Shantui Construction Machinery Receives CSRC Approval for Hong Kong IPO

Stock News
May 29

Shantui Construction Machinery Co.,Ltd. (000680.SZ) has obtained a filing notice from the China Securities Regulatory Commission (CSRC) for its overseas listing and issuance. The company plans to issue up to 304,440,400 ordinary shares for listing on the Hong Kong Stock Exchange.

According to its prospectus, data from Frost & Sullivan indicates that based on 2025 sales volume, Shantui Construction Machinery is ranked as the world's third-largest and China's largest bulldozer manufacturer. From the same source, in terms of global revenue from construction machinery products in 2025, the company holds the fifth position among Chinese construction machinery firms globally.

Frost & Sullivan's data further shows that Shantui Construction Machinery captured a 10.2% share of the global bulldozer market, a 63.0% share of the Chinese bulldozer market, and a 0.9% share of the global construction machinery market in 2025.

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