Recently, Shandong Sany Construction Machinery Co., Ltd. has been officially launched, with Mr. Wang Wei appointed as its legal representative and a registered capital of 10 million yuan. The company boasts a comprehensive business portfolio, encompassing the sales of mechanical equipment, construction machinery, software, used car brokerage, automobile sales, and notably, battery sales. According to the equity structure, Shandong Sany Construction Machinery Co., Ltd. is an indirect wholly-owned subsidiary of Sany Heavy Industry Co., Ltd.