China's major heavy machinery maker, Sany Heavy Industry Co is planning to enter the nuclear power and jet engine manufacturing business even as it remains cautious on overseas acquisitions, a top company official said.

This would mark another major shift for the company after it diversified into wind power equipment manufacture recently.

"These are our goals and part of our strategic plan," said Xiang Wenbo, president of Sany Heavy Industry on the diversification into nuclear power and jet engine equipment-making business.