Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange (HKEX) on 29 April 2026, detailing continued execution of its share-repurchase programme.

The company repurchased 1.999 million H-shares on 29 April 2026 via on-market transactions at prices ranging from HKD 35.10 to HKD 36.70 per share, for a total consideration of HKD 72.49 million. All of these shares are designated for cancellation.

Including this latest tranche, Times Electric has bought back 7.362 million H-shares since 10 February 2026 that remain pending cancellation. The cumulative repurchases represent approximately 1.51% of the company’s 489.04 million issued shares (excluding treasury shares) outstanding as at 28 April 2026 and at the date of the latest transaction.

The repurchases were made under a shareholder mandate granted on 27 June 2025, which authorises the company to buy back up to 48.90 million shares. To date, approximately 15.05% of that limit has been utilised.

Following the transactions, Times Electric’s issued share capital remains unchanged at 489.04 million shares, as none of the repurchased shares have yet been cancelled. The company currently holds no treasury shares. Under HKEX Listing Rules, Times Electric is subject to a moratorium on new share issues until 29 May 2026.