Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 中國中車股份有限公司 CRRC CORPORATION LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1766) OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT IN RELATION TO SIGNING CONTRACTS This overseas regulatory announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. CRRC Corporation Limited (the “Company”) has entered into certain contracts for the period from January 2020 to April 2020 with an aggregate value of approximately RMB22.48 billion. Details of such contracts are set out below: 1. Certain subsidiaries of the Company engaged in the freight wagons business have entered into contracts with China State Railway Group Co., Ltd. (中國國家鐵路集 團有限公司) in relation to the sales of freight wagons with an aggregate value of approximately RMB9.63 billion. 2. CRRC Changchun Railway Vehicles Co., Ltd. (中車長春軌道客車股份有限公司), a non-wholly-owned subsidiary of the Company, has entered into contracts with Xi’an Rail Transit Group. Co., Ltd. (西安市軌道交通集團有限公司), Xixian New District Rail Transit Investment and Construction Co., Ltd. (西咸新區軌道交通投 資建設有限公司), Wuhan Metro Group Co., Ltd. (武漢地鐵集團有限公司), Jinhua Jinyidong Rail Transit Co., Ltd. (金華市金義東軌道交通有限公司), Chengdu Rail Transit Group Co., Ltd. (成都軌道交通集團有限公司), and Chongqing Rail Line Jiangtiao Construction and Operation Co., Ltd. (重慶軌道江跳綫建設運營有限 公司) respectively, in relation to the sales of metro cars with an aggregate value of approximately RMB5.57 billion. It has entered into a contract with Operation Branch of Shenzhen Metro Line Three Investment Co., Ltd. (深圳市地鐵三號綫投 資有限公司運營分公司) in relation to the maintenance and alteration of metro cars with an aggregate value of approximately RMB900 million. 3. CRRC Nanjing Puzhen Rolling Stock Co., Ltd. (中車南京浦鎮車輛有限公 司), a wholly-owned subsidiary of the Company, has entered into contracts with Bangalore Metro Rail Corporation Limited, Hangzhou Metro Group Co., Ltd. (杭州 市地鐵集團有限責任公司), Jiangsu Ningju Rail Transit Co., Ltd. (江蘇寧句軌道 交通有限公司) and Nanjing Metro Construction Co., Ltd. (南京地鐵建設有限責任 公司) respectively, in relation to the sales of metro cars with an aggregate value of approximately RMB3.51 billion. 1 4. CRRC Zhuzhou Locomotive Co., Ltd. (中車株洲電力機車有限公司), a wholly- owned subsidiary of the Company, has entered into contracts with Guangzhou Metro Group Co., Ltd. (廣州地鐵集團有限公司), Shenzhen Metro Group Co., Ltd. (深圳市地鐵集團有限公司) and Kunming Rail Transit Group Co., Ltd. (昆明軌道 交通集團有限公司) respectively, in relation to the maintenance and alteration of metro cars and the sales of metro cars with an aggregate value of approximately RMB1.1 billion. 5. CRRC Xi’an Yongdian Jieli Wind Energy Co., Ltd. (西安中車永電捷力風能有限公 司) and Jiangsu CRRC Electric Co., Ltd (江蘇中車電機有限公司), wholly-owned subsidiaries of the Company, have entered into contracts with CSIC Haizhuang Windpower Co., Ltd. (中國船舶重工集團海裝風電股份有限公司), Mingyang Smart Energy Group Co., Ltd. (明陽智慧能源集團股份公司), Nanjing Wind Power Technology Co., Ltd. (南京風電科技有限公司) and Zhejiang Yunda Wind Power Corporation Limited (浙江運達風電股份有限公司) respectively, in relation to the sales of wind turbine generators with an aggregate value of approximately RMB1.77 billion. The total value of the aforementioned contracts accounts for approximately 10% of the operating revenue of the Company in 2019 under the PRC accounting standards. By order of the Board CRRC Corporation Limited Liu Hualong Chairman Beijing, the PRC 20 April 2020 As at the date of this announcement, the executive directors of the Company are Mr. Liu Hualong, Mr. Sun Yongcai and Mr. Lou Qiliang; and the independent non- executive directors are Mr. Li Guo’an, Mr. Wu Zhuo and Mr. Sun Patrick. 2.