China Communications Construction Company (01800) plans to repurchase its A shares and obtains the majority shareholder China Communications Construction Group's increase in holdings of H shares.

CHINA COMM CONS (01800) announced that, based on the firm belief in the Chinese capital market and actively promoting the market value management of listed companies, the company highly recognizes its intrinsic value and has confidence in its future sustained and stable development. In order to enhance investor confidence, support the company's continuous, healthy, and stable development, and maintain market and stock price stability, China Communications Construction plans to repurchase the company's A shares, while China Communication Construction's parent company, China Communications Group, plans to increase its holdings in China Communications Construction's H shares. It is reported that the total amount of funds for the share repurchase will be between RMB 500 million and RMB 1 billion, subject to the specific share repurchase plan approved by the board of directors and shareholders' meeting. The total amount of funds for increasing holdings will be between RMB 250 million and RMB 500 million, subject to the specific increase in holdings plan announced by China Communications Group.