StockCode:000530;200530 ShortFormoftheStock:DalengGufen;DalengB No:2017-042 DALIANREFRIGERATIONCO.,LTD. QUARTERLYREPORTFORTHIRDQUARTER,2017 §1ImportantNotes 1.1Thedirectorsand theBoardofDirectors,thesupervisorsand theSupervisoryBoard,and Seniorstaff membersofDalianRefrigerationCo.,Ltd.(hereinafterreferredtoastheCompany)herebyconfirmthatthereare noanyimportantomissions,fictitiousstatementsorseriousmisleadingcarriedinthisreport,andshalltakeall responsibilities,individualand/orjoint,forthereality,accuracyandcompletenessofthewholecontents. 1.2TheCompany’squarterlyfinancialreporthasnotbeenaudited. 1.3ChairmanoftheBoardofDirectorsoftheCompanyMr.JiZhijian,FinancialMajordomoMr.MaYunandthe headofAccountingDepartmentMs.MaoChunhuaherebyconfirmthatthefinancialreportofthequarterlyreport istrueandcomplete. 1.4ThisreportiswrittenrespectivelyinChineseandinEnglish.Intheeventofanydiscrepancybetweenthetwo above-mentionedversions,theChineseversionshallprevail. §2Majoraccountingdataandchangesofshareholders 2.1Majoraccountingdataandfinancialindexes Isthereanytraceableadjustmenttothefinancialstatementsforthepreviousreportperiod √Yes□No Increase/decreasecompared item 2016.12.31 2017.9.30 withpreviousyear Beforeadjustment Afteradjustment Afteradjustment Totalassets 5,548,758,563.21 4,983,511,574.26 5,095,986,440.32 8.88% Owner'sequityattributabletoshareholdersof 3,385,723,271.38 3,247,797,768.92 3,301,087,748.86 2.56% listedcompanies 2017.7-9 Increase/decrease 2017.1-9 Increase/decreaseover2016.1-9 over2016.7-9 Totaloperatingincome 461,323,140.51 -6.60% 1,463,701,858.01 10.49% Netprofitattributabletoparentcompany 47,073,348.70 -28.78% 145,333,511.79 6.30% Netprofitattributabletoparentcompany afterdeductingnon-recurring 47,499,687.40 18.72% 117,460,550.89 11.80% gains/lossesNetcashgeneratedfromoperating -- -- -203,593,761.26 -215.17%activitiesBasicearningspershare 0.055 -31.25% 0.170 0.59%Dilutedearningspershare 0.055 -31.25% 0.170 0.59%Weightedaveragereturnonnetasset 1.40% Decrease0.99 4.35% Decrease0.68percentagepointsyield percentagepoints TheNetprofitattributabletoparentcompanyofthereportingperiodhassignificantlyreductionover2016.7-9, mainlybecausetheNon-operationrevenuedecreased.Thesameperiodlastyear,theCompanypurchasing70% equityofDalianSanyoMinghuaElectricCo.,Ltd,thebooknetassetsismuchmorethantheinvestmentreturn, theNon-operationrevenuewas30.33millionyuan. Itemofnon-recurringgainsandlosses Amountfrombeginningofyearto theendofreportperiod Profitandlossfromdisposalofnon-currentassets 1,408,722.03 Taxreturned/reducedbychance 1,115.75 Governmentsubsidieswhichwereincludedinthecurrentprofitsandlosses 3,713,383.34 TheincomeofinvestmentfromdisposalofFinanceassetheldavailableforsales 27,467,019.93 Othernon-operatingincomesandexpensesexcepttheabovementioned 308,934.59 Incometaxeffects 5,008,374.57 Minorityequityinterestseffects(aftertax) 17,840.17 Total 27,872,960.90 2.2Totalnumberandparticularsoftheshareholdersbytheendofthereportperiod Totalshareholdersattheendofreportperiod 39,949 Shareholdingoftoptenshareholders Numberof Numberof Name Nature Proportion Totalnumber shareswith pledgedshares salerestrictionorsharesfrozen DalianBingshanGroupCo.,Ltd. Domesticnon-state-owned 19.96% 170,916,934 0 legalperson SANYOELECTRICCOLTD Foreignlegalperson 8.58% 73,503,150 0 HUATAIsecuritiesco.,ltd Domesticnon-state-owned 2.20% 18,846,233 0 legalperson ZHAOSHANGsecuritiesco.,ltd Domesticnon-state-owned 2.12% 18,189,814 0 legalperson ZheshangJuchaoindustrygrowhybridsecurities Others 2.11% 18,109,511 0 investmentfund NationalSocialSecurityFunds104Portfolio Others 1.31% 11,199,297 0 NationalSocialSecurityFunds503Portfolio Others 0.96% 8,210,314 0 HEZHONGlifeinsuranceco.,ltd Others 0.73% 6,219,672 0 LinZhenming Foreignnaturalperson 0.72% 6,190,000 0 SunHuiming Domesticnaturalperson 0.66% 5,634,499 0 Particularsaboutsharesheldbythetoptennegotiableshareholdersnotsubjecttoconditionalsales Nameofshareholder EORP(shares) Type DalianBingshanGroupCo.,Ltd. 170,916,934 A SANYOELECTRICCOLTD 73,503,150 B HUATAIsecuritiesco.,ltd 18,846,233 A ZHAOSHANGsecuritiesco.,ltd 18,189,814 A ZheshangJuchaoindustrygrowhybridsecuritiesinvestmentfund 18,109,511 A NationalSocialSecurityFunds104Portfolio 11,199,297 A NationalSocialSecurityFunds503Portfolio 8,210,314 A HEZHONGlifeinsuranceco.,ltd 6,219,672 A LinZhenming 6,190,000 B SunHuiming 5,634,499 B DalianBingshanGroupCo.,Ltd.hadthe associationrelationshipwithSanyoElectric Notestotheassociatedrelationshipanduniformactionsoftheaboveshareholders Co.,Ltd.amongtheaboveshareholders. SanyoElectricCo.,Ltd.holds26.6%ofDalian BingshanGroupCo.,Ltd.'sequity. DidtheCompany'sshareholdersconducttheagreedrepurchasetransactionsinthereporting period □Yes√No Informationonthetotalnumberofpreferredshareholdersandthesharesheldbytoptenpreferredshareholdersas oftheendofthereportingperiod □Yes√No §3ImportantMatters 3.1Majorchangesinmainfinancialitemsandindexes,anddescriptionofthecause √Applicable□Inapplicable 1.Monetaryfundhasdeclinedsignificantlyoverthatofyear-beginning,mainlybecausefund-raisecapitalfrom privatelyofferingofA-sharedecreasedafterpaymentforfund-raisedprojects; 2.Dividendreceivablehasincreasedsignificantlyoverthatofyear-beginning,mainlybecausedividendreceivable whichhasnotyetdueincreased; 3.Othercurrentassethasdeclinedsignificantlyoverthatofyear-beginning,mainlybecauseamounttransfer-in frompendingdeductVATonpurchasedecreased; 4.Investmentrealestatehasincreasedsignificantlyoverthatofyear-beginning,mainlyduetothetranfer-infrom rentalfixedassetsandintangibleassets; 5.Fixedassethasincreasedsignificantlyoverthatofyear-beginning,mainlybecausenewconstructioninsome factoriesaretransfertofixedassetsfromconstructioninprogress; 6.Constructioninprogresshasdeclinedsignificantlyoverthatofyear-beginning,mainlybecausenewconstruction insomefactoriesaretransfertofixedassetsfromconstructioninprogress; 7.Long-termun-amortizedexpensehasincreasedsignificantlyoverthatofyear-beginning,mainlybecausenew loyalitiestobeamortizedintheperiodintheperiod; 8.Short-termloans haveincreasedsignificantlyoverthatofyear-beginning,mainly becausedebtofhonour increasedintheperiod; 9.Wagespayablehasdeclinedsignificantlyoverthatofyear-beginning,mainlybecauseaccrualyear-endbonusfor yearof2016haspaidinfirstquarterof2017; 10.Otheraccountpayablehasincreasedsignificantlyoverthatofyear-beginning,mainlybecausepayableaccount forequitytransfertorelatedpartyisnotinpaymentperiod; 11.Deferredincomehasincreasedsignificantlyoverthatofyear-beginning,mainlybecausegovernmentgrants receivedintheperiodincreased; 12.Taxesandsurchargehasincreasedsignificantlyonay-o-ybasis,mainlybecausethetaxesinadministration expenseshaveadjsutedtotaxesandsurchargeaccordingtotheregulation; 13.Financialexpenseshaveincreasedsignificantlyonay-o-ybasis,mainlybecauseinterestexpensesincreased withthegrowthofdebtofhonourintheperiod; 14.Non-operationrevenuehasdecreasedsignificantlyonay-o-ybasis,mainlybecauseatsameperiodoflastyear, wepurchased70%euqityofDalianSanyoMinghuaElectricCo.,Ltd.,thebooknetassets aregreater than transfereeprice; 15.Netcashflowarisingfromoperationactivitieshavedecreasedsignificantlyonay-o-ybasis,mainlybecausethe cashpaidforgoodpurchasementandreceivinglaborservicesintheperiodincreased; 16.Netcashflowarisingfromfinancingactivitieshavedecreasedsignificantlyonay-o-ybasis,mainlybecause raised-fundfromprivatelyofferingofA-shareincreasedatsameperiodoflastyear,andthecompanyreceiveda specialfundfromCDBDevelopmentFund. 3.2Analyticdescriptionofmajormatters,theirinfluenceandsolutions Applicable√Inapplicable 3.3CommitmentsoftheCompanyoritsshareholdersholding5%orhigherofthesharesinthereportingperiodor carriedtothereportingperiod Applicable√Inapplicable 3.4Precautionsonforecastingof2017,theaccumulatednetprofitmaybeturnedintolossorchangegreatly comparedwiththatinthesameperiodofthelastyear,anddescriptionofthecause □Applicable√Inapplicable 3.5Securitiesinvestment □Applicable√Inapplicable 3.6Derivativeinvestment □Applicable√Notapplicable Duringthereportingperiod,theCompanydoes not existderivativeinvestment. 3.7Tableofinvestigation,communication,interviewreceived Receivingtime Wayofreceiving Receivedobjecttype Basicsituationindex July.6,2017 Investorscommunicationmeetings Institution http://irm.cninfo.com.cn/ssessgs/S000530 July.13,2017 Fieldinvestigation Institution http://irm.cninfo.com.cn/ssessgs/S000530 July.19,2017 Fieldinvestigation Institution http://irm.cninfo.com.cn/ssessgs/S000530 Aug.28,2017 Telephonecommunication Institution http://irm.cninfo.com.cn/ssessgs/S000530 Sep.8,2017 Fieldinvestigation Institution http://irm.cninfo.com.cn/ssessgs/S000530 Sep.13,2017 Fieldinvestigation Institution http://irm.cninfo.com.cn/ssessgs/S000530 Sep.25,2017 Fieldinvestigation Institution http://irm.cninfo.com.cn/ssessgs/S000530 3.8Violationofguaranty □Applicable√Notapplicable 3.9Non-operationcapitaloccupationbyholdingshareholdersandtheirrelatedpartiesinthelistedcompany □Applicable√Notapplicable 3.10Performanceofprecisepovertyalleviationsocialresponsibility (1)Inthethirdquarterof2017,thecompanyjoinedhandswiththecontrollingshareholdersandcontinuedto implement the targeted poverty alleviation to the targeted poverty alleviation unit�C Songlin Village, GuangmingshanTown,ZhuangheCity. (2)Follow-uptargetedpovertyalleviationplan thecompanywillcontinuetopromotethetargetedpovertyalleviationwork,combinewiththegovernment's policyonpoverty alleviation,and solve thesite, roadandtraffic problems in povertyalleviation andthe reemploymentofsurpluslabors. BoardofDirectorsofDalianRefrigerationCo.,Ltd. October25,2017