Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
BINGSHAN REFRIGERATION & HEAT TRANSFER TECHNOLOGIES CO., LTD.
CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2025
(NOT AUDITED)
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
BALANCE SHEET
Prepared by Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. June 30, 2025 Unit: RMB Yuan
30-June-2025 1-Jan-2025
Items
Consolidation Parent Company Consolidation Parent Company
Current assets:
Monetary funds 860,428,396.51 189,255,337.81 1,042,143,744.67 256,913,490.58
Financial assets which are measured by fair value and
which changes are recorded in current profit and loss
Derivative financial assets
Transaction financial assets
Notes receivable 331,799,220.54 88,744,446.52 352,854,863.48 72,589,334.53
Accounts receivable 1,745,936,350.79 530,603,575.44 1,492,234,348.90 466,964,861.72
Receivables financing 267,919,608.64 8,111,750.52 382,073,283.27 4,679,597.82
Accounts paid in advance 203,921,950.25 82,310,274.39 164,042,640.06 85,421,842.41
Other receivables 53,375,625.74 35,787,831.44 45,759,566.06 128,957,016.22
Interest receivables
Dividend receivable 3,767,645.29 3,767,645.29 11,150.00 100,000,000.00
Inventories 1,245,158,273.82 319,878,811.10 1,393,653,788.81 325,468,330.52
Contract assets 188,053,458.00 88,706,528.24 184,760,940.32 73,359,376.07
Assets held for sale
Non-current asset due within one year 57,550.43 57,550.43
Other current assets 20,545,184.31 865,457.96 27,636,378.46 9,963,685.06
Total current assets 4,917,195,619.03 1,344,264,013.42 5,085,217,104.46 1,424,317,534.93
Non-current assets:
Finance asset held available for sales
Held-to-maturity investment
Long-term account receivable 144,227.06 140,017.84
Long-term equity investment 502,740,106.90 2,931,476,813.83 481,973,415.36 2,906,530,622.51
Other Non-current financial assets 1,683,852.59 368,710.09 1,683,852.59 368,710.09
Investment property 139,837,714.81 79,620,870.71 117,931,720.24 81,939,998.15
Fixed assets 1,201,658,993.95 568,846,809.58 1,211,794,069.63 591,199,135.48
Construction in progress 56,535,562.26 35,385,721.41 86,221,660.80 27,671,778.14
Right of use assets 19,682,311.57 22,974,252.58 23,318,732.46 10,576,907.44
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 196,708,333.20 64,099,081.10 203,999,076.19 66,109,306.96
Expense on Research and Development
Goodwill 286,402,171.93 286,402,171.93
Long-term expenses to be apportioned 6,313,010.92 2,808,495.21 5,719,603.26 3,315,026.79
Deferred income tax asset 104,469,271.91 33,819,917.51 103,752,827.71 33,187,901.79
Other non-current asset 20,161,234.88 20,161,234.88
Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd.
Total non-current asset 2,536,336,791.98 3,739,400,672.02 2,543,098,382.89 3,720,899,387.35
Total assets 7,453,532,411.01 5,083,664,685.44 7,628,315,487.35 5,145,216,922.28
Current liabilities:
Short-term loans 150,038,710.69 90,000,000.00 167,283,407.26 120,327,137.01
Financial liabilities which are measured by fair value
and which changes are recorded in current profit and
loss
Derivative financial liabilities
Transaction financial liabilities
Notes payable 506,074,828.40 113,263,226.56 569,117,426.19 108,226,992.06
Accounts payable 1,748,249,861.06 411,969,358.93 1,601,381,790.80 351,385,116.46
Accounts received in advance
Contract liabilities 477,594,504.16 645,711,808.53 104,206,582.50
Wage payable 63,69
