# XCMG to absorb XCMG Construction Machinery via share issuance

XCMG (000425.SZ) plans to absorb its parent company XCMG Construction Machinery Co., Ltd. by issuing shares to all shareholders. The China Securities Regulatory Commission has accepted the application for review.

- Type: Acquisition
- Announced: 2021-11-24
- Where: China
- Status: announced
- Products: construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [XCMG](https://endata.com/companies/15137.md) (acquirer)
- [XCMG Construction Machinery](https://endata.com/companies/52617.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/609401.html), 2021-11-25: "公司拟通过向控股股东徐工集团工程机械有限公司的全体股东以发行股份的方式实施吸收合并徐工有限."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.