Securities Code: 000530; 200530 Securities Abbreviation: Bingshan Refrigeration & Heating; Bingshan B Announcement No.: 2024-010

Iceberg Cold & Heat Technology Co., Ltd.

Announcement of Resolutions Adopted at the Ninth Session of the Ninth Supervisory Board

I. Status of the Supervisory Board Meetings

1. Notice of this Supervisory Board meeting was issued in writing on April 11, 2024.

2. This meeting of the Supervisory Board was held on April 24, 2024, by way of on-site voting.

3. The required number of supervisors to attend the meeting is three, and the actual number of supervisors who attended is three.

4. This meeting of the Supervisory Board was chaired by Mr. Hu Xitang, Chairman of the Supervisory Board.

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

II. Review of the Supervisory Board Meeting

1. 2023 Annual Work Report of the Company’s Supervisory Board

Approvals: 3; Opposites: 0; Abstentions: 0.

2. Audit Opinions on the 2023 Annual Report and the First Quarter Report for 2024

Upon review, the Supervisory Board is of the opinion that the procedures adopted by the Board of Directors in preparing and deliberating the Company’s 2023 Annual Report and the First Quarter Report for 2024 are in compliance with applicable laws, administrative regulations, and the provisions of the China Securities Regulatory Commission; that the contents of these reports faithfully, accurately, and comprehensively reflect the Company’s actual situation; and that there are no false records, misleading statements, or material omissions.

Approvals: 3; Opposites: 0; Abstentions: 0.

3. Opinions on the Company’s 2023 Internal Control Evaluation Report

The internal controls established by the Company have been effectively implemented throughout its production and business operations, playing a vital role in achieving the objectives of internal control and exhibiting no material weaknesses. The Company’s 2023 Internal Control Evaluation Report is in compliance with applicable requirements and accurately reflects the Company’s actual circumstances.

Approvals: 3; Opposites: 0; Abstentions: 0.

4. Comments on the Company’s 2023 Corporate Social Responsibility Report

The Company’s 2023 Corporate Social Responsibility Report reflects the Company’s commitment to pursuing economic benefits and safeguarding shareholder rights, while also prioritizing employee development, conducting business with integrity toward suppliers and customers, actively protecting the legitimate rights and interests of creditors, engaging in environmental protection, and participating in social welfare initiatives. The report is in compliance with relevant requirements and accurately reflects the Company’s actual practices.

Approvals: 3; Opposites: 0; Abstentions: 0.

5. Opinion on the Company’s Provision for Impairment of Assets

The Company’s provision for asset impairment this time is based on sufficient evidence, complies with the Enterprise Accounting Standards and the Company’s relevant internal policies, reflects the Company’s actual circumstances, and fairly represents the value of the Company’s assets and its operating results. The decision-making procedures adopted by the Company in connection with this matter are in compliance with the applicable laws and regulations, and the Supervisory Board approves the Company’s provision for asset impairment.

Approvals: 3; Opposites: 0; Abstentions: 0.

The Supervisory Board hereby expresses the following independent opinion on the following matters:

1. Compliance with the law in the company’s operations. The company’s decision-making procedures are lawful, and a relatively comprehensive internal control system has been established. During the performance of their duties, the company’s directors and managers have not engaged in any conduct that violates laws, regulations, or the company’s articles of association, nor have they acted to the detriment of the company’s interests.

2. Financial condition of the company. Shinewing Zhonghe Certified Public Accountants has issued an unqualified audit report. The financial statements faithfully reflect the company’s financial position and operating results.

3. During the reporting period, the company’s related-party transactions primarily involved the procurement of complete-project supporting products from affiliated companies, the sale of supporting components, and the acquisition of equity interests. Such related-party transactions were conducted on a fair basis and did not prejudice the company’s interests.

4. The provision for asset impairment made by the Company for the year 2023 is consistent with the actual condition of the assets and with the relevant policy requirements; the Board of Directors’ decision-making procedures regarding this matter are lawful and conducive to the provision of reliable and accurate accounting information.

5. The Company has established relevant systems for the registration and management of persons privy to inside information and strictly implements such systems in accordance with their requirements.

III. Supporting Documents for Review

1. The resolution of the Supervisory Board meeting, signed by all attending supervisors.

Supervisory Board of BingShan Cold & Heat Technology Co., Ltd.

April 26, 2024