CRRC Corporation Limited announced that on 11 August 2021, the Board received the resignation report from Mr. Xie Jilong ("Mr. Xie"), the secretary to the Board and joint company secretary of the Company. Mr. Xie resigned as the secretary to the Board and joint company secretary of the Company due to work adjustment and will no longer hold any positions in the Company. According to the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association of CRRC Corporation Limited, the resignation of Mr. Xie came into effect upon delivery of the resignation report to the Board. Mr. Xie confirmed that he has no disagreement with the Board and there is nothing relating to his resignation that needs to be brought to the attention of the shareholders and creditors of the Company. During his term of office as the secretary to the Board and joint company secretary of the Company, Mr. Xie worked diligently and fulfilled his duties, and the Board would like to take this opportunity to acknowledge the significant contribution of Mr. Xie to the development of the Company during his term of office with the highest regard and deepest gratitude. The Board further announces that at the thirty-first meeting of the second session of the Board held on 11 August 2021, the Board agreed to appoint Mr. Wang Jian ("Mr. Wang") as the joint company secretary of the Company for a term commencing from the date of approval by the Board meeting until the date of expiry of the term of office of the second session of the Board. According to the Rules Governing the Listing of Stocks on Shanghai Stock Exchange and relevant rules, the Board has designated Ms. Li Zheng, the Chief Financial Officer (Chief Accountant) of the Company, to perform relevant duties of the secretary to the Board when the position is in vacancy. The Company will complete the selection and appointment of the secretary to the Board in accordance with relevant rules as soon as practicable.