公告日期：2025-06-24

Stock Code: 200771 Stock ID: Hangqilun B Announcement No. :2025-72

Hangzhou Turbine Power Group Co., Ltd.

Announcement on the acceptance of application related to material asset

restructuring matters

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 in this announcement.

Hangzhou Turbine Power Group Co., Ltd. (hereinafter referred to as "HTC" or the
"Company") and Hangzhou Hirisun Technology Incorporated.(hereinafter referred to as "Hirisun")
are planning the absorption merge of HTC by way of issuing A shares to all the shareholders of
HTC (hereinafter referred to as the "Transaction") by Hirisun, with Hirisunas the absorbing
merger party and HTC as the merged party.

On June 20, 2025, the Company received the Notice on the Acceptance of Application
Documents for the Share Exchange and Absorption of Hangzhou Turbine Power Group Co., Ltd.
(No. 90[2025] Shenzhen Stock Exchange Review) issued by the Shenzhen Stock Exchange
(hereinafter referred to as the "Shenzhen Stock Exchange") transferred by Hirisun. The Shenzhen
Stock Exchange checked the application documents in accordance with the relevant regulations,
considered the application documents are complete, and decided to processing.

The transaction is subject to the review of the Shenzhen Stock Exchange and the approval of
the China Securities Regulatory Commission for registration, and there is still uncertainty as to
whether it can finally pass the review and obtain registration, as well as the time for the final
review and registration. According to the progress of the matter, the Company will fulfill its
information disclosure obligations in a timely manner in accordance with the provisions and

requirements of relevant laws and regulations, and investors are advised to pay attention to……
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