Zoomlion Heavy Industry shareholder adjusts significant equity pledge

A significant shareholder in Zoomlion Heavy Industry Science And Technology, announced a new pledge of 46,000,000 shares, representing 6.74% of its total holdings and 0.53% of the company's total share capital. The pledge, effective September 24, 2025, is for the purpose of repaying pledged debts. The counterparty for this new pledge is Huatai Securities (Shanghai) Asset Management Co., Ltd.

Concurrently, the shareholder also completed the release of 60,000,000 shares from a previous pledge. This release, effective September 25, 2025, represented 8.80% of its holdings and 0.69% of the company's total share capital. The initial pledge for these released shares began on September 25, 2024, also with Huatai Securities (Shanghai) Asset Management Co., Ltd.

Following these transactions, the shareholder's total pledged shares amount to 297,500,000 shares, representing 43.61% of its current holdings and 3.44% of Zoomlion Heavy Industry's total share capital. The company clarified that the shareholder is not a controlling shareholder or the largest shareholder and does not act in concert with them, and that the pledges do not pose a risk of forced liquidation or impact the company's operations or governance.