Daqin Railway progresses share repurchase, reducing capital

As of November 21, 2025, Daqin Railway Company Limited has repurchased 27,639,500 shares through centralized bidding on the Shanghai Stock Exchange. This represents 0.1372% of the company's total share capital. The total amount paid for these repurchases is RMB157,242,890.00 (excluding transaction fees), with prices ranging from RMB5.58 to RMB5.78 per share.

The company's repurchase plan, approved on September 23, 2025, targets repurchasing shares valued between RMB1 billion and RMB1.5 billion by September 22, 2026. These repurchased shares will be canceled to reduce the company's registered capital. Following a dividend distribution on October 24, 2025, the maximum repurchase price was adjusted from RMB8.19 to RMB8.11 per share.

Daqin Railway affirms its commitment to diligently execute the repurchase program within the stipulated timeframe, adhering to relevant regulations and continuously disclosing progress to investors.