Ha Air Conditioning: Controlling shareholder Gont Investment Group receives special financing support to increase holdings of stocks of up to 32 million yuan.

Harbin Air Conditioning announced on the evening of May 12 that recently, its controlling shareholder, Harbin Industrial Investment Group Co., Ltd., has reached a cooperation intention with Harbin branch of China CITIC Bank Co., Ltd. CITIC Bank Harbin branch has issued a "Loan Commitment Letter" to Industrial Investment Group, agreeing to provide a loan limit of up to 32 million yuan for Industrial Investment Group to increase its holdings of the company's stock. The loan period will not exceed 3 years and will be specifically used by the Industrial Investment Group to increase its holdings of the company's A-share stock through centralized bidding trading.