The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Xugong Group Construction Machinery Co., Ltd. (hereinafter referred to as "the Company") has achieved the release conditions for the second release period of the first grant under the 2023 stock incentive plan (hereinafter referred to as "the Incentive Plan"). A total of 1,540 eligible participants can release 31,868,711 restricted shares, accounting for 0.27% of the Company's current total equity.
- The listing date for the shares eligible for release under the second release period of the first grant of the 2023 stock incentive plan is June 1, 2026. The Company held the fifth meeting of the tenth board of directors on May 25, 2026, to review and approve the proposal regarding the achievement of the release conditions for the second release period of the first grant under the 2023 stock incentive plan. The board agreed to handle the release of 31,868,711 restricted shares for the 1,540 eligible participants in accordance with the relevant provisions of the Company's "2023 Stock Incentive Plan (Draft)" (hereinafter referred to as "the Incentive Plan"). For specific details, please refer to the relevant announcement disclosed by the Company on May 27, 2026. As of the date of this announcement, the aforementioned stocks have completed the release procedures with the Shenzhen branch of China Securities Depository and Clearing Corporation Limited.