公告日期：2024-05-29

Stock Code: 200771 Stock ID: Hangqilun B Announcement No. :2024-45

Hangzhou Turbine Power Group Co., Ltd.

Announcement of EquityAllocation 2023

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.

The equity allocation plan of Hangzhou Turbine Power Group Co., Ltd. of 2023 has been
examined and adopted at the Shareholders’ Meeting 2023 held on May 22,2024. The followings
are the details about implementation of the plan:

1. The General Meeting of Shareholders reviewed and approved the equity distribution plan

1. The Company's equity distribution plan for 2023, which was reviewed and approved at the
General Meeting of Shareholders：Based on the Company's total share capital of 1,175,444,400 shares
at the end of 2023, after deducting 434,803 shares repurchased and cancelled (Cancellation completed
on January 2, 2024) due to the retirement and resignation of equity incentive objects, that is, based on
1,175,009,597 shares, a cash dividend of RMB 5 (including tax) will be distributed to all shareholders
for every 10 shares, instead of converting the reserve fund into share capital.

2. The company's profitdistribution this time will be distributed in a fixed proportion. Fromthe
disclosure of distribution plan to its implementation, the total share capital of the Company has not
changed.

3. The equity distribution plan implemented this time is consistent with the distribution plan
reviewed and approved by the General Meeting of Shareholders.

4. The implementation time of this equity distribution plan is less than two months from the
time when the General Meeting of Shareholders reviewed and approved it.

II. The equity allocation plan

The equity allocation plan for year 2023 is: Based on the Company's total share capital of
1,17……
[点击查看PDF原文]

提示：本网不保证其真实性和客观性，一切有关该股的有效信息，以交易所的公告为准，敬请投资者注意风险。