Core Viewpoint - XCMG Machinery plans to repurchase shares worth between 300 million and 600 million RMB to reduce its registered capital [1] Summary by Category Company Actions - The company announced a share repurchase plan using its own funds through centralized bidding [1] - The repurchase amount will be no less than 300 million RMB and no more than 600 million RMB [1] - The maximum repurchase price is set at 13 RMB per share [1] - The repurchased shares will be used to reduce the company's registered capital [1] - The repurchase period will last no more than twelve months from the date of approval by the shareholders' meeting [1]

证券代码：000425 证券简称：徐工机械 公告编号：2025-28 徐工集团工程机械股份有限公司 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的内容真实、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）股东大会召集人：公司董事会，公司第九届董事会第 三十二次会议决定召开。 （三）会议的召开符合《公司法》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第1号——主板 上市公司规范运作》和公司《章程》的有关规定。 （四）会议召开的日期和时间 现场会议召开时间为：2025年5月27日（星期二）下午2:30； 网络投票时间为：2025年5月27日（星期二）具体如下： 通过深圳证券交易所交易系统进行网络投票的具体时间为： 2025年5月27日的交易时间，即9:15—9:25，9:30—11:30和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为： 2025年5月27日9:15-15:00。 （五）会议的召开方式 本次股东大会采取会议现场投票和网络投票相结合的方 ...

Financial Performance - In 2024, the company's operating revenue was approximately ¥91.66 billion, a decrease of 1.28% compared to ¥92.85 billion in 2023[15]. - The net profit attributable to shareholders increased by 12.20% to ¥5.98 billion from ¥5.33 billion in the previous year[15]. - The net profit after deducting non-recurring gains and losses rose by 28.14% to ¥5.76 billion, compared to ¥4.50 billion in 2023[15]. - Cash flow from operating activities increased significantly by 60.18% to ¥5.72 billion, up from ¥3.57 billion in 2023[15]. - Basic earnings per share improved by 13.33% to ¥0.51, compared to ¥0.45 in the previous year[15]. - The weighted average return on equity increased to 10.30%, up by 0.44 percentage points from 9.86% in 2023[15]. - Total assets at the end of 2024 were approximately ¥160.97 billion, a slight decrease of 0.63% from ¥161.99 billion in 2023[15]. - The net assets attributable to shareholders increased by 5.64% to ¥59.31 billion, compared to ¥56.14 billion at the end of 2023[15]. - The company achieved a total revenue of 91.66 billion yuan, a year-on-year decrease of 1.28%, while the net profit attributable to shareholders was 5.976 billion yuan, representing a year-on-year increase of 12.2%[48]. - The cash flow improved significantly, reaching 5.720 billion yuan, a year-on-year increase of 60.18%[48]. Market and Sales Performance - The company's total revenue for Q1 2024 was approximately ¥24.17 billion, with Q2 at ¥25.46 billion, Q3 at ¥19.09 billion, and Q4 at ¥22.93 billion[19]. - The net profit attributable to shareholders for Q1 2024 was about ¥1.60 billion, Q2 was ¥2.10 billion, Q3 was ¥1.60 billion, and Q4 was ¥667 million[19]. - The revenue from domestic sales was ¥49.97 billion, accounting for 54.52% of total revenue, down 10.17% year-on-year[56]. - Revenue from overseas sales increased by 12.00% to ¥41.69 billion, representing 45.48% of total revenue[56]. - The company maintained a leading market share in 16 categories of main engine products, with domestic sales share increasing[47]. - The sales net profit margin and gross profit margin both improved, indicating enhanced operational efficiency[48]. - The company’s new energy loader sales doubled, securing the top position globally in this segment[49]. - The revenue from the agricultural machinery segment increased by over 170%, driven by high-end product expansion[50]. - The company’s international market presence was strengthened, with export revenue increasing by over 60%[49]. Research and Development - The company has established 42 provincial-level or above R&D platforms, with a total of 11,981 effective authorized patents, including 4,252 invention patents and 329 international patents[35]. - The company launched over 1,600 new patents in the year, including more than 750 invention patents[53]. - The company’s R&D investment amounted to ¥5,597,907,614.71 in 2024, representing an increase of 11.10% compared to ¥5,038,688,679.11 in 2023[68]. - The proportion of R&D investment to operating revenue rose to 6.11% in 2024 from 5.43% in 2023, an increase of 0.68%[68]. - The number of R&D personnel increased by 12.13% to 7,619 in 2024 from 6,795 in 2023, with the proportion of R&D staff rising to 27.42%[68]. - The company has developed several globally leading major equipment, including the world's largest XCA4000 all-terrain crane and the world's largest XC9108-EV pure electric loader[36]. Strategic Initiatives and Future Outlook - The company plans to distribute a cash dividend of ¥1.80 per 10 shares to shareholders[3]. - The company is focused on expanding its global market presence and enhancing its supply chain management to improve procurement quality and efficiency[29]. - The company is committed to accelerating the development of new energy products in response to national carbon reduction goals[27]. - The company aims to enhance its international operations through a new organizational structure and a focus on large clients[52]. - The company is committed to maintaining transparency and accountability in its investment projects and financial reporting[92]. - The company anticipates a revenue growth of over 10% year-on-year for 2025, with a focus on increasing net profit and cash flow at a rate exceeding revenue growth[107]. - The company is exploring new strategies to improve operational efficiency and drive growth in emerging markets[92]. - The company is committed to risk control and maintaining high-quality growth while adapting to changes in the competitive landscape[101]. Governance and Compliance - The company has been recognized for its governance practices, receiving the "2024 Excellent Practice Case" award from the China Listed Companies Association[127]. - The company has maintained a high level of information disclosure, achieving the highest grade A for seven consecutive years[128]. - The company has a complete and independent financial management department with a well-established accounting system and internal control mechanisms[144]. - The company has implemented a management system for insider information, ensuring compliance with relevant laws and regulations[143]. - The company’s board of directors and supervisory board operate independently without any hierarchical relationship with the controlling shareholder[144]. - The company has not reported any significant differences between its governance practices and the regulations set forth by the China Securities Regulatory Commission[143]. Environmental Compliance - The company strictly adheres to multiple environmental protection laws and regulations, including the Environmental Protection Law of the People's Republic of China and the Air Pollution Prevention and Control Law[195]. - The company holds various environmental permits, with validity periods extending from 2023 to 2029, issued by the Xuzhou Ecological Environment Bureau[195]. - The company is classified as a key pollutant discharge unit by the environmental protection department[195]. - The company has implemented measures to fulfill its environmental protection responsibilities effectively[195]. - XuGong's environmental compliance shows that it has met all regulatory standards with no exceedances reported in pollutant emissions[196].

Financial Performance - The company's revenue for Q1 2025 reached ¥26,814,827,047.81, representing a 10.92% increase compared to ¥24,174,419,759.02 in the same period last year[5] - Net profit attributable to shareholders was ¥2,022,489,702.36, a 26.37% increase from ¥1,600,471,771.14 year-on-year[5] - Basic and diluted earnings per share increased by 26.67% to ¥0.171 from ¥0.135 in the same period last year[5] - Net profit for the period was ¥2,030,786,831.70, representing a growth of 26.8% from ¥1,602,176,491.98 in the same quarter last year[22] - The company achieved an operating profit of ¥2,442,953,193.74, compared to ¥1,881,106,894.77 in the previous year, indicating a significant increase[22] Cash Flow - The net cash flow from operating activities surged by 257.23% to ¥826,100,852.39, compared to ¥231,251,589.22 in the previous year[5] - Operating cash flow for the current period was ¥826,100,852.39, a significant increase from ¥231,251,589.22 in the previous period, reflecting a growth of approximately 257%[23] - Cash inflow from operating activities totaled ¥27,807,730,994.38, compared to ¥26,630,043,734.83 in the previous period, showing a growth of approximately 4.4%[23] - Cash outflow from operating activities was ¥26,981,630,141.99, slightly higher than ¥26,398,792,145.61 in the previous period, resulting in a net cash flow from operations of ¥826,100,852.39[23] - The company reported a total cash and cash equivalents balance of ¥19,225,070,069.13 at the end of the period, an increase from ¥15,927,494,975.92 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥171,750,266,993.85, a 6.70% increase from ¥160,969,811,609.42 at the end of the previous year[5] - Total liabilities rose to ¥109,182,139,467.83, an increase of 8.3% from ¥100,508,068,556.32 year-over-year[19] - The company's total liabilities and equity structure remains stable, with no significant changes reported in the shareholder equity section[15] Investment and Shareholder Information - The company reported a significant increase in investment income by 1064.68%, attributed to higher returns from equity investments during the holding period[8] - The number of ordinary shareholders at the end of the reporting period was 108,828, with the largest shareholder holding 20.83% of the shares[10] - The total equity attributable to shareholders of the parent company increased to ¥61,429,943,910.59, compared to ¥59,308,738,075.25 in the previous year, marking a growth of 3.6%[19] Operational Metrics - Operating costs amounted to ¥24,249,150,558.00, up 8.2% from ¥22,408,722,882.78 year-over-year[20] - Research and development expenses were ¥873,490,984.81, slightly down from ¥888,564,502.81 in the previous year[20] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[16] Other Financial Metrics - The weighted average return on equity improved by 0.54 percentage points to 3.35% from 2.81%[5] - Other comprehensive income after tax amounted to ¥50,637,473.45, compared to ¥36,972,211.41 in the previous year, showing an improvement[22] - The company has no significant non-recurring gains or losses that would affect the financial results[7]

证券代码：000425 证券简称：徐工机械 公告编号：2025-15 徐工集团工程机械股份有限公司 第九届监事会第十六次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 - 1 - （二）关于计提减值准备的议案 一、监事会会议召开情况 徐工集团工程机械股份有限公司（以下简称"公司"）第九 届监事会第十六次会议通知于 2025 年 4 月 16 日（星期三）以书 面方式发出，会议于 2025 年 4 月 26 日（星期六）以现场方式召 开，现场会议在公司 706 会议室召开，监事会主席甄文庆先生主 持会议。公司监事会成员 7 人，现场出席会议的监事 7 人，实际 行使表决权的监事 7 人：甄文庆先生、张连凯先生、程前女士、 章旭女士、李格女士、蒋磊女士、马景亚先生。本次会议的召集、 召开和表决程序符合有关法律、法规和公司《章程》的规定，会 议形成的决议合法有效。 二、监事会会议审议情况 （一）2024 年度监事会工作报告 表决情况为：7 票同意，0 票反对，0 票弃权。 该议案尚需提交公司 2024 年年度股东大会审议。 内容详见 2025 年 4 ...

独立董事专门会议第五次会议决议 一、会议召开情况 徐工集团工程机械股份有限公司（以下简称"公司"）第九届 董事会独立董事专门会议第五次会议通知于 2025 年 4 月 16 日 （星期三）以书面方式发出，会议于 2025 年 4 月 26 日（星期六） 以现场方式召开，独立董事耿成轩女士主持会议。公司独立董事 3 人，现场出席会议的独立董事 3 人，实际行使表决权的独立董 事 3 人：耿成轩女士、况世道先生、杨林先生。本次会议的召集、 召开和表决程序符合有关法律法规和公司《章程》《独立董事工 作制度》的规定，会议形成的决议合法有效。 二、会议审议情况 本次会议以记名方式投票表决，审议通过以下事项： 徐工集团工程机械股份有限公司第九届董事会 - 1 - 鉴于此，公司独立董事一致同意将《关于预计 2025 年度日 常关联交易的议案》提交公司第九届董事会第三十二次会议审 议，关联董事应回避表决。 （二）关于公司吸收合并徐工集团工程机械有限公司暨关联 交易 2024 年度业绩承诺完成情况及实施业绩补偿的议案 经核查，公司独立董事认为徐工有限及其下属公司中以收益 法评估的资产于本次吸收合并业绩补偿期间的收入分成数未能 ...

徐工集团工程机械股份有限公司 关于 2024 年度利润分配预案的公告 证券代码：000425 证券简称：徐工机械 公告编号：2025-18 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1.徐工集团工程机械股份有限公司（以下简称"徐工机械"或 "公司"）2024 年度利润分配预案为：以实施利润分配时股权登 记日享有利润分配权的股份总数为基数，向全体股东每 10 股派 发现金红利 1.80 元（含税），公司通过回购专用账户持有的本 公司股份，不享有参与利润分配的权利。若在本利润分配方案实 施前公司总股本因股份回购、股权激励行权、再融资、新增股份 上市等原因发生变动，公司将按照分配比例不变的原则对分配总 额进行调整。 2.公司利润分配预案不触及《深圳证券交易所股票上市规 则》第 9.8.1 条规定的可能被实施其他风险警示情形。 公司于 2025 年 4 月 26 日召开第九届董事会第三十二次会议 审议通过了《2024 年度利润分配预案》，表决情况为：9 票同意， 0 票反对，0 票弃权。 本次利润分配预案尚需提交公司 2024 年年度股东大会审 议。 ...

证券代码：000425 证券简称：徐工机械 公告编号：2025-22 徐工集团工程机械股份有限公司 关于公司吸收合并徐工集团工程机械有限公司 暨关联交易 2024 年度业绩承诺完成情况 及实施业绩补偿的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 徐工集团工程机械股份有限公司（以下简称"徐工机械"或 "公司"）于 2025 年 4 月 26 日召开第九届董事会第三十二次会 议、第九届监事会第十六次会议审议通过《关于公司吸收合并徐 工集团工程机械有限公司暨关联交易 2024 年度业绩承诺完成情 况及实施业绩补偿的议案》。现将相关情况公告如下： 一、本次交易的基本情况 2021 年 11 月 17 日，徐工机械召开 2021 年第四次临时股东 大会，审议通过《关于公司吸收合并徐工集团工程机械有限公司 暨关联交易方案的议案》。 2022 年 7 月 8 日，公司收到中国证监会核发的《关于核准 徐工集团工程机械股份有限公司向徐州工程机械集团有限公司 等发行股份吸收合并徐工集团工程机械有限公司的批复》（证监 许可[2022]1281 号），对本次交易予以核准。 ...

1.拟回购股份的种类：人民币普通股（A 股）。 2.回购股份的用途：减少公司注册资本。 3.回购价格区间：不超过人民币 13 元/股（含本数）。 4.回购资金总额及资金来源：本次回购资金总额不超过人民 币 60,000 万元（含），不低于人民币 30,000 万元（含）。回购所 需资金全部来源于公司自有资金。 证券代码：000425 证券简称：徐工机械 公告编号：2025-25 徐工集团工程机械股份有限公司 关于回购公司股份并用于注销的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 重要内容提示： 5.回购数量：在本次回购价格不超过人民币 13 元/股条件下， 按照回购资金总额不超过 60,000 万元测算，预计回购股份的数 量不超过 4,615.38 万股，约占公司目前已发行总股本的 0.39%； 按照回购资金总额不低于 30,000 万元测算，预计回购股份的数 量不低于 2,307.69 万股，约占公司目前已发行总股本的 0.20%。 具体回购股份的数量以回购期限届满时实际回购的股份数量为 准。 6.回购期限：自公司股东大会审议通过本回购股份方案之日 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 徐工集团工程机械股份有限公司（以下简称"公司"）分别于 2024 年 4 月 28 日、2024 年 5 月 22 日召开第九届董事会第十七 次会议、2023 年年度股东大会，审议通过了《关于回购公司股份 的议案》，同意公司以自有资金通过二级市场回购公司股份，本次 回购的股份将用于减少公司注册资本，并自回购完成之日起十日 内注销。本次回购资金总额不超过人民币 60,000 万元（含），不 低于人民币 30,000 万元（含），回购价格不超过人民币 8.5 元/股 （含）。本次回购股份的实施期限自公司股东大会审议通过回购 股份方案之日起不超过十二个月。具体内容详见公司刊登在巨潮 资讯网（www.cninfo.com.cn）的《第九届董事会第十七次会议决 议公告》（公告编号：2024-04）、《关于回购公司股份的公告》（公 告编号：2024-12）、《2023 年年度股东大会决议公告》（公告编号： 2024-18）和《关于回购股份用于注销并减少注册资本暨通知债权 人的公告》（公告编号：2024-19）。 公司已于 2 ...