Core Viewpoint - Daqin Railway Co., Ltd. has announced a share repurchase plan, intending to buy back shares worth between RMB 1 billion and 1.5 billion, with a maximum repurchase price set at RMB 8.19 per share, later adjusted to RMB 8.11 per share [2][3]. Group 1: Share Repurchase Basic Information - The company approved the share repurchase plan during board meetings held on August 27 and September 23, 2025, allowing the use of self-owned funds for the repurchase through the Shanghai Stock Exchange [2]. - The repurchased shares will be used for cancellation and reduction of the company's registered capital, with a repurchase period of 12 months from the approval date [2]. Group 2: Progress of Share Repurchase - As of October 30, 2025, the company has completed its first share repurchase, acquiring 866,500 shares, which represents 0.0043% of the total share capital of 20,147,177,716 shares [3]. - The highest and lowest prices for the repurchased shares were RMB 5.78 and RMB 5.75 per share, respectively, with a total expenditure of RMB 4,991,992 (excluding transaction fees) [3]. Group 3: Other Matters - The company will adhere to relevant regulations and make repurchase decisions based on market conditions, ensuring timely disclosure of information regarding the progress of the share repurchase [4].
大秦铁路股份有限公司关于以集中竞价方式首次回购股份的公告