On May 21, SANY Heavy Industry rose 3.3% in regular trading, trading at 21.68 HKD/share with trading volume of 21.93 million HKD, ending a multi-day correction streak. The rebound was driven by the latest Excavator Index data pointing to a solid infrastructure recovery.

According to the Excavator Index developed by SANY Heavy Industry based on ROOTCLOUD technology, the national average utilization rate for construction machinery reached 45.09% in April, up 3.6 percentage points month-over-month, with trackable sample workload growing 12.55% sequentially. Port logistics, large-scale hoisting, and civil construction sectors all showed comprehensive improvement, with concrete equipment utilization rising 5.42 percentage points month-over-month to 44.96%, and hoisting equipment reaching 73.43%. Nine subcategories achieved both year-over-year and month-over-month gains, confirming accelerating project commencement across major infrastructure programs.

Within the Construction Machinery and Heavy Trucks sector, WEICHAI POWER rose 1.93%, SINOTRUK rose 1.68%, TIMES ELECTRIC rose 1.18%, and COMEC rose 2.41%, indicating broad sector stabilization.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)