Stock Code: 200771       Stock ID: Hangqilun B      Announcement No.: 2025-02


                         Hangzhou Turbine Power Group Co., Ltd.
               Resolutions of the 11th Meeting of the Ninth Term of Board




The members of the Board and the Company acknowledge being responsible for the truthfulness,
accuracy, and completeness of the announcement. There are no false records, misleading statements,
or significant omissions carried in this announcement.



  The notice for calling of the 11th Meeting of the Ninth term of Board of Hangzhou Turbine

Power Group Co., Ltd. was served on January 10,2025, and the meeting was held on January 17,

2025 in the meeting room No.304 of Turbine power Building of the Company. All of the 9 directors

attended the meeting and examined and voted on the proposals on the meeting. The supervisors and

senior executives of the Company observed the meeting. The meeting procedures are legal and

complying with the Company Law and Articles of Association. The meeting was hosted by

Chairman Ye Zhong.

  The following proposals were examined at the meeting and passed by open ballot：

1. Proposal on the Adjustment of Organizational Structure

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

In order to adapt to the changes in the external market environment and accelerate the realization of

the Company's strategic goals during the "14th Five-Year Plan" period, the Company's service

business and sales business organization were adjusted, and the "Gas Turbine Test Center" was

established.
2. Proposal on Amendment of Internal control evaluation system

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-04).

3.Proposal on Amendment of Measures for the Administration of Asset Impairment Provision

and Asset Write-off

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

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For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-05).

4.Proposal on Amendment of Measures for the Administration of Information Disclosure

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-06).

5.Proposal on Repurchase Cancellation of Some Restricted Stocks

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-07).

This proposal is subject to examination of the First Provisional Shareholders’ Meeting 2025.

6.Proposal on the Achievement of Lifting of Restricted Sale Conditions of the Second Phase of

the Reserved Grant Part of the 2021 Restricted Stock Incentive Plan

The proposal was adopted by 8 votes in favor, 0 vote objection and 0 vote waived.

The director of the Company, Mr. Li Shijie is the incentive target, who is abstained from voting on

the proposal.

For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-09).

7.Proposal on Changing the Registered Capital, and Amending the Articles of Association

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-11).

     This proposal is subject to examination of the First Provisional Shareholders’ Meeting 2025.

8. Proposal of calling the First provisional Shareholders’ General Meeting of 2025

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.

For details of the proposal please refer to the announcement disclosed by the company on

http://www.cninfo.com.cn on January 18, 2025(Announcement No.:2025-12).

9. Proposal on donating to the Hangzhou Spring Breeze Action

The proposal was adopted by 9 votes in favor, 0 vote objection and 0 vote waived.



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In order to well fulfill its corporate social responsibility, it’s agreed to donate 500,000 yuan to the

Hangzhou "Spring Breeze Action" charity activity.



     Documents available for inspection

     1. Resolutions of the 11th Meeting of the 9th Board of Directors.



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



         January 18,2025




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