Reference is made to the positive profit alert announcement of Sany Heavy Equipment International Holdings Company Limited dated 3 February 2020 (the "Announcement"). Unless otherwise stated, capitalized terms defined in the Announcement shall have the same meanings when used in this announcement. The Board announced the Shareholders and potential investors that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the year ended 31 December 2019 and other information currently available to the Board, the Company expected to record an increase in net profit for the year ended 31 December 2019 by approximately 45% to 55% as compared to that of the year ended 31 December 2018.