Stock Code: 000530; 200530 Short Form of the Stock: Bingshan; Bingshan B; No: 2023-024
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
2023 Semiannual Report Summary
§1 Important Notes
This summary is extracted from the original of the semiannual report. For more information, the
investors are recommended to refer to the original.
Non-standard audit opinion presentation □ Applicable √ Not applicable
Profit distribution and dividend payment □ Applicable √ Not applicable
§2 Company Profile
2.1 Company Profile
Short form of the stock Bingshan; Bingshan B
Stock code 000530; 200530
Listed stock exchange Shenzhen Stock Exchange
Legal name in Chinese 冰山冷热科技股份有限公司
Short form of legal name 冰山冷热
Legal English name Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
Abbreviation of legal English name Bingshan
Legal representative Ji Zhijian
2.2 Summary of Accounting Data and Financial Indexes
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?
□ Yes √ No
Increase/decrease compared with
2023.1-6 2022.1-6
the same period of last year
Operating revenue 2,327,536,713.05 1,291,858,908.71 80.17%
Net profit attributable to shareholders of listed companies 57,414,399.22 29,568,351.52 94.18%
Net profit belonging to the shareholders of listed companies
45,458,170.52 10,705,118.35 324.64%
after the deduction of non-recurring profit and loss
Net cash flow from operating activities -126,794,196.98 -189,406,336.85 33.06%
Basic earnings per share 0.07 0.04 75.00%
Diluted earnings per share 0.07 0.04 75.00%
Weighted average return on net asset yield 1.87% 0.98% Increase 0.89 percentage points
Increase/decrease compared with
2023.6.30 2022.12.31
2022.12.31
Total assets 8,258,729,981.21 7,601,935,329.60 8.64%
Owner's equity attributable to shareholders of listed
3,063,605,231.06 3,006,190,831.84 1.91%
companies
2.3 Statement of shares held by the top ten common shareholders
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Total number of shareholders in the reporting Total number of shareholders as of the last month
60,735 --
period before disclosure of the annual report
Shareholding of top ten shareholders
Number of
Number of
pledged
shares
Name Nature Proportion Total number shares or
with sale
shares
restriction
frozen
Domestic non-state-owned
Dalian Bingshan Group Co., Ltd. 20.27% 170,916,934
legal person
Sanyo Electric Co., Ltd. Overseas legal person 8.72% 73,503,150
Zhang Sufen Domestic natural person 1.58% 13,300,000
Chen Xianlai Domestic natural person 0.83% 7,000,000
Lin Zhenming Foreign natural person 0.80% 6,730,000
Chen Yong Domestic natural person 0.50% 4,177,700
Wu Dafu Domestic natural person 0.47% 4,000,000
Xue Hong Domestic natural person 0.43% 3,620,000
Dalian industrial development investment Domestic non-state-owned
0.40% 3,406,725
Co., Ltd. legal person
Chen Cirou Domestic natural person 0.40% 3,374,280
Dalian Bingshan Group Co., Ltd. had the association relationship with Sanyo
Notes to the associated relationship and
Electric Co., Ltd. among the above shareholders. Sanyo Electric Co., Ltd. holds
uniform actions of the above shareholders
26.6% of Dalian Bingshan Group Co., Ltd.'s equity.
At the end of the reporting period, the total number of shareholders of the Company was 60,735,
including 53,498 A-share shareholders and 7,237 B-share shareholders.
2.4 Variation in controlling shareholders or actual controllers
Variation in controlling shareholders in the report period
□ Applicable √ Not applicable
Variation in actual controllers in the report period
□ Applicable √ Not applicable
2.5 Information on Preferred Stock
□ Applicable √ Not applicable
In the reporting period, the Company didn’t own preferred stock.
2.6 Corporate Bonds
□ Applicable √ Not applicable
In the reporting period, the Company didn’t own Corporate Bonds.
§3 Important items
In the first half of 2023, the Company focused on hot and cold businesses, deeply cultivated
segmented markets, solidly improved core competitiveness, effectively expanded industry
influence, and continued to strengthen its main business. In the first half of 2023, the Company
achieved an operating revenue of 2,327.54 million yuan, an increase of 80.17% year-on-year;
The net profit attributable to the shareholders of the listed company was 57.41 million yuan, ,
an increase of 94.18% year-on-year.
During the reporting period, the Company adhered to principles of innovation and accelerated
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development. Effectively improving production capacity and efficiency, with monthly output
reaching new highs. We have independently developed multiple highlight products such as CO2
transcritical products, heat pump products, and energy storage products. The Company's CO2
pressurized liquefaction device was selected as an innovative product at the 2023 China
Refrigeration Exhibition. The Company's falling film semi enclosed screw ice water unit was
selected for the "2022 China Refrigeration Society Energy Conservation and Ecological
Environment Product and Technology Catalog".
During the reporting period, the subsidiary of the Company, Bingshan Engineering Company,
and Sonyo Refrigerator, collaborated efficiently and continued to deepen their efforts in
segmented markets. In the field of product business, actively serve high-end customers, and
sign many more projects with industry giants such as BASF Germany and PetroChina; Signed
the largest single crystal silicon project in Bingshan history, leading the polysilicon market. In
the field of engineering, key projects such as Lianyungang Cold Chain Logistics Project, Red
Star Cold Chain Direct Supply Center Expansion Project, and Luoyang Wanbang Agricultura l
Products Cold Chain Logistics Park Project have successfully won the bid. In the field of energy
industry, CCUS projects and energy storage thermal management projects have been rapidly
promoted.
During the reporting period, the Company's subsidiary Wuhan New World Refrigeration
continued to optimize its products and solutions. Professional support for energy security，and
the sales of underground cooling devices in mines have increased significantly. The water vapor
screw compressor unit was selected for the "2023 China Refrigeration Exhibition Innovative
Products" and the "2022 China Refrigeration Society Energy Conservation and Ecological
Environment Product and Technology Catalog".
During the reporting period, the Company's subsidiary Sonyo Compressor achieved
independent innovation and qualitative growth. R290 DC variable frequency vortex compressor
for heat pump hot water was selected as an innovative product at the 2023 China Refrigeration
Exhibition. Received the "Excellent Supplier Award" from Songz in 2022.
During the reporting period, the subsidiary of the Company, Bingshan Guardian, focused on
energy-saving control of cold and hot systems and innovative development. Develop the
Battery management system in the control system of all vanadium Flow battery, and cooperate
deeply with key customers such as Rongke Power and Kaifeng Times Power. Build a 5G fully
connected factory, and rapidly promote Digital transformation.
During the reporting period, in order to further strengthen the main business of cooling and
heating, the Company acquired 100% equity of Panasonic Refrigeration after a major asset
restructuring in 2022.
Board of Directors of Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
August 26, 2023
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