Beijing-Shanghai Railway completes share repurchase program

Beijing-Shanghai High-Speed Railway has concluded its share repurchase program, buying back a total of 180,805,241 shares, representing approximately 0.3682% of the company's total share capital. The repurchase, executed via centralized bidding, occurred between July 19, 2024, and May 30, 2025, with share prices ranging from CNY5.20 to CNY5.72. The total expenditure for the repurchase amounted to CNY999,493,000.34 (excluding transaction costs). The repurchased shares are slated for cancellation, expected to be completed by June 3, 2025, subsequently reducing the company’s total share capital from 49,106,484,611 shares to 48,925,679,370 shares. The company affirms that the repurchase adhered to relevant regulations and will not materially impact its operations or financial standing.