Stock Code: 000530; 200530 Notice No: 2025-031

Short Form of the Stock: Bingshan; Bingshan B

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.Resolution of 5th Meeting of 10th Session of the Board

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd. (the “Company”) and

its whole members of Board of Directors ensure that the public notice is real accurate

and complete and there are no any important omissions fictitious statements or serious

misleading carried in this notice.I. Calling of the Board Meeting

1. The notice on holding of the Board Meeting was served by written form on August

12025.

2. The Board Meeting held by communication vote dated August 13 2025.

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 the subsidiary's purchase of Equity in Dalian Bingshan Part Technology

Co. Ltd.Agree that the Company's subsidiary Bingshan Sonyo Compressor (Dalian) Co. Ltd

("Sonyo Compressor ") acquire 100% of the equity of Dalian Bingshan Part

Technology Co. LTD. (" Bingshan Part ") held by Dalian Bingshan Group Co. Ltd. ("

Bingshan Group ") with price of RMB 1.42 million yuan. After the completion of this

equity transfer Sonyo Compressor will hold 100% of the equity of Bingshan Part.The above mentioned transaction constitutes a related transaction. Independent

directors of the Company deliver a prior approval for the proposal on August 1 2025.and agree to submit for deliberation on the Board. Related directors Mr. Ji Zhijian Mr.Xuwei Mr. SongWenbao Mr. Kinoshita Ayumu and Mr. Nishimoto Shigeyuki obviated

in examination.

4 votes for; 0 vote against; 0 vote as abstention.

2. Report on the Purchase of Factory buildings and Equipment of Bingshan Sonyo

Cold Chain (Dalian) Co. Ltd.Agree that the Company purchase part of the factory buildings structures machinery

and equipment and electronic equipment of Bingshan Sonyo Cold Chain (Dalian) Co.Ltd. The purchased factory building covers an area of approximately 19660.60 square

meters. The purchased structures machinery and equipment as well as electronic

devices will be used for production support. The purchase price is 48.0095 million

yuan.The above mentioned transaction constitutes a related transaction. Independent

directors of the Company deliver a prior approval for the proposal on August 1 2025.and agree to submit for deliberation on the Board. Related directors Mr. Ji Zhijian Mr.Xuwei Mr. SongWenbao Mr. Kinoshita Ayumu and Mr. Nishimoto Shigeyuki obviated

in examination.4 votes for; 0 vote against; 0 vote as abstention.III. Documents available for reference

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

Board of Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.August 15 2025