Shenzhen Clou Electronics Co.Ltd(002121) : Shenzhen Clou Electronics Co.Ltd(002121) appraisal report on the value of all equity assets of shareholders of Shenzhen Automotive Power Network Co., Ltd. involved in the proposed equity transfer Shenzhen Clou Electronics Co.Ltd(002121) : Shenzhen Guofang land real estate assets appraisal consulting Co., Ltd. (hereinafter referred to as “the company”) Entrusted by your company, in accordance with laws, administrative regulations and asset appraisal standards, adhering to the principles of independence, objectivity and impartiality, using the income method and asset-based method, and in accordance with the necessary appraisal procedures, we have evaluated the market value of all shareholders’ rights and interests of Shenzhen Automotive Power Network Co., Ltd. involved in Shenzhen Clou Electronics Co.Ltd(002121) proposed equity transfer on September 30, 2021. The assets appraisal is reported as follows: