Yitai B shares: Transfer 51% equity of controlling subsidiary Huzhun Railway, with a consideration of approximately 6.28 billion yuan.

ITai B share announcement: The company has signed an equity transfer agreement with China Railway Hohhot Bureau Group Limited on September 29, 2025, transferring 51% of the equity of its holding subsidiary, Hohhot Railway, to China Railway Hohhot Bureau Group Limited. The preliminary consideration for this equity transfer transaction is approximately 6.28 billion RMB. After the transfer is completed, the company will still hold 21.6569% of Hohhot Railway's equity. This transaction will help the company optimize resource allocation and industrial layout, accelerate fund recovery, and improve asset structure.