The board of directors of Zhuzhou CRRC Times Electric Co., Ltd. announced that with effect from 23 December 2020: Mr. Li Donglin ceased to be the chairman of the nomination committee of the Board due to the corporate governance needs of the Company, but will continue to serve as the chairman of the Board and an executive Director, the chairman of the strategy committee of the Board and a member of the nomination committee of the Board; and Ms. Liu Chunru was appointed as the chairman of the nomination committee of the Board.