StockCode:000530;200530 ShortFormoftheStock:DalengGufen;DalengB;No:2016-079
DalianRefrigerationCo.,Ltd.
PublicNoticeonCompletionofGrantingRestrictedStock
Important: TheCompanyandthewholemembersofBoardofDirectorsofDalianRefrigeration Co., Ltd. hereby confirm that there are no any important omissions, fictitious statementsorseriousmisleadingcarriedinthisreport. According to the report on granting the restricted stock to the incentive object deliberated bythe9thMeeting of7thSessionoftheBoard ofDirectorsofDalian RefrigerationCo.,Ltd.(“theCompany”),andtherestrictedstock plandraftofthe Company,theBoardhasimplementedandcompletedgrantingtherestrictedstock. Therelateddetailsareasfollows: I.Thedetailsofgrantingtherestrictedstock 1.Grantingdayoftherestrictedstock:September20,2016 2.Grantingprice:5.62yuanpershare 3.Thedistributionofrestrictedstockamongincentiveobjects: Numberofgranted Proportionto Proportion Name Occupation restricted total tototal stock(tenthousand restricted share shares) stock capital DingJie Directorandgeneral 50.00 3.881% 0.083%manager
FanYuekun deputygeneral 50.00 3.881% 0.083%
manager
MaYun Financial 50.00 3.881% 0.083%
majordomo
middlemanagementpersonnelandother
corepersonnelthatshouldbeincented 1,138.40 88.357% 1.902%
determinedbytheBoard（115person）
Total（118person） 1,288.40 100.000% 2.151%
Note: The above incentive object list is the same as the list disclosed on
http://www.cninfo.com.cnbytheCompanydatedonSeptember21,2016.
4.Thesourceoftheobjectstock:directionaladd-issuingAsharescommonstockof
theCompany
5.Theexplanationtothearrangementoftherestrictedstocklock-upperiod
Sincethegrantingday,therestrictedstockgrantedtoincentiveobjectwillbeinthe
lock-upperiodof12months.Duringthelock-upperiod,therestrictedstock(include
thestockdividendsproducedbytherestrictedstock)ofincentiveobjectfromthe
incentiveplanwillbelocked,andshallnotbetransferredorusedtorepaythedebt.
Aftertheexpirationofalock-upperiodistheunlockperiod.Theincentiveobject
shallunlocktherestrictedstockbythreetimesinthenext36monthsafter12months
sincethegrantingday.Duringtheunlockperiod,iftheunlockconditionthatthe
incentiveplanspecifiedwereachieved,theincentiveobjectshouldapplytounlock
therestrictedstockbythreetimes.Thefirstunlockperiodisthefirstyearafterthe
lock-upperiodexpired,andthenumberthattheincentiveobjectmayapplytounlock
is30percentofthetotalnumberofthegrantedrestrictedstock.Thesecondunlock
periodisthesecondyearafterthelock-upperiodexpired,andthenumberthatthe
incentiveobjectmayapplytounlockis40percentofthetotalnumberofthegranted
restrictedstock.Thethirdunlockperiodisthethirdyearafterthelock-upperiod
expired,andthenumberthattheincentiveobjectmayapplytounlockis30percentof
thetotalnumberofthegrantedrestrictedstock.
II.Theinformationaboutcapitalverificationtosubscriptionmoneyforgrantingstock
Fordetails,pleaseseethecapitalverificationreportissuedbyDaHuaCertifiedPublic
Accountants(SpecialGeneralPartnership)disclosedonhttp://www.cninfo.com.cnby
theCompanydatedonDecember2,2016.
III.Thelistingdateofrestrictedstockgranted
Thelistingdateofrestrictedstock:December6,2016.
IV.Thechangesofsharecapitalstructure
Shares Shares
Items （beforechange） Changes （afterchange）
I.Non-circulatingsharecapitalwithrestricted
69,548,731 +12,884,000 82,432,731
tradeconditions
II.Circulatingsharecapital 529,343,827 529,343,827
1.Domesticallylistedordinaryshares 356,843,827 356,843,827
2.Domesticallylistedordinaryshares 172,500,000 172,500,000
III.Totalshares 598,892,558 +12,884,000 611,776,558
Theimplementationoftheequityincentiveplanwillnotleadtoequitydistribution
doesnotmeettheconditionsforlistingrequirements.
V.ThechangetoequityratioofcontrollingshareholderoftheCompany
Afterthecompletionofgrantingtherestrictedstock, thetotalsharecapitalofthe
Companywillincreaseto611,776,558sharesfromtheoriginal598,892,558shares,
whichledtothechangetoequityratioofcontrollingshareholderoftheCompany.
DalianBingshanGroupCo.,ltd.,thecontrollingshareholderoftheCompany,held
122,083,524sharesoftheCompanywithequityratioof20.38%tothetotalshare
capital of theCompany
