Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2016-90
Announcement of Resolutions of the First Provisional shareholders'
general meeting of Hangzhou Steam Turbine Co., Ltd. in 2016
The Company and all members of its board of directors hereby guarantee that the content of
information disclosure is real, accurate, complete and free from any false record, misleading representation or material omissions.
Special remarks:
1. Notice and reminder of theshareholders’ meeting were released on December 13,2016
with Securities Times, Shanghai Commercial Daily, Hong Kong Commercial Daily, and
http://www.cninfo.com.cn, titled Announcement 2016-82.
2. No proposal was rejected at the meeting.
3. No resolution of previousshareholders’ meeting was changed by this meeting.
I. Holding of the meeting
1. Time of the meeting:
(1) Time of the onsite meeting: December 28, 2016(Wednesday)13：30;
(2) Time/date of online voting: Online voting through the trading system of SSE was9:30～ 11:30,13:00～15:00 December 28, 2016.Votes can be made anytime between 15:00 December 27, 2016 and 15:00 December 28, 2016 through the online voting system provided by SSE.
2. Venue: Hangzhou Steam Turbine Co., Ltd. (No.357 Shiqiao Road, Hangzhou)
Meeting Room No. 2, the Conference Center
3. Way of meeting: Thisshareholders’ 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
Totally 365shareholders and attorneys presented the meeting, representing 520,601,916
shares, accounted of 69.04% of the total voting shares. Among them there was 1 state-owned
share holder holding 479,824,800 shares, accounted of63.64% of the total voting shares;
B-stock 364 holders, representing 40,777,116 shares, accounted of 5.41% of total voting
sdshares.
Totally 59 shareholders and attorneys presented at the onsite meeting, representing
501,215,750 shares, accounted of 66.47% of total voting shares.
306 shareholders presented the meeting by online voting system, representing 19,386,166
shares accounted of 2.57% of total voting share.
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.
I. The meeting examined and adopted the Remuneration and Assessment Criteria for the 7th Term of Directors and Executives
||||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
||||In favor|||||Objection||||Waive|||
||||Number o|f||Proportion||Number of||Proport||Number of||Proportio|
||||shares|||||shares||ion||shares||n|
|Domestic holder||479,824,800|||100%||0||0%||0||0%||
|B-share holder||20,541,965|||50.38%||19,847,107||48.67%||388,044||0.95%||
|Total||500,366,765|||96.11%||19,847,107||3.81%||388,044||0.07%||
||Including: votes by mid-small shareholders:||||||||||||||
||(shareholders with 5% or lower of the capital shares)||||||||||||||
|Mid-smallshareholders||20,541,965|||50.38%||19,847,107||48.67%||388,044||0.95%||

2. The meeting examined and adopted the Allowance Scheme for the
7th
Term of Independent Directors and Supervisors
||||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
||||In favor|||||Objection||||Waive|||
||||Number of share|s||Proportion||Number of||Proporti||Number of||Proportio|
|||||||||shares||on||shares||n|
|Domesticholder||479,824,800|||100%||0||0%||0||0%||
|B-shareholder||21,038,749|||51.59%||19,738,367||48.41%||0||0%||
|Total||500,863,549|||96.21%||19,738,367||3.79%||0||0%||
||Including: votes by mid-small shareholders:||||||||||||||
|Mid-smallshareholders||21,038,749|||51.59%||19,738,367||48.41%||0||0%||

3. The meeting examined and adopted the Proposal on the Guarantee Provided by the Company and Hangzhou Steam Turbine Heavy Industry Co., Ltd. for Hangzhou Steam Turbine Power Group Co., Ltd.
The proposals of company's largest shareholder Hangzhou Steam Turbine Power Group Co.,Ltd.
– the related party holding 479,824,800 shares, waived from the voting process. The results of voting by non-related shareholders are as the following:
||||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
||||In favor|||||Objection||||Waive|||
||||Number o|f||Proportion||Number of||Proportion||Number of||Proportio|
||||shares|||||shares||||shares||n|
|Domesticholder||/|||/||/||/||/||/||
|B-shareholder||20,675,824|||50.70%||19,490,600||47.80%||610,692||1.50%||
|Total||20,675,824|||50.70%||19,490,600||47.80%||610,692||1.50%||
||Including: votes by mid-small shareholders:||||||||||||||
|Mid-smallshareholders||20,675,824|||50.70%||19,490,600||47.80%||610,692||1.50%||

4. The meeting examined and adopted the proposal to amendment draft of the Articles ofAssociation（Revision2016）
The proposal is a special proposal , the effective voting rights of the total number of shares of more than 2/3.
||||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
||||In favor|||||Objection||||Waive|||
||||Number o|f||Proportion||Number of||Proportion||Number of||Proportio|
||||shares|||||shares||||shares||n|
|Domesticholder||479,824,800|||100%||0||0%||0||0%||
|B-shareholder||21,159,321|||51.89%||19,015,103||46.63%||602,692||1.48%||
|Total||500,984,121|||96.23%||19,015,103||3.65%||602,692||0.12%||
||Including: votes by mid-small shareholders:||||||||||||||
|Mid-smallshareholders||21,159,321|||51.89%||19,015,103||46.63%||602,692||1.48%||

IV. Legal Opinions from the Solicitors
1. Name of the law firm: Zhejiang Tianche Law Firm
2. Names of the lawyers: Liu Bin, Du Wen
3. Conclusive opinion:
In thelawyers’ opinion, the convening and holding procedures, the qualification of attendees, and voting procedures of the First provisionalShareholders’ Annual Meeting in 2016 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 provisionalShareholders’ Meeting in 2016 carrying the signatures of the directors and secretary of Board;
2. Legal opinion issued by Zhejiang Tianche Law Firm on theshareholders’ meeting.
The above is for the attention of the shareholders.
This announcement is hereby made.
The Board of Directors of
Hangzhou Steam Turbine Co., Ltd.
December 28, 2016