News Center
Enterprises are public instruments of society.
News Center
Report on the Company’s Relocation and Renovation Project Plan
Document No. 11 of the 2014 Annual General Meeting
Report on the Company’s Relocation and Renovation Project Plan
Dear Shareholders:
To ensure the scientific planning of the company’s relocation and renovation project, under the overall coordination of the Company Relocation and Renovation Leading Group and following multiple rounds of deliberation and validation by relevant company departments and expert consultants, a project proposal for the relocation and renovation has been formulated. The main contents of the proposal are as follows:
I. Overview of the Relocation and Reconstruction Project
The company’s original plant is located at No. 888, Xinan Road, Shahekou District, Dalian, covering a total area of 167,166 square meters. However, due to current site constraints and other limiting factors, the existing facility can no longer meet the company’s development needs. In accordance with the company’s overall development plan, the primary production facility is slated for relocation to the Dalian Economic and Technological Development Zone, where a new plant construction project will be implemented. The new plant site is situated at No. 106, Liaohe East Road, Dalian Economic and Technological Development Zone, with a total land area of 254,826 square meters.
II. Objectives for Relocation, Renovation, and Construction
The company will leverage this relocation and renovation project to build an information-driven, intelligent manufacturing facility, thereby enhancing its production capabilities and standards. By introducing advanced manufacturing equipment such as robots and flexible production lines, the company will improve product quality and fully capitalize on the deep integration of informatization and industrialization to achieve information-based management, drive industrial, managerial, and quality upgrades, comprehensively elevate its overall performance, and accelerate and optimize its development.
III. Main Construction Tasks for Relocation and Renovation
The new plant site is planned to have a total floor area of approximately 169,000 square meters. Currently, the Foundry Division on the north side, the Refrigeration Performance Testing Laboratory on the east side, and the joint-venture production facility have all been completed and are now in operation.
The establishment of the Machining Division, Assembly Division, Auxiliary Equipment Division, Complete Sets Division, and Air-Cooler Division will be carried out step by step in accordance with the overall master plan for the new plant site and the production process flow.
IV. Schedule for Relocation and Renovation
The company’s relocation and renovation will be carefully planned and implemented in phases, ensuring that operations and production are not significantly affected. The relocation and renovation project is scheduled to be completed within two years.
V. Investment Estimation for Relocation and Renovation
In accordance with the company’s development needs and after carefully balancing the increase in manufacturing overhead with improvements in production efficiency, and based on the project feasibility study report, the total investment for the company’s relocation and renovation is approximately RMB 935 million. This includes RMB 71 million for land acquisition, RMB 473 million for equipment investment, RMB 366 million for construction works, and RMB 25 million for other expenses.
VI. Sources of Funding for Relocation and Renovation
Initial funding will primarily come from the company’s own capital, with financing arrangements to be adjusted as construction progresses.
VII. Land of the Old Factory Area After Relocation and Renovation
The Company will, in conjunction with its medium-term development plan and relevant national policies, engage experienced experts for advisory services and carefully arrange matters in a manner that maximizes the Company’s interests.
The above report is submitted for your review.
May 20, 2015
这里是标题一h1占位文字
Message Board
Group dynamics
Contact us
Dalian Bingshan Group Co., Ltd.
Address: No. 106, Liaohe East Road, Dalian Economic & Technological Development Zone
Phone:
0411-87968888 (Main Line)
0411-87968930, 8931 (Sales)
0411-87968000 (After-Sales Service)
400-0411-380 (Customer Service Hotline)
Copyright © 2026 Bingshan Cold & Heat Technology Co., Ltd.
