XCMG(SZ:000425) Zheng Quan Zhi Xing·2025-08-25 17:15Core Viewpoint - The announcement details the lifting of restrictions on a significant number of shares of Xugong Group Construction Machinery Co., Ltd., allowing for the circulation of 1,192,310,225 shares, which represents 10.1448% of the company's total share capital [1][7]. Group 1: Non-Public Issuance of Shares - The company has received approval from the China Securities Regulatory Commission to issue a total of 6,970,483,397 A-shares to 17 investors as part of a merger with Xugong Group Construction Co., Ltd. [2] - Following the merger, the total share capital of the company changed from 11,816,166,093 shares to 11,759,650,913 shares due to the cancellation of shares held by the merged entity [3][4]. Group 2: Shareholder Commitments - The shareholders applying for the lifting of share restrictions include Tianjin Maoxin Enterprise Management Partnership, Zibo Jinshi Pengheng Equity Investment Partnership, and Xuzhou Xugong Jinfan Leading Enterprise Management Consulting Partnership, all of which have made commitments regarding the lock-up period of the shares [5][6]. - The lock-up period for the shares acquired through the transaction is set for 36 months, during which the shareholders are prohibited from transferring the shares [5]. Group 3: Changes in Share Capital Structure - After the lifting of restrictions, the total share capital of the company is now 11,752,972,482 shares, with 3,656,133,703 shares still under restriction [4][8]. - The lifting of restrictions on shares is in compliance with relevant laws and regulations, and the independent financial advisors have confirmed that the shareholders have adhered to their commitments made during the restructuring [8].