605020: Zhejiang Yonghe Refrigerant Co.Ltd(605020) announcement on receiving government subsidies

Securities code: 605020 securities abbreviation: Zhejiang Yonghe Refrigerant Co.Ltd(605020) Announcement No.: 2022-012 Zhejiang Yonghe Refrigerant Co.Ltd(605020)

Announcement on obtaining government subsidies

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

1、 Access to government subsidies

From February 2021 to January 2022, Zhejiang Yonghe Refrigerant Co.Ltd(605020) (hereinafter referred to as “the company”) and its holding subsidiaries received a total of 11560979.67 yuan of government subsidies, including 11260979.67 yuan of government subsidies related to income and 300000 yuan of government subsidies related to assets. The details are as follows:

Order recipient subsidy item subsidy amount nature subsidy receipt basis

No. (yuan) time

Zhejiang Yonghe refrigeration unit Zhejiang digital workshop and assets 2021 “Notice of Zhejiang Provincial Department of economy and information technology on publishing the list of smart factories of Zhejiang digital workshop in 2020 in July related to the subsidy of 300000.00 for smart factories of Zhejiang Provincial Department of economy and Information Technology Co., Ltd.”

2 Zhejiang Yonghe refrigeration stock direct financing incentive subsidy 1000000.00 and income related to qujingxin Zhuansheng [2020] No. 113 Co., Ltd. in September 2021

3. Zhejiang Yonghe Refrigeration Co., Ltd. financial payment green project paste 307155.00 and income 2022 notice on applying for interest related January assistance of green loan interest subsidy Co., Ltd

4 Zhejiang Yonghe Refrigeration Co., Ltd. export credit insurance financing subsidy 910100.00 and income 2022 notice on applying for special funds related to January 2020 of Da Trading Co., Ltd

5. Zhejiang Hailong logistics has the old operating vehicle 161600.00 and revenue of Quzhou City. Qushijiao [2019] No. 86 in 2021

Limited company vehicle subsidy related February

6 Inner Mongolia Yonghe fluorinated labor and employment service bureau technology 708600.00 and income 2021 nrsbf [2020] No. 99

The company can improve the training subsidy in April

7 Inner Mongolia Yonghe fluorinated labor and employment service bureau technology 697800.00 and income 2021 nrsbf [2020] No. 99

The company can improve the training subsidy in August

8 Inner Mongolia Yonghe fluorinated labor and employment service bureau technology 699600.00 and income 2021 nrsbf [2020] No. 99

The company can improve the training subsidy in December

9 Jinhua Yonghe fluorochemical 2019 flexible talent introduction 1000000.00 and income 2021 annuity Kai Dang Zi [2017] No. 44

February related to R & D fund subsidy of the project of Co., Ltd

Jinhua Yonghe fluorine chemical industry’s first batch of branches and revenues in 2021

10. Technology innovation fund of the Company Limited, 2019 1525800.00 related, March jinshiko [2021] No. 11

Annual R & D expense subsidy

11 Jinhua Yonghe fluorine chemical power consumption voucher subsidy 189095.50 and income 2021 annuity jxjy [2021] No. 1

Limited company related April

12 Jinhua Yonghe fluorochemical 2020 urban development fund 108300.00 and income 2021 annuity business affairs Fa [2021] No. 40

May related to the release of economic development funds of Co., Ltd

13 Jinhua Yonghe fluorochemical 2020 urban development fund 108300.00 and income 2021 annuity business affairs Fa [2021] No. 40

June related to the release of economic development funds of Co., Ltd

14 Jinhua Yonghe fluorochemical 2020 Zhejiang made 237500.00 and revenue 2021 Jinshi Jianbian [2021] No. 124 Co., Ltd. brand certification award related July

15 Jinhua Yonghe fluorochemical power consumption voucher subsidy 189095.50 and income 2021 annuity jxjy [2021] No. 1

Limited company related July

16 Jinhua Yonghe fluorochemical “three” cultivation pilot award 1199450.00 and income 2021 annuity Jingxin cultivation [2021] No. 42 Co., Ltd. in August

17. Jinhua Yonghe fluorochemical “made in Zhejiang” brand recognition 237500.00 is related to the reward fund of the certificate of Jinshi Jianbian [2021] No. 124 Co., Ltd. in 2021

18 Jinhua Yonghe fluorochemical “three” cultivation pilot 1199450.00 related to the reward of income 2021 annuity Jingxin cultivation [2021] No. 42 Co., Ltd. in August

19 Jinhua Yonghe fluorochemical Co., Ltd. 135500.00 in the second quarter of 2020 and income 2021 annuity Kai [2020] No. 26

September related to the production increase subsidy given by the company to the enterprise

Single 100000 yuan to 2021

Subsidies under 20 (22 in total) various subsidies given by the government 646133.67 and income February —

2022) related grants

January

Total 11560979.67 —

2、 Types of subsidies and their impact on Listed Companies

The company confirms the above matters and classifies the types of subsidies according to the accounting standards for Business Enterprises No. 16 – government subsidies and other relevant provisions.

The above-mentioned government subsidies have not been audited. The specific accounting treatment and the impact on the company’s profits and losses are finally subject to the results confirmed by the annual audit of the audit institution. Please pay attention to investment risks.

It is hereby announced.

Zhejiang Yonghe Refrigerant Co.Ltd(605020) board of directors February 9, 2022

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