China Railway Materials projects significant related party transactions for 2026

China Railway Materials Co., Ltd. (CRM) announced its estimated related party transactions for 2026, including financial services with China Logistics Group Finance Company. The company projects RMB 20 bn in daily deposit balances and RMB 30 bn in comprehensive credit facilities. This aligns with a three-year financial services agreement signed in April 2025 to optimize fund management and financing.

Concurrently, CRM estimates its 2026 daily operational related party transactions will total RMB 1.475 bn, encompassing procurement, sales, and various services. The largest component is RMB 950 m for receiving labor services. The board also approved a RMB 350 m guarantee for its subsidiaries' bank credit lines, subject to shareholder approval, and the use of up to RMB 2 bn of idle funds for bond repurchase transactions.

These measures reflect CRM’s strategy to leverage group resources for improved efficiency, reduced costs, and enhanced financial stability. All transactions are subject to market-based pricing and are considered routine business, approved by the board, with some requiring shareholder approval.