Xiamen XGMA Machinery (600815.SH) controlling shareholder intends to increase its holding of company shares by 30 million to 50 million yuan.

Xiamen XGMA Machinery (600815.SH) announced that the controlling shareholder, Xiamen Haiyi Group Co., Ltd. (referred to as "Haiyi Group"), plans to increase its holdings of the company's shares through centralized competitive trading on the Shanghai Stock Exchange within 6 months from the date of the announcement, with a total investment amount of not less than 30 million yuan and not more than 50 million yuan. The source of funds for the shareholding increase: special loans and own funds. Recently, the Industrial and Commercial Bank of China, Xiamen Branch (referred to as "Xiamen ICBC"), issued a commitment letter to Haiyi Group, the controlling shareholder of the company, regarding the special loan project for increasing shareholding in Xiamen XGMA Machinery: subject to the implementation of regulatory policies issued by the People's Bank of China, China Banking and Insurance Regulatory Commission, and China Securities Regulatory Commission regarding the establishment of stock repurchase and increase again loan matters, Xiamen ICBC has agreed to provide special loan support to Haiyi Group for increasing its holding in Xiamen XGMA Machinery, with a loan amount not exceeding 45 million yuan and a maximum loan term of 3 years.