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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , 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 announcement . CD 株洲 中 车 时代 电气 股份有限公司 ZHUZHOU CRRC TIMES ELECTRIC CO . , LTD . ( a joint stock company incorporated in the People's Republic of China with limited liability ) ( Stock Code : 3898 ) ANNOUNCEMENT OF UNAUDITED RESULTS FOR THE THREE MONTHS ENDED 31 MARCH 2021 The board of directors ( the " Board " ) of Zhuzhou CRRC Times Electric Co. , Ltd. ( the “ Company ” ) is pleased to announce the unaudited operating results of the Company and its subsidiaries ( the " Group " ) for the three months ended 31 March 2021 set out ( unless otherwise stated , the figures contained in this announcement are denominated in Renminbi yuan ) as follows . CONSOLIDATED STATEMENT OF FINANCIAL POSITION 31 March 2021 ASSETS CURRENT ASSETS 31 March 2021 31 December 2020 ( Unaudited ) ( Audited ) Cash and bank balances 5,350,097,631 5,128,885,997 Held - for - trading financial assets 2,269,134,622 3,732,327,307 Bills receivable 2,063,917,770 2,460,737,156 Trade receivables 9,081,038,001 7,936,895,209 Trade receivables financing 1,235,814,070 1,443,941,055 Prepayments Other receivables 309,357,005 358,912,908 182,740,632 162,774,728 Inventories Contract assets 5,090,317,143 4,258,490,200 270,311,393 649,035,718 301,335,105 641,182,827 Other current assets Total current assets 26,501,763,985 -1- 26,425,482,492