China Railway Group Limited disclosed the progress of its A-share repurchase plan, which was initially announced on 30 April 2025. According to the resolution passed on 20 June 2025, the company allocated between RMB800 million and RMB1,600 million for purchasing its A shares at no more than RMB8.50 per share, financed by self-owned funds and a special share repurchase loan. All acquired shares will be canceled to reduce registered capital within the period from 20 June 2025 to 19 June 2026.

On 21 October 2025, China Railway Group Limited conducted its first share repurchase through centralized bidding on the Shanghai Stock Exchange. A total of 3,507,500 A shares were bought at a transaction price ranging from RMB5.63 to RMB5.73 per share, costing RMB19,999,845.00 in total. These repurchased shares account for 0.0142% of the company’s total share capital.

The board of directors stated that the repurchase adhered to legal and regulatory requirements. China Railway Group Limited intends to continue executing share repurchases in compliance with its disclosed plan and will release timely updates on further progress.