Zoomlion's proposed repurchase of not more than 3.988 billion yuan shares for employee holding plans

On July 21, 2022, Zoomlion (01157.HK) announced that the company intends to use its own funds to repurchase the company's A shares by centralized bidding, all used for employee shareholding plans; if the company fails to this time this time After the repurchase is completed within three years, the repurchase shares are used for the above -mentioned purposes, and the company's repurchase shares will be canceled according to law.

The number of repurchase shares is not lower than 2.5%of the company's total share capital, and no more than 5%of the total share capital of the company, that is, not less than 21,694.98 million shares and no more than 43,899,611 million shares; this repurchase shares this time The price does not exceed RMB 9.19/share; according to the upper limit of the repurchase shares and the upper limit of the price, it is expected that the total amount of the company's repurchase funds will not exceed 3.988 billion yuan. The source of funds is its own funds. The actual number of shares repurchased prevails.

The period for repurchase shares is no more than 12 months from July 20, 2022.

The company's repurchase shares implementation employee shareholding plan will unify the interests of enterprises, employees, and shareholders, which will help the company's long -term healthy development, to maintain the company's good image in the capital market, enhance public investors' confidence in the company, and further further further Enhance the value of the company and maximize the interests of shareholders.

As of December 31, 2021, the company's total assets were 122 billion yuan, net assets belonging to shareholders of listed companies were 56.87 billion yuan, and mobile assets were 89.25 billion yuan.

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