Shang Hai Zheng Quan Bao·2026-02-27 20:23Group 1 - The board of directors of Guangshen Railway Co., Ltd. held its 19th meeting of the 10th session on February 27, 2026, to discuss key matters including the valuation enhancement plan and the appointment of a securities affairs representative [2][3][6]. - The valuation enhancement plan was approved unanimously with 9 votes in favor, aiming to improve the company's investment value and shareholder returns through various initiatives [6][12]. - The company has been in a situation requiring a valuation enhancement plan as its stock price has been below the audited net asset value per share for 12 consecutive months from January 1, 2025, to December 31, 2025 [12][13]. Group 2 - The valuation enhancement plan includes strategies to improve the quality of core railway operations, enhance information disclosure, strengthen investor relations, maintain a consistent profit distribution policy, and consider stock buybacks [15][19]. - The company plans to focus on high-speed rail passenger services and modern logistics for freight, leveraging its strategic location in the Guangdong-Hong Kong-Macao Greater Bay Area [15][17]. - The company has a history of stable profitability and cash dividends, with cumulative cash dividends reaching 13.2 billion since its listing in 1996, except for losses during the pandemic years [19]. Group 3 - The appointment of Yin De'en as the new securities affairs representative was approved to ensure continuity in the role following the retirement of the previous representative [7][25]. - Yin De'en possesses the necessary qualifications and has not faced any penalties from regulatory authorities, ensuring compliance with the requirements for the position [26].