CRRC shareholders approve interim dividend, significant board reshuffle

CRRC Corporation Limited announced the poll results of its 2025 second extraordinary general meeting held on September 22, 2025. Shareholders approved the abolishment of the board of supervisors, amendments to company procedures, and the 2025 interim profit distribution plan. An interim dividend of RMB0.11 per share (tax inclusive), totaling approximately RMB3,157m, was declared for the first half of 2025. This dividend will be paid in Hong Kong dollars to H-shareholders at HK$0.120362 per share, with a record date of October 6, 2025, and payment expected by November 20, 2025.

Additionally, the EGM saw a significant reshuffling of the board of directors and special committees. Mr. Sun Yongcai and Mr. Wang An were re-elected as executive directors, while Mr. Fan Bing was elected as a non-executive director. New independent non-executive directors include Mr. Wang Xifeng, Mr. Ngai Ming Tak, Mr. Yang Jiayi, and Mr. Zhang Zhenrong. Ms. Yi Ran was also elected as the employee director. Mr. Shi Jianzhong and Mr. Weng Yiran ceased their roles as independent non-executive directors upon expiry of their terms.

The newly constituted board has elected Mr. Sun Yongcai as its chairman. New members have also been appointed to the strategy and sustainable development committee, nomination committee, remuneration and evaluation committee, and audit and risk management committee, with terms commencing from the date of their election.