公告日期：2024-04-30

Stock Code: 200771 Stock ID: Hangqilun B Announcement No.: 2024-22

Hangzhou Turbine Power Group Co., Ltd.

2023 Financial Report

（Stock Code: 200771）

April 2024

I.Auditors' Report

Type of auditing opinion Standard report without qualified opinion

Date of signature of audit report April 28,2024

Pan-China Certified Public Accountants (Special common

Name of the CPA partnership)

Reference number of audit Report Tianjianshen(2024)No.: 4802

Name of the certified PublicAccountants Sheng Weiming, Lin Qunhui

Auditors’Report

To the entire shareholders of Hangzhou Turbine Power Group Co., Ltd.

I. Opinion

We have audited the financial statements of Hangzhou Steam Turbine Co., Ltd..(hereinafter referred to as "the
Company"), which comprise the balance sheet as at December 31, 2023, and the income statement, the statement
of cash flows and the statement of changes in owners' equity for the year then ended and notes to the financial
statements.

In our opinion, the attached financial statements are prepared, in all material respects, in accordance with
Accounting Standards for Business Enterprises and present fairly the financial position of the Company as at
December 31, 2023 and its operating results and cash flows for the year then ended.

II. Basis for Our Opinion

We conducted our audit in accordance with the Auditing Standards for Certified Public Accountants in China. Our
responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the
Financial Statements section of our report. According to the Code of Ethics for Chinese CPA, we are independent
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