Group 1 - The stock price of Times Electric closed at 43.73 yuan on July 31, 2025, down 2.37% from the previous trading day, with a trading volume of 280 million yuan [1] - Times Electric operates in the transportation equipment sector, with main business activities covering rail transit equipment and new energy equipment, widely applied in railways, urban rail transit, and power systems [1] - The company announced a cash dividend distribution plan for 2024, proposing a cash dividend of 1 yuan per share (tax included), with the record date on August 7, 2025, and the ex-dividend date and dividend payment date on August 8 [1] Group 2 - On the same day, the net outflow of main funds was 61.0542 million yuan, accounting for 0.5% of the circulating market value [1]

Core Points - The company announced a cash dividend of 1 yuan per share (including tax) for the fiscal year 2024 [2][4] - The dividend distribution plan was approved at the annual shareholders' meeting held on June 27, 2025 [2][8] - The total cash dividend to be distributed amounts to 1,357,948,412 yuan based on the total share capital of 1,357,948,412 shares [4] Distribution Details - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration date [3] - The distribution method includes that dividends for shareholders who have not made designated transactions will be held by the China Securities Depository and Clearing Corporation until they complete the necessary transactions [5] - H-share shareholders are not included in this cash dividend distribution announcement [6] Taxation Information - Individual shareholders holding A-shares for more than one year will not be subject to personal income tax on the dividend, receiving the full 1 yuan per share [9] - For individual shareholders holding shares for one year or less, the company will not withhold personal income tax at the time of distribution, but tax will be calculated upon the sale of the shares [9] - Qualified Foreign Institutional Investors (QFIIs) will receive a net dividend of 0.9 yuan per share after a 10% withholding tax [10] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Board Office at 0731-28498028 or via email at ir@csrzic.com [12]

证券代码： 3898（H 股） 证券简称：时代电气（H 股） 株洲中车时代电气股份有限公司 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ? 是否涉及差异化分红送转：否 ? 每股分配比例 每股现金红利1元（含税） ? 相关日期 证券代码：688187（A 股） 证券简称：时代电气 （A 股） 公告编号：2025-027 （1）除自行发放的对象外，公司其他股东的红利委托中国结算上海分公司通 过其资金清算系统向股权登记日上海证券交易所收市后登记在册并在上海证券交 易所各会员办理了指定交易的股东派发。已办理指定交易的投资者可于红利发放 日在其指定的证券营业部领取现金红利，未办理指定交易的股东红利暂由中国结 算上海分公司保管，待办理指定交易后再进行派发。 （2）H 股股东的现金红利发放不适用于本公告。 股权登记日 除权（息）日 现金红利发放日 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 6 月 27 日的2024年年度股东会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收 ...

证券日报网讯 7月31日晚间，时代电气发布公告称，2024年年度权益分派方案为每股现金红利1元（含 税），股权登记日为2025年8月7日，除权（息）日及现金红利发放日均为2025年8月8日。 （文章来源：证券日报） ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對 其 準 確 性 或 完 整 性 亦 不 作 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3898） 海外監管公告 本 公 告 乃 由 株 洲 中 車 時 代 電 氣 股 份 有 限 公 司（「本公司」）根 據 香 港 聯 合 交 易 所 有 限 公司證券上市規則第13.10B條而作出。 茲 載 列 本 公 司 在 上 海 證 券 交 易 所 網 站 刊 登 之《株 洲 中 車 時 代 電 氣 股 份 有 限 公 司2024 年 年 度 權 益 分 派 實 施 公 告》，僅 供 參 閱。 承董事會命 证券代码：688187（A 股） 证券简称：时代电气 （A 股） 公告编号：2025-027 证券代码： 3898（H 股） 证券简称：时代电气（H 股） 株洲中车时代电气股份有限公司 2024年年度权益分派实施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 株洲中車時代電氣股份有限公司 呈交日期: 2025年7月31日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03898 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 489,040,900 | RMB | | 1 | RMB | | 489,040,900 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 489,040,900 | RMB | | 1 | RMB | | 489,040,900 | | 2. 股份 ...

株洲中车时代电气股份有限公司 2024年年度权益分派实施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 证券代码：688187（A 股） 证券简称：时代电气 （A 股） 公告编号：2025-027 证券代码： 3898（H 股） 证券简称：时代电气（H 股） 重要内容提示： 每股现金红利1元（含税） 相关日期 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/8/7 | 2025/8/8 | 2025/8/8 | 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 6 月 27 日的2024年年度股东会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 是否涉及差异化分红送转：否 每股分配比例 1. 发放年度：2024年年度 2. 分派对象： 3. 分配方案： 本次利润分配以方案实施前的公司总股本1,357,948,4 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 株洲中車時代電氣股份有限公司 呈交日期: 2025年7月31日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03898 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 489,040,900 | RMB | | 1 | RMB | | 489,040,900 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 489,040,900 | RMB | | | 1 RMB | | 489,040,900 | | 2. 股份 ...

Group 1 - The stock price of Times Electric closed at 44.79 yuan on July 30, 2025, down 0.71% from the previous trading day, with a trading volume of 154 million yuan and a turnover rate of 1.22% [1] - Times Electric operates in the fields of rail transit equipment and new energy, and is part of the transportation equipment sector and Hunan market [1] - Recently, there has been a slight net inflow of main funds into Times Electric, with a net inflow of 4.295 million yuan on July 30 [1]

Investment Rating - The report rates the industry as "Outperform" compared to the market [1] Core Insights - The integrated circuit manufacturing sector leads the electronic industry, with a weekly increase of 7.55% [2] - The launch of the Yajiang Hydropower Project is expected to accelerate the development of High Voltage Direct Current (HVDC) technology, with a total investment of approximately 1.2 trillion yuan [5][6] - The global HVDC market is projected to grow from $10.94 billion in 2024 to $11.70 billion in 2025, reflecting a year-on-year increase of 6.9% [7][24] - The domestic market for thyristors is expected to grow significantly, from 1.582 billion yuan in 2020 to 3.096 billion yuan in 2024, with a compound annual growth rate of approximately 18.3% [26] Summary by Sections 1. HVDC Overview - The Yajiang Hydropower Station will alleviate the imbalance in water and electricity supply in the region, with the southwestern area holding 70% of China's water energy resources [9][11] - HVDC technology has evolved through three generations, with the second generation (LCC) being the most mature and widely used for ultra-high voltage direct current (UHVDC) applications [17][20] 2. Market Demand for Thyristors - The demand for thyristors in the HVDC market is continuously increasing, driven by the expansion of high-voltage direct current projects [22][26] - The domestic market for thyristors is dominated by companies such as JieJie Microelectronics and Times Electric, which hold significant market shares [27][34] 3. Investment Opportunities - The report suggests focusing on investment opportunities in the thyristor market, particularly with companies like JieJie Microelectronics and Times Electric, which are closely linked to the HVDC industry [8][34] - JieJie Microelectronics has achieved full control over the thyristor supply chain and has recently patented technology to enhance thyristor performance [34] - Times Electric has introduced a new series of high-voltage thyristors, filling a domestic gap and contributing to the localization of ultra-high voltage projects [37]