XCMG Construction Machinery moves forward with 2025 equity incentive plan

XCMG Construction Machinery's Board Compensation and Appraisal Committee has confirmed the eligibility of participants for its 2025 stock option and restricted stock incentive plan. This follows public disclosures of incentive recipients from December 2 to December 11, 2025, during which no objections were raised. The committee's review found all listed individuals meet qualifications, with no ineligible external directors, independent directors, supervisors, or major shareholders included.

The company also disclosed results of its self-inspection regarding insider trading related to the 2025 incentive plan. The self-inspection, covering February 28, 2025, to September 2, 2025, confirmed no registered insiders traded company shares based on undisclosed information.

While 1,284 incentive recipients engaged in stock transactions during the self-inspection period, these actions were determined to be based on publicly available information and independent market judgments, not privileged insider knowledge. XCMG Construction Machinery confirmed it implemented strict confidentiality measures throughout the planning and approval stages, limiting access to inside information.