Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2018-54
Hangzhou Steam Turbine Co., Ltd.
Announcement of Resolutions of the First Provisional shareholders' general
meeting of 2018
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.
Special remarks:
1. Notice and reminder of the first provisionalshareholders’ general meeting of 2018 were
released on June 26 ,2018(Announcement No.:2018-48) and the Reminder for the first provisionalShareholders’ General Meeting of 2018 on July 19 ,2018 with Securities Times, Shanghai
Commercial Daily, Hong Kong Commercial Daily, and http://www.cninfo.com.cn, titled
Announcement No.:2018-52.
2. The general meeting of shareholders rejected the proposal. the Provisional shareholders' general meeting failed to consider and approve the “Proposal on Reviewing the Estimated Amount of Daily Related Transactions of the Company in 2018”.
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: July 20, 2018(Friday)14：00;
(2)Time of voting through network: Online voting through the trading system of SSE was9:30～
11:30,13:00～15:00 July 20, 2018.Votes can be made anytime between 15:00 July 19, 2018 and
15:00 July 20, 2018 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 442 shareholders and attorneys presented the meeting, representing 545,425,301
shares, accounted of 72.34% 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; 441 B-stock holders, representing 65,600,501 shares,
accounted of 8.70% of total voting shares.
Totally 106 shareholders and attorneys presented at the onsite meeting, representing
501,416,228 shares, accounted of66.50% of total voting shares.336 shareholders presented the
meeting by online voting system, representing 44,009,073 shares accounted of 5.84% 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 failed to consider and approve the “Proposal on Reviewing the Estimated Amount of Daily Related Transactions of the Company in 2018”.
The proposals of company's largest shareholder Hangzhou Steam Turbine Power Group 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 of share|s||Proportion||Number of shares||Proportion||Number of||Proportion|
|||||||||||||shares|||
|Domestic holder||/|||/||/||/||/||/||
|B-share holder||30,560,674|||46.59%||34,991,173||53.34%||48,654||0.07%||
|Total||30,560,674|||46.59%||34,991,173||53.34%||48,654||0.07%||
||Including: votes by mid-small shareholders:||||||||||||||
|Mid-smallshareholders||30,560,674|||46.59%||34,991,173||53.34%||48,654||0.07%||

IV. Information about the voting on the proposals
In the case of the company's related shareholders abstaining from voting, the non-related party shareholders who attended the meeting voted, the Provisional shareholders' general meeting failed to consider and approve the “Proposal on Reviewing the Estimated Amount of Daily Related Transactions of the Company in 2018”.
V. Legal Opinions from the Solicitors
1. Name of the law firm: Zhejiang Tianche Law Firm
2. Names of the lawyers: Yao Zhensong, Du Wen
3. Conclusive opinion:
In thelawyers’ opinion, the convening and holding procedures, the qualification of attendees, and voting procedures of the First provisionalShareholders’ general Meeting of 2018 was
complying with the laws, regulations and the Articles of Association of the Company. Therefore
the resolutions are legal and valid.
VI. Documents for Reference
1. Resolutions of the first provisionalShareholders’ general Meeting of 2018 carrying the
signatures of the directors and secretary of Board;
2. Legal opinion issued by Zhejiang Tianche Law Firm on theshareholders’ meeting.
This announcement is hereby made.
The Board of Directors of Hangzhou Steam Turbine Co., Ltd.
July 20, 2018