Ashurst Advises SANY Heavy Industry on Successful Hong Kong IPO

"Global law firm Ashurst served as international sanctions counsel for SANY Heavy Industry Co., Ltd. during its successful listing of H shares on the Hong Kong Stock Exchange, marking one of the largest construction machinery IPOs in recent years and the third-largest in Hong Kong for 2025. Founded in 1994, SANY Heavy Industry is a leading global construction machinery manufacturer, with products sold in over 150 countries. The Ashurst team, led by Alexander Dmitrenko, provided expertise in international sanctions and compliance matters, reinforcing their commitment to supporting SANY's ongoing needs."

Global law firm Ashurst acted as the international sanctions counsel to SANY Heavy Industry Co., Ltd. ("SANY Heavy Industry") in its successful listing of H shares on the Main Board of the Hong Kong Stock Exchange. This significant transaction is recognized as one of the largest construction machinery IPOs globally in recent years and marks the third-largest IPO on the Hong Kong SAR market to date in 2025. SANY Heavy Industry, founded in 1994, is a leading global player in the construction machinery sector, with a diverse portfolio of products sold in over 150 countries, making it the largest construction machinery company in China and the third-largest worldwide. The Ashurst team advising on this transaction was led by Alexander Dmitrenko, the Tokyo office managing partner, with support from senior associate Vicki Tang. Additional assistance was provided by associates Kenneth Lee and Eleanor Zhao, as well as legal manager Joyce Ng.

Ashurst Advises SANY Heavy Industry on Successful Hong Kong IPO

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