06:12 ET SANY Commences Operations at its First Engineering Machinery Remanufacturing Base in Hainan
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SANY Group has launched its first global engineering machinery remanufacturing base in Hainan, marking a significant step in its globalization and sustainability strategy. The facility, located in Dongfang City, secured orders worth CNY100 million (USD14.27 million) on its opening day. Covering 150 mu (10 hectares) with an investment of CNY600 million (USD85.62 million), it aims for an annual output value of CNY750 million (USD107.02 million). The Park will serve as a remanufacturing center and resource distribution platform, promoting circular reuse of industrial resources and benefiting from tax incentives under the Hainan FTZ framework.
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