On May 6^th, Sany Group Co., Ltd. in Hunan Province signed an agreement with Wuxing District Government in Huzhou City that construction machinery manufacturing base of this Group will be settled in the New Zone in the east of Wuzhou. Vice-Mayor Jin Deshui congratulated on the agreement.

Sany Group is the leading enterprise in Chinese manufacturing industry ranking as World Construction Machinery Top 50. Its core enterprise Sany Heavy Industry possessed the most market value among listed construction machinery companies with A series stocks. The dominant products are construction engineering machinery, tracked crane machinery, port machinery and coal mine machinery.

The 1^st stage project of Sany Heavy Industry Wuxing Construction Machinery Manufacturing Base will expropriate land of 2000 Mu and invest RMB 8.6 billion Yuan to produce SCC-series tracked crane considered as No.1 Crane in China and mine-used dampers. After construction and putting into production, the base will possess production capacity and sales of RMB 12 billion Yuan, realizing annual interests and taxes of RMB 2.4 billion Yuan and becoming a comprehensive construction machinery manufacturing base mainly conducting manufacture of large-scaled construction machinery matched with employee trainings, development and tests.

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.

Our trailer-mounted concrete pumps have broken the world record several times for pumping height. In 2002, our trailer-mounted concrete pumps pumped C60 concrete to a height of 406 meters in the construction of the Hong Kong International Financial Center. In 2004, our pumps played an important role in the construction of the Dubai Tower, the world's tallest skyscraper in the United Arab Emirates.

We were also the world's first maker to develop fully hydraulic motor graders, and the only company in mainland China to produce asphalt transfer trucks.