StockCode:000530,200530 NoticeNo:2017-053 ShortFormoftheStock:DalengGufen;DalengB DalianRefrigerationCo.,Ltd. Resolutionof17thMeetingof7thSessionoftheBoard DalianRefrigerationCo.,Ltd.(the“Company”)anditswholemembersofBoardof Directorsensurethatthepublicnoticeisreal,accurateandcomplete,andthereare noanyimportantomissions,fictitiousstatementsorseriousmisleadingcarriedinthis notice.I.CallingoftheBoardMeeting1.TheNoticeonholdingoftheBoardMeetingwasservedbywrittenformon28November2017.2.TheBoardMeetingheldbycommunicationvotedated8December2017.3.NineDirectorsshouldpresentforvotingandallofthemarepresentactually.4.TheMeetingwasregardedasabidingtherelevantlaws,administrativeregulation,departmentrules,normativedocumentsaswellastheArticleofAssociation.II.DeliberationoftheBoardMeeting1.Reportonunlockingitemsaboutthefirstunlockperiodforthe2016RestrictedStockIncentivePlanoftheCompanyConfirmedbytheboardofdirectors,theunlockconditiontothefirstunlockperiodforthe2016RestrictedStockIncentivePlanoftheCompanyhasbeenachieved.TheCompanywillhandletherelatedunlockissueaccordingtotheRestrictedStockIncentivePlanDraftandtheauthoritybythe3rdExtraordinaryShareholders’GeneralMeetingof2016.Therewere113incentiveobjectwhomettheunlockconditiontothefirstunlockperiodforthe2016RestrictedStockIncentivePlanoftheCompany.Thequantityofrestrictedstockwhichmettheunlockconditionwere5,237,820shares,amountto0.612%ofthetotalsharesoftheCompany.TheaboveunlockissueshouldbehandledbytherelevantdepartmentoftheCompany,andtheunlockarrangementwouldbeannouncedseparately.IndependentdirectorsandBoardofsupervisorsairopinionsfortheaboveunlockissue.LiaoningHuaxiaLawyers’Firmissuedalegalopinionpaper,andShanghaiRealizeInvestmentConsultingCo.,Ltd.Issuedaindependentfinancialconsultantreport.Fordetails,seehttp://www.cninfo.com.cn.DirectoroftheCompany,Mr.DingJiewasrelateddirectorduetoincentiveobject,andconductedobviationinexaminingtheabovematters.With8votesfor,0voteagainstand0voteasabstention.2.Reportonadjustingtherepurchasepriceofthe2016RestrictedStockIncentivePlanoftheCompanyAccordingtotheRestrictedStockIncentivePlanDraftandThedividenddistributionplanforyearof2016,therepurchaseofthepriceP=（5.62-0.1）÷（1+4/10）=3.942yuan/share.DirectoroftheCompany,Mr.DingJiewasrelateddirectorduetoincentiveobject,andconductedobviationinexaminingtheabovematters.With8votesfor,0voteagainstand0voteasabstention.3.Reportonrepurchasingandlogoutingpartoftherestrictedstockof2016RestrictedStockIncentivePlanoftheCompanyAccordingtotheincentiveobjectLiuJie,MengYunchan,FangZheng,DiJunandZhangGuanghui havebeenlefttheCompany,theyweredisqualityedoftheincentiveobject.Theboardofdirectors Agreedtorepurchasethetotalof578,200restrictedsharesthatithasgrantedbuthavenotyet unlocked,withapriceof3.942yuan/share,andgothroughtherepurchaseandlogoutprocedures. IndependentdirectorsandBoardofsupervisorsairopinionsfortheaboveunlockissue.Liaoning HuaxiaLawyers’Firmissuedalegalopinionpaper,andShanghaiRealizeInvestmentConsulting Co.,Ltd.Issuedaindependentfinancialconsultantreport. Fordetails,seehttp://www.cninfo.com.cn. DirectoroftheCompany,Mr.DingJiewasrelateddirectorduetoincentiveobject,andconducted obviationinexaminingtheabovematters. With8votesfor,0voteagainstand0voteasabstention. 4.Issuesrelevanttothe3rdExtraordinaryShareholders’GeneralMeetingfor2017. Fordetails,seehttp://www.cninfo.com.cn. With9votesfor,0voteagainstand0voteasabstention. Among the above resolutions, resolution 3 shall be submitted to the 3rd Extraordinary Shareholders’GeneralMeetingfor2017forreviewandapproval. III.Documentsavailableforreference 1.ProposaloftheMeetingwithsignatureofattendeddirectorsandsealoftheBoard. 2.Opinionsfromindependentdirectors. BoardofDirectorsofDalianRefrigerationCo.,Ltd 9December2017