Sany Heavy Raises Quota For Related-Party Transactions to 9.8 Billion Yuan

MT Newswires Live10-20

Sany Heavy Industry (HKG:6031, SHA:600031) plans to increase its estimated limits for daily related-party transactions for 2026 to a total of roughly 9.8 billion yuan to support its business development and production needs, according to a Tuesday filing with the Shanghai Stock Exchange.

The estimated cap for purchasing materials and goods, accepting services, transferring assets, and leasing from related parties will rise to 4.96 billion yuan from an initially projected 3.57 billion yuan.

The estimated limit for selling goods and materials, providing services, and leasing equipment to related parties will climb to 4.85 billion yuan from 4.11 billion yuan.

The Chinese heavy equipment manufacturer's board approved the proposal on Oct. 16.

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