Hangzhou Turbine Power Group Co., Ltd. Summary of the Semi-annual Report 2023
Stock Code: 200771 Stock ID: Hangqilun B Announcement No.:2023-72
Hangzhou Turbine Power Group Co., Ltd.
Summary of the Semi-Annual Report 2023
I. Important notes
This summary of the Semi-Annual Report is quoted out of the full text of the Semi- Annual Report. Investors
desirous to understand entirely the Company's operation results, financial position and future development
planning are advised to carefully read the full text of the Semi-Annual Report which is published in the medium
designated by CSRC.
All the directors attended the board meeting for the review of this Report.
Non-standard auditor’s opinion
□ Applicable √Not applicable
Preliminary plan for profit distribution to the common shareholders or turning the capital reserve into the share
capital for the reporting period, which has been reviewed and approved at the board meeting
□ Applicable √Not applicable
The company will distribute no cash dividends or bonus shares and has no reserve capitalization plan.
The preference share profit distribution pre-plan approved by the Board of Directors
□ Applicable √Not applicable
II. Basic information about the company
1. Company profile
Stock ID Hangqilun B Stock Code 200771
Stock Exchange Listed Shenzhen Stock Exchange
Modified stock ID (if any) Not applicable
Contact person and contact manner Board secretary Securities affairs Representative
Name Li Guiwen Li Xiaoyang
No.1188, Dongxin Road, Hangzhou , No.1188, Dongxin Road, Hangzhou ,
Address Zhejiang Zhejiang
Tel. 0571-85780058 0571-85780438
Email. lgw@htc.cn lixiaoyang@htc.cn
2. Major accounting data and financial indicators
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□Yes √ No
This report term Same period last year YoY+/-（%）
Operating revenue（Yuan） 2,622,245,052.99 3,075,980,333.58 -14.75%
Net profit attributable to the shareholders of the
149,699,746.13 348,340,310.01 -57.02%
listed company（Yuan）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of listed 105,115,646.97 270,767,570.26 -61.18%
company（Yuan）
Cash flow generated by business operation, net 335,166,177.34 164,877,823.29 103.28%
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Hangzhou Turbine Power Group Co., Ltd. Summary of the Semi-annual Report 2023
（Yuan）
Basic earning per share(Yuan/Share) 0.13 0.30 -56.67%
Diluted gains per share(Yuan/Share) 0.13 0.30 -56.67%
Net asset earning ratio（%） 1.84% 4.24% -2.40%
As at the end of the As at the end of last
reporting period year YoY+/-（%）
Gross assets (yuan) 16,177,803,025.04 15,374,999,610.32 5.22%
Shareholders’ equity attributable to shareholders
7,904,195,621.68 8,328,481,114.19 -5.09%
of the listed company（yuan）
3. Shareholders and shareholding
In shares
Total number of preferred
Total Number of common shareholders at the end of the shareholders that had restored the voting right
10,972 0
reporting period at the end of the reporting period (if any)
(note 8)
Shareholdings of Top 10 shareholders
Number or
Proportion Amount of
Shareholders Number of share
of shares
Nature of shareholder shares held at restricted pledged/frozen
held
period -end State of Am
（%） shares held share ount
Hangzhou Turbine Holdings Co., Ltd. State-owned legal person 58.68% 689,715,889 689,715,889
Hangzhou Qitong Equity Investment Partnership（LP） State-owned legal person 5.00% 58,810,799 58,810,799
China Merchants Securities (HK)Co., Ltd. Foreign legal person 0.72% 8,415,610 0
GUOTAI JUNAN SECURITIES（HONG KONG）
Foreign legal person 0.67% 7,862,166 0
LIMITED
Zhou Jie Domestic Natural person 0.67% 7,850,000 0
ISHARES CORE MSCI EMERGING MARKETS ETF Foreign legal person 0.57% 6,725,834 0
VANGUARD TOTAL INTERNATIONAL STOCK
Foreign legal person 0.56% 6,578,411 0
INDEX FUND
VANGUARD EMERGING MARKETS STOCK INDEX
Foreign legal person 0.52% 6,144,344 0
FUND
NORGES BANK Foreign legal person 0.33% 3,922,665 0
Xia Zulin Domestic Natural person 0.32% 3,810,000 0
(1) Hangzhou Turbine Holdings Co., Ltd. and Hangzhou
Qitong Equity Investment Partnership（LP） are the holder of
state-shares of the Company, all other shareholders’ are holders
of domestic listed foreign shares (B shares)
(2) There is no relationship between Hangzhou Turbine
Holdings Co., Ltd. and Hangzhou Qitong Equity Investment
Explanation on associated relationship among the aforesaid shareholders Partnership（LP）.;
(3) Hangzhou Turbine Holdings Co., Ltd. and Hangzhou
Qitong Equity Investment Partnership（LP）are not an
“action-in-concert” party with any of other shareholders as
described by the “Administration Rules of Informational
Disclosure about Change of Shareholding Statues of PLCs”.
Explanation on shareholders participating in the margin trading business(if any ) Not applicable
4. Change of the controlling shareholder or the actual controller
Change of the controlling shareholder in the reporting period
□ Applicable √ Not Applicable
There was no any change of the controlling shareholder of the Company in the reporting period.
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Hangzhou Turbine Power Group Co., Ltd. Summary of the Semi-annual Report 2023
Change of the actual controller in the reporting period
□ Applicable √ Not applicable
There was no any change of the actual controller of the Company in the reporting period.
5.Number of preference shareholders and shareholdings of top 10 of them
□ Applicable √ Not applicable
No preference shareholders in the reporting period
6. Corporate bonds that existed on the date when this Report was authorized for issue
□ Applicable √ Not applicable
III. Significant events
On February 3, 2023, the Company received a notice from Hangzhou Turbine Holdings Co., Ltd
(hereinafter referred to as "Turbine Holdings")-the Company's controlling shareholder, that Turbine Holdings
intends to transfer its 5% non-tradable shares of the Company through a public solicitation transfer. For details,
please refer to the "Indicative Announcement on the Controlling Shareholder's Intention to Transfer the
Company's Shares by Agreement through Public Solicitation and Transfer" disclosed by the Company on
February 6, 2023(Announcement No.:2023-04). On March 10, 2023, the Company received a written notice
from Turbine Holdings that the public solicitation and transfer plan has been filed by the state-owned assets
management information system. On March 11, 2023, the Company disclosed the "Announcement on the
Controlling Shareholder's Intention to Transfer the Company's Shares by Agreement through Public Solicitation
and Transfer"(Announcement No.:2023-06), and the Company's controlling shareholder-Turbine Holdings
intends to transfer 49,008,999 shares of the Company-accounting for 5% of the total share capital of the
Company held by it by agreement through public solicitation and transfer, and the transfer price is not less than
8.95 yuan per share. After the comprehensive review by Turbine Holdings, Hangzhou Qitong was finally
determined to be the intended transferee of this public solicitation transfer, and Turbine Holdings and Hangzhou
Qitong signed the Share Transfer Agreement with conditional effect on April 3, 2023. For details, please refer
to the "Announcement on the Progress of the Transfer of the Company's Shares by Controlling Shareholder by
Agreement through Public Solicitation and Transfer Namely the Signing of the Share Transfer Agreement"
disclosed by the Company on April 4, 2023. As at the disclosure date of this report, the approval and share
delivery of the afore-said Share Transfer Agreement have not yet been completed(Announcement No.:2023-
32),On June 5,2023,. The equity delivery of the above-mentioned "Share transfer Agreement" has been
completed.
For details, please refer to the "Announcement on the Completion of Transfer Registration of Part of the Compa
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Hangzhou Turbine Power Group Co., Ltd. Summary of the Semi-annual Report 2023
ny's Shares Transferred by the Controlling Shareholder Agreement" disclosed by the company on June 6, 2023(
Announcement No.: 2023-45).
Hangzhou Turbine Power Group Co., Ltd.
Chairman of the Board: Zheng Bin
August 31, 2023
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