Stock Code: 200771 Stock ID: Hangqilun B Announcement No. :2023-95
Hangzhou Turbine Power Group Co., Ltd.
Resolutions of the Second Provisional Shareholders' General Meeting of 2023
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.
Special remarks:
1. Notice of Holding the Second Provisional shareholders’ general meeting of 2023 were released
on November 1,2023 ( Announcement No .:2023-92）, The above announcement has been
published by Securities Times, Shanghai Securities Daily, Hong Kong Commercial Daily as well
as http://www.cninfo.com.cn.
2. No proposal was rejected at the meeting.
3. No resolution of previous shareholders’ meeting was changed by this meeting.
I. Holding of the meeting
1. Time of the meeting:
(1) Time of the onsite meeting: November 20, 2023(Monday) 14：30;
(2)Time of voting through network: November 20, 2023
Of which, Online voting through the trading system of SSE was 9:15～9:25, 9:30～11:30 and
13:00～15:00；Votes can be made anytime between 9:15 to 15:00 through the online voting
system provided by SSE.
2. Venue: Hangzhou Turbine Power Group Co., Ltd. (No.1188 Dongxin Road, Hangzhou)
Meeting Room No. 304, Turbine Power Building
3. Way of meeting: This shareholders’ meeting was held both onsite and online.
4. Convener: The Board of Directors of the Company
5. Host of the meeting: Chairman of the Company, Mr. Zheng Bin
6. The calling and holding procedures were complying with the Company Law, Rules of Listing
of SSE, and the Articles of Association.
II. Delegates at the meeting
1. Presenting of the meeting by shareholders
Number of people Number of Percentage of the company's total
Classification
（people) shares(shares) voting shares
1)Total on-site and voting through
69 795,506,605 67.68%
network
Of which：Domestic shareholders 2 748,526,688 63.68%
B-shareholders 67 46,979,917 4.00%
2）On-site meeting voting 62 793,454,487 67.50%
3）Voting through network 7 2,052,118 0.17%
2. Presenting of other delegates
The directors, supervisors and executives of the Company, as well as the law consultant –
Zhejiang Tiance Law Firm presented the meeting.
III. Proposals and voting results
The following proposals were voted and adopted at the meeting by means of online and
onsite voting:
1.The meeting examined and adopted the Proposal on Repurchase Cancellation of Some
Restricted Stocks
This propisal is a special proposal and was passed by more than 2/3 of the total number of shares
with valid voting rights.
In favor Objection Waive
Number of shares Proportion Number of shares Proportion Number of Proportion
shares
Domestic
shareholders 748,526,688 100.00% 0 0.00% 0 0.00%
B-shareholders 45,756,997 97.40% 1,222,920 2.60% 0 0.00%
Total 794,283,685 99.85% 1,222,920 0.15% 0 0.00%
Including: votes by mid-small shareholders
Mid-small
45,756,997 97.40% 1,222,920 2.60% 0 0.00%
shareholders
2.The meeting examined and adopted the Proposal on Changing the Registered Capital, and
Amending the Articles of Association
This propisal is a special proposal and was passed by more than 2/3 of the total number of shares
with valid voting rights.
In favor Objection Waive
Number of shares Proportion Number of shares Proportion Number of Proportion
shares
Domestic
shareholders 748,526,688 100.00% 0 0.00% 0 0.00%
B-shareholders 45,756,997 97.40% 1,222,920 2.60% 0 0.00%
Total 794,283,685 99.85% 1,222,920 0.15% 0 0.00%
Including: votes by mid-small shareholders
Mid-small
45,756,997 97.40% 1,222,920 2.60% 0 0.00%
shareholders
3.The meeting examined and adopted the Proposal on providing guarantee for the new
energy company
In favor Objection Waive
Number of shares Proportion Number of shares Proportion Number of Proportion
shares
Domestic
shareholders 748,526,688 100.00% 0 0.00% 0 0.00%
B-shareholders 45,756,997 97.40% 1,222,920 2.60% 0 0.00%
Total 794,283,685 99.85% 1,222,920 0.15% 0 0.00%
Including: votes by mid-small shareholders
Mid-small
45,756,997 97.40% 1,222,920 2.60% 0 0.00%
shareholders
4.The meeting examined and adopted the Proposal to transfer 30% of the shares of the
automobile sales company by agreement namely the related party transaction
The proposals of company's controlling shareholder Hangzhou Turbine Holdings Co., Ltd. – the
related party holding 689,715,889 shares, waived from the voting process. The results of voting
by non-related shareholders are as the following:
In favor Objection Waive
Number of shares Proportion Number of shares Proportion Number of Proportion
shares
Domestic
shareholders 58,810,799 100.00% 0 0.00% 0 0.00%
B-shareholders 45,756,997 97.40% 1,222,920 2.60% 0 0.00%
Total 104,567,796 98.84% 1,222,920 1.16% 0 0.00%
Including: votes by mid-small shareholders
Mid-small
45,756,997 97.40% 1,222,920 2.60% 0 0.00%
shareholders
5.The meeting examined and adopted the Proposal to acquire 48% equity of the machinery
company namely the related party transaction
The proposals of company's controlling shareholder Hangzhou Turbine Holdings Co., Ltd. – the
related party holding 689,715,889 shares, waived from the voting process. The results of voting
by non-related shareholders are as the following:
In favor Objection Waive
Number of shares Proportion Number of shares Proportion Number of Proportion
shares
Domestic
shareholders 58,810,799 100.00% 0 0.00% 0 0.00%
B-shareholders 45,756,997 97.40% 1,222,920 2.60% 0 0.00%
Total 104,567,796 98.84% 1,222,920 1.16% 0 0.00%
Including: votes by mid-small shareholders
Mid-small
45,756,997 97.40% 1,222,920 2.60% 0 0.00%
shareholders
6.The meeting examined and adopted the Proposal to enter into an exclusive licensing
agreement for intangible assets with the controlling shareholder namely the related party
transaction
The proposals of company's controlling shareholder Hangzhou Turbine Holdings Co., Ltd. – the
related party holding 689,715,889 shares, waived from the voting process. The results of voting
by non-related shareholders are as the following:
In favor Objection Waive
Number of shares Proportion Number of shares Proportion Number of Proportion
shares
Domestic
shareholders 58,810,799 100.00% 0 0.00% 0 0.00%
B-shareholders 45,756,997 97.40% 1,222,920 2.60% 0 0.00%
Total 104,567,796 98.84% 1,222,920 1.16% 0 0.00%
Including: votes by mid-small shareholders
Mid-small
45,756,997 97.40% 1,222,920 2.60% 0 0.00%
shareholders
IV. Legal Opinions from the Solicitors
1. Name of the law firm: Zhejiang Tianche Law Firm
2. Names of the lawyers: Yao Zhensong,He Jiabei
3. Conclusive opinion:
In the lawyers’ opinion, the convening and holding procedures, the qualification of attendees,
and voting procedures of the Second Provisional Shareholders’ General Meeting of 2023 was
complying with the laws, regulations and the Articles of Association of the Company. Therefore
the resolutions are legal and valid.
V. Documents for Reference
1. Resolutions of the Second Provisional Shareholders’ General Meeting of 2023 carrying the
signatures of the directors and secretary of Board;
2. Legal opinion issued by Zhejiang Tianche Law Firm on the shareholders’ meeting.
This announcement is hereby made.
The Board of Directors of Hangzhou Turbine Power Group Co., Ltd.
November 21, 2023
