XCMG Group plans further investment, boosts stake in XCMG Machinery

XCMG Construction Machinery (XCMG Machinery) announced that its controlling shareholder, XCMG Group, plans to increase its shareholding in the company. XCMG Group intends to invest between 80 million yuan and 160 million yuan in XCMG Machinery shares over six months, starting December 26, 2025. This move aligns with XCMG Group's "Global Investor Three-Year (2025-2027) Return Plan."

On December 26, 2025, XCMG Group executed its first increase, acquiring 1,779,500 shares through concentrated bidding on the Shenzhen Stock Exchange. This initial purchase, valued at 19.97 million yuan, brought XCMG Group's total holding to 2,462,361,635 shares, representing 20.95% of the company's total share capital.

The increase plan does not specify a price range, with XCMG Group intending to execute purchases based on market trends and the company's stock price fluctuations. XCMG Group has committed not to reduce its holdings during the increase period and a legally mandated holding period.