Beijing-Shanghai high-speed railway announcement: The company plans to repurchase shares using its own funds of 1 billion yuan at a price not exceeding 5.87 yuan per share through centralized bidding trading, for cancellation and reduction of registered capital. The repurchase period will not exceed 12 months from the date of approval by the shareholders' meeting. The number of shares to be repurchased is expected to be approximately 170 million shares, accounting for 0.35% of the company's total share capital. The company stated that this repurchase will not have a significant adverse effect on the company's production, operation, and financial situation, nor will it affect the company's listing status. At the same time, the company's directors, supervisors, controlling shareholders, etc. do not have a shareholding reduction plan in the next 3 to 6 months.