Stock Code: 200771        Stock ID: Hangqilun B           Announcement No.： 2022-38



                              Hangzhou Steam Turbine Co., Ltd.

                   Announcement on the resignation of the supervisors



  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.



     On April 11,2022, The Board of Supervisors of the Company received a written resignation

report from the supervisor, Mr. Lu Jianhua. Due to retirement, Mr. Lu Jianhua resigned as the

Supervisor of the Eighth Board of Supervisors. After resignation, Mr. Lu Jianhua will not hold any

position in the Company.

     According to the Company Law and the Articles of Association, the resignation of Mr. Lu

Jianhua will lead to the number of members of the Board of Supervisors of the company being lower

than the quorum. The resignation application will take effect after a new supervisor is elected at the

Company's General Meeting of Shareholders. Before the resignation application takes effect, Mr.

Lu Jianhua will continue to perform his duties as a supervisor in accordance with relevant laws,

regulations and the Articles of Association.

     Until the announcement date, Mr.Lu Jianhua did not hold any company’s stocks.

     Mr. Lu Jianhua has been diligent, independent and fair since he became the supervisor of the

Company, and has effectively promoted the standardized operation of the Company. The Board of

Supervisors of the Company expresses its heartfelt thanks to Mr. Lu Jianhua for his contribution to

the development of the Company during his tenure!



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

April 12,2022