Changchai (000570.SZ): The People's Government of Xinbei District, Changzhou City will implement the expropriation of the company's foundry buildings.

Changchai (000570.SZ) announced that on March 6, 2025, the company received the "Land Acquisition Decision of Houses on State-owned Land by the People's Government of Xinbei District, Changzhou City" (Changxin Acquisition [2025] No. 1) issued by the People's Government of Xinbei District, Changzhou City. Due to the need for public interest in the redevelopment of the old city area, the People's Government of Xinbei District, Changzhou City has decided to acquire the houses within the scope of the old city renovation project (Phase 1) of the Jinjing Street Company Foundry and surrounding land. Acquisition details: Changjiang Road to the east, Feilong Road to the south, Huashan Road to the west, and Shanghai-Nanjing Intercity Railway to the north, for Changchai Co., Ltd. Changzhou Foundry Branch, with a construction area of 76,179.89 square meters. The acquisition range is the company's original foundry base, which was relocated to its wholly-owned subsidiary Jiangsu Changchai Machinery Co., Ltd. in 2023 and is currently in idle state, it is expected not to have a significant impact on the company's production and operation. The specific compensation amount for this acquisition shall be based on the formal acquisition compensation agreement, and the impact on the company's financial statements is currently uncertain.