February 5, 2025, the sixth day of the first lunar month,SanyHeavyMachinery Co., Ltd. grandly held a commencement ceremony at the Kunshan Industrial Park, officially launching the struggle journey of the new year.

Mr. Chen Jiayuan, Chairman of Sany Heavy Machinery, Mr. Wang Zheng, General Manager, and other core leadership team members gathered with all employees to witness this important moment.

Sany Heavy Machinery grandly held a commencement ceremony at the Kunshan Industrial Park

Sany Rotary Drilling Rig

At 7:58 a.m., the commencement ceremony officially began. Amid the cheers of all employees lined up neatly, Mr. Zhang Ketong, Deputy Director of the CEO Office of Sany Heavy Machinery, presided over the ceremony and, on behalf of the company, extended New Year greetings to all employees.

Mr. Zhang Ketong, Deputy Director of the CEO Office of Sany Heavy Machinery, presiding

Subsequently, Mr. Chen Jiayuan, Chairman of Sany Heavy Machinery, and Mr. Wang Zheng, General Manager of Sany Heavy Machinery, delivered enthusiastic speeches respectively, expressing firm confidence and good expectations for the development of the new year, and encouraging all employees to stay true to their original aspirations, face challenges directly, and devote themselves to the work of the new year with greater enthusiasm and high morale.

Mr. Chen Jiayuan, Chairman of Sany Heavy Machinery, stated: "In 2024, with the joint efforts of all colleagues, we achieved good operating results. Various operating indicators ranked among the best in the group and the industry. In 2025, the domestic market will see slight growth, and the overseas market space is huge. Centering on the 2025 operating goals and the three-year plan and ten-year vision of Heavy Machinery, we must strive for innovation, seek truth and be pragmatic, and work hard in a practical way. We must rapidly improve the operating capability and quality of Heavy Machinery, build it into a top-tier company in the industry that has both scale and profitability and is respected by society, and establish a world-class corporate image for the group, the industry, and society."

Address by Mr. Chen Jiayuan, Chairman of Sany Heavy Machinery

Mr. Wang Zheng, General Manager of Sany Heavy Machinery, stated: "Over the past year, we have experienced many challenges together and also achieved many results. These achievements are inseparable from the hard work and selfless dedication of every colleague. Looking ahead to 2025, we face enormous opportunities and challenges. Before the Spring Festival holiday, we held several consecutive production scheduling meetings to clarify the production goals and tasks for February and for this year. I would also like to share good news with everyone here: in January, sales exceeded expectations and reached the target! We must quickly adjust from the holiday rhythm, switch from Spring Festival mode to struggle mode as soon as possible, and contribute everyone's strength to achieving the 2025 annual goals of Sany Heavy Machinery!"

Address by Mr. Wang Zheng, General Manager of Sany Heavy Machinery

At the commencement ceremony, a grand vehicle departure ceremony was held. Several brand-newwheeledexcavatorswere neatly lined upand ready to depart. As the departure order was issued, the transport fleet drove out of the industrial park in a mighty procession, heading to project sites across the country and injecting strong momentum into the construction tasks of the new year.

The successful holding of the first-day commencement ceremony marks that Sany Heavy Machinery has taken a solid first step in 2025. All employees will meet new challenges with greater enthusiasm and high morale, create new brilliance, and contribute greater strength to the development of the construction machinery industry. At the same time, in January, the sales of Sany Heavy Machinery exceeded expectations, achieving a good start and laying a brand-new foundation for the new year.

Sany Heavy Machinery small excavator production line

    For many years, Sany Heavy Machinery has won the trust and support of global customers with its outstanding product quality and advanced technology. Whether in urban construction, infrastructure construction, or mining, Sany excavators, with their efficient, stable, and durable characteristics, have become capable assistants in numerous engineering projects. Buy an excavator for the New Year, choose a Sany excavator. Let us welcome the new year full of hope and challenges together, move forward hand in hand, and achieve new successes!