Stock Code: 000530 200530 Short Form of the Stock: Bingshan; Bingshan B No: 2026-001

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.Public Notice on Resolutions of the 7thMeeting of

the 10th Board of Directors

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd. and all members of its Board of Directors

hereby confirm that there are no any important omissions fictitious statements or serious misleading carried

in this notice and shall be jointly and severally liable for the reality accuracy and completeness of the whole

contents.I. Calling of the Board Meeting

1. The Notice on holding of the Board Meeting was served by written form on February 5 2026.

2. The Board Meeting held by communication vote dated February 12 2026.

3. Nine Directors should present for voting and all of them are present actually.

4. The Meeting was regarded as abiding the relevant laws administrative regulation department rules

normative documents as well as the Article of Association.II. Deliberation of the Board Meeting

1.Report on Exceeding the Estimated Amount of Daily Related Party Transactions with Certain Affiliates in

2025.

According to the preliminary statistics of the Company's finance and management department as of

December 2025 the amount of daily related-party transactions that the Company had with some related

parties in 2025 exceeded the estimated amount and reached the disclosure standard requiring review by the

board of directors. The amount by which the Company's daily related-party transactions with some related

parties exceeded the estimated amount was approximately64.57 million yuan which involved the sale of

products by the Company's subsidiaries to related parties.The Company's independent directors held a special meeting on February 5 2026 to review this proposal and

agreed to submit it to the board of directors. Related directors Mr. Ji Zhijian and Mr.Xu Wei abstained from

voting when reviewing this proposal.

7 votes in favor; 0 vote objection; 0 vote waived

2.Report on daily connected transactions between the Company and some of its affiliates in January-March

2026.

According to the preliminary statistics of the Company's financial management department it is estimated that

from January to March 2026 the amount of daily transactions between the company and some related parties

will reach the disclosure standard and will need to be reviewed by the board of directors. The amount of daily

transactions between the Company and some related parties is approximately135 million yuan. Among them

the amount of purchasing complete project supporting products from related parties is approximately 27million yuan and the amount of selling supporting components to related parties is approximately 108 million

yuan.The Company's independent directors held a special meeting on February 5 2026 to review this proposal and

agreed to submit it to the board of directors. Related directors Mr. Ji Zhijian and Mr.Xu Wei Mr. Kinoshita

Ayumu and Mr. Nishimoto Shigeyuki abstained from voting when reviewing this proposal.

5 votes in favor; 0 vote objection; 0 vote waived

III. Documents available for reference

1. Proposal of the Meeting with signature of attended directors and seal of the Board.

2. Minutes of special meetings of independent directors.

Board of Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.February13 2026