Wenzhou Yihua Connector Co.Ltd(002897) : asset appraisal report of all shareholders’ equity appraisal project of Hunan Yihua transportation equipment Co., Ltd. involved in the proposed equity transfer

The assets appraisal report is prepared in accordance with China’s assets appraisal standards

Wenzhou Yihua Connector Co.Ltd(002897)

Appraisal project of all shareholders’ rights and interests of Hunan Yihua transportation equipment Co., Ltd. involved in the proposed equity transfer

assets valuation statement

Zhong Lian Ping Bao Zi [2022] d-0010

(Volume 1 of 1)

Tianjin Zhonglian Assets Appraisal Co., Ltd

February 15, 2002

10th floor, block C, Marriott building, 333 Binshui West Road, Nankai District, Tianjin

catalogue

Declare that one

Summary three

Text five

1、 Overview of the client, the appraised unit and other users of the appraisal report agreed in the entrustment contract five

2、 Evaluation purpose eight

3、 Evaluation object and scope nine

4、 Value type thirteen

5、 Appraisal base date thirteen

6、 Evaluation basis thirteen

7、 Evaluation method sixteen

8、 Evaluation procedure implementation process and situation twenty-five

9、 Assessment assumptions twenty-five

10、 Assessment conclusion twenty-seven

11、 Special notes twenty-seven

12、 Description of restrictions on the use of asset appraisal report thirty

13、 Asset appraisal report date thirty

14、 Signature of asset appraisal professionals and seal of asset appraisal institution thirty-one

Attachment catalog thirty-two

Statement

Entrusted by Wenzhou Yihua Connector Co.Ltd(002897) (hereinafter referred to as Wenzhou Yihua), Tianjin Zhonglian Assets Appraisal Co., Ltd. has carefully checked, verified, evaluated and estimated all the shareholders’ rights and interests of Hunan Yihua transportation equipment Co., Ltd. involved in the economic behavior of Wenzhou Yihua Connector Co.Ltd(002897) planning to transfer the equity of Hunan Yihua transportation equipment Co., Ltd. (hereinafter referred to as Hunan Yihua or the company), and formed the asset appraisal report, It is hereby declared as follows:

1、 The assets appraisal report is prepared in accordance with the basic standards for assets appraisal issued by the Ministry of Finance and the asset appraisal practice standards and professional ethics standards issued by China Assets Appraisal Association.

2、 The client or other users of the asset appraisal report shall use the asset appraisal report in accordance with the provisions of laws, administrative regulations and the scope of use specified in the asset appraisal report; If the client or other users of the asset appraisal report use the asset appraisal report in violation of the above provisions, the asset appraisal institution and the asset appraiser shall not be liable. This asset appraisal report is only for the use of the client, other users of asset appraisal reports agreed in the asset appraisal entrustment contract and users of asset appraisal reports stipulated by laws and administrative regulations; In addition, no other institution or individual can become the user of the asset appraisal report.

The assets appraisal institution and appraisers remind the users of the assets appraisal report that they should correctly understand and use the appraisal conclusion. The appraisal conclusion is not equal to the realizable price of the appraisal object, and the appraisal conclusion should not be considered as a guarantee for the realizable price of the appraisal object.

3、 The asset appraisal institution and appraisers abide by laws, administrative regulations and asset appraisal standards, adhere to the principles of independence, objectivity and impartiality, and bear responsibility for the asset appraisal report issued according to law.

4、 The list of assets and liabilities involved in the appraisal object shall be declared by the client and the appraised unit and confirmed by signature, seal or other methods permitted by law; The client, the appraised unit and other relevant parties shall be responsible for the authenticity, integrity and legitimacy of the materials provided by them according to law.

5、 The assets appraisal institution and appraiser have no existing or expected interest relationship with the appraisal object in the assets appraisal report; There is no existing or expected interest relationship with the relevant parties, and there is no prejudice against the relevant parties.

6、 The asset appraiser has conducted on-site investigation on the appraisal object and the assets involved in the asset appraisal report; Necessary attention has been paid to the legal ownership of the appraisal object and the assets involved, and the legal ownership data of the appraisal object and the assets involved have been checked. The problems found have been truthfully disclosed, and the client and other relevant parties have been requested to improve the property rights to meet the requirements of issuing the asset appraisal report.

7、 The analysis, judgment and results in the asset appraisal report issued by the asset appraisal institution are limited by the assumptions and restrictions in the asset appraisal report. The user of the asset appraisal report shall fully consider the assumptions, restrictions and special matters stated in the asset appraisal report and their impact on the appraisal conclusion.

Tel: (022) 23733333

Fax: (022) 23718888

Address: Binshui West Road, Nankai District, Tianjin

10 / F, Marriott building, 333

Wenzhou Yihua Connector Co.Ltd(002897)

Hunan Yihua transportation equipment Co., Ltd. involved in the proposed equity transfer

Appraisal items of total shareholders’ equity

assets valuation statement

Abstract

Zhonglian pingbao Zi [2022] d-0010 Tianjin Zhonglian Assets Appraisal Co., Ltd. accepted the entrustment of Wenzhou Yihua Connector Co.Ltd(002897) to evaluate the market value of all shareholders’ rights and interests of Hunan Yihua transportation equipment Co., Ltd. involved in the proposed equity transfer on December 31, 2021 in accordance with the provisions of laws, administrative regulations and assets appraisal standards and adhering to the principles of independence, objectivity and impartiality, The asset appraisal report is summarized as follows:

1、 Appraisal purpose: equity transfer.

2、 Appraisal object and scope: the appraisal object is all the shareholders’ equity of Hunan Yihua transportation equipment Co., Ltd. as of December 31, 2001, and the appraisal scope is all the assets and liabilities of Hunan Yihua transportation equipment Co., Ltd. as of December 31, 2001.

3、 Value type: market value.

4、 Benchmark date: December 31, 2001.

5、 Appraisal method: asset based method.

6、 The appraisal conclusion of the equity of Hunan Communications Equipment Co., Ltd. on December 31 and December 20 is based on the following appraisal procedures:

On the premise of continuous operation, the assessed value of all shareholders’ equity of Hunan Yihua transportation equipment Co., Ltd. at the benchmark date is 122386 million yuan (in words: RMB twelve million two hundred and thirty-eight thousand and six hundred yuan only), and the assessed value-added is 401713 million yuan.

7、 Validity period of the appraisal conclusion: the appraisal conclusion is only valid for the economic behavior of the client’s proposed equity transfer, and is only established on the appraisal base date specified in the appraisal report. The appraisal conclusion is valid within one year from the benchmark date (i.e. December 31, 2001 to December 30, 2002). When there are significant changes in the status of the entrusted assets and the external market after the benchmark date, resulting in the invalidation of the original appraisal conclusion, the user of the appraisal report shall re entrust the appraisal.

8、 Draw the attention of relevant parties to the following matters and properly use the evaluation conclusion:

1. Mortgage matters

Hunan Yihua transportation equipment Co., Ltd. and Industrial And Commercial Bank Of China Limited(601398) Zhuzhou high tech development sub branch (hereinafter referred to as Industrial And Commercial Bank Of China Limited(601398) ) signed the maximum mortgage contract numbered “01903 Chang Jiang Shipping Group Phoenix Co.Ltd(000520) 20 Hexi (DI) Zi No. 0006″, so as to include the houses and buildings within the scope of appraisal and the land where they are located (original Certificate No.: Xiang (2019) Zhuzhou real estate property right No. 0062336, The current warrant No.: Xiang (2021) Zhuzhou real estate property right No. 0052902) is mortgaged to provide the maximum mortgage guarantee for a series of financing businesses signed between Hunan Yihua and Industrial And Commercial Bank Of China Limited(601398) with the maximum principal limit of 141.7 million yuan, and the mortgage period is from August 14, 2020 to August 14, 2030.

In this appraisal, the impact of the above mortgage matters on the appraisal value is not considered.

2. In this appraisal, the appraisal value of fixed assets does not include value-added tax, and the state-owned land use right includes deed tax. 3. In this appraisal, except for finished products and delivered goods, the possible tax associated with the increase or decrease in the value of all shareholders’ equity is not considered.

Note: the above contents are extracted from the assets appraisal report. If you want to know the details of the appraisal project and reasonably understand the appraisal conclusion, you should carefully read the full text of the appraisal report.

Wenzhou Yihua Connector Co.Ltd(002897)

Hunan Yihua transportation equipment Co., Ltd. involved in the proposed equity transfer

Appraisal items of total shareholders’ equity

assets valuation statement

Zhong Lian Ping Bao Zi [2022] d-0010

Text

Wenzhou Yihua Connector Co.Ltd(002897) :

Tianjin Zhonglian Assets Appraisal Co., Ltd. has accepted the entrustment of your company. In accordance with the provisions of laws, administrative regulations and asset appraisal standards, Tianjin Zhonglian Assets Appraisal Co., Ltd. adheres to the principles of independence, objectivity and impartiality, adopts appropriate methods and follows the necessary appraisal procedures according to the actual situation and current price standards of the entrusted assets, The market value of all shareholders’ equity of Hunan Yihua transportation equipment Co., Ltd. involved in the proposed equity transfer of Wenzhou Yihua Connector Co.Ltd(002897) was evaluated on December 31, 2001. The assets appraisal is reported as follows:

1、 Overview of the client, the appraised entity and other users of the appraisal report agreed in the entrustment contract

(I) overview of the client

Name: Wenzhou Yihua Connector Co.Ltd(002897)

Unified social credit Code: 91330 Winner Technology Co.Inc(300609) 381595h

Type: other joint stock limited companies (listed)

Address: No. 2, Huaxing Road, Yihua Science Park, Weng long street, Yueqing City, Wenzhou City, Zhejiang Province

Legal representative: Cai Shengcai

Registered capital: one hundred and seventy-six hundred and seventy-two thousand yuan

Date of establishment: December 23, 1995

Business term: from December 23, 1995 to long term

Business scope: R & D, production and sales of connectors, connector terminals and molds; Import and export of goods and technology; Electroplating processing (another branch is set up with business premises: plot C1 of Yueqing environmental protection industrial park; plot a of innovation and entrepreneurship Park, Weng long street, Yueqing). (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)

(II) appraised unit

1. Basic information of the enterprise

Name: Hunan Yihua transportation equipment Co., Ltd

Unified social credit Code: 9143020ma4q7lf5xr

Type: other joint stock limited companies (unlisted)

Address: D-1, R & D building, phase 2.1, Xinma power innovation park, No. 899, Xianyue Ring Road, Tianyuan District, Zhuzhou City, Hunan Province

Legal representative: Chen xianmeng

Registered capital: 100 million yuan only

Date of establishment: January 4, 2019

Business term: January 4, 2019 to January 3, 2049

Business scope: manufacturing of auto parts and accessories; R & D, production and sales of vehicle harness, connector, rail transit accessories and radiator; R & D, production and sales of electrical cabinet, cabinet, chassis and other hardware products; R & D, production and sales of computers and related products and general servers; Installation and maintenance of computer and auxiliary equipment; R & D, production and sales of electronic components;

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