杭汽轮Ｂ：2025年半年度报告

The Semi-AnnualReport 2025 （Stock Code：200771） August 2025 I. Important Remarks, Table of Contents and Definitions The Board of Directors, the Supervisory Committee, the directors, the supervisors, and executives of theCompany guarantee that there are no significant omissions, fictitious or misleading statements carried in theReport and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness ofthe Report. Mr.Ye Zhong,The Company leader,Mr.Zhao Jiamao,Person in charge of accounting and Mr.Lv Lin,Person in charge of Accounting institute（accountant incharge)hereby confirm that the financial Report ofSemi-Annual Report 2025 is authentic, accurate and complete. All the directors attended the board meeting for the review of this Report. This Report contains prospective descriptions, which doesn’tconstitute substantial commitment to investors.Investors are requested to be aware of the risks attached to their investment decisions. The company's designated information disclosure media are: Shanghai Securities News (Chinese), SecuritiesTimes (Chinese), Hong Kong Commercial Daily (English), http://www.cninfo.com.cn (In English and Chinese),all information of the company is subject to the information published in the above selected media. Investors areadvised to pay attention to investment risks. TheCompany will not distribute cash dividend or bonus shares, neither capitalizing of common reserves for thereport period. Table of Contents I.Important Notice, Table of contents and DefinitionsII. Company Profile & Financial Highlights.III. Management Discussion & AnalysisIV. Corporate Governance, Environmental & Social ResponsibilityV.Important EventsVI. Change of share capital and shareholding of Principal ShareholdersVII.Corporate BondVIII. Financial ReportIX.Other Submitted Date Documents available for inspection I. Financial Statements signed and sealed by the Chairman of the Board , chief accountant and director ofthe financial division;II. All the originals of theCompany’s documents and public notices disclosed in the newspapersdesignated by China Securities Regulatory Commission in the report period;III. Original copy of Resolutions of the Meeting of Board. Definition II.Basic Information of the Company andFinancial index I. Basic Information II. Contact person and contact manner III. Other Information 1.Way to contact the Company Whether registrations address, offices address and codes as well as website and email of the Company changed inreporting period or not None of the official presses, website, and place of enquiry has been changed in the semi report period. For detailsplease find the Annual Report 2024. 2. Information inquiry Whether information disclosure and preparation place changed in reporting period or not□ Applicable √ Not applicable None of the official presses,website, and place of enquiry has been changed in the semi report period. For detailsplease find the Annual Report 2024. 3.Other relevant information Did any change occur to other relevant information during the reporting period? □ Applicable √ Not applicable IV. Summary of Accounting data and Financial index May the Company make retroactive adjustment or restatement of the accounting data of the previous years□ Yes √ No 1. Differences between the net profit and net asset in the financial reports prepared under IAS and Chinese Accounting Standard□Applicable√Not applicable Not existent 2. Differences between the net profit and net asset in the financial reports prepared under IAS and Chinese Accounting Standard□Applicable√Not applicableNot existent In RMB Details of other gains/losses items that meets the definition of non-recurring gains/losses: □ApplicableNot applicable There are no other gains/losses items that meet the definition of non-recurring gains/losses in the Company. Notes on the definition of the non-recurring profit or loss items listed in the "Interpretive Announcement No. 1 onInformation Disclosure of Companies Issuing Securities to the Public-Non-recurring Profit or Loss" as recurringprofit or loss items □ApplicableNot applicable The Company had no circumstances of definition of the non-recurring profit or loss items listed in the"Interpretive Announcement No. 1 on Information Disclosure of Companies Issuing Securities to the Public-Non-recurring Profit or Loss" as recurring profit or loss items. III. Management Discussion & Analysis Ⅰ.MainBusiness the Company is Engaged in During the Report Period During the reporting period, the company's main business and business model did not change significantly. As theleading provider of turbo machinery equipment and relevant service in China, our company is mainly famous fordesigning and producing rotating turbo machinery like industrial steam turbines and gas turbines. Our company,one of the major companies drafting the industrial standard in Chinese domestic industry of industrial steamturbine, h