Summary by Futu AI
China Railway Limited Company (referred to as the "Company") announced on October 30, 2024, that it will repurchase and cancel a portion of restricted stocks for capital reduction. This action is based on the company's 2021 restricted stock incentive plan, repurchasing and canceling stocks for 14 incentive targets, totaling 1,380,123 A-shares. The decision was approved at the supervisor board meeting on October 29, 2024, and the board of directors meeting on October 30, 2024. After the repurchase and cancellation, the total share capital of the company will decrease from 24,743,245,241 shares to 24,741,865,118 shares, and the registered capital will also decrease accordingly. The company has informed creditors that, in accordance with relevant legal provisions, creditors have the right to request the company to repay debts or provide corresponding guarantees within 45 days from the date of announcement disclosure. The period for creditors to file claims is from October 31, 2024, to December 14, 2024.