Securities Code: 000530、200530 Securities Abbreviations: Daling Shares, Daling B Announcement No.: 2017-030

Dalian Refrigeration Co., Ltd.

2016 Announcement of Resolutions Adopted at the Annual General Meeting

Special Note : No proposals were added, rejected, or amended at this shareholders’ meeting, nor were any resolutions passed at previous shareholders’ meetings altered.

    I. Meeting Convening and Attendance

(1) Status of the Meeting

1 , Date and Time of the Meeting

On-site Meeting: 2017 Friday, May 19, at 3:00 p.m.

Online Voting: 2017 May 18, 2016 – May 19, 2017. Among them:

(1 ) The specific time for online voting via the Shenzhen Stock Exchange trading system is from 9:30 a.m. to 11:30 a.m. and from 1:00 p.m. to 3:00 p.m. on May 19, 2017.

(2 ) The specific time period for online voting via the Shenzhen Stock Exchange’s Internet Voting System is any time between 3:00 p.m. on May 18, 2017, and 3:00 p.m. on May 19, 2017.

2 1. Venue for the on-site meeting: Conference Room on the third floor of the company.

3 Method of convening: a combination of in-person voting at the meeting and online voting.

4 , Convenor: The Company’s Board of Directors

5 , Host: Ji Zhijian

6 The convening of the meeting complies with the provisions of applicable laws, administrative regulations, departmental rules, normative documents, and the Company’s Articles of Association.

The notice regarding the convening of this meeting was published in 2017. April 22, China Securities Journal and Hong Kong Commercial Daily.

(II) Attendance at the Meeting

1 I. Overall Attendance at the Meeting

A total of shareholders and shareholder proxies attended the meeting. 15 Person, voting rights held 188,110,474 shares, representing 611,776,558 of the company’s total voting shares of the stock 30.75%。

Among them:

A total of shareholders and shareholder proxies attended the on-site meeting. 11 Person, voting rights held 186,928,474 shares, representing 611,776,558 of the company’s total voting shares 30.56% of the shares.

A total of shareholders and their proxies attended the meeting via online voting. 4 Person, voting rights held 1,182,000 shares, representing 611,776,558 of the company’s total voting shares of the stock 0.19%。

2 , A Attendance of Shareholders

A attending the meeting A total of 12 shareholders and shareholder proxies are present, holding a combined number of voting rights. 128,421,123 shares, representing the company's A This represents 29.24% of the total number of shares with voting rights held by shareholders, which amounts to 439,276,558 shares.

Among them:

A attending the on-site meeting A total of 8 shareholders and their proxies were present, holding 127,239,123 shares with voting rights, representing 28.97% of the company’s total of 439,276,558 A-shares entitled to vote.

A who attended the meeting via online voting A total of 4 shareholders and shareholder proxies are present, holding a combined number of voting rights. 1,182,000 shares, representing the company's A This represents 0.27% of the total number of shares with voting rights held by shareholders, which amounts to 439,276,558 shares.

3 , B Attendance of Shareholders

B attending the meeting A total of three shareholders and their proxies were present, holding 59,689,351 voting shares, representing 34.60% of the company’s total of 172,500,000 B-share voting shares.

Among them:

B attending the on-site meeting A total of three shareholders and their proxies were present, holding 59,689,351 voting shares, representing 34.60% of the company’s total of 172,500,000 B-share voting shares.

B attending the meeting via online voting A total of 0 shareholders and shareholder proxies were present, holding the following voting rights: 0 shares, representing B of the company 0% of the total number of shares with voting rights held by shareholders, which is 172,500,000 shares.

4 , Attendance of Other Personnel

The company’s directors, supervisors, senior management personnel, and the witnessing attorney attended the meeting.

II. Status of Review and Voting on Proposals

1 Voting Method for Proposals: Proposals at this shareholders’ meeting will be voted on through a combination of in-person voting and online voting.

2 The shareholders and their proxies in attendance at this shareholders’ meeting reviewed the agenda items and, following individual voting on each item, adopted the following resolutions:

This proposal was approved by the voting rights held by the shareholders present at the meeting. Two-thirds Approved above.

The above For details of the proposal, please refer to the company’s 2017 year 4 month 22 The relevant announcements of board meeting resolutions were published on the China Securities Journal, the Hong Kong Commercial Daily, and the Cninfo website.

III. Legal Opinion Issued by the Attorney

1 1. Name of the law firm: Liaoning Huaxia Law Firm

2 , Attorney Names: Bao Jingxin, Liu Cuimei

3 , Concluding Opinion:

“The firm’s counsel is of the opinion that the convening and conduct of the Company’s current shareholders’ meeting comply with the provisions of the Company Law, the Rules of the Shareholders’ Meeting, the Detailed Rules on Online Voting, and other applicable laws, regulations, normative documents, and the Company’s Articles of Association; that the qualifications of the attendees and the convener of the meeting are lawful and valid; and that the voting procedures and voting results of the meeting are lawful and valid.”

    IV. Supporting Documents for Reference

1 — Resolutions of the Shareholders’ Meeting signed and confirmed by the directors in attendance and the minutes secretary, and sealed with the Board’s official seal;

2 , Legal Opinion;

3 Other documents required by the Shenzhen Stock Exchange.  

Board of Directors of Dalian Refrigeration Co., Ltd.

2017 year 5 month 20 day