Times Electric Sets 26 June 2026 AGM; Tables RMB0.68 Cash Dividend, New Board Slate and Dual Share Mandates

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Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) has scheduled its 2026 Annual General Meeting (AGM) for 09:30 a.m. on Friday, 26 June 2026 at Room 301, Times Hotel, Zhuzhou, Hunan. Twelve resolutions—ten ordinary and two special—will be put to shareholder vote via poll.

Key agenda items:

• Dividend proposal: The Board recommends a cash dividend of RMB0.68 per share (tax inclusive) for FY 2025. Subject to approval, payment is expected on or around 7 August 2026 to shareholders on the H-share register at the close of business 8 July 2026. The H-share register will be closed 3–8 July 2026; share transfers must be lodged by 4:30 p.m. on 2 July 2026 to qualify. A 10% withholding tax will apply to non-resident enterprise shareholders, while individual foreign investors are exempt under current PRC tax rules.

• Financial and operational reports: Shareholders will review and approve the 2025 annual report, the Board’s 2025 work report and the 2025 profit-distribution plan. Independent directors will submit their 2025 work report for review only.

• Capital management: Two special resolutions seek general mandates authorising the Board to (i) issue additional A and H shares and (ii) repurchase H shares.

• Corporate governance: Ordinary resolutions cover the 2026 interim profit distribution authority, auditor appointment for 2026, application for 2026 bank credit lines, confirmation of 2025 director remuneration and the 2026 remuneration plan, plus adoption of a remuneration management system for directors and senior management.

• Board composition: Shareholders will elect three executive directors—Li Donglin, Shang Jing and Xu Shaolong—and four independent non-executive directors—Li Kaiguo, Zhong Ninghua, Lam Siu Fung and Feng Xiaoyun—for the eighth Board session.

• Administrative dates: The share register closes 23–26 June 2026 for AGM voting eligibility; transfers must be lodged by 4:30 p.m. on 22 June 2026. H and A-shareholders on the register at 26 June 2026 may attend or vote by proxy.

All resolutions will be decided by poll, and shareholders are responsible for their own attendance costs.

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