Stock Code: 200771        Stock ID: Hangqilun B        Announcement No.: 2024-79




                         Hangzhou Turbine Power Group Co., Ltd.
  Announcement on not convening a general shareholders' meeting to consider
                    matters related to the share exchange and merger


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 Hirisun Technology Incorporated . intends to absorb and merge Hangzhou

Turbine(hereinafter referred to as “the transaction”) by issuing A shares to all shareholders of Hangzhou

Turbine Power Group Co., Ltd. (hereinafter referred to as "Hangzhou Turbine" or the "Company").


     On November 9, 2024, the Company held the tenth meeting of the ninth session of the board of

directors, and deliberated and approved the "Proposal on the Share Exchange and Absorption and Merger

of Hangzhou Turbine Power Group Co., Ltd. Namely the Related Party Transaction Plan and its

Summary by Hangzhou Hirisun Technology Incorporated " and other proposals related to this transaction,

the specific content of which is detailed in the relevant announcement published by the Company on the

website of the Shenzhen Stock Exchange and the designated information disclosure media on November

11, 2024.


     In view of the fact that the audit and valuation work related to this transaction have not been

completed, the board of directors of the Company decided not to convene a general shareholders' meeting

to consider matters related to this transaction for the time being. After the completion of the work related

to this transaction, the board of directors of the Company will issue a notice of convening a general

shareholders' meeting, and convene a general shareholders' meeting in a timely manner to consider the

proposals related to this transaction and other proposals that need to be considered by the shareholders'

meeting.
   This announcement is hereby made.



The Board of Directors of Hangzhou Turbine Power Group Co., Ltd.
                      November 11, 2024