Stock Code: 000530; 200530 Short Form of the Stock: Bingshan; Bingshan B; No: 2023-003
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
2022 Annual Report Summary
I． Important Notes
This summary is extracted from the original of the annual report. For more information, the
investors are recommended to refer to the original.
Note to the “Non-standardized Opinion”
□Applicable √Inapplicable
The profit distribution proposal
√Applicable □Inapplicable
Transfer the capital reserve to increase capital stock
□Applicable √Inapplicable
The profit distribution proposal reviewed and adopted at this Board meeting of the Company is:
based on the total share capital of the Company of 843,212,507 shares, pay to all shareholders the
cash dividend of 0.1 yuan (inclusive the tax) for every 10 shares .The Company will not transfer
the capital reserve to increase capital stock.
II. Company Profile
§1 Company Profile
Short form of the stock Bingshan; Bingshan B
Stock code 000530; 200530
Listed stock exchange Shenzhen Stock Exchange
Contact
Secretary of the Board of Directors Authorized representative in charge of securities affairs
persons
Name Song Wenbao Du Yu
Securities﹠Legal Affairs No.106,
Securities﹠Legal AffairsNo.106, Liaohe East Road,
Contact address Liaohe East Road, Dalian
Economic and Technological Dalian Economic and Technological Development Zone
Development Zone
Telephone 0411-87968130 0411-87968822
Fax 0411-87968125 0411-87968125
E-mail 000530@bingshan.com 000530@bingshan.com
§2 Company Profile
Brief introduction of main business or products during reporting period
Focusing on the hot and cold industry, the Company is committed to the development of
industrial refrigeration and heating business, commercial refrigeration business, air
conditioning and environment business, engineering and service business and new business
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fields, covering the key areas of the hot and cold industry chain and creating a complete hot and
cold industry chain.
During the reporting period, the Company was honest, innovative and pragmatic. Enrich and
strengthen the management team, adjust and optimize the organizational structure and business
processes. Multiple strategies were taken simultaneously to effectively improve production
capacity and productivity, and the monthly output value reached a new record high. Close to the
market and leading the market, we independently developed petrochemical standard LNG BOG
compressor units, ammonia heat pump units, high standard project units and other highlight
products. The "National High-end Equipment Manufacturing Industry Standardization Pilot" was
successfully accepted. The Company was selected into the list of Liaoning Intelligent Factory in
2022. The Company's cascade ammonia screw heat pump unit was selected as the "Innovative
Product of 2022 China Refrigeration Exhibition". The screw refrigeration unit for large ocean
going fishing vessels of the Company was selected as the "specialized, refined and new" product
of Liaoning Province in 2022.
During the reporting period, Bingshan Engineering Company, a subsidiary of the Company,
continued to deepen its competitive market segments. In the field of product business, it actively
serves high-end customers, and has signed many projects with multinational industry giants such
as BASF in Germany and Albemarle in the United States, which has significantly improved the
influence of Bingshan brand in the industry; Join hands with leading enterprises to lead the
polysilicon market and win large orders. In the field of engineering, the Xinjiang Central Kitchen
Project, the Shanghai Star Indoor Comprehensive Ice and Snow Venue Project and other landmark
projects were orderly constructed, and key projects such as the Guangxi Fangcheng Port Fishery
Wharf Cold Storage Project, the Guangzhou Yuhu Cold Chain Market Trading Center
Refrigeration Project, and the Shanxi Yiming Phase II Meat Products (Precast Dishes) Processing
Project were successfully signed. In the field of energy industry, CCUS projects have been rapidly
promoted, and many demonstration projects of central enterprises have been successfully signed,
with a substantial year-on-year increase in orders.
During the reporting period, the Company's subsidiary Wuhan New World Refrigeration further
optimized its products and solutions. Based on the existing traditional products, it focused on
expanding the market segments of energy, coal mines and LNG. The main model of energy
products has achieved good results in marketing, and the steam screw compressor unit has
achieved a breakthrough in sales of new products. The largest single unit installed power project
of ORC screw expansion generator set - Jiangsu Silbang Petrochemical Waste Heat Power
Generation Project has successfully generated electricity, realizing full automatic unattended
operation.
During the reporting period, the subsidiary of the Company, Bingshan Guardian, focused on
energy saving control of cooling and heating systems, and achieved rapid and qualitative growth.
New Meica was absorbed and merged to achieve resource integration, complementary advantages
and efficient operation. Continuously improve and optimize edge computing intelligent devices
and energy-saving control algorithms, and effectively improve the level of refined and intelligent
control. It won the bid for the distribution box project of the Dalian Bay undersea tunnel project,
helping Dalian's key projects.
During the reporting period, the Company's subsidiary, Bingshan Ryosetsu, vigorously expanded
the cause of quick freezing. It is specialized in assisting major corn producing areas in
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Heilongjiang, Xinjiang, Hebei and other major corn producing areas in China to achieve a total
capacity distribution of 150 tons/hour for quick freezing of fresh corn. The down spin flow rate
freezer for corn cob was selected as the "Innovative Product of 2022 China Refrigeration
Exhibition". The fresh corn quick freezing machine was selected into the Guiding Catalogue for
the Promotion and Application of the First (Set) Major Scientific and Technological Equipment in
Liaoning Province.
During the reporting period, in order to further strengthen the hot and cold main business, the
Company planned and implemented a major asset restructuring. After the reorganization is
completed in November 2022, the Company directly or indirectly holds 100% of the shares of
Sonyo Compressor and Sonyo Refrigeration System.
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§3 Summary of Accounting Data and Financial Indexes
3.1 Main accounting data (Unit: RMB Yuan)
Did the Company retroactively adjust or restate the accounting data of previous years due to
change in the accounting policy and correction of accounting mistakes?
□Applicable √Inapplicable
Increase/decrease compared with
2022 2021 2020
previous year
Operating revenue 2,893,085,310.29 2,089,208,256.22 38.48% 1,727,267,935.15
Net profit attributable to shareholders of listed
18,255,330.45 -269,059,849.96 106.78% 21,341,133.39
companies
Net profit belonging to the shareholders of
listed companies after the deduction of -273,460,147.18 -355,049,953.56 22.98% 6,128,351.99
non-recurring profit and loss
Net cash flow from operating activities -56,247,299.36 1,518,218.37 - -13,142,427.45
Basic earnings per share 0.02 -0.32 106.25% 0.025
Diluted earnings per share 0.02 -0.32 106.25% 0.025
Weighted average return on net asset yield 0.61% -8.31% Inecrease 8.92 percentage points 0.64%
Increase/decrease compared with
2022.12.31 2021.12.31 2020.12.31
previous year
Total assets 7,601,935,329.60 5,735,570,604.67 32.54% 5,681,568,328.36
Owner's equity attributable to shareholders of
3,006,190,831.84 3,002,842,837.47 0.11% 3,375,609,788.07
listed companies
3.2 The quarter main financial indicators (Unit: RMB Yuan)
the first quarter the second quarter the third quarter the fourth quarter
Operating revenue 580,124,203.74 711,734,704.97 752,258,640.60 848,967,760.98
Net profit attributable to shareholders of listed companies -12,758,270.89 42,326,622.41 -21,540,127.71 10,227,106.64
Net profit belonging to the shareholders of listed companies
5,827,430.25 4,877,688.10 -23,177,485.56 -260,987,779.97
after the deduction of non-recurring profit and loss
Net cash flow from operating activities -106,839,308.54 -82,567,028.31 -105,495,236.74 238,654,274.23
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§4 Share Capital and Shareholders' Information
4.1 Statement of shares held by the top ten shareholders
Total number of shareholders in the Total number of shareholders as of the last month before
67,475 61,099
reporting period disclosure of the annual report
Shareholding of top ten shareholders
Number of Number of
Proporti shares with pledged
Name Nature Total number
on sale shares or
restriction shares frozen
Domestic non-state-owned
Dalian Bingshan Group Co., Ltd. 20.27% 170,916,934 0 0
legal person
Sanyo Electric Co., Ltd. Overseas legal person 8.72% 73,503,150 0 0
Lin Zhenming Foreign natural person 0.80% 6,730,000
Chen Xianlai Domestic natural person 0.59% 4,934,500
Chen Yong Domestic natural person 0.52% 4,387,500
Xue Hong Domestic natural person 0.42% 3,580,000
Domestic non-state-owned
Dalian industrial development investment Co., Ltd. 0.40% 3,406,725
legal person
Chen Cirou Domestic natural person 0.40% 3,374,280
Li Xiaohua Domestic natural person 0.37% 3,149,608
Wu An Domestic natural person 0.36% 3,055,200
Dalian Bingshan Group Co., Ltd. had the association
Notes to the associated relationship and uniform actions of the above relationship with Sanyo Electric Co., Ltd. among the above
shareholders shareholders. Sanyo Electric Co., Ltd. holds 26.6% of Dalian
Bingshan Group Co., Ltd.'s equity.
Li Xiaohua holds 1,093,700 shares of the Company through an
Explanation on the participation of the top 10 ordinary shareholders in
ordinary securities account and 2,055,908 shares of the
margin trading and securities lending business
Company through an investor credit securities account.
4.2 The total number of preferred shareholders and the shareholding of the top 10 preferred
shareholders of the company
□Applicable √Inapplicable
4.3 Particulars about controlling shareholders and actual controller of the Company
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Government
Administration Commission ofDalian Municipality
Dalian State-owned Assets Management Co., Ltd.
Dalian Equipment Manufacture Investment
State-owned
Panasonic Corporation of China
Dalan Zhonghuida Refrigeration
Sanyo Electric Co., Ltd.
Dayang Co., Ltd.
Technology Co., Ltd.
Co., Ltd.
Assets
100% 100%
Supervision
and
24.97% 8.28% 13.3% 20.2% 26.6% 6.65%
Dalian Bingshan Group Co., Ltd.
20.27%
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
§5 Information on Corporate bonds
□Applicable √Inapplicable
III． Important items
□Applicable √Inapplicable
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
April 26, 2023
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