China Railway Group progresses share repurchase, reducing registered capital

China Railway Group Limited has announced significant progress in its A-share repurchase program as of October 31, 2025. The company has cumulatively repurchased 6,998,600 A-shares through centralized bidding on the Shanghai Stock Exchange, representing 0.0283% of its total share capital. The total repurchased amount stands at RMB 39,999,328.00 (excluding transaction fees), with prices ranging from RMB 5.63 to RMB 5.75 per share.

The repurchase program, which commenced on June 20, 2025, and is set to conclude by June 19, 2026, aims to repurchase A-shares with a total value between RMB 800 million and RMB 1.6 billion. The shares are being repurchased using both proprietary funds and a dedicated stock repurchase loan, with a price cap of RMB 8.50 per share. The primary purpose of this repurchase is to reduce the company's registered capital by canceling the repurchased shares.

This initiative follows approvals by the company's 2024 Annual General Meeting and the 2025 First A-share and H-share Class Meetings, aligning with regulatory guidelines. China Railway Group affirms its commitment to adhering to all relevant laws and regulations, promising timely disclosure of future developments.