en.Wedoany.com Reported - XCMG Construction Machinery Co., Ltd. (XCMG Machinery, 000425.SZ) announced on June 25, 2026, that its controlling shareholder, Xuzhou Construction Machinery Group Co., Ltd., has successfully completed its share buyback plan. Prior to the buyback, XCMG Group held a 20.94% stake. Through the Shenzhen Stock Exchange trading system, XCMG Group purchased 9.1572 million shares of the company from December 26, 2025, to June 25, 2026, with a total buyback amount of 99.9339 million yuan, at an average price of 10.91 yuan per share. After the buyback, XCMG Group's shareholding increased to 2.47 billion shares, raising its stake to 21.09%.

Headquartered in Xuzhou City, Jiangsu Province, XCMG Group is a leading construction machinery manufacturer in China. The buyback plan was intended to invest between 80 million yuan and 160 million yuan, with no set price range, and a duration of no more than six months starting from December 26, 2025. XCMG Group stated that the buyback was based on confidence in the company's future development and recognition of its long-term value, aiming to promote the company's stable growth, protect shareholder interests, and enhance investor confidence. During the buyback period, XCMG Group did not engage in any share reduction activities.

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