Times Electric Maintains Share Capital in April; 8.11 Million H-Share Buyback Awaiting Cancellation

Bulletin Express04-30

Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) filed its Monthly Return for April 2026, confirming a stable capital base alongside ongoing share-repurchase activity.

Authorised and Issued Capital • Authorised share capital remained unchanged at 1.36 billion shares (par value RMB 1 each), comprising 489.04 million H shares and 868.91 million A shares. • Issued share counts were steady at 489.04 million H shares and 868.91 million A shares. No new shares, options, warrants or convertibles were issued during the month.

H-Share Repurchase Status • Between 10 February and 30 April 2026, the company repurchased 8.11 million H shares. • These shares were bought for cancellation but had not yet been cancelled as of 30 April 2026. • The repurchases were authorised by shareholders on 27 June 2025.

Public Float Compliance • Times Electric confirmed compliance with the Hong Kong Stock Exchange’s 5 percent minimum public-float requirement for PRC issuers with other listed shares.

Governance and Regulatory Confirmation • The filing, signed by Joint Company Secretary Leung Hoi Yan, attested that all repurchases were conducted in accordance with listing rules, legal requirements and board authorisation.

With no issuance or cancellation completed in April, Times Electric closes the month with an unchanged outstanding share base, while the pending cancellation of repurchased shares indicates a moderate reduction in free float once processing is complete.

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