ZHUZHOU CRRC TIMES ELECTRIC

Times Electric is a joint stock company incorporated in Hunan Province in the People's Republic of China with limited liability. It is listed on the Hong Kong stock exchange (www.timeselectric.cn/en). Times Electric is the leading train-borne electrical system provider and integrator for the railway industry in China. It possesses comprehensive capabilities in research and development, design, manufacture sales and customer service. Times Electric is also engaged in developing, manufacturing and selling train power converters, auxiliary power supply equipment and control systems for trains for urban rail systems. In addition, Times Electric designs, manufactures and sells electrical components including power semiconductor devices. Times Electric's address is Shidai Road, Shifeng District, Zhuzhou 412001, Hunan Province, People's Republic of China.