Zhuzhou CRRC Times Electric Co., Ltd. announced that at its AGM held on June 27, 2024, approved to distribute Cash Dividends of RMB 0.78 (tax inclusive, the Company will withhold and pay the appropriate income tax in accordance with applicable Chinese tax laws and regulations at the time of dividend distribution) for every one Share held by eligible Shareholders whose names appear on the register of members of the Company at the close of business on 9 July 2024. The Cash Dividend is expected to be distributed on or around 8 August 2024 to the Shareholders. In order to ascertain the entitlements of the holders of H Shares to receive the Cash Dividend, the transfer of H Shares will be closed from 4 July 2024 to Tuesday, 9 July 2024 (both days inclusive), during which no transfer of Shares will be effected.

In order for the holders of H Shares to qualify for receiving the Cash Dividend, all transfer documents accompanied by the relevant share certificates must be lodged with the Company's H Share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong for registration, no later than 4:30 p.m. on 3 July 2024.