Henan Kedi Dairy Co.Ltd(002770) : appraisal report on the debt matters involved in the debt repayment agreement Henan Kedi Dairy Co.Ltd(002770) : Tongzhi Xinde (Beijing) Asset Appraisal Co., Ltd. (hereinafter referred to as “the company”) has accepted the entrustment of your company, adhered to the principles of independence, objectivity and impartiality, adopted the cost method and followed the necessary appraisal procedures in accordance with the provisions of laws, administrative regulations and asset appraisal standards, The currency value of the debt involved in the proposed debt restructuring of Henan Kedi Dairy Co.Ltd(002770) on December 30, 2021 was evaluated. The assets appraisal is reported as follows:
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