Major shareholder pledges not to reduce China Railway Hi-Tech Holdings stake

China Railway Hi-tech Industry Corporation Limited announced that its major shareholder, Zhongyuan Equity Investment Management Co., Ltd. ("Zhongyuan Equity"), has committed not to reduce its shareholding for 36 months, starting from June 28, 2025. This pledge also includes shares acquired through capital reserve transfers, stock dividends, rights issues, and new share issuances, with internal transfers among Zhongyuan Equity and its concert parties being an exception.

Zhongyuan Equity and its concert party, Henan Zhongyuan Guquan Private Equity Fund Management Co., Ltd. ("Henan Guquan"), collectively hold 151,278,558 shares, representing 6.81% of the company's total share capital. The commitment stems from their confidence in the company's future development prospects and its intrinsic investment value.

The company's board of directors will ensure that Zhongyuan Equity and its concert parties strictly adhere to this commitment and fulfill information disclosure obligations.