party Congress

Communist Party Central Committee not for me, tycoon Liang Wengen insists

12 Nov 2012 - 10:54AM

Barack Obama

Ralls lawsuit against Obama a 'lesson' for China investors

19 Oct 2012 - 3:33AM

Ralls Corp does not threaten US security and has not broken the law, yet it is blocked, said a perplexed Xiang Wenbo yesterday. Photo: EPA

Barack Obama

Sany set for legal battle over wind farm ban

1 Oct 2012 - 3:51AM

Number of super-rich drops on mainland

25 Sep 2012 - 10:39AM

Chinese men look at luxury European sports cars at a showroom in Beijing on September 4, 2012. Photo: AFP

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Sany

China’s excavator exports surge 33% in first half amid shift to electric power

Earlier this year, Sany debuted a pure electric excavator with an operating range of up to 10 hours.

Hong Kong’s IPO market is being powered by industrial heavyweights

China’s heavy trucks are going electric, and abroad, paving the road to net-zero freight

Chinese man, 19, lives under bridge with dog, works long hours to save for tuition

‘Hardship’ suffering teenager from poor rural background attracts donations from fellow city dwellers thanks to his ‘kindness’.

From footwear to AI services: China moves up the value chain in exports

In 2025, China’s export growth in telecoms, computer and information services far outpaced exports of traditional goods, such as footwear.

Chinese trucks could go 100% electric, halving road transport oil use: industry

China’s industrial supply chains and engineering expertise provide a distinct competitive advantage, CiDi CEO Albert Hu says.

How a punt on an unknown Chinese truck manufacturer paid off in South Africa

Chinese commercial truck builder FAW now outsells major Western and Japanese brands including Toyota, Daimler and Isuzu.

Ex-banker sells Deep Water Bay home, then signs a lease at The Peak

Sany non-executive director Lawrence Lam signed a HK$525,000-a-month lease on The Peak, underscoring a growing appetite for top-tier rents.

Russia academy breaks up with China naval institute chief scientist under probe

Chinese headquarters of Russian Academy of Engineering says it is taking note of case against Guo Wei, who is accused of ‘faked’ credentials.

Chief scientist at China’s top warship-building research institute detained

Jiangsu University of Science and Technology says it has fired Guo Wei over the accusations of academic misconduct.

China’s Sany Heavy starts gauging investor interest for Hong Kong stock offering

The construction-machinery maker plans to raise US$1.5 billion from the listing, sources say.

.css-1f6sr3w{color:#727272;}Exclusive | Heavy equipment maker Sany to expand overseas after Hong Kong IPO

Aiming to raise up to US$1.5 billion in its proposed listing, company eyes lucrative overseas sales amid weak demand at home.

China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO: sources

The Shanghai-listed heavy machinery manufacturer could raise funds in the second half of this year.

.css-1pcrwvc{color:#2aa191;}Opinion | Chinese investment is saving US manufacturing (but Trump won’t admit it)

Despite trade tensions, from Ohio to Kentucky to Louisiana, Chinese FDI is building factories and creating jobs. State governors welcome and court Chinese investment; Trump should start listening to them.

Exclusive | Chinese excavator giant builds its US market from ‘Avengers: Endgame’ HQ

Sany Heavy Industry, China’s biggest heavy machines manufacturer by sales, last week started assembling from scratch hydraulic excavators at its US headquarters in suburban Atlanta, Georgia.

Business Digest, February 26, 2013

KFC launched a campaign to rebuild its battered brand on the mainland after a scandal over misuse of drugs by its poultry suppliers. The fast-food chain promised to tighten quality control and said it had terminated more than 1,000 small producers.

Communist Party Central Committee not for me, tycoon Liang Wengen insists

Ralls lawsuit against Obama a 'lesson' for China investors

Sany set for legal battle over wind farm ban

Number of super-rich drops on mainland

Exclusive | Heavy equipment maker Sany to expand overseas after Hong Kong IPO

Opinion | Chinese investment is saving US manufacturing (but Trump won’t admit it)