Value of equity of Xiamen shouneng Technology Co., Ltd. to be acquired

Hubei Zhenhua Chemical Co.Ltd(603067) : assets appraisal report on the value of all shareholders' equity of Xiamen shouneng Technology Co., Ltd. involved in the proposed equity acquisition Hubei Zhenhua Chemical Co.Ltd(603067) : United Zhonghe Land Real Estate Assets Appraisal Co., Ltd. has accepted your entrustment, in accordance with relevant laws, regulations, asset appraisal standards and asset appraisal principles, and in accordance with necessary appraisal procedures, The market value of all shareholders' equity of Xiamen shouneng Technology Co., Ltd. involved in Hubei Zhenhua Chemical Co.Ltd(603067) proposed equity acquisition on the benchmark date of November 30, 2021 is evaluated by using the asset-based method (cost method) and income method. The assets appraisal is reported as follows:

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