en.Wedoany.com Reported - On June 2, China's SANY Heavy Industry Co., Ltd. (SANY Heavy Industry) and Sinohydro Bureau 10 Co., Ltd. (Sinohydro Bureau 10) signed a strategic cooperation agreement at the SANY Group Industrial Park in Changsha City, Hunan Province. The two parties will engage in in-depth cooperation in areas such as market development, engineering equipment research and manufacturing, and smart mining, engineering contracting, focusing on major domestic and international projects, smart mines, and intelligent construction.
Founded in 1994 and headquartered in Changsha, Hunan, SANY Heavy Industry is a leading Chinese manufacturer of construction machinery, with main products including concrete machinery, excavating machinery, hoisting machinery, road machinery, and mining equipment. The company was listed on the Shanghai Stock Exchange in 2003 (stock code 600031) and achieved an operating revenue of approximately RMB 80 billion in 2025. Founded in 1952 and headquartered in Chengdu, Sichuan, Sinohydro Bureau 10 is a wholly-owned subsidiary of the central enterprise Power Construction Corporation of China (PowerChina). It is primarily engaged in engineering general contracting and construction in fields such as water conservancy and hydropower, mining, new energy, and infrastructure, with operations covering more than 20 countries and regions worldwide and an annual construction capacity exceeding RMB 10 billion.
According to the agreement, the two parties will establish a comprehensive strategic partnership based on the principles of "equality and mutual benefit, resource sharing, and complementary advantages." The cooperation will focus on key sectors such as mining, water conservancy and hydropower, and new energy, aligning with major deployments related to the "Belt and Road" Initiative and the "dual carbon" goals. Together, they will promote electric-intelligent complete solutions, smart mine construction, and the joint development and application of engineering equipment. Before the signing ceremony, a delegation led by Liu Xianjun, General Manager of Sinohydro Bureau 10, visited SANY Group's No. 18 Lighthouse Factory to inspect the full-process digital production line for intelligent manufacturing of construction machinery. Tang Xiuguo, Rotating Chairman of SANY Group, stated during the talks that SANY is vigorously advancing its globalization, digitalization, and low-carbon strategies and looks forward to establishing a long-term, in-depth cooperative relationship with Sinohydro Bureau 10. Liu Xianjun, General Manager of Sinohydro Bureau 10, noted that SANY's product system is highly aligned with the business needs of Sinohydro Bureau 10, indicating broad prospects for cooperation between the two sides.
Fu Wei, Deputy General Manager of Sinohydro Bureau 10; Liu Ning, Executive General Manager of its International Company; Zhong Wei, Director of its Procurement Center; as well as Ding Yaojun, Director of SANY's Global Key Account Headquarters; Huang Jianfeng, General Manager of its Heavy Machinery Division; and Zhang Zhihong, General Manager of its Heavy Equipment Division, along with other relevant department heads from both parties, attended the signing event.
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