公告日期：2025-08-14

Bingshan Refrigeration & Heat Transfer

Technologies Co., Ltd.

2025 Semiannual Report

August, 2025

Section 1 Important Notice, Table of Contents, and Definitions

The directors and the Board of Directors, the supervisors and the Supervisory
Board, and Senior staff members of Bingshan Refrigeration & Heat Transfer
Technologies Co., Ltd.(hereinafter referred to as the Company) hereby
confirm that there are not any important omissions, fictitious statements or
serious misleading carried in this report, and shall take all responsibilities,
individualand/orjoint,forthereality,accuracyandcompletenessofthewholecontents.

All directors have attended this Board meeting of the Company.

There is no significant risk having adverse influence on attainment of the
Company's future development strategy and business targets. The paragraph
" Management discussion and analysis" in Section 3 of this Semiannual
Report describes major risks , including the risk of increasing market
competitionriskandtheaccountsreceivableisonthehighside.Seetherelated
sections for the countermeasures to be taken by the Company.

The Company plans to distribute no cash dividends, no bonus shares and
convert no reserve fund into capital stock.

Chairman of the Board of Directors of the Company Mr. Ji Zhijian, Financial
Majordomo Mrs. Wang Jinxiu, and the head of Accounting Department Mrs.
Wu Bin hereby confirm that the financial report of the semi-annual report is
true and complete.

This report is written respectively in Chinese and in English. In the event of
any discrepancy between the two above-mentioned versions, the Chinese
version shall prevail.

CONTENTS

Section 1 Important Notice, Table of Contents, and Definitions......2

Section 2 About the Company and Main Financia Indicators ......6

Section 3 Management Discussion and Analysis......8

Section 4 Corporate Governance......16
Section 5 Important items......17

Section 6 Change in Share Capital and……
[点击查看PDF原文]

提示：本网不保证其真实性和客观性，一切有关该股的有效信息，以交易所的公告为准，敬请投资者注意风险。