Stock Code: 000530; 200530                                                        No: 2016-042
Short Form of the Stock: Daleng Gufen; Daleng B

                           Dalian Refrigeration Co., Ltd.
       Public Notice on Progress of the controlling shareholder

                Increased holdings of shares of the company


Dalian Refrigeration 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.
Dalian Refrigeration Co., Ltd. (“the Company”) received the notice from the controlling
shareholder Dalian Bingshan Group Co., Ltd. (“Bingshan Group”) on February 22, 2016.
Bingshan Group planned to continue increasing holdings of the A shares of the Company timely in
the next six months (short for “the implementation period of increase holdings”) from the first day
of increased holdings(February 22, 2016). The cumulative proportion of the increased holdings
will no less than 1% of the total issued shares of the Company; the cumulative total amount of the
increased holdings will not exceed 160 million. The company released the< public notice on the
controlling shareholder increased holdings of shares of the Company >on February 23,2016
(NO:2016-016).The company released the< public notice on progress of the controlling
shareholder increased holdings of shares of the Company >on May 10,2016 (NO:2016-041).
On May11,2016,The Company received the notice from Bingshan Group, Bingshan Group have
continued increasing holdings of the A shares of the Company through the Shenzhen stock
exchange securities trading system.The relevant information is as follows:
1. The increased holdings subject:
The controlling shareholder of the Company -Bingshan Group
2.The purpose of the increased holdings
Based on the confidence in development prospects of the transformation and the future strategic
distribution of the Company, and the reasonable judgment of the value of the company,in order to
promote the sustainable, stable and healthy development of the company.
3. The relevant information of the increased holdings:
Bingshan Group increased holdings of A shares of the Company through the Shenzhen stock
exchange securities trading system centralized bidding on several trading days.The total amount of
the increased holdings is 800,000 shares ,Accounting for about 0.15% of the total issued shares of
the Company.
4. The shareholdings after the increased holdings
Before the increased holdings, Bingshan Group held 120,683,524 shares of the Company,
accounting for about 22.34% of the total issued shares of the Company. After the increased
holdings , Bingshan Group hold 121,483,524 shares of the Company, accounting for about 22.49%
of the total issued shares of the Company.
5. Other matters
(1).The increased holdings behavior meets the requirements of relevant laws and regulations.
(2).The increased holdings will not lead to the company's equity distribution or without the listing
conditions, will not cause the controlling shareholder of the company and the actual controller
changes.
(3).Bingshan Group will continue to increase holdings of A shares of the Company and promise
not to reduce shares within the implementation period of increase holdings and the legal time
limit.
(4).The company will be in accordance with the relevant provisions, focus continuously on the
relevant information for the progress of the increased holdings and to fulfill the obligation of
information disclosure in time.
Hereby notify the above
                                        Board of Directors of Dalian Refrigeration Co., Ltd.
                                                         May 12, 2016