// Company Overview //
Stock Name 三一重工
Stock Code 06031
Company Full Name 三一重工
Industry 工業製造
Principal Activities 專注於挖掘機械、混凝土機械、起重機械、樁工機械及路面機械等全系列工程機械產品的研發、製造、銷售及服務。
Listing Date 2025-10-28
Listing Rules Era New Rules (after Aug 2025)
Listing Rules Chapter No data
Weighted Voting Rights (WVR) No
Registered Address (Mainland China) 北京市昌平區北清路8號6幢5樓
Business Address (Hong Kong) 新界上水龍琛路39號上水廣場18樓1808-10室
Place of Incorporation No data
Listing Method No data
Listing Board Main Board
Website www.sany.com.cn
Share Registrar 卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact (852)2980 1333
A-Share/US Dual Listing Yes (A股)
// Offering Information //
Offering Mechanism
机制B
Clawback Tiers 机制B不设回拨,公开发售占比维持9.2%
Offer Period 2025-10-20 to 2025-10-23
Offer Price HK$ 21.30 / shares
Offer Price Range Final offer price only, no range
Lot Size 200 shares
Entry Threshold HK$ 4,260
Par Value RMB 1.0 / shares
Global Offering Shares 631,598,800
HK Public Offering Shares 58,042,600 (9.2%)
International Placing Shares 573,556,200 (90.8%)
Offer Ratio ~6.98%
Total Shares Post-IPO 9,054,814,637 shares
Total Global Offering Size HK$ 13,453,054,440
Public Offering Size HK$ 1,236,307,380 (9.2%)
Oversubscription Multiple 52.9x
Valid Applications 115,863
Accepted Applications 81,769
Reallocation No
Total Funds Raised HK$ 1,236,307,380
Greenshoe (Over-allotment Option) Yes
Final Public Offering Share 9.2%
// Valuation & Financials //
Market Cap (at Offer Price) HK$ 192,867,551,768
Pre-IPO Valuation (Last Round) No data
P/E Ratio 不適用(公司處於盈利狀態)
Profit/Loss Status 盈利約人民幣5,975.5百萬元
Period-End Cash Balance No data
Listing Expenses ~HK$ 134,000,000
Listing Expenses / Funds Raised No data
Total Pre-IPO Investment No data
// First Day Performance
First Day Close Loading...
First Day Open HK$ 21.3
First Day Change 2.82%
First Day Volume 138330000.0
First Day Turnover 2991670000.0
// Price Chart //
// Use of Proceeds
Use of Proceeds 1、約45.0%即5,366.7百萬港元將用于進一步發展公司的全球銷售及服務網絡,以提高全球品牌知名度、市場滲透率和服務效率;
2、約25.0%即2,981.5百萬港元將用于增強公司的研發能力;
3、約20.0%即2,385.2百萬港元將用于擴大海外制造能力和優化生產效率;
4、約10.0%即1,192.6百萬港元將用于營運資金和一般公司用途。
// Underwriting Syndicate //
独家保荐人 (1)
中信证券(香港)有限公司(sole)
保荐人兼整体协调人 (1)
中信里昂证券有限公司(sole)
整体协调人 (2)
中信里昂证券有限公司
中国国际金融香港证券有限公司
联席全球协调人 (6)
中信里昂证券有限公司
中国国际金融香港证券有限公司
中银国际亚洲有限公司
招商证券(香港)有限公司
农银国际融资有限公司
工银国际证券有限公司
联席账簿管理人 (6)
中信里昂证券有限公司
中国国际金融香港证券有限公司
中银国际亚洲有限公司
招商证券(香港)有限公司
农银国际融资有限公司
工银国际证券有限公司
联席牵头经办人 (6)
中信里昂证券有限公司
中国国际金融香港证券有限公司
中银国际亚洲有限公司
招商证券(香港)有限公司
农银国际证券有限公司
工银国际证券有限公司
资本市场中介人 (7)
中信里昂证券有限公司
中国国际金融香港证券有限公司
中银国际亚洲有限公司
招商证券(香港)有限公司
农银国际融资有限公司
农银国际证券有限公司
工银国际证券有限公司
// Service Providers //
Role Institution
本公司法律顾问
高伟绅律师事务所
湖南启元律师事务所
Ashurst (Tokyo)
保荐人/包销商法律顾问
年利达律师事务所
竞天公诚律师事务所
核数师兼申报会计师
安永会计师事务所
行业顾问
弗若斯特沙利文(北京)咨询有限公司上海分公司
收款银行
中国银行(香港)有限公司
中国工商银行(亚洲)有限公司
中国农业银行香港分行
中国建设银行(亚洲)股份有限公司
// Cornerstone Investors //
Allotment Results Announcement
# Investor Name Shares Subscribed % of Offer Shares % of Total Shares Lock-up Period Est. Unlock Date
1
三一集團
2,496,685,089
27.42%
—
2026-04-27
2026-04-27
2
梁穩根
235,840,517
2.59%
—
2026-04-27
2026-04-27
3
唐修國
29,277,150
0.32%
—
2026-04-27
2026-04-27
4
Aranda Investments Pte. Ltd(.「淡马锡」)
27,402,000
4.34%
0.30%
—
—
5
向文波
27,193,189
0.30%
—
2026-04-27
2026-04-27
6
北京市三一
25,931,687
0.28%
—
2026-04-27
2026-04-27
7
毛中吾
22,058,590
0.24%
—
2026-04-27
2026-04-27
8
盈峰基金系列2開放式基金型公司-盈
21,921,600
3.47%
0.24%
—
—
9
盈峰資本
21,921,600
3.47%
0.24%
2026-04-27
2026-04-27
10
UBS Asset Management (Singapore) Ltd.
18,268,000
2.89%
0.20%
—
—
11
LMR Multi-Strategy Master Fund
18,268,000
2.89%
0.20%
—
—
12
HHLRA
18,268,000
2.89%
0.20%
2026-04-27
2026-04-27
13
UBSAMSingapore
18,268,000
2.89%
0.20%
2026-04-27
2026-04-27
14
LMR
18,268,000
2.89%
0.20%
2026-04-27
2026-04-27
15
袁金華
17,008,519
0.19%
—
2026-04-27
2026-04-27
16
貝萊德基金附註3
16,110,200
2.55%
0.18%
—
—
17
貝萊德基金
16,110,200
2.55%
0.18%
2026-04-27
2026-04-27
18
加皇環球資產管理(亞洲)有限公司
14,614,400
2.31%
0.16%
—
—
19
WT資產管理有限公司(「WT資產管
14,614,400
2.31%
0.16%
—
—
20
RBCGAM
14,614,400
2.31%
0.16%
2026-04-27
2026-04-27
21
WT資產管理
14,614,400
2.31%
0.16%
2026-04-27
2026-04-27
22
Oaktree Capital Management,
10,960,800
1.74%
0.12%
—
—
23
景林資產管理香港有限公司(「香港景
10,960,800
1.74%
0.12%
—
—
24
Ghisallo Fund Master Ltd(.「Ghisallo」)
10,960,800
1.74%
0.12%
—
—
25
FengHe Asia Fund Ltd(.「Fenghe」)
10,960,800
1.74%
0.12%
—
—
26
Qube Master Fund Ltd( 「QRT」)
10,960,800
1.74%
0.12%
—
—
27
Oaktree
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
28
睿遠
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
29
香港景林
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
30
Ghisallo
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
31
JaneStreet
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
32
Fenghe
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
33
QRT
10,960,800
1.74%
0.12%
2026-04-27
2026-04-27
34
Pinpoint Asset Management Limited
9,353,200
1.48%
0.10%
—
—
35
Pinpoint
9,353,200
1.48%
0.10%
2026-04-27
2026-04-27
36
上海高毅及中信証券國際資本管理有限
8,768,600
1.39%
0.10%
—
—
37
上海高毅及CSICM(有
8,768,600
1.39%
0.10%
2026-04-27
2026-04-27
38
濰柴動力(香港)國際發展有限公司
7,307,200
1.16%
0.08%
—
—
39
大家人壽保險股份有限公司(「大家保
7,307,200
1.16%
0.08%
—
—
40
陝西法士特汽車傳動集團有限公司(「法
7,307,200
1.16%
0.08%
—
—
41
惠理基金管理香港有限公司及惠理基金
7,307,200
1.16%
0.08%
—
—
42
濰柴動力香港
7,307,200
1.16%
0.08%
2026-04-27
2026-04-27
43
大家保險
7,307,200
1.16%
0.08%
2026-04-27
2026-04-27
44
法士特
7,307,200
1.16%
0.08%
2026-04-27
2026-04-27
45
惠理
7,307,200
1.16%
0.08%
2026-04-27
2026-04-27
46
易小剛
2,322,350
0.03%
—
2026-04-27
2026-04-27
47
周褔貴
2,265,000
0.02%
—
2026-04-27
2026-04-27
48
Perseverance Asset Management
2,192,000
0.35%
0.02%
—
—
49
PerseveranceAsset
2,192,000
0.35%
0.02%
2026-04-27
2026-04-27
50
上海保銀及CICCFT(就
1,607,400
0.25%
0.02%
2026-04-27
2026-04-27
// Directors & Management //
Chairman 向文波
Company Secretary 秦致妤
執行董事 (2)
# Name English Name Type
1
向文波
—
執行董事
2
俞宏福
—
執行董事
非執行董事 (2)
# Name English Name Type
1
梁稳根
—
非執行董事
2
梁在中
—
非執行董事
獨立非執行董事 (6)
# Name English Name Type
1
伍中信
—
獨立非執行董事
2
席卿
—
獨立非執行董事
3
蓝玉权
—
獨立非執行董事
4
刘道君
—
獨立非執行董事
5
李道成
—
獨立非執行董事
6
姚川大
—
獨立非執行董事
// Major Shareholders //
Major Shareholders & Holdings 三一集團持有約29.46%的A股,梁穩根先生持有約2.78%的A股,並通過三一集團間接持有約29.77%的A股。
// Allotment Benchmarks //
Expand Allotment Tiers ▼ ▾
Pool A (Small Subscriptions)
Shares Applied Applicants Allottees Expected Lots
200
45,385
22,693
0.50
400
20,877
12,605
0.60
600
3,902
2,631
0.67
800
2,211
1,613
0.73
1,000
6,145
5,026
0.82
1,200
1,141
1,025
0.90
1,400
963
937
0.97
1,600
840
35
1.04
1,800
721
77
1.11
2,000
9,076
1,529
1.17
3,000
1,807
795
1.44
4,000
3,327
2,227
1.67
5,000
1,954
1,705
1.87
6,000
1,083
62
2.06
7,000
644
146
2.23
8,000
627
242
2.38
9,000
497
266
2.53
10,000
3,451
2,331
2.67
20,000
2,153
1,771
3.82
30,000
1,003
712
4.71
40,000
760
351
5.46
50,000
926
117
6.12
60,000
475
346
6.72
70,000
340
97
7.28
80,000
318
256
7.80
90,000
229
67
8.28
100,000
1,525
1,147
8.75
200,000
1,012
510
12.50
Pool B (Large Subscriptions)
Shares Applied Applicants Allottees Expected Lots
300,000
1,215
1,215
18.75
400,000
249
245
25.00
500,000
224
47
31.25
600,000
102
44
37.50
700,000
87
57
43.75
800,000
51
45
50.00
900,000
37
4
56.25
1,000,000
246
73
62.50
2,000,000
96
35
124.00
3,000,000
64
22
186.00
4,000,000
26
7
248.00
5,000,000
16
2
310.00
6,000,000
6
6
372.00
7,000,000
9
7
434.00
8,000,000
2
2
496.00
9,000,000
9
3
558.00
10,000,000
16
2
620.00
20,000,000
8
7
1240.00
29,021,200
8
4
1784.80
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