Zhuzhou CRRC Times Electric (03898) has completed the cancellation of 10.24 million repurchased H shares.
The announcement from Era Electric (03898) states that from February 10, 2026 to May 6, 2026, the company has conducted a series of repurchases of its H shares on the Stock Exchange. As of May 6, 2026, the company has repurchased a total of 10.2456 million H shares, accounting for approximately 0.7545% of the total issued share capital of the company as of the approval date by the shareholder, and 2.0950% of the total issued H shares. The total amount of funds used is 365 million Hong Kong dollars (excluding trading expenses) for these repurchases.
Zhuzhou CRRC Times Electric (03898) announced that from February 10, 2026, to May 6, 2026, the company conducted a series of repurchases of its H shares on the Hong Kong Stock Exchange. As of May 6, 2026, the company had repurchased a total of 10.2456 million H shares, representing approximately 0.7545% of the total issued share capital approved by the shareholders on that date and 2.0950% of the total issued H shares. The total funds used amounted to HK$365 million (excluding transaction costs) for the repurchase.
The H shares repurchased by the company from February 10, 2026, to May 6, 2026, were cancelled on May 12, 2026. As a result, the total number of shares issued by the company will decrease by 10.2456 million shares to 1.3477 billion shares (including 869 million A shares and 479 million H shares).
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