Stock code: 688187 (A shares) Stock abbreviation: Times Electric (A shares) Announcement No.: 2024-026

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

ZHUZHOU CRRC TIME ELECTRIC CO., LTD

About 2023 Annual General Meeting, 2024 First A- Share Class

The general meeting of shareholders and the first H-share class shareholders' meeting in 2024 are added.

Announcement of the Proposal and Supplementary Notice of the General Meeting of Shareholders

the company's board of directors and all directors to ensure that the contents of the announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

1. General Meeting of Shareholders

1. Type and session of shareholders' meeting:

2023 Annual General Meeting, 2024 First A- Share Class General Meeting and 2024 First

H-share class general meeting

2. Date of shareholders' meeting: June 27, 2024

3. Shareholders' General Meeting Registration Date:

Share Class Stock Code Stock Referred to as Share Registration Date

A- share 688187 Times Electric 2024/6/21

Information note 2. the addition of provisional proposals

1. Sponsor: CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd.

2. Description of the proposal procedure

The company has announced the notice of the general meeting of shareholders on June 5, 2024, holding 41.87 per cent of the shares alone.

Ltd., a shareholder of CRRC Zhuzhou Electric Locomotive Research Institute, on June 11, 2024, to submit an interim proposal and

Written submission to the convener of the general meeting of shareholders. The convener of the general meeting of shareholders is hereby announced in accordance with the relevant provisions of the "Shanghai Stock Exchange Science and Technology Innovation Board Listed Companies Self-Regulatory Guidelines No. 1-Standardized Operation.

3. Specific contents of the provisional proposal

The board of directors of the company received a letter from CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. on the proposal to increase the interim proposal for the 2023 annual general meeting of Zhuzhou CRRC Times Electric Co., Ltd., and proposed to submit the proposal on nominating Mr. Xu Shaolong as the candidate for executive director of the seventh board of directors of the company as an interim proposal to the company's 2023 annual general meeting for deliberation.

According to the relevant provisions of the the People's Republic of China Company Law, the rules of shareholders' meeting of listed companies and the articles of Association of Zhuzhou CRRC Times Electric Co., Ltd., shareholders who individually or collectively hold more than 3% shares of the company may put forward an interim proposal and submit it to the convener in writing ten days before the shareholders' meeting. The convener shall, within two days after receiving the proposal, issue a supplementary notice to the general meeting of shareholders to announce the contents of the provisional proposal.

CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. has the main qualification to put forward temporary proposals. The contents of the above proposals belong to the scope of the company's shareholders' meeting, with clear topics and specific resolutions, and the proposal procedures are in line with the relevant provisions of the the People's Republic of China Company Law, the rules of procedure of the shareholders' meeting of Zhuzhou CRRC Times Electric Co., Ltd., and the articles of Association of Zhuzhou CRRC Times Electric Co., Ltd.

The above new proposal has been deliberated and passed at the ninth meeting of the seventh board of directors of the company, and the board of directors of the company agreed to submit the above proposal as a temporary proposal to the company's 2023 annual general meeting of shareholders for deliberation.

In addition to the above-mentioned additional interim proposal, the notice of the original general meeting of shareholders announced on June 5, 2024 was 3..

No change.

4. the relevant circumstances of the shareholders' meeting after the addition of the provisional proposal.

Date, time and place of (I) site meeting

Date and time of convening: June 27, 2024, 10: 00

Venue: Room 301, Times Hotel, Times Road, Shifeng District, Zhuzhou City

(II) network voting system, start and end dates and voting time.

Online voting system: Shanghai Stock Exchange shareholders' meeting online voting system

Online voting start time: June 27, 2024

Online voting end time: June 27, 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 period on the day of the shareholders' meeting, that is, 9:15-9:25,9:30-11:30,13:00-15:00; the voting time through the Internet voting platform is 9:15-15:00 on the day of the shareholders' meeting.

(III) equity registration date

The equity registration date of the original notice of the general meeting of shareholders shall remain unchanged.

(IV) General Meeting of Shareholders Proposals and Voting Shareholder Types

Type of voting shareholder

No. Proposal Name A- share shareholder

Non-Cumulative Voting Bill

1 Motion on the Company's 2023 Annual Report and its Summary √

2 Proposal on the Company's 2023 financial report √

3 Proposal on the Work Report of the Board of Directors of the Company for the year 2023 √

4 Proposal on the Work Report of the Board of Supervisors of the Company for the year 2023 √

5 Proposal on the Company's Profit Distribution Plan for 2023 √

6 Proposal to engage the Company's auditor for the year 2024 √

7 Proposal to apply for the use of the 2024 bank credit line

8 Proposal on the remuneration of the directors of the Company for the year 2023 √

9 Proposal on the 2023 Annual Remuneration of Supervisors of the Company √

10 On the expected 2025 between the Company and CNRC

Daily rental of housing and supporting equipment and facilities from 2027 to 2027

Proposal for the amount of the joint transaction.

11 On the revision of the Working System for Independent Non-executive Directors of the Company √

the bill

12 Proposal to amend the Rules of Procedure of the General Meeting of Shareholders of the Company √

13 Proposal to amend the Rules of Procedure of the Board of Directors of the Company √

14 Proposal to amend the Rules of Procedure of the Supervisory Board of the Company √

15 Proposal on Amending the Management System of the Company's External Guarantees √

16 Proposal to amend the "Management System for Connected Transactions of the Company" √

17 Proposal to amend the Company's Foreign Investment Management System √

18 On the revision of the Company's A- share fund raising management system.

Bill

19 On the revision of the "Prevention of Controlling Shareholders and Actual Controllers of the Company"

and its related party funds appropriation system.

20 On the election of Ms. Feng Xiaoyun as the seventh board of directors of the company

Director's motion

21 On granting the Board of Directors additional A shares and H shares of the Company general √

Motion for a sexual mandate

22 Proposal to grant the Board of Directors a general mandate to repurchase H shares √

23 Proposal to amend the Articles of Association of the Company √

24 On the election of Mr. Xu Shaolong as the 7th Board of Directors of the Company

The motion of the director of the bank.

Note: The general meeting of shareholders will hear the 2023 annual report of independent directors of the company.

Proposals and voting types for the first A- share class shareholders' meeting in (II) 2024

Type of voting shareholder

No. Proposal Name A- share shareholder

Non-Cumulative Voting Bill

1 Proposal to grant the Board of Directors a general mandate to repurchase H shares √

(III) the First H-share Class Shareholders' Meeting in 2024 to Deliberate Proposals and Voting Types

Type of voting shareholder

No. Proposal Name A- share shareholder

Non-Cumulative Voting Bill

1 Proposal to grant the Board of Directors a general mandate to repurchase H shares √

1. Explain when each bill has been disclosed and the media for disclosure.

For details of the above proposal, please refer to the "Times Electric 2023" to be published on the website of Shanghai Stock Exchange.

Annual General Meeting, First A- Share Class General Meeting in 2024 and First H-Share Class Shareholders in 2024

General Assembly meeting information (updated).

2. Special Resolution Proposals: Proposals 21, 22 and 23 of the 2023 Annual General Meeting of Shareholders; First A in 2024

The first proposal of the class shareholders' meeting; The first proposal of the first H-share class shareholders' meeting in 2024.

3. Proposals for separate counting of votes for small and medium investors: No. 5, 6, 8, 10, 20,

22, 24 bills need to be counted separately by small and medium-sized investors.

4. Motion involving the avoidance of voting by affiliated shareholders: 10

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

5, involving preferred shareholders to participate in the voting of the motion: none.

It is hereby announced.

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

June 13, 2024

Annex 1: Power of Attorney

Power of Attorney

Zhuzhou CRRC Times Electric Co., Ltd:

I hereby entrust Mr. (Madam) to represent the unit (or myself) to attend the meeting on June 27, 2024.

The company's annual general meeting in 2023 and the first A- share class general meeting in 2024, and on its behalf.

Exercise of voting rights.

Number of common shares held by the principal:

Number of preferred shares held by the principal:

Principal Shareholder Account No:

Proposals and voting results of the 2023 Annual General Meeting of (I)

No. Non-Cumulative Voting Bill Name Agree Against Abstention

1 About the Company's 2023 Annual Report and its Summary

Bill

2 Discussion on the Company's 2023 financial final accounts report

Case

3 Report on the Work of the Board of Directors of the Company for the year 2023

Bill

4 Report on the Work of the Board of Supervisors of the Company for the year 2023

Bill

5 Discussion on the Company's Profit Distribution Plan for 2023

Case

6 Discussion on the engagement of the Company's auditor for the year 2024

Case

7 On the application for the use of the 2024 bank credit line.

Bill

8 Proposal on the 2023 Annual Remuneration of Directors of the Company

9 Proposal on the 2023 Annual Remuneration of Supervisors of the Company

10 On the expected relationship between the Company and China Railway Corporation Limited.

Division 2025 to 2027 housing and supporting equipment and facilities

A motion to lease the amount of daily related transactions.

11 On the revision of the working system of independent non-executive directors of the Company.

degree of motion.

12 On the amendment of the Rules of Procedure of the General Meeting of Shareholders of the Company

Bill

13 Discussion on Amending the Rules of Procedure of the Board of Directors of the Company

Case

14 Discussion on Amending the Rules of Procedure of the Supervisory Board of the Company

Case

15 On the revision of the Company's External Guarantee Management System

Bill

16 On the revision of the Company's Management System for Connected Transactions

Bill

17 On the revision of the Company's Foreign Investment Management System

Bill

18 On the revision of the management system of the Company's A- share fund raising.

degree of motion.

19 On the revision of the "Company's prevention of controlling shareholders, actual control."

The bill of the system of capital occupation of the person and its related parties.

20 About the Election of Ms. Feng Xiaoyun as the 7th Director of the Company

The motion of the independent director of the board of directors.

21 On granting the Board of Directors additional A shares and H shares of the Company

Motion for general authorization

22 General Authorization to the Board of Directors to Repurchase H Shares

the bill

23 Proposal on Amending the Articles of Association of the Company

24 Regarding the election of Mr. Xu Shaolong as the 7th Director of the Company

Executive Director's Motion

Proposals and voting results of the first A- share class shareholders' meeting in 2024, (II)

No. Non-Cumulative Voting Bill Name Agree Against Abstention

1 On the request to the general meeting of shareholders to grant the board of directors the repurchase of H shares.

Motion for general authorization

Signature (Seal) of Principal: Signature of Trustee:

ID No. of Client: ID No. of Trustee:

Date of entrustment:

Remarks:

The principal shall choose one of the intentions of "agree", "oppose" or "abstain" in the power of attorney and mark "√". If the principal does not make specific instructions in this power of attorney, the trustee shall have the right to vote according to his own wishes.

Annex 2: Receipt of Attendance of Shareholders' General Meeting

ZHUZHOU CRRC TIME ELECTRIC CO., LTD

Receipt of attendance at the 2023 Annual General Meeting and the first A- share Class General Meeting in 2024

Name of shareholder (name of corporate shareholder)

Shareholder Address

Name of person attending the meeting ID card number

Client (legal representative) name ID card number

Shareholding Shareholder Code

Contact Phone Fax

Signature of shareholders (signature of corporate shareholders)

(Note: The clippings and photocopies of the above receipts or self-made in the above format are valid)