China Railway Materials: controlling shareholder boosts stake, projects 2026 transactions
China Railway Materials Co., Ltd. announced that its controlling shareholder, China Logistics Group, and its concert party, China Logistics Group Capital Management Co., Ltd., increased their combined shareholding to 38.02% of the company's total share capital. China Logistics Group Capital Management acquired 12,654,300 A-shares, representing 0.21% of the total share capital, from November 26-27, 2025. This move aligns with a previously announced plan to increase holdings by RMB 0.65 bn to RMB 1.30 bn.
The company also disclosed its 2026 operational forecasts, including RMB 147,500.00 in daily related-party transactions, spanning procurement, sales, services, and leasing. Additionally, China Railway Materials projects a RMB 350m credit guarantee for its subsidiaries and plans to use idle self-owned funds, not exceeding RMB 2bn, for national debt repurchase transactions in 2026 to enhance capital efficiency.
These transactions, including the equity increase and various related-party activities, received board approval on November 27, 2025, with certain items awaiting shareholder approval. The company affirms that the forecasted activities aim to optimize capital, reduce financing costs, and support business development, adhering to fair and equitable principles.
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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