CRRC Corporation held the 3rd Supervisory Board 14th meeting in Beijing on October 30, 2024. The meeting was attended by all members and passed two important resolutions. Firstly, the Supervisory Board reviewed and approved the company's 2024 third-quarter report, considering that the preparation and review procedures of the report comply with relevant laws and regulations, and the content of the report is true, accurate, and complete. Secondly, the meeting approved the proposal regarding the acquisition of 2.59% equity of China Foreign Trade Financial Leasing Co., Ltd. held by China CNR Group Ltd., with the acquisition price of RMB 371.5948 million, based on the asset evaluation reference date of December 31, 2023. The resolutions of this meeting have significant impacts on the operation and financial condition of the company.

CRRC Corporation held the 3rd Supervisory Board 14th meeting in Beijing on October 30, 2024. The meeting was attended by all members and passed two important resolutions. Firstly, the Supervisory Board reviewed and approved the company's 2024 third-quarter report, considering that the preparation and review procedures of the report comply with relevant laws and regulations, and the content of the report is true, accurate, and complete. Secondly, the meeting approved the proposal regarding the acquisition of 2.59% equity of China Foreign Trade Financial Leasing Co., Ltd. held by China CNR Group Ltd., with the acquisition price of RMB 371.5948 million, based on the asset evaluation reference date of December 31, 2023. The resolutions of this meeting have significant impacts on the operation and financial condition of the company.