Group 1 - The company received a government subsidy of 1,961,100.00 yuan on November 26, 2025 [1] - The subsidy is classified as a government grant related to income, which will be recognized in the current profit and loss [1] - The government subsidy is expected to have a positive impact on the company's future annual profits [1]

Core Points - Harbin Air Conditioning Co., Ltd. received a government subsidy of 1,961,100.00 yuan, which accounts for 26.66% of the company's most recent audited net profit attributable to shareholders [1] - The subsidy is classified as revenue-related and will be included in the current period's profit and loss [1] - The company anticipates that this subsidy will have a positive impact on its profits in future years, subject to the final accounting treatment based on the annual audit results [1] Company Performance - As of November 26, 2025, Harbin Air Conditioning's stock closed at 6.03 yuan, down 2.58% from the previous trading day [1] - The stock opened at 6.2 yuan, reached a high of 6.23 yuan, and a low of 6.0 yuan, with a trading volume of 50.87 million yuan and a turnover rate of 2.17% [1] - The company's latest total market capitalization is 2.312 billion yuan [1]

二、补助的类型及其对上市公司的影响 公司根据《企业会计准则第 16 号-政府补助》的有关规定确认上述事项，并 划分补助的类型，上述政府补助属于与收益相关的政府补助，计入当期损益。 哈尔滨空调股份有限公司 获得政府补助的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、获得补助的基本情况 2025 年 11 月 26 日，哈尔滨空调股份有限公司（以下简称"公司"）收到政 府补助 1,961,100.00 元。具体如下； 单位：元 | | | | 占公司最近一期经审计归 | | | --- | --- | --- | --- | --- | | 序号 | 获得时间 | 补助金额 | 属于上市公司股东净利润 | 补助类型 | | | | | 的比例（%） | | | 1 | 2025-11-26 | 1,961,100.00 | 26.66 | 收益相关 | | | 合计 | 1,961,100.00 | 26.66 | | 证券代码：600202 证券简称：哈空调 编号：临2025-060 本次收到的政府补助款预计对公司未 ...

Core Viewpoint - Harbin Air Conditioning Co., Ltd. (哈空调) has experienced a stock price decline of 2.10% on November 26, with a current price of 6.06 CNY per share, despite a year-to-date increase of 36.49% [1][2]. Financial Performance - For the period from January to September 2025, Harbin Air Conditioning reported a revenue of 827 million CNY, representing a year-on-year decrease of 12.19%. The net profit attributable to the parent company was -23.82 million CNY, a significant decline of 1765% compared to the previous year [2]. - The company has cumulatively distributed dividends of 358 million CNY since its A-share listing, with 7.67 million CNY distributed over the last three years [3]. Stock Market Activity - As of November 26, the total market capitalization of Harbin Air Conditioning is 2.323 billion CNY, with a trading volume of 32.04 million CNY and a turnover rate of 1.36% [1]. - The stock has appeared on the "龙虎榜" (a list of stocks with significant trading activity) six times this year, with the most recent appearance on April 1, where it recorded a net purchase of 45.05 million CNY [1]. Shareholder Information - As of September 30, the number of shareholders for Harbin Air Conditioning is 23,500, a decrease of 17.08% from the previous period. The average circulating shares per person increased by 20.60% to 16,312 shares [2]. Business Overview - Harbin Air Conditioning, established on June 25, 1993, and listed on June 3, 1999, is primarily engaged in the design, manufacturing, and sales of various high, medium, and low-pressure air coolers. The revenue composition includes 73.07% from petrochemical air coolers, 13.05% from other customized products, and 12.25% from power station air coolers [1].

哈 尔 滨 空 调 股 份 有 限 公 司 2 0 2 5 年第三次临时股东会会议资料 哈尔滨空调股份有限公司 2025 年第三次临时股东会会议资料 目 录 | 哈尔滨空调股份有限公司 2025 年第三次临时股东会会议议程………………………2 | | | --- | --- | | 议案一：关于调整 2025 年度日常关联交易预计额度及预计 2026 年度日常关联交易额 | | | 度的提案………………………………………… | 3 | | 议案二：关于拟与控股股东哈尔滨工业投资集团有限公司签署<解除一致行动协议> | | | 的提案………………………………………… | 10 | 二、推选监票人：大会设监票人 4 人，其中律师 1 人，审计委员会推选 1 人，出 席会议股东推选 2 人，监票人监督表决全过程，并在表决统计表上签名。 1 哈尔滨空调股份有限公司 2025 年第三次临时股东会会议资料 哈尔滨空调股份有限公司 2025 年第三次临时股东会会议议程 现场会议时间：2025 年 12 月 1 日 14:30 召开地点：哈尔滨高新技术开发区迎宾路集中区滇池街 7 号十二楼会议室 网络投票系统：中国证券登记结 ...

Core Viewpoint - Harbin Air Conditioning (哈空调) is attempting to divest its underperforming subsidiary, Harbin Fushanchuan Biotechnology Development Co., Ltd. (富山川), to streamline operations amid financial pressures and a need for transformation [1][2] Group 1: Asset Divestiture - The company plans to publicly transfer 40% of its stake in Fushanchuan at a minimum price of 3.8126 million yuan, based on an assessed value [2][3] - Fushanchuan has ceased operations and is currently in a "dormant state," with a reported net loss of 16.0963 million yuan for 2024, which is 218.83% of Harbin Air Conditioning's previous year's net profit [2][3] - The valuation of Fushanchuan shows a 7.69% increase from its book value, with total equity assessed at 9.5314 million yuan [2] Group 2: Financial Challenges - Harbin Air Conditioning's revenue for the first three quarters of 2025 was 827 million yuan, a year-on-year decrease of 12.19%, with a net loss of 23.8215 million yuan [3] - Fushanchuan has been listed as a dishonest executor, with its bank accounts frozen due to legal disputes, and it is involved in multiple contract disputes that have led to additional financial liabilities [4] - The company has an outstanding unfulfilled capital contribution of 15.4718 million yuan related to its investment in Fushanchuan, which poses a financial risk [4][5] Group 3: Internal Financial Obligations - Fushanchuan owes Harbin Air Conditioning approximately 19.7955 million yuan in various internal debts, with no clear repayment plan provided [5] - The other shareholders of Fushanchuan have waived their right of first refusal on the share transfer, necessitating Harbin Air Conditioning to seek external buyers [5] - The company has acknowledged the uncertainty surrounding the success of the transaction and the final terms of the sale [5]

Core Viewpoint - Harbin Air Conditioning Co., Ltd. (stock code: 600202) has experienced a significant decline in stock price, dropping 10.77% to 5.88 yuan as of November 21, 2025, with a total market capitalization of 2.254 billion yuan [1] Group 1: Company Announcements - The company held its ninth temporary board meeting on November 21, 2025, where it approved the proposal to publicly transfer 40% equity of its subsidiary, Harbin Fushanchuan Biotechnology Development Co., Ltd. [2][3] - The board's decision received unanimous approval from all nine directors, complying with regulatory and procedural requirements [1] - The company received a government subsidy of 2 million yuan, which accounts for 27.19% of the latest audited net profit attributable to shareholders [1][3] Group 2: Equity Transfer Details - The company plans to publicly transfer its 40% stake in Harbin Fushanchuan, with an assessed value of 953.14 million yuan for the entire equity, leading to a valuation of 381.26 million yuan for the 40% stake [2] - The transfer will not require shareholder approval as it has already been approved by the board, and the final transaction details remain uncertain pending regulatory review [2]

Group 1 - The company received a government subsidy of 2 million yuan on November 21, 2025, which accounts for 27.19% of the latest audited net profit attributable to shareholders [1][3] - The subsidy is classified as revenue-related and will be included in the current profit and loss statement [1] Group 2 - The company plans to publicly transfer 40% equity of its subsidiary, Fushan Chuan, at the Heilongjiang United Property Exchange, with an assessed market value of 9.53 million yuan as of December 31, 2024 [4] - The assessed price for the company's share in Fushan Chuan is 3.81 million yuan, and the minimum listing price will not be lower than this assessed value [4] - Fushan Chuan reported a net loss of 16.1 million yuan in 2024, which is 218.83% of the absolute value of the company's audited net profit from the previous year [4] Group 3 - For the first three quarters of 2025, the company achieved operating revenue of 827 million yuan, a year-on-year decrease of 12.2% [4] - The net profit attributable to shareholders was a loss of 23.82 million yuan, a year-on-year decline of 1765.0% [4] - The net cash flow from operating activities was 12.61 million yuan, down 80.5% year-on-year [4] Group 4 - As of the end of the third quarter, the company's total assets were 2.736 billion yuan, a decrease of 3.2% from the end of the previous year [5] - The net assets attributable to shareholders were 807 million yuan, also down 3.2% from the end of the previous year [5] - On November 21, the company's stock price fell by 6.81%, closing at 5.88 yuan per share, with a total market value of 2.254 billion yuan [5]

Group 1 - The company held its ninth temporary board meeting on November 21, 2025, where all nine directors participated and approved the proposal to transfer 40% equity of its subsidiary, Harbin Fushanchuan Biotechnology Development Co., Ltd. [2][4][9] - The board's decision to transfer the equity was based on a strategic review and aims to optimize resource allocation and improve operational efficiency [6][24]. - The market value of the 40% equity stake is assessed at RMB 381.26 million, with the final price subject to approval by the state-owned assets regulatory authority [6][13][23]. Group 2 - The subsidiary, Fushanchuan, reported a net loss of RMB 16.10 million in 2024, which is 218.83% of the company's previous year's net profit, leading to the decision to transfer the equity without requiring shareholder approval [7][9][24]. - The transfer process will be conducted through public listing on the Heilongjiang United Property Rights Exchange, with the final buyer and price to be determined through this process [8][10][24]. - The company will no longer hold any equity in Fushanchuan post-transfer, and the subsidiary will be excluded from the company's consolidated financial statements [6][24]. Group 3 - The company received a government subsidy of RMB 2 million on November 21, 2025, which is expected to positively impact future profits [28][29]. - The subsidy is classified as a government grant related to income and will be recognized in the current period's profit and loss [28].

Core Points - On November 21, the company announced that it received a government subsidy of 2 million yuan [1] Group 1 - The company is Harbin Air Conditioning Co., Ltd. [1] - The subsidy is scheduled to be received on November 21, 2025 [1]