China Railway Group Limited (the “Company”) has provided an update on its ongoing A-share repurchase plan. According to the announcement dated 2 March 2026, the total share repurchase budget ranges between RMB800.00 million and RMB1.60 billion, with a maximum repurchase price of RMB8.50 per share. The repurchase period extends from 20 June 2025 to 19 June 2026.

As of 28 February 2026, the Company had repurchased 28.81 million shares through centralized bidding, accounting for approximately 0.12% of its total share capital. The transaction prices ranged from RMB5.42 to RMB5.75 per share, with an accumulated transaction value of RMB160.02 million (excluding fees). All repurchased shares will be canceled, leading to a corresponding reduction in the Company’s registered capital.

The Company has stated that it will conduct future repurchases in accordance with legal and regulatory requirements and will disclose further progress in a timely manner. Investors are advised to refer to official announcements to stay informed of any developments.