SANY Heavy Industry (600031) Wins Bid for Procurement Project from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., Contract Value at 3.04 Million Yuan

Deep News01-19

According to data from Qichacha, as per the "Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. Truck Crane Result Announcement," Sany Heavy Industry Co., Ltd. announced on January 19, 2026, that it had won the bid for a procurement project from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., with a contract value of 3.04 million yuan.

Relevant listed company: Sany Heavy Industry (600031.SH). Sany Heavy Industry (600031.SH) reported revenue of 78.383 billion yuan for 2024, representing a revenue growth rate of 5.90%. Net profit attributable to the parent company was 5.975 billion yuan, with a growth rate of 31.98%, and the Return on Equity (ROE) stood at 8.54%. For the first half of 2025, the company's revenue was 44.780 billion yuan, with a revenue growth rate of 14.64%. Net profit attributable to the parent company reached 5.216 billion yuan, showing a significant growth rate of 46.00%.

Currently, the company operates in the industrial sector, with its primary product type being heavy construction machinery. The breakdown of its main business from the 2024 annual report is as follows: Excavation Machinery: 38.75%; Other: 18.93%; Concrete Machinery: 18.33%; Hoisting Machinery: 16.73%; Road Machinery: 3.83%; Piling Machinery: 2.65%; Other Business: 0.78%.

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