Zhuzhou CRRC Times Electric (03898) Publishes Next Day Disclosure Return and Details Share Repurchases

Bulletin Express
Feb 11

Zhuzhou CRRC Times Electric Co., Ltd. (stock code: 03898) released a Next Day Disclosure Return dated 11 February 2026. The company reported that its total number of issued H shares remained at 489,040,900 before and after the recent repurchase activities. However, a portion of the repurchased shares has not yet been cancelled.

The announcement shows that 109,700 H shares were repurchased on 10 February 2026 at an average price of HKD 42.7334 per share. Another 66,500 H shares were repurchased on 11 February 2026 at an average price of HKD 43.5988 per share. These shares are designated for cancellation but have not yet been removed from the total share count.

Per the repurchase report, on 11 February 2026, 66,500 shares were bought back on the Hong Kong Stock Exchange at prices ranging between HKD 43.28 and HKD 43.66, totaling an aggregate consideration of HKD 2,899,320.2. According to the announcement, the number of shares repurchased does not exceed the repurchase mandate of 48,904,090 shares, which was granted by resolution on 27 June 2025.

The total shares repurchased on the exchange or other stock exchanges now stand at 176,200, amounting to 0.036% of the total issued shares as of the resolution date. The disclosure also notes a moratorium period, which extends until 13 March 2026, during which no new share issuance or sale of treasury shares may be announced or completed without prior approval from the Hong Kong Stock Exchange.

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