The Board of Zhuzhou CRRC Times Electric Co., Ltd. considered and approved the profit distribution plan for 2019 to distribute cash dividends of RMB 529.0 million in total to all Shareholders, equivalent to the distribution of RMB 0.45 per share (tax inclusive) based on the total number of 1,175,476,637 shares of the Company. The proposed dividend to be distributed is subject to the approval of the Shareholders at the general meeting.