Sany Heavy Industry passed the Hong Kong IPO hearing and plans to raise US$1.5 billion

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Sany Heavy Industry has passed the Hong Kong Stock Exchange's hearing and plans to raise up to US$1.5 billion through an initial public offering (IPO). The company successfully listed more than 40 new energy products in 2024, including electric excavators, electric mixers, and electric dump trucks, all of which are top-selling products in the domestic market.