Jinyuan Ep Co.Ltd(000546) : appraisal report on the value of all shareholders’ equity involved in the proposed equity transfer of Qinghai Huzhu Jinyuan Cement Co., Ltd

Jinyuan Ep Co.Ltd(000546) : statement of the appraisal report on the value of all shareholders’ rights and interests involved in the proposed equity transfer of Qinghai Huzhu Jinyuan Cement Co., Ltd. I. this asset appraisal report is prepared in accordance with the basic standards for asset appraisal issued by the Ministry of Finance and the asset appraisal practice standards and professional ethics standards issued by China Asset 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 asset appraisal professionals shall not be liable. 3、 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 this asset appraisal report

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