XCMG(SZ:000425) Zheng Quan Zhi Xing·2025-09-02 16:14Core Viewpoint - XCMG Group Engineering Machinery Co., Ltd. has received approval from the Xuzhou Municipal Government State-owned Assets Supervision and Administration Commission for its 2025 stock option and restricted stock incentive plan [1][2] Group 1 - The company held its 38th (temporary) meeting of the 9th Board of Directors on September 2, 2025, where it approved the draft of the stock option and restricted stock incentive plan [1] - The approval from the Xuzhou Municipal Government State-owned Assets Supervision and Administration Commission indicates a principle agreement for the implementation of the incentive plan [1] - The implementation of the 2025 stock option and restricted stock incentive plan is subject to approval by the shareholders' meeting [2] Group 2 - The company will actively promote the related work and comply with relevant regulations, including the Company Law, Securities Law, and the Management Measures for Equity Incentives of Listed Companies [2] - The company is committed to timely information disclosure obligations as per regulatory requirements [2]