The invention relates to refrigerating equipment, in particular to a multi-purpose refrigerating system, which comprises an air-conditioning evaporator, an ice-making machine evaporator, a water fountain cold water evaporator, a compressor, a throttling valve, a first capillary pipe, a second capillary pipe, a refrigerator evaporator, a third capillary pipe, a water heater, a drying filter, an electromagnetic valve, a condenser and a water fountain water heater, wherein the compressor, the water heater, the condenser, the drying filter, the throttling valve and the air-conditioner evaporator are in closed loop connection in sequence; an exhaust pipe of the compressor is connected with one end of the electromagnetic valve; and the other end of the electromagnetic valve is connected to a pipeline between the water heater and the condenser after being connected with water fountain water heater. The invention has the advantages that: after the multi-purpose refrigerating system is put into use, the refrigerator, an air conditioner, the water heater, the water fountain and an ice-making machine are integrated together, and share one compressor, so that the fault rate is lowered; condensing heat is recovered for heating the water heater and the water fountain water heater, so that energy is saved; and the system is easy to control, manufacture, install, produce and operate.