Stock Code: 000530; 200530 No: 2025-023

Short Form of the Stock: Bingshan; Bingshan B

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.Public Notice of Dividend Distribution for year of 2024

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.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.The dividend distribution plan for year of 2024 under the name of Bingshan

Refrigeration & Heat Transfer Technologies Co. Ltd. (the “Company”) has been

deliberated and approved at the Annual Shareholder’s General Meeting 2024 held on

May 22 2025. If the total capital stock of the Company changes before the

implementation of equity allocation it will be implemented in accordance with the

principle that the total allocation remains unchanged. The total share capital of the

Company has not changed during the period from the disclosure to the

implementation of the dividend distribution plan. The dividend distribution plan

implemented is consistent with the plan examined and passed by Shareholders'

General meeting. It is not more than two months from implementation day of the

distribution plan to the day that Shareholders' General meeting examined and passed.Distribution for the dividend for year of 2024 is disclosed as:

I. Dividend distribution plan

The equity distribution scheme for year of 2024 under the name of the Company are: A

cash dividend RMB 0.5 for every 10 shares will be paid to all the shareholders based

on the current total number of 843212507 shares (including tax; after tax is deducted

RMB0.45 for every 10 shares held by A-share QFII RQFII and individuals and

securities investment funds holding restricted shares issued for stock reform and new-

restricted shares; for individuals holding other restricted shares and non-restricted

outstanding shares different tax rates will be applied on the dividend. A dividend of

RMB 0.5 for every 10 shares will be distributed first. The taxa will be deducted

according to the actual shareholding period and number of shares sold by investor after

the equity registration day; for securities investment funds holding other restricted

shares and non-restricted outstanding shares for the Hong Kong investors holding fund

shares according to 10% tax different tax rates will be applied on the cash dividend

distributed to the mainland investors holding fund shares for non-resident enterprise

other than QFII and RQFII the Company will not withhold the income tax. Tax payers

shall pay tax whether it is accrued; the after-tax cash dividend for B-share non-resident

enterprises is RMB 0.45 for every 10 shares. Different tax rates will be applied on the

cash dividend distributed to domestic (overseas) individual shareholders. A dividend of

RMB 0.5 for every 10 shares will be distributed first. The tax will be deducted according

to the actual shareholding period and number of shares sold by the investor after the

equity registration day. ).【a Note: The shareholding period is calculated based on investors’ securities accounts

and the first-in-first-out principle. The tax for every 10 shares is RMB 0.1 for shares

held for one month (one month included) or less; RMB 0.05 for shares held for more

than one month but no more than one year (one year included). No tax will deducted

for shares held for more than one year.】

The cash dividend for B-share shareholders will be distributed in HKD based on themiddle exchange rate between RMB and HKD released by the People’s Bank of China

(HKD: RMB =1: 0.9186) on the first business day after the resolution day of General

Meeting (that is May 23 2025) according to the discount rate for dividend regulated in

Article of Association. The pay back taxes withhold for B-share shareholders in the

future refer to the aforesaid discount rate.II. Record Date & Ex-Dividend date

1. Record date for A shares: July 10 2025 XD: July 11 2025;

2. Final trading date for B shares: July 10 2025 XD: July 11 2025; Record date: July

152025.

III. Distribution targets

1. All shareholders of A shares as listed on the Company’s register of holders of A shares

on Shenzhen Branch of China Securities Depository and Clearing Corporation Limited

after trading close of Shenzhen Stock Exchange ended as noon July 10 2025.

2. All shareholders of B shares as listed on the Company’s register of holders of A shares

on Shenzhen Branch of China Securities Depository and Clearing Corporation Limited

after trading close of Shenzhen Stock Exchange ended as noon July 15 2025 (final

trading date as July10 2025).IV. Distribution way

1. Shenzhen Branch of China Securities Depository and Clearing Corporation Limited

was entrusted by the Company for dividend distribution for A shareholders. And the

dividend will wire to capital account directly through shareholders’ trusteeship security

company (or other custodian) dated July11 2025.

2. Dividend for B shares will wire to the capital account directly through shareholders’

trusteeship security company or trustee bank dated July 15 2025. If shareholders of B

shares transfer the custody of “Bingshan B” dated July 15 2025 the dividend will

receive in the original shareholders’ trusteeship security company or trustee bank.

3. The dividend for followed shareholders of A shares will distribute by the Company:

Serial Shareholders’ account Name of shareholders

1 08*****772 Dalian Bingshan Group Co. Ltd.

During the application of dividend distribution business ( the application date: July

22025; the equity registration date: July 102025) If because the shares in security

account of Dalian Bingshan Group Co. Ltd. decrease lead to entrust Shenzhen

Branch of China Securities Depository and Clearing Corporation Limited for dividend

distribution insufficient all legal responsibility and consequences shall be borne by

the Company.V. Other explanation

If the relevant shareholders of A shares and B shares holds the taxation certificate which

was recognized as resident enterprise issued by Chinese taxation authorities or

identification documents that enjoys treatment under Double Taxation Agreement

(DTA) or other duty-free referential policy approved by Chinese taxation authorities

please contact the Company before July 31 2025 (including July 31 2025) with

relevant documents required for discrimination. The Company will re-calculate

distributable dividend based on taxation documents and relevant documents that

provided and will help the taxation authority on the claim for tax refund for taxed

amount and payable amount as well as distribution correspondingly.IX. Consulting

Consulting agency: Security and Legal Affairs Department of the Company

Contact person: Mrs. Du Yu

Phone: 0086-411-87968822

Fax：0086-411-87968125

X. Documents available for reference

1. Resolution of Annual Shareholder’s General Meeting 2024

2. Other related documents.

Hereby notify the above.Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.July 4 2025