Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) reported to the Hong Kong Stock Exchange that it bought back 1.89 million H-shares on 24 June 2026. The shares were repurchased on-market at prices ranging from HKD 38.14 to HKD 39.86, for a total consideration of HKD 73.48 million, implying an average purchase price of approximately HKD 38.80 per share.

Including this latest transaction, Times Electric has executed 12 buyback tranches between 7 May and 24 June 2026 that remain pending cancellation, aggregating 15.06 million shares—about 3.15 % of the 478.80 million issued H-shares outstanding before the first tranche.

Under the general mandate approved on 27 June 2025, the company is authorised to repurchase up to 48.90 million shares. To date, 25.31 million shares—or 5.18 % of the share count on the mandate date—have been repurchased on the Hong Kong exchange and other markets. All repurchased shares are earmarked for cancellation; none will be held as treasury stock.

After the 24 June transaction, the issued share capital remains at 478.80 million shares because the repurchased shares have not yet been cancelled. In line with Main Board Rule 10.06(3)(a), Times Electric is subject to a moratorium on issuing new shares until 24 July 2026.

The company confirms that all buybacks were conducted in accordance with Hong Kong Stock Exchange regulations, relevant laws and its shareholder-approved mandate.