Times Electric discloses HKD 72.49 million share repurchase; 6.63 million shares awaiting cancellation

Bulletin Express06-08

Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) filed a Next Day Disclosure Return on 8 June 2026, detailing the latest progress of its H-share buy-back programme on the Hong Kong Stock Exchange.

On 8 June 2026, the company repurchased 1.84 million H shares on-market at prices ranging between HKD 38.50 and HKD 40.00, for a total consideration of HKD 72.49 million. All of these shares are designated for cancellation.

Including six earlier on-market transactions completed between 7 May and 1 June 2026, Times Electric has repurchased 6.63 million H shares since early May that are pending cancellation. This represents approximately 1.39 % of the current issued share capital of 478.80 million H shares; therefore, the issued share count remains unchanged until the cancellations are processed.

The repurchases were executed under the general mandate granted on 27 June 2025, which authorises the company to buy back up to 48.90 million shares. Cumulative repurchases under this mandate now stand at 16.88 million shares, equivalent to 3.45 % of the share capital outstanding when the mandate was granted.

Under Main Board Rule 10.06(3)(a), Times Electric is subject to a moratorium on issuing new shares or transferring any treasury shares until 8 July 2026.

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