On September 23, Sany Heavy Industry Co., Ltd. issued an announcement confirming the convening of its second extraordinary shareholders' meeting for 2026, held on the same day.

During the meeting, shareholders reviewed and approved the proposal titled "Regarding the Establishment and Application for Issuance of Asset-Backed Securities (ABS) and Connected Transactions."

The approval marks a key step forward for the company in advancing its planned ABS issuance initiative, which involves related-party dealings as outlined in the proposal.