Stock Code: 000530; 200530 No: 2026-023

Short Form of the Stock: Bingshan; Bingshan B

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.Public Notice of Dividend Distribution for year of 2025

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 2025 under the name of Bingshan

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

deliberated and approved at the Annual Shareholders' General Meeting 2025 held on

May 21 2026. 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 2025 is disclosed as:

I. Dividend distribution plan

The equity distribution scheme for year of 2025 under the name of the Company is: 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 dist ributed 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: 0.8726) on the first business day after the resolution day of

General Meeting (that is May 22 2026) 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 9 2026 XD: July 10 2026;

2. Final trading date for B shares: July 9 2026 XD: July 10 2026; Record date: July

142026.

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 9 2026.

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 at noon July 14 2026

(final trading date as July9 2026).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 July 10 2026.

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

trusteeship security company or trustee bank dated July 14 2026. If shareholders of B

shares transfer the custody of “Bingshan B” dated July 14 2026 the dividend will be

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

3. The dividend for following shareholders of A shares will will be distributed 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

12026; the equity registration date: July 92026) 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. Consulting

Consulting agency: Security and Legal Affairs Department of the Company

Contact person: Mrs. Du Yu

Phone: 0086-411-87968822

Fax：0086-411-87968125

VI. Documents available for reference

1. Resolution of Annual Shareholders' General Meeting 2025

2. Other related documents.Hereby notify the above.

Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd.July 3 2026