Sany Heavy Equipment International Holdings Company Limited (SANY INT'L, 00631) has announced a senior management change approved by the Board of Directors. Chief Financial Officer (CFO) Mr. Tang Ziwei has tendered his resignation, effective 20 February 2026, citing work re-arrangement. Mr. Tang confirmed he holds no further positions within the Group and has no disagreements with the Board or matters requiring shareholder attention.

Concurrently, the Board has appointed Mr. Zhou Huidong, aged 49, as the new CFO, also effective 20 February 2026. Mr. Zhou brings more than 20 years of finance and accounting experience. Key career milestones include:

• July 1998 – September 2017: Held senior finance roles at Zhongxing Telecommunication Equipment Corporation (Shenzhen: 000063; Hong Kong: 763), covering integrated accounting, securities finance, and financial monitoring, while serving as director or supervisor at several subsidiaries.

• October 2017 – February 2018: Vice President of Finance, Aux Group Company Limited.

• April 2018 onward: Joined Sany Group Co., Ltd. as Vice President and Deputy CFO; January 2019 – February 2021 served as Joint Company Secretary of SANY INT'L; February 2021 – February 2026 held the roles of Deputy General Manager of the Finance Headquarters at Sany Heavy Industry Co., Ltd. (Shanghai: 600031; Hong Kong: 06031) and CFO of Sany Heavy Machinery Co., Ltd.

Academic and professional qualifications include a bachelor’s degree in finance and accounting (Beijing University, July 1998), an MBA from Guanghua School of Management (Beijing University, July 2014), Chinese Certified Tax Agent status (since June 2001), and Chinese Certified Public Accountant status (since November 2004).

The Board expressed sincere gratitude to Mr. Tang for his contributions and formally welcomed Mr. Zhou to his new post.