SANY INT'L Issues 32.13 Million New Shares in March; Maintains 25%+ Public Float

Bulletin Express04-02

Sany Heavy Equipment International Holdings Company Limited (SANY INT'L) reported a net increase of 32.13 million ordinary shares in March 2026, lifting total issued ordinary shares to 3.29 billion. The company confirmed it met Hong Kong’s 25% minimum public-float requirement at month-end.

The expansion was driven by: • 31.28 million new shares granted under the Amended 2019 Share Award Scheme. • 0.85 million new shares issued upon exercise of options from the 2013 Share Option Scheme, generating HKD 4.72 million in cash proceeds.

Authorised share capital remained unchanged at HKD 500.00 million, comprising 4.46 billion ordinary shares and 538.93 million convertible preference shares, each with a par value of HKD 0.10.

Outstanding equity incentives include 14.00 million options under the 2013 scheme and a combined mandate of 231.06 million shares shared between the 2023 Share Option Scheme and the Amended 2019 Share Award Scheme. During the month, no options were granted under the 2023 scheme.

Convertible Preference Shares outstanding were steady at 479.78 million units, convertible at HKD 2.009 per share; no conversions occurred in March.

No treasury share movements or warrant activities were recorded during the period. Overall, SANY INT'L’s share capital activity in March was limited to incentive-related issuances, with regulatory confirmations affirming full compliance with listing requirements.

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