Daqin Railway updates on share buyback and Q3 earnings briefing
Daqin Railway Company Limited reported the progress of its share repurchase program, revealing that as of October 31, 2025, it had cumulatively repurchased 866,500 shares through centralized bidding on the Shanghai Stock Exchange. This accounts for 0.0043% of the company's total share capital. The repurchases were executed at prices ranging from RMB 5.75 to RMB 5.78 per share, totaling RMB 4,991,992 (excluding transaction fees). The company initiated the buyback to reduce registered capital, with an approved amount between RMB 1 billion and RMB 1.5 billion.
Following its 2025 interim dividend distribution of RMB 0.08 per share on October 24, 2025, the maximum repurchase price was adjusted from RMB 8.19 to RMB 8.11 per share. The company will continue to implement the buyback program within the approved timeframe, which extends 12 months from the shareholder approval date of September 23, 2025.
In a separate announcement, Daqin Railway will host a virtual briefing for its 2025 third-quarter results on November 12, 2025, from 11:00 to 12:00 (GMT+8) via the SSE Roadshow Center. Investors are invited to submit questions by November 11, 2025, at 16:00 (GMT+8) for discussion during the event.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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