SANY Heavy Industry: The company expects to receive a net amount of approximately HKD 13.307 billion from the global offering.

Jin10 Data, October 28th - SANY Heavy Industry announced that the total number of H shares for this global offering is 631,598,800 shares (before the exercise of the over-allotment option), of which 58,042,600 shares are for public offering in Hong Kong, accounting for approximately 9.19% of the total global offering (before the exercise of the over-allotment option); and 573,556,200 shares are for international offering, accounting for approximately 90.81% of the total global offering (before the exercise of the over-allotment option). Based on the issue price of HK$21.30 per H share, after deducting relevant underwriting Commission and other estimated expenses for the global offering, and assuming that the over-allotment option is not exercised, the estimated net proceeds that the company will receive from the global offering will be approximately HK$13.307 billion.