On April 23^rd, the investment project of Sany Heavy Industry in Chongqing broke ground in Chongqing Jianqiao Industrial Park.

Sany Heavy Industry Co., Ltd. is the leading enterprise of construction machinery industry in China, and also is the largest manufacturing enterprise of concrete pumped transportation machinery in the world. The concrete pump truck, concrete pump and crawler crane produced by the company occupy the largest market share in China.

According to the contract signed with Dadukou District, the enterprise will invest RMB 100 million Yuan to establish Chongqing Sany Heavy Industry Machinery Co., Ltd. in Zone C, Jianqiao Industrial Park, Dadukou District, manufacturing and selling concrete mixing pump transportation equipment, construction machinery and hoisting equipment.

About Sany

SANY Group Co. Ltd was established in 1989, with associated companies including SANY Heavy Industry Co. Ltd, SANY Heavy Machine Industry Co. Ltd and SANY Auto Manufacture Co. Ltd. SANY Heavy Industry Co. Ltd was established in 1994 and has since become the group's core company. We are one of the mainland's largest manufacturers of large-volume pumps, with achievements that include being the first mainland China manufacturer to produce truck-mounted concrete pumps. We also manufacture concrete placing booms, concrete mixers, excavators, motor graders and vibratory rollers. We currently serve clients in more than 100 countries worldwide, and are publicly traded on the Shanghai Stock Exchange (A-Listed).

Our facilities cover a total area of 200,000 square meters and are staffed by more than 12,000 employees. We have the largest share of the domestic market for trailer-mounted concrete pumps, truck-mounted concrete pumps, and 18-T full hydraulic vibratory rollers. This makes us one of the three most influential construction engineering equipment manufacturers in mainland China. In the last three years, we were successfully maintaining an annual growth rate of over 40 percent.