CRCC High Tech Equipment : (1) PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION; (2) PROPOSED CHANGE OF INTERNATIONAL AUDITOR; AND (3) PROPOSED NON-DISTRIBUTION OF FINAL DIVIDEND

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stock broker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

If you have sold or transferred all your shares in 中國鐵建高新裝備股份有限公司 (CRCC High-Tech Equipment Corporation Limited), you should at once hand this circular to the purchaser or transferee or to the bank or licensed securities dealer or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1786)

1. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION;
2. 1. PROPOSED CHANGE OF INTERNATIONAL AUDITOR; AND
   2. PROPOSED NON-DISTRIBUTION OF FINAL DIVIDEND

A letter from the Board is set out on pages 3 to 7 of this circular.

The AGM will be held at the office building of the Company at No. 384, Yangfangwang, Jinma Town, Kunming City, Yunnan Province, the PRC at 9:00 a.m. on Monday, 28 June 2021. Please refer to the notice of the AGM dated 13 May 2021 published on the Stock Exchange's website and the Company's website.

13 May 2021

CONTENTS
	Page
DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1
LETTER FROM THE BOARD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	3
NOTICE OF THE 2020 ANNUAL GENERAL MEETING . . . . . . . . . . . . . . . . . . . . . . . . .	8

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DEFINITIONS

In this circular, unless the context otherwise requires, the following expressions have the following meanings:

"AGM"	the annual general meeting to be held by the Company at the office
	building of the Company at No. 384, Yangfangwang, Jinma Town,
	Kunming City, Yunnan Province, the PRC at 9:00 a.m. on Monday, 28
	June 2021
"Articles of Association"	the articles of association of the Company
"Board"	the board of Directors of the Company
"China" or "PRC"	the People's Republic of China, and for the purpose of this circular,
	excluding Hong Kong, Macau and Taiwan
"Company"	CRCC High-Tech Equipment Corporation Limited ( 中國鐵建高新裝
	備股份有限公司), a joint stock limited company, whose H Shares are
	listed on the Main Board of the Stock Exchange
"Director(s)"	the director(s) of the Company
"Domestic Share(s)"	ordinary shares in the share capital of the Company, with nominal value
	of RMB1.00 each, which are subscribed for and paid up in Renminbi
"Group"	the Company and its subsidiaries
"H Share(s)"	overseas listed foreign shares in the share capital of the Company with
	nominal value of RMB1.00 each, which are listed on the Main Board of
	the Stock Exchange
"Hong Kong"	the Hong Kong Special Administrative Region of the PRC
"Listing Rules"	the Rules Governing the Listing of Securities on the Stock Exchange (as
	amended from time to time)
"Macau"	the Macau Special Administrative Region of the PRC
"Main Board"	the stock market (excluding the option market) operated by the Stock
	Exchange which is independent from and operated in parallel with the
	GEM of the Stock Exchange
"RMB"	Renminbi, the lawful currency of the PRC
"Share(s)"	ordinary shares in the capital of the Company with a nominal value of
	RMB1.00 each

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DEFINITIONS

"Shareholder(s)"	holder(s) of the Share(s)
"Stock Exchange"	The Stock Exchange of Hong Kong Limited
"%"	percent

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LETTER FROM THE BOARD

(a joint stock company incorporated in the People's Republic of China with limited liability)

	(Stock Code: 1786)
Executive Directors:	Registered office and principal place of
Mr. Liu Feixiang (Chairman)	business in the PRC:
Mr. Tong Pujiang	No. 384, Yangfangwang
Mr. Chen Yongxiang	Jinma Town
	Kunming City
Non-executive Directors:	Yunnan Province
Mr. Zhao Hui	PRC
Mr. Sha Mingyuan
	Principal place of business in Hong Kong:
Independent non-executive Directors:	23/F, Railway Plaza
Mr. Sun Linfu	39 Chatham Road South
Mr. Yu Jiahe	Tsim Sha Tsui
Mr. Wong Hin Wing	Kowloon
	Hong Kong
	13 May 2021
To the Shareholders
Dear Sir or Madam,

1. 1. PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION;
   2. 1. PROPOSED CHANGE OF INTERNATIONAL AUDITOR; AND
      2. PROPOSED NON-DISTRIBUTION OF FINAL DIVIDEND
2. INTRODUCTION
   The purpose of this circular is, among other things, to provide you with more information in respect

of: (i) proposed amendments to the Articles of Association; (ii) proposed change of international auditor; and (iii) proposed non-distribution of final dividend, to enable you to make an informed decision on whether to vote in favour of or against the relevant resolutions at the AGM.

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