Sany Heavy Equipment 'l Hlds : MAJOR TRANSACTION FUND ENTRUSTMENT AGREEMENT (PRINCIPAL-GUARANTEED IN NATURE) DELAY IN DESPATCH OF CIRCULAR

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS COMPANY LIMITED

三 一 重 裝 國 際 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 631) MAJOR TRANSACTION FUND ENTRUSTMENT AGREEMENT (PRINCIPAL-GUARANTEED IN NATURE) DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement dated 23 January 2017 (the "Announcement") issued by

Sany Heavy Equipment International Holdings Company Limited in relation to the Fund Entrustment Agreement. Capitalised terms used herein shall bear the same meaning as in the Announcement, unless otherwise defined or stated.

As additional time is required for finalising the contents of the circular, it is expected that the despatch of the circular will be extended to a date no later than 28 February 2017.

By Order of the Board

Sany Heavy Equipment International Holdings Company Limited Qi Jian

Chairman

Hong Kong, 20 February 2017

As at the date of this announcement, the executive Directors are Mr. Qi Jian and Mr. Wu Likun, the non- executive Directors are Mr. Tang Xiuguo, Mr. Xiang Wenbo and Mr. Mao Zhongwu, and the independent non-executive Directors are Mr. Ng Yuk Keung, Mr. Poon Chiu Kwok and Mr. Hu Jiquan.

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