Dalian Bingshan Group Co., Ltd. Official Website

www.bingshan.com

Dalian Bingshan Group Co., Ltd.

No.888 Xi'nan Road, Shahekou District, Dalian, China, China

(0411) 6653081

Dalian Bingshan Group Co., Ltd. can trace its history back to 1930, when it is formed as Dalian Refrigerator Works. Since then going through the development phases of transformation, opening up to the outside, reorganization, restructure, merger and acquisition which were refueled by the state's policy of reform and opening up in the early 1980's, the Company have expanded into a transnational group with diverse ownerships and multi trades. By the end of 1999, there have been 39 subsidiaries operating under the Group including 1 public company, 10 solely-owned companies, 24 Sino-foreign joint ventures and 4 state-run holding companies with its total capital assets of RMB 5.5 billion, of which state-owned assets take up 48%, foreign investment 22%, public assets 24% and collective assets 6%. Consequently, the Company takes its firm stand at a ranking position that can be evidenced by the appraisals: one of the 100 strongest companies in the machinery industry of China, the 500 excellent state-run enterprises, and the 512 enterprises backed up by the governments, just to name a few. In 1999, the "Bingshan" brand name was entitled "Best Trademark" by the state government that was unique in the refrigeration industry of China at that time. Packaged central air-conditioning units, Complete industrial refrigeration equipment, Cooler & freezer packs for food delivery sectors, Complete lines of rubber and plastics machines, Complete petrochemical equipment, Packaged electronic appliances & automatic controllers and Packaged household electric appliances.