XCMG Machinery: 2.4651 million shares of the restricted stock incentive plan reserved for 2023 will be unlocked.

XCMG Machinery announced that the first unlock of the restricted stock incentive plan reserved for the company in 2023 has been achieved. A total of 196 eligible incentive recipients will be able to unlock 2.4651 million restricted stocks, accounting for 0.02% of the company's current total share capital. The registration date for the reserved restricted stocks is December 28, 2023, and the first lock-up period will expire on December 27, 2025. Relevant procedures are still required for the unlock, and a notification will be released by the company before the stocks are allowed for public trading.