Shanghai Airport announces capital reduction through share repurchase

Shanghai International Airport will reduce its registered capital by repurchasing and cancelling 168,300 restricted shares. This action, approved by the board on August 28, 2025, will change the total share capital from 2,488,481,340 shares to 2,488,313,040 shares, decreasing registered capital by RMB 168,300.00. The repurchase price per share is RMB 17.70966, totaling approximately RMB 3,026,531.32 from the company's own funds. This is due to 13 incentive recipients no longer meeting performance criteria, including job changes and terminations, as per the 2024 A-share Restricted Stock Incentive Plan.

Creditors are invited to declare their claims within 30 days of receiving notification or 45 days from the announcement disclosure on August 30, 2025. This repurchase is not expected to significantly impact the company's financial condition or operating results, nor will it alter the controlling shareholder structure, ensuring the company remains eligible for listing.

In related announcements, Shanghai Airport also disclosed its 2025 interim profit distribution plan, proposing a cash dividend of RMB 0.21 per 10 shares (tax inclusive), totaling RMB 522,550,767.69. Additionally, the company reported its semi-annual financial results and a special report on the deposit and use of raised funds, which detailed an accumulated investment of RMB 4,154,921,500 from raised capital.