Zhuzhou CRRC Times Electric Co., Ltd. (3898) Announces Delay in Despatch of Circular Regarding Continuing Connected Transactions

Bulletin Express11-20

Zhuzhou CRRC Times Electric Co., Ltd. (the “Company”) has announced a postponement in the despatch date of its circular related to continuing connected transactions with CRRC Group. The circular was originally expected to be sent to shareholders on or before 20 November 2025, but additional time is needed to compile and finalize certain details.

According to the announcement, the Company now plans to despatch the circular on or before 1 December 2025. This circular will contain information on the 2026–2028 CRRC Group Mutual Supply Agreement, the New CRRC Group Caps, an independent financial adviser’s opinion, and recommendations for independent shareholders.

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