Iceberg Hot and Cold: Subsidiary acquired land use rights for 58.17 million yuan and completed the transfer.
Iceberg Cold Hot Announcement: On June 19, 2025, the fourth session of the Tenth Board of Directors of the company agreed that its subsidiary, Songyang Compressor, would participate in the auction of the land use rights of a portion of No. 78 East Hai Road, Zhoushui Street, Ganjingzi District. Currently, Songyang Compressor has acquired the land use rights through the auction, completed the registration and transfer, and the land certificate has been registered in its name. The land is classified as Class II industrial land, with an area of 53,966.34 square meters, and a total transaction price of 58.1757 million yuan. This auction has addressed the operational risk of inconsistent property and land, saved rental costs, and used own funds without affecting financial and operational results, to protect the interests of shareholders.
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