Stock Code: 000530; 200530 Short Form of the Stock: Bingshan; Bingshan B; No: 2024-021
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
2024 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
2024.1-6 2023.1-6
the same period of last year
Operating revenue 2,463,277,349.70 2,327,536,713.05 5.83%
Net profit attributable to shareholders of listed companies 78,529,977.92 57,414,399.22 36.78%
Net profit belonging to the shareholders of listed companies
67,346,978.95 45,458,170.52 48.15%
after the deduction of non-recurring profit and loss
Net cash flow from operating activities -32,585,984.75 -126,794,196.98 74.30%
Basic earnings per share 0.09 0.07 28.57%
Diluted earnings per share 0.09 0.07 28.57%
Weighted average return on net asset yield 2.55% 1.87% Increase 0.68 percentage points
Increase/decrease compared with
2024.6.30 2023.12.31
2023.12.31
Total assets 7,788,630,011.01 8,162,848,294.25 -4.58%
Owner's equity attributable to shareholders of listed
3,101,519,724.53 3,047,513,577.75 1.77%
companies
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2.3 Statement of shares held by the top ten common shareholders
Total number of shareholders in the reporting Total number of shareholders as of the last month
51,190 0
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 0 0
legal person
Sanyo Electric Co., Ltd. Overseas legal person 8.72% 73,503,150 0 0
Zhang Sufen Domestic natural person 1.18% 9,930,000 0 0
Chen Xianlai Domestic natural person 0.87% 7,356,500 0 0
Lin Zhenming Foreign natural person 0.80% 6,730,000 0 0
Cao Yifan Domestic natural person 0.60% 5,088,400 0 0
Li Xiaohua Domestic natural person 0.48% 4,056,608 0 0
Xue Hong Domestic natural person 0.43% 3,660,000 0 0
Zhan Changcheng Domestic natural person 0.36% 3,007,827 0 0
Chen Yong Domestic natural person 0.35% 3,000,000 0 0
Dalian Bingshan Group Co., Ltd. had the association relationship
Notes to the associated relationship and uniform actions of the with Sanyo Electric Co., Ltd. among the above shareholders. Sanyo
above shareholders Electric Co., Ltd. holds 26.6% of Dalian Bingshan Group Co.,
Ltd.'s equity.
At the end of the report period, the total number of shareholders of the Company was 51,190,
including 44,161A-share shareholders and 7,029 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 2024, the Company focused on the hot and cold business, deeply cultivated
segmented markets, solidly improved core competitiveness, effectively expanded industry
influence, and continuously strengthened its main business. In the first half of 2024, the
Company achieved an operating revenue of 2,463.28 million yuan, an increase of 5.83% year-
on-year; The net profit attributable to the shareholders of the listed company was78.53 million
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yuan, , an increase of 36.78% year-on-year.
During the reporting period, the Company continued to strive and develop steadily. Optimize
incentive policies for all employees and strengthen market and product planning. Utilize
differentiation advantages and strengthen the exploration of new fields. Guided by customer
needs, accelerate the development of innovative products. Continuously promote product
standardization, serialization, and modularization, and continuously
Optimize business processes. The -95℃ ethylene ultra-low temperature cascade unit was
selected as an innovative product at the 2024 China Refrigeration Exhibition
During the reporting period, the Company's subsidiary, Bingshan Engineering Company,
continued to deepen its efforts in segmented markets. In the field of product business, actively
serving high-end customers, and signing multiple projects in the field of integrated petroleum
refining and chemical engineering. In the field of engineering, multiple key projects such as the
Cold Chain Logistics Park project in Linshui County, the Pharmaceutical Logistics project of
China National Pharmaceutical Group, the Great Wall Motors Wind Tunnel, and the Baotou
Vanke Ice and Snow Center 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. Standardized design is solidly promoted, and
integrated operation is carried out pragmatically. Deeply cultivate the Hubei market and
showcase local advantages. Professional support for energy security, with a significant increase
in orders in the coal mining industry. The explosion-proof refrigeration device for mining has
been selected as an innovative product at the 2024 China Refrigeration Exhibition.
During the reporting period, the Company's subsidiary, Sonyo Compressor, achieved
independent innovation and qualitative growth. Actively expanding the European market and
experiencing rapid growth in export revenue. Effectively responding to the rise in raw material
prices and steadily improving actual profitability. Safely switch ERP systems and pragmatically
establish a digital foundation platform. The development of R32 refrigerant key models has
been completed, and the development of specialized models in the energy storage field is
accelerating. The high-efficiency vortex compressor for ultra-low ambient temperature air
source heat pump with an evaporation temperature of -42℃ was selected as an innovative
product at the 2024 China Refrigeration Exhibition.
During the reporting period, the subsidiary of the Company, Sonyo Refrigeration, focused on
industrial energy conservation and amplified synergistic effects. Establish an overseas business
unit to assist in the export of lithium bromide absorption refrigeration units. Accelerate the
development of new energy efficiency products and actively respond to the upgrading of energy
efficiency standards. A new product of hybrid air energy heat pump, filling the gap in the
domestic industry. Stirling waste heat power generation units were selected as innovative
products at the 2024 China Refrigeration Exhibition.
During the reporting period, the Company's subsidiary, Sonyo Refrigerator, responded to
national policies and accelerated its transformation and upgrading. Dedicated to the research
and application of energy storage technology, the orders for energy storage and heat exchange
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systems have significantly increased, and the production capacity has rapidly increased. The
world's first marine carbon dioxide transcritical refrigeration equipment, carbon capture system,
has been independently developed and applied in an orderly manner.
Board of Directors of Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
August 15, 2024
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