Stock Code: 000530; 200530                                          Notice No: 2022-056
Short Form of the Stock: Bingshan; Bingshan B

     Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
        Resolution of 12th Meeting of 9th Session of the Board

Bingshan Refrigeration & Heat Transfer Technologies 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
November 22, 2022.
2. The Board Meeting held by communication vote dated November 28, 2022.
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. Report on applying for merger and acquisition loans from banks by pledging the
shares of subsidiaries
9 votes for; 0 vote against; 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 Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
                                              November 28, 2022