XCMG announces top shareholders ahead of share repurchase

XCMG Construction Machinery (SZSE:000425) disclosed the list of its top ten shareholders and the top ten shareholders without trading restrictions as of April 28, 2025, preceding the company's share repurchase plan approved on April 26, 2025. Xuzhou Construction Machinery Group Co., Ltd. holds the largest stake with 2,461,325,466 shares, representing 20.83% of the total share capital. Tianjin Maoxin Enterprise Management Partnership (Limited Partnership) follows with 728,675,752 shares (6.17%). Jiangsu Guoxin Group Co., Ltd. holds 581,990,780 shares, accounting for 4.93% of the total. The disclosure is in compliance with regulations regarding share repurchase as outlined by the Shenzhen Stock Exchange. The company's board of directors approved the share repurchase proposal, aiming to repurchase the company's shares for cancellation.