Xugong Machinery announced that the Company's 2023 Restricted Stock Incentive Plan reserves some of the conditions for lifting the sales restrictions for the first time. A total of 196 people were eligible to receive incentives. The number of restricted shares that can be lifted is 2,465051 million shares, accounting for 0.02% of the company's current total share capital. The registration date for restricted shares reserved and granted by the company is December 28, 2023, and the first sales restriction period expires on December 27, 2025. It is still necessary to go through the relevant formalities to lift the sales restrictions. After completion, the company will issue an indicative announcement before listing and circulation.

Xugong Machinery announced that the Company's 2023 Restricted Stock Incentive Plan reserves some of the conditions for lifting the sales restrictions for the first time. A total of 196 people were eligible to receive incentives. The number of restricted shares that can be lifted is 2,465051 million shares, accounting for 0.02% of the company's current total share capital. The registration date for restricted shares reserved and granted by the company is December 28, 2023, and the first sales restriction period expires on December 27, 2025. It is still necessary to go through the relevant formalities to lift the sales restrictions. After completion, the company will issue an indicative announcement before listing and circulation.