Stock Code: 200771 Stock ID: Hangqilun B Announcement No.:2025-90
Hangzhou Turbine Power Group Co., Ltd.
Announcement on the approval by the Mergers and Acquisitions Review
Committee of the Shenzhen Stock Exchange for the share-exchange absorption
merger of Hangzhou Turbine Power Group Co., Ltd.By Hangzhou Hirisun
Technology Incorporated.
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 Hirisun Technology Incorporated (hereinafter referred to as "Hirisun") intends to
absorb and merge Hangzhou Turbine Power Group Co., Ltd. (hereinafter referred to as the
"Transaction") through the issuance of A-shares to all shareholders of Hangzhou Turbine Power
Group Co., Ltd. (hereinafter referred to as "HTC" or "the Company").
The Mergers and Acquisitions Review Committee of the Shenzhen Stock Exchange held its
According to the Announcement of the results of the 9th review meeting released by the Mergers
and Acquisitions Review Committee of the Shenzhen Stock Exchange, the result of this meeting is
that: this transaction meets the restructuring conditions and information disclosure requirements.
This transaction still requires approval from the China Securities Regulatory Commission for
registration, and there is still uncertainty as to whether and when approval from the China
Securities Regulatory Commission for registration can be obtained. The Company will fulfill its
information disclosure obligations in a timely manner according to the relevant laws and
regulations based on the progress of this matter, and investors are advised to pay attention to
investment risks.
This announcement is hereby made.
The Board of Directors of Hangzhou Turbine Power Group Co., Ltd.
September 12,2025
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