Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) filed a Next Day Disclosure Return on 8 May 2026 detailing continued execution of its Hong Kong share-repurchase programme.

Key points • Latest transaction: On 8 May 2026 the company repurchased 758,200 H-shares on the Hong Kong Stock Exchange at prices between HKD 37.02 and HKD 37.80, spending HKD 28.29 million. All shares are designated for cancellation.

• Cumulative activity: Since 10 February 2026, Times Electric has bought back 12.22 million H-shares for cancellation across 13 trading sessions. The volume represents 2.50 % of the company’s issued share capital at the date of the original mandate (27 June 2025).

• Share-capital position: – Opening and closing issued share count (excluding treasury shares) remains unchanged at 489.04 million as of 8 May 2026; repurchased shares have not yet been cancelled. – Once the 12.22 million shares are cancelled, the issued share base will contract by the same 2.50 %.

• Repurchase mandate: The board is authorised to buy back up to 48.90 million shares. The current cumulative repurchases utilise approximately 25.00 % of this limit.

• Moratorium: Under Hong Kong listing rules, Times Electric is restricted from issuing new shares for 30 days following the 8 May repurchase, with the moratorium ending on 7 June 2026.

All repurchases were executed in accordance with Hong Kong Stock Exchange regulations and the mandate approved by shareholders on 27 June 2025.