Group 1 - The core point of the news is that Zoomlion Heavy Industry Science & Technology Co., Ltd. has applied for a patent related to a hydraulic control system for supporting legs, indicating ongoing innovation in hydraulic technology [1] - The patent application, titled "Hydraulic Control System, Method and Working Machinery for Supporting Legs," was filed on March 2025 and is aimed at enhancing the safety and efficiency of hydraulic systems [1] - The hydraulic control system includes components such as a leg cylinder, a valve group, and pressure relief devices, which are designed to respond quickly to pressure anomalies, ensuring operational safety [1] Group 2 - Zoomlion Heavy Industry was established in 1999 and is based in Changsha, primarily engaged in the automotive manufacturing sector [2] - The company has a registered capital of approximately 867.8 million RMB and has made investments in 104 enterprises [2] - Zoomlion has participated in around 5,000 bidding projects and holds a significant number of intellectual property assets, including 1,178 trademarks and 5,000 patents [2]

Group 1 - The fourth China-Africa Economic and Trade Expo was held in Changsha, showcasing advanced manufacturing capabilities of Changsha's leading engineering machinery companies like Zoomlion and SANY [3][5] - Zoomlion presented four categories of products including construction cranes, aerial work machinery, earth-moving machinery, and agricultural machinery, tailored to meet the needs of the African market [3][5] - The ZLT3000V501 truck-mounted crane attracted interest from a West African customer, highlighting its superior stability and lifting performance [3][5] Group 2 - High-altitude work machinery and earth-moving machinery received significant attention, with products designed for diverse African user needs, such as the ZE385G hydraulic excavator known for its high-end configuration and energy efficiency [5] - Zoomlion's agricultural machinery, including the TE100 grain combine harvester and RS1604 wheeled tractor, was well-received, emphasizing the company's strong local presence and adaptability to African agricultural modernization [5] - Zoomlion has been a key player in the African market for nearly 20 years, with over 10,000 units of equipment sold, benefiting from a robust overseas business model focused on end-to-end, digital, and localized strategies [5][6]

Group 1 - The article highlights the increasing involvement of Chinese heavy machinery in infrastructure projects across Africa, particularly from Changsha, known as the manufacturing hub for engineering machinery [1] - SANY Group, a leading Chinese equipment manufacturer, showcased 17 products at the China-Africa Economic and Trade Expo, emphasizing its commitment to the African market with the theme "SANY Light Up Africa" [1][3] - SANY's exhibition featured a focus on renewable energy, including the establishment of the "SANY Africa Zero Carbon Technology Park," which demonstrated integrated solutions for microgrid construction [3] Group 2 - The SANY exhibition included a self-sufficient power supply system using high-efficiency solar panels and backup generators, showcasing the company's capability to adapt to the African market [3] - SANY Group and the SANY Foundation initiated a public welfare challenge at the expo, where participants could donate solar lamps to underprivileged areas in Africa, highlighting the company's social responsibility efforts [3] - Since entering the African market in 2002, SANY has established a service network across all 54 African countries, achieving over 20 billion yuan in sales and maintaining a fleet of over 23,000 units [3] Group 3 - Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) also participated in the expo, presenting over 10 products that cater to the construction and agricultural needs of Africa [5] - Zoomlion's products are designed to meet the specific performance and quality requirements of the African construction environment, attracting interest from various African clients [5] - With nearly 20 years of experience in Africa, Zoomlion has become one of the major exporters of construction and agricultural machinery, with over 10,000 units in the region [5]

特此公告。 中联重科股份有限公司 董 事 会 二○二五年六月十二日 1 证券代码：000157 证券简称：中联重科 公告编号：2025－039 号 中联重科股份有限公司 关于回购 H 股股份注销完成的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 中联重科股份有限公司（以下简称"公司"）于 2024 年 11 月 11 日召开的 2024 年度第二次临时股东大会、A 股类别股东大会和 H 股 类别股东大会决议公告审议通过了《关于回购公司部分 H 股一般性 授权的议案》。根据该授权，公司累计回购 H 股股份数量为 29,457,000 股，占公司 H 股股份总数的 1.86%，占公司股份总数（A+H） 的 0.34%，支付总金额为 161,479,127 港元（不含佣金等费用）。 2025年6月11日，公司根据香港联交所相关要求对上述已回购H 股股份进行了注销，尚待办理相关工商变更登记手续。注销后，公司 H股股份总数变更为1,552,507,548股，公司股份总数（A+H）变更为 8,648,535,236股。 ...

中联重科（000157）公告，公司于2024年11月11日召开的2024年度第二次临时股东大会、A股类别股东 大会和H股类别股东大会决议公告审议通过了《关于回购公司部分H股一般性授权的议案》。根据该授 权，公司累计回购H股股份数量为2945.7万股，占公司H股股份总数的1.86%，占公司股份总数(A+H)的 0.34%，支付总金额为1.61亿港元(不含佣金等费用)。2025年6月11日，公司根据香港联交所相关要求对 上述已回购H股股份进行了注销，尚待办理相关工商变更登记手续。注销后，公司H股股份总数变更为 15.53亿股，公司股份总数(A+H)变更为86.49亿股。 ...

Investment Rating - The report maintains a "Recommendation" rating for the engineering machinery industry [2] Core Viewpoints - The domestic sales of excavators turned negative in May 2025, but the overall industry recovery trend remains intact. The report anticipates a steady recovery in demand driven by increased fixed asset investment and local government bond issuance [5][6] - The export of excavators continues to show robust growth, with a year-on-year increase of 5.4% in May 2025, indicating a stable demand in traditional markets and an expanding market share for Chinese brands [5] - The report highlights the rapid increase in the electrification penetration rate of loaders, reaching 26.2% in May 2025, driven by stricter environmental requirements and decreasing lithium battery material costs [5] Summary by Sections Industry Basic Data - The engineering machinery industry consists of 11 listed companies with a total market capitalization of 402.51 billion yuan and a circulating market capitalization of 342.78 billion yuan [2] Sales Performance - In May 2025, excavator sales reached 18,202 units, a year-on-year increase of 2.1%, with domestic sales declining by 1.5% [5] - Loader sales in May 2025 totaled 10,535 units, with domestic sales growing by 16.7% [5] Export Performance - The engineering machinery export trade value for January to April 2025 was 18.07 billion USD, reflecting a year-on-year growth of 9.0% [5] - The top three export markets for Chinese engineering machinery are Russia, the United States, and Indonesia, with varying growth rates [5] Investment Recommendations - The report recommends focusing on companies such as SANY Heavy Industry, Hengli Hydraulic, and Zoomlion, while also suggesting to pay attention to Liugong and XCMG [5][6]

Group 1 - The core point of the announcement is that the shareholder Zoomlion Heavy Industry plans to reduce its stake in Taijia Co., Ltd. by a total of up to 7,552,126 shares, which represents 3% of the company's total share capital [1] - The reduction will occur through two methods: a maximum of 2,517,375 shares (1% of total shares) via centralized bidding and up to 5,034,751 shares (2% of total shares) through block trading [1] - Additionally, the company's Vice President Yang Qianxun intends to reduce his holdings by up to 315,000 shares, accounting for 0.13% of the total share capital, using block trading and/or centralized bidding [1]

证券代码：000157 证券简称：中联重科 公告编号：2025－038 号 中联重科股份有限公司 关于以公开摘牌方式购买北京租赁股权暨关联交易 的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、交易概述 中联重科股份有限公司（以下简称"公司"或"中联重科"）于 2025 年 5 月 20 日召开第七届董事会 2025 年度第二次临时会议、第 七届监事会 2025 年度第二次临时会议，审议通过了《关于以公开摘 牌方式购买北京租赁股权暨关联交易的议案》，同意公司通过公开竞 价摘牌方式分别购买湖南兴湘投资控股集团有限公司（以下简称"兴 湘集团"）、湖南迪策投资有限公司（以下简称"迪策投资"）挂牌转 让的中联重科融资租赁（北京）有限公司（以下简称"北京租赁公司"） 45%、36%股权，挂牌转让底价分别为 90,405.01 万元、72,324.01 万 元。根据公司董事会的授权，公司向湖南省联合产权交易所（以下简 称"湖南联交所"）提交了兴湘集团、迪策投资分别所持北京租赁公 司 45%、36%股权的摘牌申请。2025 年 5 月 28 日，公司与兴湘集团 ...

证券代码：000157 证券简称：中联重科 公告编号：2025－037 号 中联重科股份有限公司 关于召开 2024 年年度股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、召开会议的基本情况 （一）股东大会届次：2024年年度股东大会 （二）股东大会的召集人：公司董事会 《关于召开公司2024年年度股东大会的提案》经公司2025年3 月24日召开的第七届董事会第五次会议审议通过。 （三）会议召开的合法、合规性 公司2024年年度股东大会的召开符合有关法律行政法规部门规 章规范性文件深圳证券交易所《股票上市规则》和《中联重科股份 有限公司章程》的规定。 （四）股东大会召开的日期、时间 1、现场会议召开时间：2025年6月26日14:30 2、网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间：2025 年6月26日上午9:15—9:25，9:30-11:30，下午13:00—15:00； 通过深圳证券交易所互联网投票系统投票的具体时间：2025年 6月26日9:15至15:00期间的任意时间。 （五）会议的召开方式 本次股东大会 ...

中联重科股份有限公司 信息披露暂缓与豁免事务管理制度 第一章 总则 第一条 为规范中联重科股份有限公司（以下简称"公司"）信息披露 暂缓与豁免事务的管理，确保公司信息披露的合规性、及时性和公平性，保护 投资者合法权益，根据《中华人民共和国证券法》《上市公司信息披露暂缓与 豁免管理规定》《深圳证券交易所股票上市规则》（以下简称"《上市规 则》"）等法律法规、自律监管规则以及《中联重科股份有限公司章程》（以 下简称"《公司章程》"）等内部制度，结合公司实际情况，制定本制度。 第二条 公司及信息披露义务人按照《上市规则》及深圳证券交易所 （以下简称"深交所"）其他业务规则等相关法律法规、规范性文件的规定， 办理信息披露暂缓、豁免业务的，适用本制度。 第三条 公司及信息披露义务人应自行审慎判断应当披露的信息是否存 在《上市规则》及深圳证券交易所其他相关业务规则中规定的暂缓、豁免情形， 并接受深圳证券交易所对信息披露暂缓、豁免事项的事后监管。 第二章 暂缓、豁免披露信息的范围 第四条 公司和其他信息披露义务人有确实充分的证据证明拟披露的信 息涉及国家秘密或者其他因披露可能导致违反国家保密规定、管理要求的事项 （以下统称 ...