Stock Code: 000530, 200530                                           Notice No: 2017-034
Short Form of the Stock: Daleng Gufen; Daleng B

                       Dalian Refrigeration Co., Ltd.
           Resolution of 15th Meeting of 7h Session of the Board

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.

I. Calling of the Board Meeting
1. The Notice on holding of the Board Meeting was served by written form on 15
August 2017.
2. The Board Meeting held by communication vote dated 25 August 2017.
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. Semiannual report of the Company for the year 2017.
9 votes for; 0 vote against; 0 vote as abstention.
2. Report on written-off uncollectible receivables.
It is agreed for three subsidiaries of the Company to write off the account receivable
of 2,985,636.51yuan on credit for a long time - Dalian Bingshan Air-Conditioning
Equipment Co., Ltd. to write off the account receivable of RMB 1,091,337.17 yuan,
Dalian Bingshan Ryosetsu Quick Freezing Equipment Co., Ltd to write off the
account receivable of RMB 939,837.00 yuan, Other receivables 77,500.00 yuan,
Wuhan New World Refrigeration Industrial Co., Ltd to write off the account
receivable of RMB 876,962.34yuan.
A provision for bad debts of 2,776,881.01 yuan has been allotted for the above
written-off amount with the effects on loss and profit in 2017 of 208,755.50 yuan.
With 9 votes for, 0 vote against and 0 vote as abstention.
3. Semiannual special report on the storage and use of the raised funds for 2017 of the
Company;
(For details, see http://www.cninfo.com.cn.)
With 9 votes for, 0 vote against and 0 vote as abstention.
4. Report on using the temporary idle raised funds of the Company to buy guaranteed
banking financial products.
(For details, see http://www.cninfo.com.cn.)
With 9 votes for, 0 vote against and 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 Directors of Dalian Refrigeration Co., Ltd.
                                                        26 August 2017