Zhitong Finance App News, Sany Heavy Industries (06031.HK) announced that based on confidence in the company's future stable development and recognition of the company's value, combined with factors such as the company's business situation and financial situation, the chairman suggested to Mr. Wenbo that the company use its own capital or self-financing to repurchase the company's A-shares to promote a match between the company's stock price and intrinsic value. The repurchase amount is not less than RMB 400 million (inclusive) and not more than RMB 800 million (inclusive). The shares repurchased will be used for A-share employee stock ownership plans.

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