CCCC to reduce capital by repurchasing restricted shares

China Communications Construction (CCCC), a company listed on the Shanghai Stock Exchange (SSE:601800), announced plans to reduce its registered capital by repurchasing and cancelling a portion of restricted A-shares initially granted under its 2022 equity incentive plan. The decision, approved at the company's 50th board meeting on June 13, 2025, involves the repurchase of 4,117,200 shares from 48 employees due to departures, retirement, or failure to meet performance targets. The repurchase will decrease CCCC's total share capital from 16,278,611,425 shares to 16,274,494,225 shares, and correspondingly reduce the registered capital from CNY 16,278,611,425 to CNY 16,274,494,225. As a result, CCCC has issued a notice to its creditors, who have 45 days to demand debt repayment or guarantees.