Hangzhou Steam Turbine Power's Controlling Shareholder Seeks to Sell 5% Stake

Hangzhou Steam Turbine Power Group Co Ltd, formerly Hangzhou Steam Turbine Co., Ltd., is a China-based company mainly engaged in the manufacture of industrial turbo machinery equipment. The Company's main businesses include the design and manufacture of industrial steam turbines, gas turbines and other rotating industrial turbomachinery. The Company also provides customers with related services such as engineering solutions, general engineering contracts, product operation and maintenance, and remote monitoring. The Company distributes its products in the Chinese domestic market.