CRCC High-Tech Equipment Corporation Limited announced upon review and recommendation by the nomination committee of the Board and based on the company's development needs, the Board has resolved to appoint Mr. Zhou Huipeng as the general manager of the Company. The terms of office shall commence from the date of passing the appointment by the Board (that is 3 November 2023) up to the date on which the fourth session of the Board of the Company is established and a new session of senior management is appointed, which are the same as the terms of office of the existing senior management members. Mr. Zhou Huipeng, aged 51, has been a deputy general manager of the Company since April 2021.

He graduated from Yunnan University of Finance and Economics in December 2014 with a master's degree in business administration, and is a senior engineer. Mr. Zhou has 27 years of experience in the field of railway maintenance machinery manufacturing and repair. From March 2008 to April 2021, he successively served as deputy director of the marketing department, deputy general manager of Beijing Marketing Branch, deputy general manager and manager of the marketing company, head of the strategic investment department, head of safety and environmental protection department, director of lean promotion office and head of asset management department of the Company.