Great Qin Railway: is planning to repurchase shares worth 1-1.5 billion yuan, with nearly 50 million yuan already repurchased.

date
30/10/2025
The announcement of Daqin Railway stated that the company approved a proposal on August 27, 2025 and September 23, 2025 to repurchase shares through centralized bidding with an amount of 1-1.5 billion RMB. The original repurchase price ceiling was 8.19 RMB per share, but was adjusted to not exceed 8.11 RMB per share due to mid-term dividend adjustments. The repurchase is for reducing registered capital, and the implementation period is from September 23, 2025 to September 22, 2026. In October, the company repurchased 866,500 shares for the first time, accounting for 0.0043% of the total share capital, with a payment of 4.992 million RMB, and a repurchase price range of 5.75 RMB to 5.78 RMB per share.