Announcement of Sany Group on Implementing the System of Rotating Chairman of the Board

To meet the needs of the company's operation and management，It is decided by the board of directors，Sany Group implements the system of rotating chairman.。

One、Mr. Tang Xiuguo, Director of the Group、Mr. Xiang Wenbo serves as the rotating chairman of the Group.。

Two、The rotating term of the rotating chairman is six months.，Cycle current value。

Three、The rotating chairman is the top leader of the daily operation of the group during the period of duty.，Its main responsibilities are as follows:：

（1）Take charge of the daily operation of the Group。

（2）Take charge of external reception and public relations affairs。

（3）Organize and implement digitalization、Electrification、Internationalization and other major strategies。

（4）To preside over the collective decision-making of the board of directors on group-level reforms and major issues。

Four、The rotating chairman fully implements the Trinity culture in his daily work.，In particular, we strictly abide by the five cornerstone values of Trinity.：（1）Love the Party and the country，（2）Be honest and law-abiding，（3）Customer first，（4）Staff first，（5）Always have high standards in everything.。

Five、Mr. Liang Wengen ceased to be the Chairman of the Group due to his age.，He is no longer responsible for the daily operation and scheduling of the group.，No more work，No longer participate in foreign affairs。

Based on“Two unprecedented opportunities”——The first is the Chinese dream under the guidance of Xi Jinping's socialist ideology with Chinese characteristics in the new era.，The two is the fourth industrial revolution and the third energy revolution.“Super technical window”，And the group is in the middle of“The third venture”The initial stage of，Mr. Liang Wengen will remain as the Chairman of the Supervisory Committee of the Group for a period of time to come.，And act as the group's general counsel.，Strategy for the development of the Group、Direction and guidance on key capacity building。

Six、The group will further improve the system and decision-making mechanism of various professional committees.。

Hereby announce

Sany Group Co. Ltd

May 15, 2023
 

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