Stock Code: 200771 Stock ID: Hangqilun B Announcement No. : 2025-16
Hangzhou Turbine Power Group Co., Ltd.
Announcement of the Resolutions of the First Extraordinary Shareholders'
General Meeting in 2025
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.
Special remarks:
1. Notice of Holding the First Extraordinary shareholders’ general meeting in 2025 were released
on January 18,2025( Announcement No .:2025-12） 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: February 19, 2025(Wednesday) 14：30;
(2)Time of voting through network: February 19, 2025
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.Ye Zhong
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
Number of Percentage of the company's total
Classification people
shares(shares) voting shares
（people)
1)Total on-site and voting through
596 895,118,877 76.18%
network
Of which：Domestic shareholders 2 748,526,688 63.70%
B-shareholders 594 146,592,189 12.48%
2）On-site meeting voting 165 803,556,669 68.39%
3）Voting through network 431 91,562,208 7.79%
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 of the Proposal on Repurchase Cancellation of Some
Restricted Stocks
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 77,321,959 52.75% 30,099,531 20.53% 39,170,699 26.72%
Total 825,848,647 92.26% 30,099,531 3.36% 39,170,699 4.38%
Including: votes by mid-small shareholders
Mid-small
77,321,959 52.75% 30,099,531 20.53% 39,170,699 26.72%
shareholders
2. The meeting examined and adopted of the Proposal on Changing the Registered Capital,
and Amending the Articles of Association
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 75,718,105 51.65% 31,153,166 21.25% 39,720,918 27.10%
Total 824,244,793 92.08% 31,153,166 3.48% 39,720,918 4.44%
Including: votes by mid-small shareholders
Mid-small
75,718,105 51.65% 31,153,166 21.25% 39,720,918 27.10%
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 First Extraordinary Shareholders’ General Meeting in 2025 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 First Extraordinary Shareholders’ General Meeting in 2025 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.
February 20, 2025
