Beijing-Shanghai High-speed Railway: Cash dividends not less than 55% of net profit attributable to parent company from 2025 to 2027.

Announcement of the Beijing-Shanghai high-speed rail: The company has formulated a three-year plan for shareholder dividend returns in order to establish a sound, scientific, sustainable, and stable dividend return mechanism, actively rewarding investors. According to the plan, when the company has no major investment plans or cash outflows, the accumulated profits distributed each year will not be less than 55% of the total net profit attributable to the parent company of the consolidated financial statements for that year, mainly in the form of cash dividends. The company will prioritize cash distribution of profits and, under certain conditions, make midterm profit distributions.