Times Electric Spends HKD 56.51 Million to Repurchase 1.44 Million H Shares; Cumulative Buy-backs Reach 19.83 Million

Bulletin Express06-12

Zhuzhou CRRC Times Electric (Times Electric) disclosed that on 12 June 2026 it repurchased 1.44 million H shares on the Hong Kong Stock Exchange at prices ranging from HKD 39.00 to HKD 39.60 per share, for a total consideration of HKD 56.51 million.

Including the latest transaction, the company has repurchased 19.83 million shares under the mandate approved on 27 June 2025. This represents 4.06% of the 489.04 million shares that were in issue when the mandate was granted. All repurchased shares are designated for cancellation; 9.59 million of them, equal to about 2.00% of the current issued share capital of 478.80 million shares, were pending formal cancellation as of 12 June 2026.

The company’s outstanding share count remains unchanged at 478.80 million, as the repurchased shares have not yet been cancelled. Under listing rules, Times Electric is subject to a moratorium on issuing new shares until 12 July 2026.

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