The controlling shareholder of Xugong Machinery (000425.SZ) plans to increase the company's shares by 100 million yuan to 200 million yuan

According to Zhitong Finance App, Xugong Machinery (000425.SZ) announced that Xuzhou Construction Machinery Group Co., Ltd. (“Xugong Group” for short), the controlling shareholder of the company, plans to increase its holdings within six months from August 31, 2026 through methods permitted by the Shenzhen Stock Exchange trading system (including but not limited to centralized bidding, bulk transactions, agreement transfers, etc.), to increase the amount of shares held by no less than 100 million yuan and no more than 200 million yuan (including the increase amount on August 31, 2026).

On August 31, 2026, XCMG increased its holdings by 1.2761 million shares for the first time through centralized bidding transactions through the Shenzhen Stock Exchange trading system, accounting for 0.0109% of the company's total share capital at the time of the increase. The increase amount was 10.098 million yuan (not including transaction fees), and the average increase price was 7.84 yuan/share.