ZOOMLION (01157.HK): Extends Duration of First ESOP to April 2032

NewTimeSpace News: On 27 August 2026, Zoomlion Heavy Industry Science and Technology Co., Ltd. (stock code: 01157) announced that the Board, at the eighth meeting of the seventh session of the Board, approved the extension of the duration of the first employee stock ownership plan (ESOP) by 60 months, to 27 April 2032.

According to the announcement, the first ESOP was adopted following Board approval in November 2019 and approval by an extraordinary general meeting in January 2020, and its duration was previously extended by 36 months in March 2024 to 27 April 2027. Based on confidence in the Company's future development and recognition of its value, the plan holders approved the 60-month extension at the fifth holders' meeting on 21 August 2026, and the Board endorsed the resolution on 27 August 2026. Apart from the duration extension, there is no difference from the previously disclosed terms of the plan.

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