CRRC Corporation Limited at its AGM held on 18 June 2024 approved final dividend of RMB 0.20 per Share (tax inclusive), amounting to approximately RMB 5,740 million in total for the year ended 31 December 2023. The 2023 Final Dividend of the Company will be denominated and declared in RMB, and will be paid in Hong Kong dollars to the holders of H Shares of the Company. The actual distribution amounts in Hong Kong dollars will be determined based on the average exchange rate (i.e., RMB1 = HKD 1.097854) between RMB and Hong Kong dollar as published by the People's Bank of China for the five working days prior to the date of the AGM, i.e. 18 June 2024 (such day inclusive).

Based on such exchange rate, the 2023 Final Dividend for each H Share will be HKD 0.219571 (tax inclusive). The Company has appointed Bank of China (Hong Kong) Trustees Limited as the agent to deal with the payment of dividend to the holders of H Shares on its behalf. Shareholders whose names appear on the H Share register of members of the Company as at 27 June 2024 will be entitled to receive the 2023 Final Dividend.

The 2023 Final Dividend is expected to be paid to the eligible holders of H Shares on a working day (excluding Saturday, Sunday or public holidays in Hong Kong or the PRC) on or before 14 August 2024. Timetable arrangements such as the record date and the date of distribution of the 2023 Final Dividend for investors of southbound trading will be the same as for the holders of H Shares of the Company.