Xugong Machinery: 3.7785 million yuan proposed investment in Xugong Zhanxin Chan Tou

Jinshi Data News on October 7th, XCMG Machinery announced in the evening that the company plans to invest 377.85 million yuan through Xuzhou XCMG Industrial Investment Partnership Enterprise (Limited Partnership) to invest in Xuzhou XCMG Zhanxin Industrial Investment Partnership Enterprise (Limited Partnership). Xuzhou XCMG Zhanxin Industrial Investment Partnership Enterprise (Limited Partnership) acquired 750 million yuan of fund shares (unpaid capital) held by the company's controlling shareholder XCMG Group's Jiangsu Intelligent Manufacturing (Xuzhou) Industrial Special Fund, and participated in the investment of Xuzhou Intelligent Manufacturing Special Fund Manager Xuzhou Zhanxin Private Sale Fund Management Co., Ltd. Xuzhou XCMG Zhanxin Industrial Investment scale is 755.7 million yuan.

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