China Railway (Stock Codes: 601390, 00390) Announces Progress on Share Repurchase Plan

Bulletin Express
Nov 04

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited have disclaimed responsibility for the contents of the announcement. China Railway Group Limited (abbreviated as “China Railway”) released an update regarding its ongoing share repurchase plan, providing key figures and timelines.

According to the announcement, the plan was first disclosed on 30 April 2025 and is scheduled to run from 20 June 2025 to 19 June 2026. The repurchases involve RMB ordinary shares (A shares) via centralized competitive bidding. The intended repurchase amount ranges from RMB800 million to RMB1.6 billion, with funding sourced from the company’s self-owned capital and special loans designated for share repurchase. The maximum repurchase price is set at RMB8.50 per share, and all repurchased shares are intended for cancellation to reduce registered capital.

As of 31 October 2025, China Railway had repurchased 6,998,600 shares in total, representing approximately 0.0283% of its total share capital. The highest transaction price was RMB5.75 per share, while the lowest was RMB5.63 per share, amounting to a total of RMB39,999,328 (excluding fees). The company stated that it will continue to execute the share repurchase in accordance with relevant regulations and will disclose further details as the plan progresses.

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