Hangzhou Turbine Power Successfully Merged via Share Swap with Hailianxun—Marking the First B-to-A Share Conversion in Three Years

Hangzhou Turbine Power Group (200771.SZ) successfully completed a strategic merger through a share swap with Hailianxun’s A shares—marking a significant step in addressing the company’s development challenges and enhancing shareholder value. The transaction received strong backing, with 87.5% of votes in favour at the EGM.

Sodali & Co provided shareholder identification and proxy solicitation services to support the success of this landmark deal.