Stock Code: 200771       Stock ID: Hangqilun B       Announcement No. 2019-05




                         Hangzhou Steam Turbine Co., Ltd.
                    Announcement on the addition of directors


The members of the Board and the Company 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.


     I. Deliberation by the Board of Directors
The Proposal on Supplementally Adding the Non-independent Director of the Seventh Board of
Directors of the Company was approved at the 28th meeting of the Board of Directors of
Hangzhou Steam Turbine Co., Ltd (hereinafter referred to as "the Company") held on January 8,
2019.
     In accordance with the provisions of The Company Law" and the Articles of Association of
the Company, in order to improve the corporate governance structure and ensure the smooth
implementation of the Company's business decision-making work, upon the recommendation of
the controlling shareholder-Hangzhou Steam Turbine Power Group Co., Ltd, Ms. Li Guiwen was
nominated as the candidate for the non-independent director of the seventh board of directors of
the Company, with that the term of office shall be from the date of approval of the shareholders'
general meeting to the expiration of the term of the current board of directors.
     The above matter for the non-independent director candidate will be submitted to the
Company's first provisional shareholders’ general meeting in 2019 for consideration.
     II. Opinion by the Independent Directors
        1. The nomination and voting procedures for director candidates are in compliance with
the relevant provisions of The Company Law, the Articles of Association of the Company and
other laws and regulations, and are legal and valid; the nominee is nominated on the basis of the
full understanding of the education background, professional experience and professional
quality of the nominee, as well as the nominee's consent has been obtained.
2. After reviewing the resume of the director to be supplementally added, the situation specified in
Article 146 of The Company Law has not been found, and there is no case rendered that the
director candidate is banned by the market that has been confirmed by the China Securities
Regulatory Commission and such ban has not been lifted, nor is there any case of whom has been
punished or disciplined by the China Securities Regulatory Commission and the Shenzhen Stock
Exchange. The qualifications for the director are in compliance with the director qualifications
stipulated in The Company Law and the Articles of Association of the Company.


     This announcement is hereby made.

     Attachment: Resume of Ms. Li Guiwen, Director Candidate




                                     The Board of Directors of Hangzhou Steam Turbine Co., Ltd.

                                                                                  January 9，2019




Attachment：


Ms. Li Guiwen, born in September 1970, member of the Communist Party of China, postgraduate
degree, senior engineer. In 1992 the company entered the company, She served as Deputy director
General office and Deputy Minister of Economic Management of Hangzhou Steam turbine Power
Group, Since August 2007, She Served as Minister of Strategic Development of Hangzhou Steam
turbine Power Group, Since November 2017,She served as Secretary of the Board of
Directors and Minister of Strategic Development of Hangzhou Steam turbine Power Group.
     Ms. Li Guiwen is not holding the Company’s shares; there is no relationship with the
shareholders, the actual controller, other directors, supervisors and senior executives of the
Company holding more than 5% of the shares, and has not been punished by the CSRC and other
relevant departments And the stock exchange shall not be classified as a dishonest person; and
shall meet the requirements of the relevant laws, administrative regulations, departmental rules,
normative documents, the Rules for the Listing of Stocks and other relevant provisions of the
Exchange.