Recently，Sany Heavy Industry Releases Employee Stock Ownership Plan in 2023，The scale of establishment shall not exceed5.900 million yuan，Plan to repurchase shares at a price of 16..13 yuan/Shares，The source of funds is the incentive fund calculated according to the relevant regulations of the company.。

This is the fourth consecutive year that Sany Heavy Industries has launched an employee stock ownership plan funded by incentive funds.。This will be conducive to the establishment of、Improve the incentive and restraint mechanism，Mobilize the enthusiasm and creativity of employees，Effectively integrate the interests of shareholders、The interests of listed companies are combined with the personal interests of operators.，Make all parties pay attention to the long-term development of Sany Heavy Industry。

The stock source of this employee stock ownership plan is the shares repurchased by Sany Heavy Industry's special account for repurchase.，No more than 36.62 million shares in total，The total amount shall not exceed 1% of the current total share capital of Sany Heavy Industry%，The participants are directors of Sany Heavy Industry.、Supervisor、Senior management、Middle management、Personnel in key positions、Core business（Technology）Personnel。

From 2020 to 2023，Sany Heavy Industry has launched the same type of employee stock ownership plan every year.，Share the fruits of the company's development with the staff.。Among：

2020，Sany granted 8.31 million shares to 2,264 people，Of which 71.52%Granted to middle management、Personnel in key positions、Core business（Technology）Personnel。

2021，Sany granted 7.54 million shares to 4,205 people，Of which 91.33%Granted to middle management、Personnel in key positions、Core business（Technology）Personnel。

2022，Sany granted 20.5 million shares to 6996 people，Of which 94.26%Granted to middle management、Personnel in key positions、Core business（Technology）Personnel。

2023，Sany granted 36.62 million shares to 7,131 people，Of which 95.69%Granted to middle management、Personnel in key positions、Core business（Technology）Personnel。

The number of people granted equity incentives has increased year by year.，The equity ratio of middle-level and backbone shares has also increased year by year.，Fully reflect Sany Heavy Industry“Grow together、Conspire for development、Share the results”The idea of。

The same type of employee stock ownership plan has been launched for four consecutive years.，Greatly stimulated the enthusiasm of employees.。Especially this year，Sany Heavy Industry Launches Employee Stock Ownership Plan，Under the background of economic recovery, Sany products have added new impetus to earn foreign exchange and make profits overseas.，It has greatly inspired the fighting spirit and ambition of the Trinity people.，Gather the hearts of the staff together，Significant demonstration effect and wealth effect have been formed.。