Core Viewpoint - The stock of Times Electric has shown a mixed performance in recent trading, with a year-to-date increase of 7.01% and a recent decline over the past 20 days of 5.26% [1] Company Overview - Times Electric, established on September 26, 2005, and listed on September 7, 2021, is located in Zhuzhou, Hunan Province. The company specializes in the research, design, manufacturing, and sales of rail transit equipment, with a product structure that includes "devices + systems + complete machines" [1] - The main business revenue composition is as follows: rail transit equipment business accounts for 56.58%, emerging equipment business for 42.94%, and others for 0.48% [1] Financial Performance - For the period from January to September 2025, Times Electric achieved an operating income of 18.83 billion yuan, representing a year-on-year growth of 15.83%. The net profit attributable to the parent company was 2.72 billion yuan, with a year-on-year increase of 8.77% [2] - Since its A-share listing, Times Electric has distributed a total of 5.11 billion yuan in dividends, with 3.84 billion yuan distributed over the past three years [3] Shareholder Information - As of November 30, 2025, the number of shareholders of Times Electric was 18,800, a decrease of 16.23% from the previous period. The average circulating shares per person remained at 0 shares [2] - As of September 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the third-largest shareholder, holding 16.42 million shares, an increase of 477,500 shares from the previous period [3]

Core Insights - Zhuzhou CRRC Times Electric Co., Ltd. has obtained a patent for a "synchronous sampling method and device," with the authorization announcement number CN 119335252 B, and the application date is July 2023 [1] Company Overview - Zhuzhou CRRC Times Electric Co., Ltd. was established in 2005 and is located in Zhuzhou City, primarily engaged in the manufacturing of railway, ship, aerospace, and other transportation equipment [1] - The company has a registered capital of 1,411.54 million RMB [1] - According to data analysis, the company has invested in 37 enterprises, participated in 5,000 bidding projects, and holds 3,672 patent records, in addition to having 151 administrative licenses [1]

Core Points - The company has approved the use of temporarily idle raised funds for cash management, not exceeding 100 million yuan, to ensure the safety of funds and not affect project construction or normal operations [1][2][3] - The decision was made during the 20th meeting of the 7th Board of Directors on August 22, 2025, and the funds can be used for a period of 12 months from the date of approval [1] - A special settlement account for cash management products has been opened to manage the temporarily idle raised funds, which will not be used for any other purposes [1]

Core Insights - Zhuzhou CRRC Times Electric Co., Ltd. has obtained a patent for a method, device, electronic equipment, and storage medium for confirming driving direction, with the authorization announcement number CN 116923494 B, and the application date being April 2022 [1] Company Overview - Zhuzhou CRRC Times Electric Co., Ltd. was established in 2005 and is located in Zhuzhou City, primarily engaged in the manufacturing of railway, ship, aerospace, and other transportation equipment [1] - The company has a registered capital of 1,411.54 million RMB [1] - The company has invested in 37 enterprises and participated in 5,000 bidding projects, holding a total of 3,672 patent records and 151 administrative licenses [1]

Core Insights - Zhuzhou CRRC Times Electric Co., Ltd. has obtained a patent for a "Master-Slave Locomotive Control Method Based on Time Synchronization, Combined Train, and Equipment" with authorization announcement number CN 119058779 B, applied on June 2023 [1] Company Overview - Zhuzhou CRRC Times Electric Co., Ltd. was established in 2005 and is located in Zhuzhou City, primarily engaged in the manufacturing of railway, shipbuilding, aerospace, and other transportation equipment [1] - The company has a registered capital of 1,411.54 million RMB [1] - The company has invested in 37 enterprises and participated in 5,000 bidding projects, holding 3,672 patents and 151 administrative licenses [1]

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 中國，株洲，二零二五年十二月二日 於本公告日期，本公司董事長兼執行董事為李東林；副董事長兼執行董事為尚敬； 其他執行董事為徐紹龍；以及獨立非執行董事為李開國、鍾寧樺、林兆豐及馮曉雲。 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 關 於 開 立 募 集 資 金 現 金 管 理 產 品 專 用 結 算 賬 戶 的 公 告》，僅 供 參 閱。 承董事會命 株洲中車時代電氣股份有限公司 董事長 李東林 证券代码：6 ...

证券代码：688187（A 股） 证券简称：时代电气（A 股） 公告编号：2025-041 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 关于开立募集资金现金管理产品专用结算 账户的公告 本公司董事会及全体董事保证本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。 | 1 | 中国工商银行股份有限 公司株洲田心支行 | 株洲中车时代电气股份有限公司 | 19030205142 00005624 | | --- | --- | --- | --- | | 序 号 | 开户机构 | 账户名称 | 账号 | | 2 | 中国建设银行股份有限 | 株洲中车时代电气股份有限公司 | 43050262783 | | --- | --- | --- | --- | | | 公司株洲田心支行 | | 600000006 | 根据《上市公司募集资金监管规则》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》等相关规定，上述账户将专用于暂时闲置募集 资金现金管理的结算，不会存放非募集资金或作其他用途，现金管理 ...

Core Points - Zhuzhou CRRC Times Electric Co., Ltd. has obtained a patent for a "short-circuit fault diagnosis method and device, system, equipment, and storage medium" with authorization announcement number CN120669164B, applied on August 2025 [1] - The company was established in 2005 and is located in Zhuzhou City, primarily engaged in the manufacturing of railway, ship, aerospace, and other transportation equipment [1] - The registered capital of Zhuzhou CRRC Times Electric Co., Ltd. is 1,411.54 million RMB [1] - The company has invested in 37 enterprises, participated in 5,000 bidding projects, and holds 3,672 patent records, along with 151 administrative licenses [1]

Core Insights - Zhuzhou CRRC Times Electric Co., Ltd. has obtained a patent for a "Locomotive Wireless Reconnection System," with the authorization announcement number CN118921665B, applied for on May 2023 [1] Company Overview - Zhuzhou CRRC Times Electric Co., Ltd. was established in 2005 and is located in Zhuzhou City, primarily engaged in the manufacturing of railway, ship, aerospace, and other transportation equipment [1] - The company has a registered capital of 1,411.54 million RMB [1] Investment and Innovation - The company has invested in 37 enterprises and participated in 5,000 bidding projects [1] - It holds a total of 3,672 patent records and has 151 administrative licenses [1]

Core Points - Zhuzhou CRRC Times Electric Co., Ltd. has obtained a patent for a control method and system for multi-axis collaborative distribution of traction force in electric locomotives, with the authorization announcement number CN117622235B and application date in August 2022 [1] - The company was established in 2005 and is located in Zhuzhou City, primarily engaged in the manufacturing of railway, ship, aerospace, and other transportation equipment [1] - The registered capital of Zhuzhou CRRC Times Electric Co., Ltd. is 1,411.54 million RMB [1] - The company has invested in 37 enterprises, participated in 5,000 bidding projects, and holds 3,672 patents, along with 151 administrative licenses [1]