Zhitong Finance App News, Times Electric (03898) issued an announcement. The board of directors of Zhuzhou CRRC Times Electric Co., Ltd. (hereinafter referred to as the “Company”) separately received Yan Changqi's written resignation report on the resignation of the company's deputy general manager and Liu Zehua's written resignation report on the resignation of the company's deputy general manager and financial director on March 28, 2024. Yan Changqi applied to resign as deputy general manager due to job adjustments. Liu Zehua applied to resign as deputy general manager and financial director due to job adjustments. Yan Changqi and Liu Zehua will continue to work for the company after their resignations. According to the “Company Law”, “Articles of Association” and other relevant regulations, the resignation reports of Yan Changqi and Liu Zehua took effect on the day they were delivered to the board of directors. As of the disclosure date of this announcement, Yan Changqi and Liu Zehua did not hold shares in the company. Yan Changqi served as the company's deputy general manager, and Liu Zehua was diligent and conscientious during his tenure as the company's deputy general manager and financial director. The company's board of directors sincerely thanked Yan Changqi and Liu Zehua for their contributions to the company during their tenure.

According to the provisions of the “Company Law” and “Articles of Association”, etc., after the nomination of members of the company's board of directors, review and approval of the qualifications of the financial director candidate by the company's audit committee, the company held the 6th meeting of the 7th board of directors on March 28, 2024 to review and pass the “Proposal on Appointing Gan Wei Wei as the Company's Deputy General Manager” and “Proposal on Appointing Sun Shan as the Company's Deputy General Manager and Chief Financial Officer”. The term of office starts from the date the board of directors deliberates and passes until the date the term of the 7th board of directors expires.