Shenzhou High Speed Rail (000008.SZ): The actual controller will be changed to Zhejiang State-owned Assets Administration Commission stock trading to resume

Zhitong Finance App News, Shenzhou High Speed Rail (000008.SZ) issued an announcement. On July 13, 2026, SDIC Hi-Tech, the controlling shareholder of the company, signed the “Zhejiang Zhixin Railway Industry Co., Ltd. Capital increase contract” with Zhejiang Zhixin Railway Industry Co., Ltd. The two parties added capital to Zhejiang Zhi in accordance with the relevant agreement. Among them, SDIC Hi-Tech added capital to Zhejiang Zhi with 600 million shares of the company, and Zhejiang Economic Investment added capital to Zhejiang Zhi in cash. After the capital increase was completed, Zhejiang Economic Investment held 51% of Zhejiang Zhixin's shares, and SDIC Hi-Tech held 49% of Zhejiang Zhixin's shares.

As of the disclosure date of the announcement, SDIC Hi-Tech held 712 million shares of the company, accounting for 26.23% of the company's total shares. The shares are all tradable shares without limit. The actual controller of the company is China Development and Investment Group Co., Ltd. After the equity change is completed, Zhejiang Zhixin will hold 600 million shares of the company, accounting for 22.09% of the company's total shares, and SDIC Hi-Tech will hold 112 million shares, accounting for 4.14% of the company's total shares. Therefore, the controlling shareholder of the company will be changed to Zhejiang Zhixin, and the actual controller of the company will be changed to Zhejiang State-owned Assets Administration Commission. Trading of the company's shares has resumed since the opening of the market on July 14, 2026.