Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) disclosed a further repurchase of 1.22 million H shares on 7 May 2026. The transaction was executed on the Hong Kong Stock Exchange at prices ranging between HKD 37.14 and HKD 37.84 per share, for a total consideration of HKD 45.68 million.

Including this latest tranche, the company has bought back 11.46 million shares since the current mandate was approved on 27 June 2025. This volume represents 2.34 % of the 489.04 million shares outstanding on the mandate date and utilises an equivalent portion of the 48.90 million-share repurchase authorisation.

Repurchased shares are destined for cancellation and have not yet been removed from the share register. Once cancelled, the buybacks to date would reduce the issued share capital by 2.34 %.

Based on disclosed average prices, the aggregate cash outlay for the 12 repurchase transactions conducted between 10 February and 7 May 2026 amounts to approximately HKD 410.39 million.

Under Hong Kong Stock Exchange rules, Times Electric is now subject to a moratorium on issuing new shares until 6 June 2026.