Stock Code:20077       Stock ID: Hangqilun B      Announcement No. 2019-02


                      Hangzhou Steam Turbine Co., Ltd.

    Resolutions of the 13th Meeting of the 7th Term of Supervisory

                                          Committee



The members of the Supervisory Committee acknowledge being responsible for the truthfulness,

accuracy, and completeness of the announcement. Not any false record, misleading statement or

significant omission carried in this announcement.



The notice for calling of the 13th meeting of the 7th Supervisory Committee of Hangzhou Steam

Turbine Co., Ltd. was served on January 4, 2019, and the meeting was held in the morning of

January 8, 2019 in the meeting room No.2 of the reception center of the Company and voted by

means of telecommunication. All of the 5 supervisors presented the meeting. The supervisors

examined and voted on the proposals at the meeting. The secretary of the Board observed the

meeting. The meeting procedures are legal and complying with the Company Law and Articles of

Association.

     The meeting was hosted by Chief Supervisory Mr. Li Shijie.

     The following proposals were examined at the meeting and passed by open ballot.

I.The meeting examined the Proposal on Confirming Occurrence of Daily Related
Transactions of 2018 and        the Estimated Amount of Related Transactions of the

Company of 2019

     5 votes in favor, 0 objective, 0 waived; The proposal was passed.

     The Supervisors Committee verified the company's related party transactions in 2018. It

believed that when the company had a related party transaction business, it strictly enforced the

relevant agreement price passed by the company's shareholders meeting, complied with relevant

regulations, and performed legal procedures. The related party transactions and pricing principles

were fair and reasonable. There was no illegal behavior and no harm to the interests of the
company and its shareholders, especially the small and medium shareholders.

    This proposal is subject to examination of the Shareholders’ Meeting , and Hangzhou Steam

Turbine Power Group Co., Ltd. shall waive from voting of this proposal.



    This announcement is hereby made.



                               The Supervisory Committee of Hangzhou Steam Turbine Co., Ltd.

                                                                              January 9, 2019