Stock code: 688187 (A shares) Stock abbreviation: Times Electric (A shares) Announcement No.: 2024-

052

Stock code: 3898 (H shares) Stock abbreviation: Times Electric (H shares)

Zhuzhou CRRC Times Electric Co., Ltd

Notice on the convening of the first extraordinary shareholders' meeting in 2024

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of the announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Date of shareholders' meeting: December 13, 2024

The network voting system used in this shareholders' meeting: the network voting system of the shareholders' meeting of the Shanghai Stock Exchange

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1. Basic information on the convening of the meeting

(1) The type and session of the shareholders' meeting

The first extraordinary shareholders' meeting in 2024

(2) Convener of the shareholders' meeting: the board of directors

(3) Voting method: The voting method adopted at this shareholders' meeting is a combination of on-site voting and online voting

(iv) The date, time and place of the on-site meeting

Date and time: December 13, 2024 at 10:00

Location: Room 301, Times Hotel, Shifeng District, Zhuzhou City

(5) The system, start and end dates and voting times of online voting.

Online voting system: the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange

Online voting starts and ends on December 13, 2024

Until December 13, 2024

Using the online voting system of the Shanghai Stock Exchange, the voting time through the voting platform of the trading system is the trading time of the day of the shareholders' meeting, that is, 9:15-9:25, 9:30-11:30, 13:00-15:00, and the voting time through the Internet voting platform is 9:15-15:00 on the day of the shareholders' meeting.

(6) Voting procedures for margin trading, refinancing, agreed repurchase business accounts and Shanghai-Hong Kong Stock Connect investors

Accounts related to margin trading, refinancing, agreed repurchase business, and Shanghai-Hong Kong Stock Connect investors shall be subject to the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 – Standardized Operation.

(7) Involving public solicitation of shareholders' voting rights

Not involved.

2. Matters to be considered by the meeting

The general meeting of shareholders deliberated on the proposal and the type of voting shareholder

Types of voting shareholders

Serial No. Name of Proposal Shareholders of A shares

Non-cumulative voting motions

1 Proposal on changing the type of company √

2 Regarding the signing of the "2024 √" between the Company and CRRC Finance Co., Ltd

Financial Services Framework Agreement to 2027 day-to-day association

The proposal for the transaction is expected

Explain when each proposal has been disclosed and the media in which it has been disclosed

For the specific content of the above proposals, please refer to the "Meeting Materials of the First Extraordinary Shareholders' Meeting of Zhuzhou CRRC Times Electric Co., Ltd. in 2024" that the company will publish on the website of the Shanghai Stock Exchange.

1. Special resolution: None

2. Proposals for separate counting of votes for small and medium-sized investors: 2

3. Proposals involving the recusal of related shareholders from voting: 2

Names of related shareholders who should abstain from voting: CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd., CRRC Zhuzhou Electric Locomotive Co., Ltd., and CRRC Asset Management Co., Ltd

4. Proposals involving the participation of preferred shareholders in voting: none

3. Precautions for voting at the general meeting of shareholders

(1) Shareholders of the Company who exercise their voting rights through the online voting system of the general meeting of shareholders of the Shanghai Stock Exchange can either log in to the voting platform of the trading system (through the trading terminal of the securities company designated for trading) or log in to the Internet voting platform (website: vote.sseinfo.com) to vote. If you log in to the Internet voting platform for the first time to vote, investors need to complete shareholder identity verification. For specific operations, please refer to the instructions on the website of the Internet voting platform.

(2) If the same voting right is repeated through on-site, the firm's online voting platform or other means, the result of the first vote shall prevail.

(3) Shareholders can only submit all proposals after they have voted on them.

4. Attendees of the meeting

(1) Shareholders of the Company registered in the Shanghai Branch of China Depository and Clearing Co., Ltd. at the close of the afternoon of the share registration date have the right to attend the general meeting of shareholders (see the table below for details) and may entrust proxies to attend the meeting and vote in writing. The nominee does not have to be a shareholder of the company.

Share Class Stock Code Stock Abbreviation Share Record Date

A Shares 688187 Times Electric 2024/12/5

(2) Directors, supervisors and senior management of the company.

(3) Lawyers hired by the company.

(iv) Other personnel

5. Registration for the Conference

(1) Attendance response

Shareholders of A Shares (in person or their appointed representatives) who intend to attend this shareholders' meeting should attend this shareholders' meeting no later than 9 December 2024

On or before Monday, send the receipt of attendance at the shareholders' meeting (Attachment 2) to the company's mailbox (ir@csrzic.com).

(2) How to register for attendance

1. Registration method

(1) If an individual shareholder attends the meeting in person, he or she shall present his or her ID card or other valid certificates or certificates that can show his or her identity, and his or her stock account card; If an agent is appointed to attend the meeting, the agent shall present his or her valid ID card and the power of attorney of the shareholder.

(2) The legal person shareholder shall be attended by the legal representative or the agent entrusted by the legal representative. If the legal representative attends the meeting, he or she shall present the ID card of the legal representative, the stock account card of the legal person shareholder, and a copy of the business license; If an agent is entrusted to attend the meeting, the agent shall present his or her ID card, a written power of attorney issued by the legal representative of the legal person shareholder unit in accordance with the law (see Annex 1 for the power of attorney), and a copy of the business license. The above power of attorney shall be submitted to the office of the board of directors of the company at least 24 hours before the convening of this shareholders' meeting. Where the power of attorney is signed by another person authorized by the principal, the power of attorney or other authorization document authorized to sign shall be notarized. The notarized power of attorney or other authorization documents shall be submitted to the office of the board of directors of the company at the same time as the power of attorney.

2. Registration time: 9:30-10:00 on December 13, 2024 (Friday).

3. Registration location: Room 301, Times Hotel, Shifeng District, Zhuzhou City, Hunan Province

6. Other matters

(1) Contact information for the meeting

Address: Zhuzhou City, Hunan Province, Shifeng District, Shifeng District, Zhuzhou CRRC Times Electric Co., Ltd. Science and Technology Building, Contact Department: Office of the Board of Directors

Contact number: 0731-28498028

Fax: 0731-28493447

(2) The shareholders' meeting is expected to last for half a day, and the shareholders attending the meeting (in person or their authorized agents) to attend the shareholders' meeting shall be responsible for their own round-trip transportation and accommodation expenses.

The announcement is hereby made.

Board of Directors of Zhuzhou CRRC Times Electric Co., Ltd

November 7, 2024

Attachment 1: Power of Attorney

2: Receipt of attendance at the shareholders' meeting

Attachment 1: Power of Attorney

Power of Attorney

Zhuzhou CRRC Times Electric Co., Ltd.:

I hereby entrust Mr. (Ms.) to attend December 13, 2024 on behalf of my unit (or myself).

The first extraordinary shareholders' meeting of your company in 2024 will be held on the day and exercise the voting rights on your behalf.

Number of ordinary shares held by the delegator:

Number of preferred shares held by the client:

Principal Shareholder Account Number:

Serial Number Name of Non-cumulative Vote Proposal Agree Oppose Abstention

1. Proposal to change the type of company

2 About the Company and CRRC Finance Limited

Signed the "Financial Services for 2024 to 2027".

Framework Agreement" and routine related party transaction pre-agreement

Bills of the meter

Signature (seal) of the principal: Signature of the trustee:

Trustee's ID Number: Trustee's ID Number:

Date of commission: YYYYYYYYYYYYYYYYYYYYYY

Remark:

The Trustee shall select one of the intentions of "Agree", "Oppose" or "Abstain" in the Power of Attorney and mark "√", and the Trustee shall have the right to vote according to his own wishes if the Principal does not make specific instructions in this Power of Attorney.

Attachment 2: Acknowledgment of Attendance at the Shareholders' Meeting

Zhuzhou CRRC Times Electric Co., Ltd

Receipt of attendance at the first extraordinary shareholders' meeting in 2024

Name of Shareholder (Name of Corporate Shareholder)

Shareholder address

Name of attendee Identification number

Name of the principal (legal representative) ID number

Shareholding Shareholder code

Contact: Telephone, Fax

Shareholder's signature (corporate shareholder's signature)

(Note: Newspaper clippings, photocopies or self-made copies of the above receipts are valid)