SINOMACH Heavy Equipment Group Co., Ltd.SSE: 601399

(601399)"SINOMACH HEAVY EQUIPMENT GROUP CO., LTD."Indicative Announcement on Changes in Shareholders' Equity Interests

· Issued by SINOMACH Heavy Equipment Group Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 601399 · · 4 pages · Chinese

Summary by 6ix AI

Sinomach Heavy Equipment Group Co., Ltd. has announced changes in shareholders' equity interests due to a planned issuance of A shares to a specific entity. The controlling shareholder, China National Machinery Industry Group Corporation, intends to subscribe to all shares issued in this offering. Following the issuance, the controlling shareholder's stake will increase significantly, but there will be no change in control of the company.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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