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XCMG Construction Machinery plans 10bn yuan note issuance

August 12, 2025 at 09:10 AM UTCBy FilingReader AI

XCMG Construction Machinery announced plans to issue up to 10 billion yuan in asset-backed notes, following a previous 10 billion yuan issuance. The notes will have a maximum five-year term and be backed by accounts receivable.

The company also approved a 30 million yuan capital increase for XCMG Marketing to enhance liquidity and asset turnover.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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