Stock Code: 200771 Stock ID: Hangqilun B Announcement No.: 2023-33
Hangzhou Steam Turbine Power Group Co., Ltd.
Supplementary Announcement on the Contents of the Simplified Report of Change
in Equity of the Transferee of Share Transfer
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.
Hangzhou Steam Turbine Holdings Co., Ltd. (hereinafter referred to as " Steam Turbine Holding"),
the controlling shareholder of Hangzhou Steam Turbine Power Group Co., Ltd. (hereinafter referred to
as "the Company"), and Hangzhou Qitong Equity Investment Partnership (limited partnership)
(hereinafter referred to as "Hangzhou Qitong") signed a conditionally effective Share Transfer
Agreement on April 3, 2023, and Hangzhou Qitong acquired 49,008,999 unlisted circulating shares of
the Company held by Turbine Holding through the agreement by public solicitation and transfer
(accounting for 5% of the total share capital of the Company). For details, please refer to the
Announcement on the progress of the transfer of the Company's shares by the controlling
shareholder through the public solicitation transfer agreement namely the signing of the share
transfer agreement (Announcement No.: 2023-32) and the Simplified Report of Change in Equity
(Hangzhou Qitong) and Simplified Report of Change in Equity (Turbine Holdings) published by the
Company on CNINF (www.cninfo.com.cn) on April 4, 2023.
The Company has additionally disclosed the following contents in the simplified report of change
in equity of the Transferee of the share transfer of the controlling shareholder:
I.Ownership structure of information disclosure obligor
As of the signing date of the simplified report of change in equity, the capital contribution
structure of Hangzhou Qitong is as follows:
Amount of
Partner Ratio of
S/N Partner name contribution (RMB
nature contribution
'0,000)
1
Comprehensive Reform Experiment
General
1 (Hangzhou) Enterprise Management 100 0.1%
partner
Co., Ltd.
Hangzhou Weitong Equity Investment Limited
2 100,000 99.9%
Partnership (Limited Partnership) partner
Total 100,100 100%
As of the signing date of the simplified report of change in equity, the basic information of
Hangzhou Weitong Equity Investment Partnership (Limited Partnership), the limited partner of
Hangzhou Qitong, is as follows:
Enterprise
Hangzhou Weitong Equity Investment Partnership (Limited Partnership)
name
Main business Room 122 -32, No.26 Baiyun Road, Shangcheng District, Hangzhou City, Zhejiang
premises Province
Executive
Comprehensive Reform Experiment (Hangzhou) Enterprise Management Co., Ltd
partner
Contribution
RMB 1,506 million
amount
Unified social
91330102MA2KF663X5
credit code
Enterprise type Limited partnership
General items: equity investment (except for the items subject to approval according
Main business
to law, for which business activities shall be carried out independently according to
scope
law as per business license).
Term of
April 6, 2021 to no fixed term
partnership
Communication
13185016823
method
Comprehensive Reform Experiment (Hangzhou) Equity Investment Fund Partnership
(Limited Partnership) holds 99.6% of the property
Partner Comprehensive Reform Experiment(Hangzhou) Enterprise Management Co., Ltd.
situation holds 0.07% of the property
Comprehensive Reform Experiment (Hangzhou) Enterprise Management Partnership
(Limited Partnership) holds 0.33% of the property
As of the signing date of the simplified report of change in equity, the basic information of
Hangzhou Qitong's general partner Comprehensive Reform Experiment (Hangzhou) Enterprise
Management Co., Ltd. is as follows:
2
Enterprise
Comprehensive Reform Experiment (Hangzhou) Enterprise Management Co., Ltd
name
Registered Room 101-1-77, Building 21, No.1399 Liangmu Road, Cangqian Street, Yuhang
address District, Hangzhou City, Zhejiang Province
Legal
Dai Yusi
representative
Registered
RMB 10 million
capital
Unified social
91330110MA2KK0C47A
credit code
Enterprise type Other limited liability company
General items: business management; business management consulting (except for
Main business
the items subject to approval according to law, for which business activities shall be
scope
carried out independently according to law as per business license).
Operating
August 24, 2021 to August 23, 2031
period
Communication
13185016823
method
Guoxin Guotong (Hangzhou) Equity Investment Co., Ltd. holds 49% of equity
Comprehensive Reform Experiment(Hangzhou) Enterprise Management Partnership
(Limited Partnership) holds 21% of equity
Hangzhou Yuhang Venture Capital Investment Management Co., Ltd. holds 7.5% of
Shareholder equity
information
Hangzhou Industrial Investment Co., Ltd. holds 7.5% of equity
Zhejiang Jinkong Investment Management Co., Ltd. holds 7.5% of equity
Zhejiang Zhongda Group Investment Co.,Ltd. holds 3.75% of equit
Hang Zhou Iron & Steel Co.,Ltd. holds 3.75% of equity
2.Property right control relationship
As of the signing date of the simplified report of change in equity, the property right control
relationship diagram of Hangzhou Qitong is as follows:
3
国务院国资委
100%
中国国新控股有限责任公司 李 王
亚 少
100% 南 龙
中国国新基金管理有限公司
50% 50%
100%
国新国同（杭州）股权投资
王少龙等9位 杭州博同企业
有限公司
自然人 管理有限公司
（备案号：P1070382)
90% 10%
49%
综改试验（杭州）股权投资基金
综改春华（杭州）企业管理合伙企业
综改试验（杭州）企业管理有限公司 合伙企业（有限合伙）
（有限合伙）
备案号：STJ355
0.07% 99.60% 0.33%
杭州微同股权投资合伙企业
（有限合伙）
备案号：SQV408
0.1% 99.90%
杭州启同股权投资合伙企业
（有限合伙）
备案号：SXW893
3.Actual controller information of Hangzhou Qitong
Hangzhou Qitong is a limited partnership, in which Comprehensive Reform Experiment
(Hangzhou) Enterprise Management Co., Ltd. is the general partner and Hangzhou Weitong Equity
Investment Partnership (Limited Partnership) is the limited partner. The Partnership Agreement of
Hangzhou Qitong Equity Investment Partnership (limited partnership) stipulates the authority of the
general partner and the limited partner: "All partners unanimously agree that the general partner, as the
executive partner of the partnership, is entitled to all the rights of management, control, operation and
decision-making of the partnership affairs stipulated in the Partnership Law and this agreement within
the scope stipulated in this agreement and relevant laws and regulations, and these rights shall be
exercised by the executive partner." Therefore, as the general partner of Hangzhou Qitong,
Comprehensive Reform Experiment (Hangzhou) Enterprise Management Co., Ltd. carries out
partnership affairs on behalf of the partnership, and has the executive power over the daily operation of
Hangzhou Qitong, thus forming control over Hangzhou Qitong.
As of the signing date of the simplified report of change in equity, the shareholding structure of
Comprehensive Reform Experiment (Hangzhou) Enterprise Management Co., Ltd. is as follows:
Amount of
S/N Shareholder name Equity ratio
contribution (RMB
4
'0,000)
Guoxin Guotong (Hangzhou) Equity Investment
1 490 49%
Co., Ltd.
Comprehensive Reform Experiment(Hangzhou)
2 Enterprise Management Partnership (Limited 210 21%
Partnership)
Hangzhou Yuhang Venture Capital Investment
3 75 7.5%
Management Co., Ltd.
4 Hangzhou Industrial Investment Co., Ltd. 75 7.5%
Zhejiang Jinkong Investment Management Co., 7.5%
5 75
Ltd.
6 Zhejiang Zhongda Group Investment Co.,Ltd. 37.5 3.75%
7 Hang Zhou Iron & Steel Co., Ltd. 37.5 3.75%
Total 1,000 100%
Guoxin Guotong (Hangzhou) Equity Investment Co., Ltd holds 49% of the shares of
Comprehensive Reform Experiment (Hangzhou) Enterprise Management Co., Ltd., which is the
largest shareholder. Guoxin Guotong (Hangzhou) Equity Investment Co., Ltd. appoints three directors
(accounting for 3/5) and the chairman to Comprehensive Reform Experiment (Hangzhou) Enterprise
Management Co., Ltd., and thus Guoxin Guotong (Hangzhou) Equity Investment Co., Ltd. forms
control over Comprehensive Reform Test (Hangzhou) Business Management Co., Ltd. The
shareholders of Guoxin Guotong (Hangzhou) Equity Investment Co., Ltd. are China Reform Fund
Management Co., Ltd., China Guoxin Holdings Co., Ltd. and the State Council State-owned Assets
Supervision and Administration Commission (SASAC) in turn, and their shareholding ratio is 100%
(see the property rights control relationship above for details).
Therefore, the State Council SASAC is the actual controller of Hangzhou Qitong.
4.Main fund sources of Hangzhou Qitong
The main funds of Hangzhou Qitong come from the contribution of the Comprehensive Reform
Experiment (Hangzhou) Equity Investment Fund Partnership (Limited Partnership) (Fund Record No.:
STJ355). As of the signing date of the simplified report of change in equity, the capital contribution
structure of the Comprehensive Reform Experiment (Hangzhou) Equity Investment Fund Partnership
Enterprise (Limited Partnership) is as follows:
Partner Amount of Ratio of
S/N Partner name
nature contributio contribution
5
n (RMB
'000
million)
Beijing Guoxin Comprehensive Reform
Limited
1 Investment Partnership (Limited 10 19.96%
partner
Partnership)
Limited
2 Zhejiang Industry Fund Co., Ltd. 10 19.96%
partner
Hangzhou Industrial Investment Co., Limited
3 10 19.96%
Ltd. partner
Hangzhou Comprehensive Reform
Limited
4 Yuxin Enterprise Management 10 19.96%
partner
Partnership (Limited Partnership)
Zhejiang Zhongda Group Investment Limited
5 5 9.98%
Co.,Ltd. partner
Limited
6 Hang Zhou Iron & Steel Co., Ltd. 5 9.98%
partner
Comprehensive Reform Experiment
General
7 (Hangzhou) Enterprise Management 0.1 0.20%
partner
Co., Ltd
Total 50.1 100%
The penetrating equity of Comprehensive Reform Experiment (Hangzhou) Equity Investment
Fund Partnership (Limited Partnership) (Fund Record No.: STJ355) is as follows:
Ratio of Amount of
contrib contributio
S/N Organization name Investor name
ution n (RMB
(%) '0,000)
Beijing Guoxin Comprehensive China Guoxin Holdings Co., Ltd. 99.99% 999,900
1 Reform Investment Partnership Guoxin Comprehensive Reform
0.01% 100
(Limited Partnership) Business Management Co., Ltd
1.1 China Guoxin Holdings Co., Ltd. State Council SASAC 100% 1,550,000
Guoxin Comprehensive Reform China Reform Fund Management Co.,
1.2 100% 5,000
Business Management Co., Ltd Ltd.
China Reform Fund Management Co.,
1.2.1 China Guoxin Holdings Co., Ltd. 100% 65,000
Ltd.
Zhejiang Financial Holding Co., Ltd 97.50% 1,950,000
2 Zhejiang Industry Fund Co., Ltd. Zhejiang Innovation Development
2.50% 50,000
Investment Co., Ltd.
Zhejiang Provincial Department of
2.1 Zhejiang Financial Holding Co., Ltd 100% 1,200,000
Finance
Zhejiang Innovation Development
2.2 Zhejiang Financial Holding Co., Ltd 100% 30,000
Investment Co., Ltd.
6
Hangzhou Industrial Investment Co., Hangzhou State-owned Capital
3 100% 1,000,000
Ltd. Investment and Operation Co., Ltd.
State-owned Assets Supervision and
Hangzhou State-owned Capital Administration Commission of
3.1 100% 1,000,000
Investment and Operation Co., Ltd. Hangzhou Municipal People's
Government
Hangzhou Yuhang Industry Fund Co.,
49.90% 49,900
Ltd.
Zhejiang Dream Town Investment
Hangzhou Comprehensive Reform 30.00% 30,000
Development Co., Ltd.
4 Yuxin Enterprise Management
Hangzhou Liangzhu Cultural City
Partnership (Limited Partnership) 20.00% 20,000
Group Co., Ltd.
Hangzhou Yuhang Venture Capital
0.10% 100
Investment Management Co., Ltd.
Hangzhou Yuhang Industry Fund Co., Hangzhou State-owned Capital
4.1 100% 480,000
Ltd. Investment and Operation Co., Ltd
Hangzhou Yuhang District Bureau of
Finance (State-owned Assets
Supervision and Administration Office 85% 850,000
Hangzhou State-owned Capital
4.1.1 of Hangzhou Yuhang District People's
Investment and Operation Co., Ltd
Government)
Hangzhou Yuhang Financial
15% 150,000
Development Co., Ltd
Hangzhou Yuhang Urban
Zhejiang Dream Town Investment
4.2 Development Investment Group Co., 100% 65,000
Development Co., Ltd.
Ltd.
Hangzhou Yuhang District Bureau of
Finance (State-owned Assets
Hangzhou Yuhang Urban Supervision and Administration Office 90% 18,000
4.2.1 Development Investment Group Co., of Hangzhou Yuhang District People's
Ltd. Government)
Zhejiang Financial Development Co.,
10% 2,000
Ltd
Zhejiang Financial Development Co.,
10% 7,000
Hangzhou Liangzhu Cultural City Ltd
4.3
Group Co., Ltd. Hangzhou State-owned Capital
90% 63,000
Investment and Operation Co., Ltd
Zhejiang Financial Development Co., Zhejiang Provincial Department of
4.3.1 100% 500,000
Ltd Finance
Hangzhou Yuhang District Bureau of
Finance (State-owned Assets
Hangzhou State-owned Capital
4.3.2 Supervision and Administration Office 85% 850,000
Investment and Operation Co., Ltd
of Hangzhou Yuhang District People's
Government)
7
Hangzhou Yuhang Financial
15% 150,000
Development Co., Ltd
Hangzhou Yuhang Venture Capital Hangzhou State-owned Capital
4.4 100% 2,000
Investment Management Co., Ltd. Investment and Operation Co., Ltd
Hangzhou Yuhang District Bureau of
Finance (State-owned Assets
Supervision and Administration Office 85% 850,000
Hangzhou State-owned Capital
4.4.1 of Hangzhou Yuhang District People's
Investment and Operation Co., Ltd
Government)
Hangzhou Yuhang Financial
15% 150,000
Development Co., Ltd
Zhejiang Zhongda Group Investment Zhejiang Zhongda Group Investment
5 100% 100,000
Co.,Ltd. Co.,Ltd. (600704.SH)
Hang Zhou Iron & Steel Co., Ltd.
6 / / /
(600126.SH)
Guoxin Guotong (Hangzhou) Equity
49% 490
Investment Co., Ltd.
Comprehensive Reform Test
(Hangzhou) Business Management 21% 210
Partnership (Limited Partnership)
Hangzhou Yuhang Venture Capital
7.50% 75
Investment Management Co., Ltd.
Comprehensive Reform Experiment
Hangzhou Industrial Investment Co.,
7 (Hangzhou) Enterprise Management 7.50% 75
Ltd.
Co., Ltd
Zhejiang Jinkong Investment
7.50% 75
Management Co., Ltd.
Zhejiang Zhongda Group Investment
3.75% 37.5
Co.,Ltd.
Hang Zhou Iron & Steel Co., Ltd.
3.75% 37.5
(600126.SH)
Guoxin Guotong (Hangzhou) Equity China Reform Fund Management Co.,
7.1 100% 5,000
Investment Co., Ltd. Ltd.
China Reform Fund Management Co.,
7.1.1 100% 65,000
Ltd. hina Guoxin Holdings Co., Ltd.
Hangzhou Botong Business
10% 100
Management Co., Ltd.
各
Comprehensive Reform Test 10%，共
Wang Shaolong, Liu Jingquan, Wu
7.2 (Hangzhou) Business Management 90%
Zhe, Guo Xiaoyu, Li Yanan, Li
Partnership (Limited Partnership) 10% 900
Weishu, Liu Wei, Qu Fucheng and Hou
each,
Yue, totally 9 people.
totally
90%
Hangzhou Botong Business Wang Shaolong 50% 50
7.2.1
Management Co., Ltd. Li Yanan 50% 50
8
Hangzhou Yuhang Venture Capital
Investment Management Co., Ltd.,
Hangzhou Industrial Investment Co.,
7.3-7.
Ltd., Zhejiang Jinkong Investment As disclosed above / /
7
Management Co., Ltd., Zhejiang
Zhongda Group Investment Co.,Ltd.
and Hang Zhou Iron & Steel Co., Ltd.
The updated simplified report of change in equity of Hangzhou Qitong was published on CNINF
(www.cninfo.com.cn) on the same day as this announcement. The Company will pay close attention to
the progress of this public solicitation and transfer, and fulfill its information disclosure obligations in
a timely manner in accordance with relevant regulations. Investors are advised to make careful
decisions and note the investment risks.
This announcement is hereby made.
The Board of Directors of Hangzhou Steam Turbine Power Group Co., Ltd.
April 13,2023
9
