XCMG Construction Machinery Co., Ltd. (SZSE:000425) announces a share repurchase program. Under the program, the company will repurchase up to CNY 600 million worth of its class A common stock. The shares will be repurchased at a purchase price of CNY 15 per share.

All repurchased shares will be canceled. The share repurchase program will be funded from the company?s own funds. The program will be valid for 12 months from the Company's Shareholders?

Approval Date.