此乃要件 請即處理 如 閣下對本通函的任何部分或對應採取的行動存有任何疑問，應諮詢 閣下的持牌證券商、 銀行經理、律師、專業會計師或其他專業顧問。 如 閣下已出售或轉讓名下所有中國中鐵股份有限公司的股份， 閣下應將本通函連同隨附之 代表委任表格立刻交予購買人或受讓人或經手買賣或轉讓的銀行、持牌證券商或其他代理人以 轉交給購買人或受讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本通函全部或任何部分的內容所產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 定 義 於本通函內，除文意另有指外，下列詞語具有以下含義： 「A股」 指 本公司股本中每股面值人民幣1.00元之普通股，有關 股份於上海證券交易所上市並以人民幣買賣 「公司章程」 指 《中國中鐵股份有限公司章程》及其不時之修訂 「董事會」 指 本公司董事會 「本公司」 指 中國中鐵股份有限公司，一家在中國註冊成立的股份 有限公司，其H股和A股分別在香港聯交所（股份代 號：390）和上海證券交易所（股份代號：601390）掛 牌上市 「董事」 指 本公司董事 「臨時股東大 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本通告全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 茲通告中國中鐵股份有限公司（「本公司」）定於2026年2月6日（星期五）上午10時在中國北 京市海淀區復興路69號中國中鐵廣場會議室舉行2026年第一次臨時股東大會（「臨時股東 大會」），以審議並酌情通過下列事項： 作為普通決議案： 1. 審議及批准選舉趙佃龍先生為本公司執行董事，任期自本公司股東大會審議通過之 日起至本公司第六屆董事會任期屆滿之日止。 承董事會命 中國中鐵股份有限公司 馬永紅 譚振忠 聯席公司秘書 中國•北京 2026年1月15日 2026年第一次臨時股東大會通告 - 1 - 附註： 1. 暫停股份過戶及出席臨時股東大會資格 凡在2026年1月30日（星期五）營業時間結束前向本公司股份過戶處遞交有關的股份過戶登記 表，並於其後在本公司股東名冊中登記為股東的買家，均有權出席臨時股東大會。 本公司H股股東須注意，本公司將於2026年2月2日（星期一）至2026年2月6日（星期五）（包括 首尾 ...

Core Viewpoint - The 2025 China Enterprise ESG "Golden Responsibility Award" aims to recognize companies and institutions that have made significant contributions to ESG initiatives in China, reflecting a shift from voluntary practices to compliance requirements in ESG performance [1][12]. Group 1: ESG Development and Awards Overview - By 2025, China's ESG development has transitioned from "setting standards" to "strengthening regulations," with a comprehensive disclosure standard system being established [1][12]. - The award selection attracted over 5,000 companies, with results based on ESG performance, online voting, and professional evaluations [2][12]. Group 2: Award Categories and Winners - The award categories include Excellent Environmental Responsibility Award, Excellent Social Responsibility Award, Excellent Corporate Governance Responsibility Award, Excellent Responsibility Initiative Award, Excellent Sustainable Development Award, and various responsibility investment awards [1][12]. - Notable winners of the Excellent Environmental Responsibility Award include Great Wall Motors, Hikvision, and China Petroleum [7][24]. - The Excellent Social Responsibility Award was awarded to companies such as YF Communication, ZTE, and Ningde Times [7][24]. - Winners of the Excellent Corporate Governance Responsibility Award include China Petroleum, Hikvision, and WuXi AppTec [7][24]. - The Excellent Responsibility Initiative Award was given to companies like ZTE, Sunlight Power, and Industrial and Commercial Bank of China [7][24]. - The Excellent Sustainable Development Award included companies such as WanHua Chemical, China Bank, and China Petroleum [7][24]. Group 3: Responsibility Investment Awards - The Responsibility Investment Excellent Bank Award was given to institutions like CITIC Bank and Minsheng Bank [5][21]. - The Responsibility Investment Excellent Securities Company Award included firms such as Shenwan Hongyuan and CITIC Securities [5][22]. - The Responsibility Investment Excellent Insurance Company Award recognized companies like New China Life and AIA [5][26]. - The Responsibility Investment Excellent Fund Company Award included firms such as Xinhua Fund and Harvest Fund [5][27]. - The Responsibility Investment Excellent Asset Management Institution Award recognized institutions like Ping An Asset Management and Sunshine Asset Management [5][28]. Group 4: Call to Action and Future Directions - The award committee encourages more Chinese enterprises to integrate ESG principles into their operations and strategic planning, emphasizing the importance of balancing commercial and social values [10][29].

Group 1 - The global interest rate cut cycle is entering its second half in 2026, characterized by "internal and external easing resonance" and a shift from "extraordinary to normal" [3][4][5] - The macro liquidity environment remains favorable, with the People's Bank of China expected to maintain a moderately loose monetary policy, focusing on stabilizing economic growth and reasonable price recovery [7][59] - The depreciation of the US dollar is anticipated due to continued interest rate cuts by the Federal Reserve and worsening fiscal conditions, which will support the appreciation of the RMB and strengthen the A-share market [8][62][63] Group 2 - The long-term low interest rate environment is reshaping the stock-bond allocation logic, with a shift towards equity markets as the attractiveness of fixed income products continues to rise [13][16][44] - The "stock-bond seesaw" effect is expected to further support the A-share market, as funds flow into equities amid a low interest rate environment [14][17][44] - The demand for "deposit migration" from residents is projected to become the largest marginal increment for the market, as a significant amount of fixed-term deposits mature in 2026 [19][20][44] Group 3 - The capital market's status is significantly upgraded in the post-real estate era, becoming a core hub for economic development and resource allocation [22][47] - Policies are being implemented to enhance shareholder returns, with a focus on increasing dividend payouts and improving profit quality, which is becoming a trend in the market [32][33][56] - The overall funding ecology is improving, with a transition from a "financing-oriented" approach to a "balanced investment and financing" model, enhancing market attractiveness and stability [32][47][56]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 茲載列中國中鐵股份有限公司於2026年1月14日在上海證券交易所網站刊登的「中國中鐵 股份有限公司關於2021年限制性股票激勵計劃部分限制性股票回購註銷實施公告」，僅供 參閱。 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 承董事會命 中國中鐵股份有限公司 陳文健 董事長 中國 • 北京 2026年1月14日 於本公告日期，本公司的執行董事為陳文健先生（董事長）及王士奇先生；本公司的非執 行董事為文利民先生及房小兵先生；本公司的獨立非執行董事為修龍先生、孫力實女士 及屠海鳴先生。 | H | A | | --- | --- | | 股代码：00390 | 股代码：601390 | | 股简称：中国中铁 H | A 股简称：中国中铁 | | | 公告编号：临 2026-006 | 中国中铁股份有限公司 关于 2021 年限制性股票激励计划部分限制性股票 回购注销实施公告 本公司董 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 關於公司2021年限制性股票激勵計劃部份限制性股票的回購註銷實施 茲提述中國中鐵股份有限公司（「本公司」）分別於2021年12月30日臨時股東大會、A股類別 股東會議及於2022年1月12日舉行的H股類別股東會議通過2021年限制性股票激勵計劃 （「《2021年限制性股票激勵計劃》」），日期為2021年12月14日的通函（「通函」），向本公司 《2021年限制性股票激勵計劃》激勵對象首次授予限制性股票於2022年1月17日及2022年2 月24日發出的公告，向本公司《2021年限制性股票激勵計劃》激勵對象授予預留部分限制 性股票於2022年10月28日及2022年12月1日發出的公告，日期為2022年10月30日、2022年 12月27日、2023年12月29日、2024年3月6日、2024年8月30日、2024年10月30日、2024年 12月20日、2025年3月13日及2025年6月9日有關回購註 ...

Core Viewpoint - The Hong Kong Stock Exchange announced adjustments to stock option position limits for 36 companies, increasing limits for 26 companies and decreasing limits for 10 companies, effective April 1, 2026 [1]. Group 1: Companies with Increased Position Limits - New World Development (00017) will see its position limit increase from 50,000 to 150,000 contracts [2]. - MTR Corporation (00066) will have its limit raised from 50,000 to 100,000 contracts [2]. - Geely Automobile (00175) will also have its limit increased from 50,000 to 100,000 contracts [2]. - Other notable increases include BYD Electronic (285) from 100,000 to 200,000 contracts and China Biologic Products (1177) from 50,000 to 250,000 contracts [2]. Group 2: Companies with Decreased Position Limits - China Railway Group (601390) will see its limit reduced from 250,000 to 200,000 contracts [3]. - China Overseas Land & Investment (00688) will have its limit cut from 100,000 to 50,000 contracts [3]. - China Tower (00788) will experience a decrease from 200,000 to 100,000 contracts [3]. - Other significant reductions include China Minmetals (2319) from 250,000 to 150,000 contracts and Sunny Optical Technology (2382) from 100,000 to 50,000 contracts [3].

| A H | | | | | --- | --- | --- | --- | | 股代码：601390 股代码：00390 | | | | | | A H | | | | | | 股简称：中国中铁 股简称：中国中铁 | | | | | | 公告编号：临 2026-006 | 中国中铁股份有限公司 关于 2021 年限制性股票激励计划部分限制性股票 回购注销实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法 律责任。 重要内容提示： | 回购股份数量（股） | 注销股份数量（股） | 注销日期 | | --- | --- | --- | | 63,700 | 63,700 | 2026 年 1 月 19 日 | 一、本次限制性股票回购注销的决策与信息披露 1.公司于 2025 年 9 月 29 日召开第六届董事会第十五次会议，审议通 过了《关于回购注销中国中铁 2021 年限制性股票激励计划部分限制性股 1 回购注销原因：中国中铁股份有限公司（以下简称"公司"）2021 年限制性股票激励计划第三个解除限售期所设定的公司层面业绩 ...

Core Viewpoint - China Railway (601390) is actively engaging with the Ministry of Transport to align its operations with the national transportation strategy and to promote major infrastructure projects [1] Group 1 - The Chairman of China Railway, Chen Wenjian, and President Zhao Dianlong met with Minister of Transport Liu Wei in Beijing [1] - The discussions focused on enhancing services for the national transportation strategy and advancing significant transportation infrastructure projects [1]

Core Viewpoint - The transformation of highway service areas in China is evolving from a singular function of "fueling and restroom" to becoming AAA-rated tourist attractions, educational bases, and rural revitalization exhibition windows, indicating a significant shift towards "transportation + cultural tourism" integration [1][4]. Group 1: Industry Challenges - As of the end of 2024, China's total highway mileage is projected to reach 191,000 kilometers, covering over 99% of cities with populations exceeding 200,000 [4]. - The growth of toll revenue is facing challenges due to the deepening of electric vehicle incentives and the promotion of "road-to-rail" and "road-to-water" policies [4]. - The self-driving tourism market is booming, with 3.6 billion domestic self-driving trips recorded in 2023, accounting for 73.6% of total travel, and expected to rise to 78% by 2025 [4]. Group 2: Service Area Transformation - The Yiyang North Service Area has become the first in Henan to receive dual certification as an "AAA scenic area + research base," showcasing a successful transformation from a rest stop to a popular destination [5]. - The service area features a 3,000 square meter "Luoyang Z Generation Scenic Area," integrating cultural elements and immersive experiences to attract younger visitors [5]. - The establishment of the first highway service area research base in the province includes a rural revitalization product exhibition area and non-heritage workshops, enhancing educational engagement [5]. Group 3: Economic Impact - The service area has set up a special section for local agricultural products, boosting sales in surrounding towns by 50% and helping over 30 types of local specialties reach broader markets [8]. - The integration of ecological and cultural resources aims to shift the economic model from "transit economy" to "stay economy," enhancing the overall value of highway service areas [8]. Group 4: Innovative Business Model - The New Yi Highway is a model of "investment, construction, and operation integration," managed by China Railway and Henan Transportation Investment, demonstrating effective collaboration between state-owned enterprises and local governments [9]. - The project has received excellent government performance evaluations and has been recognized as a model for the province's "Double Thousand Project" [9]. Group 5: Future Directions - The success of the Yiyang North Service Area aligns with national policy directions and market demand changes, emphasizing the need for highway service areas to evolve into tourism distribution centers [10][11]. - The focus on young demographics and family units, along with a light asset-heavy operation model, has led to a 30.9% higher average spending compared to regular visitors [11]. - Future plans include deepening the integration of "transportation + culture + tourism" and expanding the curriculum and industry chain associated with the service area [12].