1、,Dalian Refrigeration Co., Ltd. 2010 Annual Report,Dalian Refrigeration Co., Ltd.,2010 Annual Report,CONTENTS,1 Important Notes2 2 C o m p a n y Pro fi le 23 Summary of Accounting Data and Business Data34 Changes in Share Capital and Particulars about Shareholders 45 Directors, Supervisors, Senior S
2、taff Members and Employees of the Company76 The Administrative System of the Company117 Brief Introduction to the Shareholders General Meeting138 Report of the Board of Directors139 Report of the Supervisory Board2310 Significant Events2511 Financial Report2912 Contents of Reference Documents89,1,Fa
3、x,Dalian Refrigeration Co., Ltd. 2010 Annual Report1 Important Notes1.1 The directors and the Board of Directors, the supervisors and the Supervisory Board, andSenior staff members of Dalian Refrigeration Co., Ltd. (hereinafter referred to as the Company)hereby confirm that there are not any importa
4、nt omissions, fictitious statements or seriousmisleading carried in this report, and shall take all responsibilities, individual and/or joint, for thereality, accuracy and completeness of the whole contents.1.2 The financial report has been audited by ZON ZUN Certified Public Accounts Office Ltd. wh
5、ohas presented unqualified opinion audit report.1.3 Chairman of the Board of Directors of the Company Mr. Zhang He, Financial Majordomo andthe head of Accounting Department Ms. Xu Junrao hereby confirm that the financial report of theannual report is true and complete.1.4 This report is written resp
6、ectively in Chinese and in English. In the event of any discrepancybetween the two above-mentioned versions, the Chinese version shall prevail.2 Company Profile2.1 Basic information,Short form of the stockStock codeListed stock exchangeRegistered address and office addressPost codeInternet web site
7、of the CompanyE-mail of the Company2.2 Contact person and method,DALENG GUFEN; DALENG-B000530; 200530Shenzhen Stock Exchange888 Xinan Road, Shahekou District, D,Secretary of the Board of Directors,Authorized representative in chargeof securities affairs,NameContact addressTelephoneE-mail,Ms. Xu Junr
8、aoAccounting Department of DalianRefrigeration Co., Ltd.0086-411-865381300086-411-2,Mr. Song WenbaoSecurities Department of DalianRefrigeration Co., Ltd.0086-411-866545300086-411-,Dalian Refrigeration Co., Ltd. 2010 Annual Report3 Summary of Accounting Data and Financial Indexes3.1 Main accounting d
9、ata (Unit: RMB Yuan)Increase/decrease,2010,2009,compared with,2008,previous year (%),Operating revenueTotal profitNet profit attributable to shareholders of listed companiesNet profit belonging to the shareholders of listed companies after,1,495,527,374.22123,562,724.4199,806,352.7772,261,483.27,1,3
10、94,541,531.4796,008,278.1078,631,260.2866,102,198.64,7.24%28.70%26.93%9.32%,1,513,436,237.50136,450,555.42127,359,605.47116,490,123.80,the deduction of non-recurring profit and loss,Net cash flow from operating activities,171,915,118.26,198,099,187.97,-13.22%,71,202,362.48,Increase/decrease,At the e
11、nd of 2010,At the end of 2009,compared with,At the end of 2008,previous year（）,Total assetsOwners equity attributable to shareholders of listed companiesShare capital,2,912,380,523.591,726,095,242.62350,014,975.00,2,706,288,741.351,689,604,922.90350,014,975.00,7.62%2.16%0.00%,2,719,626,555.641,656,8
12、13,415.66350,014,975.00,3.2 Main financial indexes (Unit: RMB Yuan)Increase/decrease compared with,2010,2009,previous year（）,2008,Basic earning per shareDiluted earnings per shareBasic earning per share after deduction of incidental profit and lossWeighted average return on net asset yieldWeighted a
13、verage return on net asset after deduction of incidental profit and lossPer share net cash flow from operating activities,0.290.290.215.84%4.23%0.49,0.220.220.194.70%3.95%0.57,31.82%31.82%10.53%Increase1.14 percentage pointsIncrease 0.28 percentage points-14.04%,0.360.360.337.83%7.16%0.203,At the en
14、d of At the end Increase/decrease compared with At the end,2010,of 2009,previous year（）,of 2008,Per share net assets belonging to the shareholders of listed companies,4.93,4.83,2.07%,4.73,Note: Deduction of incidental profit and loss and the amount involved,Disposal gains and losses of non-current a
15、ssetTax returned/reduced by chanceGovernment subsidies included in current profit or lossDisposal gains from investments on financial assets available for saleOther non-operating revenue or expenseInfluence on income taxInfluence on minority shareholdersInfluence on net profit,-104,525.02174,754.251
16、8,549,414.8717,384,712.481,393,933.25-9,002,162.72-851,257.6127,544,869.50,3.3 Difference in net profit as audited by Chinese Accounting Standards (CAS) and InternationalFinancial Reporting Standards (IFRS): None3,Dalian Refrigeration Co., Ltd. 2010 Annual Report4 Changes in Share Capital and Partic
17、ulars about Shareholders4.1 Statement on changes in capital stock (unit: share),Before change,New,Bonus,Increase/decrease（+，-）Shares,After change,Quantity,Proportion,converted from,Other,Subtotal,Quantity,Proportion,issue,Share,PAF,. Shares with sale,76,947,796,21.98%,76,947,796,21.98%,restriction1.
18、Shares held by the State2.Shares held bystate-owned corporates,3.Shares held by other,76,855,683,21.96%,76,855,683,21.96%,domestic investorsIn which: Shares held by,domestic non-state-owned,76,855,683,21.96%,76,855,683,21.96%,corporatesShares held by domesticnatural persons4.Shares held by foreignco
19、rporationsIn which: Shares held byforeign investorsShares held by foreignnatural persons,5. Shares held by senior staff,92,113,0.03%,92,113,0.03%,members,. Shares without sale,273,067,179,78.02%,273,067,179,78.02%,restriction,1.RMB ordinary shares2.Foreign-funded shares,158,067,179115,000,000,45.16%
20、32.86%,158,067,179115,000,000,45.16%32.86%,listed at home3.Foreign-funded shareslisted abroad4.Others,. Total shares,350,014,975,100.00%,350,014,975,100.00%,4,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,Dalian Refrigeration Co., Ltd. 2010 Annual ReportStatement on changes in shares with sale restricti
21、on (unit: share),Shares with sale,Release of shares with Increase in release of,Shares with sale,Date of release,Name of shareholders,restriction at thebeginning of the year,sale restriction thisyear,shares with salerestriction this year,restriction at the endof the year,Cause of sale restriction,of
22、 salerestriction,No sale on the marketDalian Bingshan,76,855,683,76,855,683,within 60 months after,Jan. 21, 2011,Group Co., Ltd.obtaining listing right.,Total,76,855,683,0,0,76,855,683,4.2 Statement of shares held by the top ten shareholdersThere were 36,498 shareholders totally as of the end of the
23、 report period, with an,Total shareholders at the end of report year,decrease of 7,292 compared with that as of the end of 2009, which including 28,129A-share holders totally, with a comparable decrease of 6,424, and 8,369 B-share,holders, with a comparable decrease of 868.Shareholding of top ten sh
24、areholders,Number of,Number of,Name,Nature,Proportion,Total number,shares with sale,pledged shares,restriction,or shares frozen,Dalian Bingshan Group Co., Ltd.SANYO ELECTRIC CO LTDDREYFUS GREATER CHINA FD,Domestic non-state-owned legal personOverseas legal personOverseas legal person,21.96%10.00%4.6
25、4%,76,855,68335,001,50016,238,818,76,855,683,Bank of Communications Schroder Growth Stock,Fund,Domestic non-state-owned legal person,2.00%,6,999,793,Bosera Emerging Growth FundHua An Baoli Allocation FundRENAISSANCE CHINA PLUS FUND,Domestic non-state-owned legal personDomestic non-state-owned legal
26、personOverseas legal person,1.71%0.61%0.60%,6,000,0002,121,3552,115,285,CITIC Securities Stock Selected Collective Assets,Management Plan,Domestic non-state-owned legal person,0.60%,2,113,893,Dalian Industrial Development Investment Corp.KB CHINA EQUITY FUND,Domestic non-state-owned legal personOver
27、seas legal person,0.46%0.46%,1,622,2501,605,400,Shareholding of top ten shareholders without sale restriction,NameSANYO ELECTRIC CO LTDDREYFUS GREATER CHINA FDBank of Communications Schroder Growth Stock FundBosera Emerging Growth Stock FundHua An Baoli Allocation FundRENAISSANCE CHINA PLUS FUNDCITI
28、C Securities Stock Selected Collective Assets Management PlanDalian Industrial Development Investment Corp.KB CHINA EQUITY FUNDCSC Assets Management Co., Ltd.,Number of shares without sale restriction35,001,50016,238,8186,999,7936,000,0002,121,3552,115,2852,113,8931,622,2501,605,4001,575,000,Type of
29、 sharesDomestically listed foreign sharesDomestically listed foreign sharesRMB denominated ordinary sharesRMB denominated ordinary sharesRMB denominated ordinary sharesDomestically listed foreign sharesRMB denominated ordinary sharesRMB denominated ordinary sharesDomestically listed foreign sharesRM
30、B denominated ordinary shares,Notes to the associated relationship and uniform actions of the above No information is available concerning the association relationship among the above,shareholders,5,shareholders.,CommissionofDalianMunicipalityGovernment,State-ownedAssetsSupervisionandAdministration,
31、DalianState-ownedAssetsManagementCo.,DalianEquipmentManufactureInvestment,JapanSanyoElectricCo.,Ltd.,DalanZhonghuidaRefrigeration,YidaGroupCo.,Ltd.,DayangCo.,Ltd.,TechnologyCo.,Ltd.,Co.,Ltd.,Ltd.,Dalian Refrigeration Co., Ltd. 2010 Annual Report4.3 Particulars about controlling shareholders and actu
32、al controller of the Company4.3.1 Particulars about change in controlling shareholders and actual controller of the CompanyApplicable Inapplicable4.3.2 Introduction of especial situation for controlling shareholder and other actual controllerThe holding shareholder of the Company is Dalian Bingshan
33、Group Co., Ltd. That company hasthe registered capital of 140.6 million yuan and is operating as a Sino-foreign joint venturecompany. Its legal representative is Zhang He. Its business scope covers research & development,manufacture, sale, service and installation of the products such as industrial
34、refrigerators, freezersand refrigerators, large-, mid- and small-size air-conditioners, petrochemical equipment, electronicand electric appliances, household appliances and environment protection equipment.The actual controller of the Company is State-owned Assets Supervision and AdministrationCommi
35、ssion of Dalian Municipality Government.,100%,100%,25%,5%,15%,15%,10%,30%,Dalian Bingshan Group Co., Ltd.21.96%Dalian Refrigeration Co., Ltd.6,e,x,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,F,Dalian Refrigeration Co., Ltd. 2010 Annual Report5 Particulars about the Directors, Supervisors and Senior Staff Member
36、s5.1 Particulars about changes in shares held by directors, supervisors and senior staff members,Name,Position,Age,Term of duty,Shareholdingat BOY,Shareholdingat EOY,Directors (9 persons):,Zhang HeMu ChuanjiangYang BinXu JunraoHidetoshi ArimaWang WeijieWang HuiquanXing TiancaiLiu Caiping,MMMFMMMMF,C
37、hairmanVice chairmanDirectorDirectorDirectorDirectorIndependent directorIndependent directorIndependent director,736154475848675056,2009.52012.52009.52012.52009.52012.52009.52012.52009.52012.52009.52012.52009.72012.52009.72012.52009.52012.5,33,34529,44503,9000,33,34529,44503,9000,Supervisors (3 pers
38、ons):,Yu FuchunMen YueshengMao Chunhua,MMF,ChairmanSupervisorSupervisor,525846,2009.52012.52009.52012.52009.52012.5,10,140975,10,140975,Senior staff members:,Zhang HeYang BinZhang HongzhiWang DekunWang ZhiqiangHu XitangXu Junrao,MMMMMM,General managerStanding deputygeneral managerDeputy generalmanag
39、erDeputy generalmanagerDeputy generalmanagerDeputy generalmanagerFinancial majordomosecretary of BOD,73545259494347,2009.52012.52009.52012.52009.52012.52009.52012.52009.52012.52009.52012.52009.52012.5,33,34527,46218,5253,900,33,34527,46218,5253,900,7,4,1,3,0,Dalian Refrigeration Co., Ltd. 2010 Annua
40、l ReportParticulars about the annual remuneration of directors, supervisors and senior staff members,NameZhang HeMu ChuanjiangYang BinXu JunraoWang HuiquanXing TiancaiLiu CaipingMao ChunhuaZhang HongzhiWang DekunWang ZhiqiangHu XitangTotal,Annual remuneration and allowance515,000515,000486,000377,00
41、050,00050,00050,00065,000377,000377,000377,000377,0003,616,000,Hidetoshi Arima, Yu Fuchun, and Men Yuesheng received remuneration and allowance from theshareholders unit or other associated unit without pay from the Company.5.2 Presence of directors on the meeting of board of directors,Name ofdirect
42、orsZhang He,Concrete dutyChairman,Times ofpresence acc.stipulation4,Practicaltimes ofpresence onthe spot1,Times ofpresence inmanner ofcommunication3,Times ofpresence inform ofentrusting0,Times ofabsence0,Consecutivetwo-timesabsenceNone,Mu Chuanjiang Vice chairman,4,1,3,0,0,None,Yang BinXu Junrao,Dir
43、ectorDirector,44,11,33,00,00,NoneNone,Hidetoshi Arima Director,4,1,3,0,0,None,Wang Weijie,Director,4,1,3,0,0,None,Wang Huiquan Independent Director,4,1,3,0,0,None,Xing TiancaiLiu Caiping,Independent DirectorIndependent Director,44,11,33,00,00,NoneNone,Times of Board of Directors meeting held within
44、the yearAmong them: Times of meeting held in on the spotTimes of meeting held in the manner of communication,Times of meeting held in the manner of on the spot and,by communication jointly,5.3 The brief incumbency history of directors, supervisors and senior staff membersThe directors and supervisor
45、s who hold positions in the shareholders companies: Zhang Heholding the position of the chairman of Dalian Bingshan Group Co., Ltd.; Mu Chuanjiang holdingthe position of the general manager of Dalian Bingshan Group Co., Ltd.8,Name,Zhang He,Yang Bin,Dalian Refrigeration Co., Ltd. 2010 Annual ReportTh
46、e brief incumbency history of each of the present directors, supervisors and senior staffmembers and their holding or concurrently holding positions other than in the shareholders ownunit:,Brief incumbency historyHaving acted as the vice chief engineer, the plantmanager, and the general manager and chairman ofthe company.Having acted as the plant deputy manager, the,
