公告日期：2025-08-23

CRRC CORPORATION LIMITED

ACTION PLAN FOR

“ENHANCING QUALITY, INCREASING EFFICIENCY

AND EMPHASIZING RETURNS”

CRRC Corporation Limited (hereinafter referred to as “CRRC” or the “Company”)
has actively responded to the Shanghai Stock Exchange’s initiative on the “Enhancing
Quality, Increasing Efficiency and Emphasizing Returns” campaign among Shanghai-
listed companies by formulating Action Plan for “Enhancing Quality, Increasing
Efficiency and Emphasizing Returns” (hereafter referred to as the “Action Plan”), so as
to earnestly fulfil its responsibilities of “Improving the Quality of the Company while
Enhancing the Returns and the Sense of Gain for the Investors”. The details are as
follows:

I. CREATING AN INDUSTRIAL PATTERN OF “TWO TRACKS AND TWO
CLUSTERS” TO ENHANCE THE OPERATIONAL QUALITY

Since its establishment, CRRC has focused on its principal responsibilities and
major businesses, strengthened strategic leadership, deeply grasped opportunities,
and actively responded to challenges. It has developed into the world’s leading,
diverse rolling stock supplier with advanced technology, and received great
attention from leaders of the Party and the state. The series of rolling stock
equipment represented by Chinese standard high-speed MUs of “China Fuxing”
EMUs became the “golden card” of China’s high-end equipment going global. The
Company strived to create an industrial pattern of “Two Tracks and Two Clusters”
for the rail transit equipment business and clean energy equipment business.
This will establish a system of graded layout, positive interaction, and cluster
development, expediting the enhancement of system solution capabilities and
solidifying the industrial foundation for high-quality development.

construction of new business models, and broadening pathways for high-
quality development

……
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