Zoomlion Heavy Industry shareholder adjusts significant equity pledge

Changsha Zoomlion Hesen Investment Partnership (Limited Partnership), a shareholder of Zoomlion Heavy Industry Science And Technology, announced recent adjustments to its shareholdings. On December 4, 2025, the shareholder pledged 140,000,000 shares, representing 20.52% of their total holdings and 1.62% of the company's total share capital. The pledge was made to Guotai Haitong Securities Co., Ltd. for debt repayment, with the pledge period extending until the completion of release procedures.

Concurrently, 150,000,000 shares were released from a previous pledge on December 5, 2025. This prior pledge, also with Guotai Haitong Securities Co., Ltd., represented 21.99% of the shareholder's holdings and 1.73% of the company's total share capital, with an original pledge start date of December 5, 2024.

Following these transactions, Changsha Zoomlion Hesen Investment Partnership (Limited Partnership) and its concerted parties collectively have 516,323,663 shares pledged, accounting for 49.79% of their total holdings and 5.97% of Zoomlion Heavy Industry's total share capital. The company clarified that Changsha Zoomlion Hesen Investment Partnership (Limited Partnership) is not a controlling shareholder or the largest shareholder and confirmed no immediate risks to company operations or governance.