Stock Code: 000530, 200530                                                   Notice No: 2017-059
             Short Form of the Stock: Daleng Gufen; Daleng B

                                     Dalian Refrigeration Co., Ltd.
                         Resolution of 18th Meeting of 7th 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
             December 18,2017.
             2. The Board Meeting held by communication vote dated December 28,2017.
             3.Seven 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. Report of increase the estimated total amount of routine associated transactions for
             year 2017
             According to the preliminary statistics from January to November of 2017 provided
             by the Financial Management Department of the Company, Combine the company
             daily operation situation, The company increased the estimated amount of the daily
             related transactions of the relevant part in 2017. The details are as follows:
                                                                                    Ten thousand yuan

Category                                                                              The actual
                                                                                                                Actual
  of the                                                                 Expected      amount
                                                           Pricing                                  Added       expected
 related           relevant party          content                       amount in    incurred in
                                                          principles                                amount    amount for
transactio                                                               early 2017   January to
                                                                                                                 2017
   ns                                                                                 November
                                                                                        2017
   Sell      Panasonic Appliances Cold
                                         Sell product   Market pricing       13,700        16,044     4,800         18,500
supporting     Chain (Dalian) Co.,Ltd.
 parts to
               Panasonic Refrigeration
 related                                 Sell product   Market pricing          300         1,263     2,200          2,500
              System（Dalian）Co.,Ltd
  party


             The Company’s independent directors reviewed this proposal in advance on
             December 18 2017and agreed to submit it to the Board of Directors for review.
             Related directors, Mr. Ji Zhijian, Mrs. Xu Junrao obviated in examination.
             7votes in favor; 0 vote objection; 0 vote waived
             III. Documents available for reference
             1. Proposal of the Meeting with signature of attended directors and seal of the Board.
2. Opinions from independent directors.
3. Opinions from sponsor institution.

                                Board of Directors of Dalian Refrigeration Co., Ltd.
                                                    December 29 2017