SANY Opens Global Engineering Machinery Remanufacturing Base

16 Jan 2026 CW Team

The facility is China’s first industrial park jointly developed by a pilot free trade zone and a pilot free trade port, strengthening cross-regional industrial collaboration between Hunan and Hainan. By combining manufacturing strengths with favourable trade and tax policies, the park is positioned to support Chinese engineering machinery companies in expanding their international presence.

Construction of the park began in August 2023. Spread across approximately 10 hectares, the project represents a total investment of about USD 85.62 million and is expected to generate an annual output value of roughly USD 107.02 million at full capacity.

Designed as a regional remanufacturing and resource distribution hub, the facility focuses on maintenance and remanufacturing of core engineering machinery components and second-hand equipment sourced from both domestic and overseas markets. The initiative promotes circular use of industrial resources and extends equipment life cycles.

Operating under the Hainan Free Trade Zone framework, the park benefits from tariff preferences on eligible value-added processing, bonded supervision for remanufacturing activities and income-tax incentives under the ‘Dual 15 per cent’ policy.

Commenting on the development, Tang Xiuguo, Chairman of SANY Group, said the project is a key strategic move to deepen globalisation, digitalisation and low-carbon transformation, while accelerating the industry’s shift towards greener and more sustainable engineering machinery solutions.

SANY Group has recently commenced operations at its first global engineering machinery remanufacturing base, the SANY Hunan–Hainan Intelligent Manufacturing Industrial Park, located in Dongfang. The opening marks a significant step in the company’s globalisation and sustainability roadmap, with orders worth around USD 14.27 million secured from Southeast Asia and Africa on the launch day. The facility is China’s first industrial park jointly developed by a pilot free trade zone and a pilot free trade port, strengthening cross-regional industrial collaboration between Hunan and Hainan. By combining manufacturing strengths with favourable trade and tax policies, the park is positioned to support Chinese engineering machinery companies in expanding their international presence. Construction of the park began in August 2023. Spread across approximately 10 hectares, the project represents a total investment of about USD 85.62 million and is expected to generate an annual output value of roughly USD 107.02 million at full capacity. Designed as a regional remanufacturing and resource distribution hub, the facility focuses on maintenance and remanufacturing of core engineering machinery components and second-hand equipment sourced from both domestic and overseas markets. The initiative promotes circular use of industrial resources and extends equipment life cycles. Operating under the Hainan Free Trade Zone framework, the park benefits from tariff preferences on eligible value-added processing, bonded supervision for remanufacturing activities and income-tax incentives under the ‘Dual 15 per cent’ policy. Commenting on the development, Tang Xiuguo, Chairman of SANY Group, said the project is a key strategic move to deepen globalisation, digitalisation and low-carbon transformation, while accelerating the industry’s shift towards greener and more sustainable engineering machinery solutions.

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