CRRC Corporation held its 26th board of directors meeting of the third term on July 29, 2024, chaired by Mr. Sun Yongcai, the chairman, and attended by all directors. The proposal to establish a digital business unit was passed at the meeting, aiming to accelerate the digitalization and intelligent development of the company's industry to achieve high-quality development. The voting result of the resolution was unanimously passed without any objection or abstention votes. The convening of this meeting and the content of the resolution are in compliance with relevant laws, regulations and the company's articles of association.

CRRC Corporation held its 26th board of directors meeting of the third term on July 29, 2024, chaired by Mr. Sun Yongcai, the chairman, and attended by all directors. The proposal to establish a digital business unit was passed at the meeting, aiming to accelerate the digitalization and intelligent development of the company's industry to achieve high-quality development. The voting result of the resolution was unanimously passed without any objection or abstention votes. The convening of this meeting and the content of the resolution are in compliance with relevant laws, regulations and the company's articles of association.