StockCode:200771 StockID:HangqilunB AnnouncementNo.2019-08 HangzhouSteamTurbineCo.,Ltd. AnnouncementofResolutionsoftheFirstProvisionalshareholders'general meetingof2019 ThemembersoftheBoardandtheCompanyacknowledgebeingresponsibleforthetruthfulness,accuracy,andcompletenessoftheannouncement.Notanyfalserecord,misleadingstatementorsignificantomissioncarriedinthisannouncement. Specialremarks: 1.Noticeandreminderofthefirstprovisionalshareholders’generalmeetingof2019were releasedonJanuary9,2019withSecuritiesTimes,ShanghaiCommercialDaily,HongKong CommercialDaily,andhttp://www.cninfo.com.cn（AnnouncementNo.:2019-06）. 2.Noproposalwasrejectedatthemeeting. 3.Noresolutionofpreviousshareholders’meetingwaschangedbythismeeting. I.Holdingofthemeeting 1.Timeofthemeeting: (1)Timeoftheonsitemeeting:January29,2019(Tuesday)14：00; (2)Timeofvotingthroughnetwork:OnlinevotingthroughthetradingsystemofSSEwas9:30～11:30,13:00～15:00January29,2019.Votescanbemadeanytimebetween15:00January28, 2019and15:00January29,2019throughtheonlinevotingsystemprovidedbySSE. 2.Venue:HangzhouSteamTurbineCo.,Ltd.(No.357ShiqiaoRoad,Hangzhou) MeetingRoomNo.2,theConferenceCenter 3.Wayofmeeting:Thisshareholders’meetingwasheldbothonsiteandonline. 4.Convener:TheBoardofDirectorsoftheCompany 5.Hostofthemeeting:ChairmanoftheCompany,Mr.ZhengBin 6.ThecallingandholdingprocedureswerecomplyingwiththeCompanyLaw,RulesofListingofSSE,andtheArticlesofAssociation. II.Delegatesatthemeeting 1.Presentingofthemeetingbyshareholders Totally372shareholdersandattorneyspresentedthemeeting,representing546,020,978 shares,accountedof72.42%ofthetotalvotingshares. Amongthemtherewas1state-ownedshareholderholding479,824,800shares,accounted of63.64%ofthetotalvotingshares;371B-stockholders,representing66,196,178shares, accountedof8.78%oftotalvotingshares. Totally75shareholdersandattorneyspresentedattheonsitemeeting,representing 503,772,734shares,accountedof66.81%oftotalvotingshares. 297shareholderspresentedthemeetingbyonlinevotingsystem,representing42,248,244 sharesaccountedof5.60%oftotalvotingshare. 2.Presentingofotherdelegates Thedirectors,supervisorsandexecutivesoftheCompany,aswellasthelawconsultant�C ZhejiangTianceLawFirmpresentedthemeeting. III.Proposalsandvotingresults Thefollowingproposalswerevotedandadoptedatthemeetingbymeansofonlineand onsitevoting. (1)ThemeetingexaminedandadoptedtheProposalonRevisingtheCompany’sArticle ofAssociation; Theproposalisaspecialproposal,theeffectivevotingrightsofthetotalnumberofsharesof morethan2/3. Infavor Objection Waive Numberofshares Proportion Numberofshares Proportion Numberof Proportion shares Domesticholder 479,824,800 100.00% 0 0.00% 0 0.00% B-shareholder 40,440,497 61.09% 25,624,442 38.71% 131,239 0.20% Total 520,265,297 95.28% 25,624,442 4.69% 131,239 0.02% Including:votesbymid-smallshareholders: Mid-small 40,440,497 61.09% 25,624,442 38.71% 131,239 0.20% shareholders (2)TheProposalofSupplementingofnon-independentdirectorofthe7thBoardof DirectorsoftheCompany. Infavor Objection Waive Numberofshares Proportion Numberofshares Proportion Numberof Proportion shares Domesticholder 479,824,800 100.00% 0 0.00% 0 0.00% B-shareholder 40,137,597 60.63% 25,857,042 39.06% 201,539 0.30% Total 519,962,397 95.23% 25,857,042 4.74% 201,539 0.04% Including:votesbymid-smallshareholders: Mid-small 40,137,597 60.63% 25,857,042 39.06% 201,539 0.30% shareholders (3)ThemeetingexaminedandadoptedtheProposalonConfirmingOccurrenceofDaily RelatedTransactionsof2018andtheEstimatedAmountofRelatedTransactionsofthe Companyof2019 Theproposalsofcompany'slargestshareholderHangzhouSteamTurbinePowerGroupLtd.�Cthe relatedpartyholding479,824,800shares,waivedfromthevotingprocess.Theresultsofvoting bynon-relatedshareholdersareasthefollowing: Infavor Objection Waive Numberofshares Proportion Numberofshares Proportion Numberof Proportion shares Domesticholder / / / / / / B-shareholder 37,414,465 56.52% 28,595,062 43.20% 186,651 0.28% Total 37,414,465 56.52% 28,595,062 43.20% 186,651 0.28% Including:votesbymid-smallshareholders: Mid-small 37,414,465 56.52% 28,595,062 43.20% 186,651 0.28% shareholders IV.LegalOpinionsfromtheSolicitors 1.Nameofthelawfirm:ZhejiangTiancheLawFirm 2.Namesofthelawyers:YaoZhensong,DuWen 3.Conclusiveopinion: Inthelawyers’opinion,theconveningandholdingprocedures,thequalificationofattendees, andvotingproceduresoftheFirstprovisionalShareholders’generalMeetingof2019was complyingwiththelaws,regulationsandtheArticlesofAssociationoftheCompany.Therefore theresolutionsarelegalandvalid. V.DocumentsforReference 1.ResolutionsofthefirstprovisionalShareholders’generalMeetingof2019carryingthe signaturesofthedirectorsandsecretaryofBoard; 2.LegalopinionissuedbyZhejiangTiancheLawFirmontheshareholders’meeting. Thisannouncementisherebymade. TheBoardofDirectorsofHangzhouSteamTurbineCo.,Ltd. January30,2019