Recently, several mainstream financial media outlets reported that XCMG Machinery (000425) answered investors' questions on the investor relations platform on May 23. The company disclosed the relevant information as follows.
Investor question: Public news reports show that the film "The Wandering Earth 3" officially began shooting in Qingdao on April 15, 2025. May I ask whether your company is participating in this film project? If so, what are the differences compared with your previous cooperation on "The Wandering Earth 2"?
Board Secretary of XCMG Machinery
Thank you, investors, for your interest in XCMG Machinery (stock code: 000425)! Just as our cooperation with the film "The Wandering Earth 2" created a much-told story of "Chinese industry and Chinese science fiction moving toward each other," this cooperation on "The Wandering Earth 3" also continues that tacit understanding.
The specifics are as follows:
Regarding participation: The company has set up a dedicated support team that has been stationed with the production crew since the project began shooting. The scale of investment and depth of innovation in equipment, technology, personnel and other dimensions have both increased significantly compared with the period of "The Wandering Earth 2." The equipment we previously provided, such as the "Steel Mantis" rescue platform and unmanned container transport robots, were not only props in the film but also a hard-core showcase of China's high-end equipment. China Youth Daily once commented that "real heavy machinery seamlessly integrated with digital special effects constitutes a science fiction aesthetic system with Chinese characteristics," and this cooperation will present even more hard-core industrial technology elements.

During the Huabiao Awards period for Chinese films, some XCMG equipment involved in the film "The Wandering Earth 3" was publicly displayed.
Regarding the upgraded cooperation: On November 26, 2024, China's first joint innovation laboratory for industrialized film and television equipment was officially unveiled at bauma China in Shanghai, marking a key step forward in the deep integration of China's film and television industry with the equipment manufacturing industry. The laboratory was jointly established by XCMG Group, Dengfeng International and Guo Fan Films. Relying on the XCMG Research Institute, the laboratory will give full play to the advantages of high-end equipment technology. Through close cooperation with Dengfeng International and Guo Fan Films, the laboratory will conduct targeted research and development based on the actual needs of the film and television industry, ensuring that technological innovation is closely combined with industry needs, and will specifically develop innovative equipment suited to film and television shooting, providing more flexible and efficient solutions for complex scenes and advancing the industrialization of China's film and television industry. The relevant results will also be given priority application in the production of "The Wandering Earth 3."
It should be noted that the company is currently organizing support for the shooting of "The Wandering Earth 3." Specific cooperation details involve commercial confidentiality clauses. If there are any major matters, the company will strictly fulfill its information disclosure obligations.
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