CRRC Corporation Limited announced the resignation of Mr. Chen Xiaoyi, a Supervisor, on 28 September 2023, where Mr. Chen Xiaoyi applied for resignation as a Supervisor of the Company due to age reasons. Since the resignation of Mr. Chen Xiaoyi will lead to a lower number of Supervisors than the statutory minimum number, Mr. Chen Xiaoyi's resignation will take effect after the election of new Supervisor in accordance with the relevant provisions of the Company Law and the Articles of Association.