XCMG(SZ:000425) Zheng Quan Zhi Xing·2025-05-27 12:23Core Viewpoint - The company plans to repurchase shares for cancellation and to reduce registered capital, aiming to enhance investor confidence and improve its market image [1][2]. Group 1: Share Repurchase and Cancellation - The company has approved a plan to repurchase shares using its own funds through the secondary market, which will be used for cancellation and reduction of registered capital [1][2]. - The repurchased shares will be canceled within ten days after the completion of the buyback [1]. - The company will notify creditors regarding the share repurchase and cancellation, allowing them to claim debts within specified timeframes [3][4]. Group 2: Performance Commitment Compensation - The company has agreed to repurchase 743,331 shares from Xuzhou Engineering Machinery Group Co., Ltd. at a total price of RMB 1.00 due to unmet performance commitments [2]. - This repurchase is part of the company's broader strategy to manage performance-related obligations and ensure compliance with commitments made during the merger [2].