2021 3 FANGDA PARTNERS Shanghai Beijing Shenzhen Hong Kong Guangzhou http://www.fangdalaw.com 288 E-mail: email@fangdalaw.com 24 Tel.: 86-21-2208 1166 200041 Fax: 86-21-5298 5599 File No.:19CF0818 24/F, HKRI Centre Two HKRI Taikoo Hui 288 Shi Men Yi Road Shanghai 200041, PRC “ ” “ ” “ ” “ ” “ ” 1 “ ” 2 1.1 2020 11 9 30% 30% 30% 30% 17.51% 17.51% 17.51% 17.51% 97.51% 1.2 (1) (2) 47.51% 47.51% 47.51% 47.51% 30.00% 30.00% 30.00% 30.00% 13.34% 13.34% 13.34% 13.34% 4.17% 4.17% 4.17% 4.17% 47.51% 47.51% 47.51% 47.51% (3) A 1.00 1 (4) (5) (6) 2019 10 24 60 4.45 / 4.01 / 90% P1=P0/(1+n) P1=(P0+A×k)/(1+k) P1=(P0+A×k)/(1+n+k) P1=P0-D P1=(P0-D+A×k)/(1+n+k) P0 n k A D P1 2020 6 24 2019 2019 2020 7 16 0.077 2019 2020 7 17 4.01 / 3.93 / 2 (7) (2020) 3061-01 (2020) 3061-02 (2020) 3061-03 (2020) 3061-04 40,022.37 68,007.59 94,473.26 41,738.05 116,046.67 40,022.37 47.51% 19,015.88 68,007.59 47.51% 32,312.54 94,473.26 47.51% 44,887.21 41,738.05 47.51% 19,831.06 (8) 116,046.67 3.93 / 3 295,284,140 A 30% 12,006.71 30,551,424 30% 20,402.28 51,914,198 1 30% 28,341.98 72,116,997 30% 12,521.42 31,861,119 73,272.39 186,443,738 13.34% 5,340.32 13,588,600 13.34% 9,074.48 23,090,278 2 13.34% 12,605.88 32,076,030 13.34% 5,569.24 14,171,094 3 32,589.92 82,926,002 4.17% 1,668.85 4,246,437 4.17% 2,835.78 7,215,725 3 4.17% 3,939.34 10,023,765 4.17% 1,740.39 4,428,473 10,184.36 25,914,400 / 116,046.67 295,284,140 2019 (9) 1. 36 2. 6 20 6 6 3. 4. 1. 4 12 36 12 12 2. 3. 1. 12 12 36 2. 3. (10) 5 (11) (12) 2020 2021 2022 403.65 349.63 255.36 2020 12 31 2021 2022 2023 349.63 255.36 128.23 (13) 30 2.1 2.1.1 6 (1) 2019 10 23 (2) 2020 7 22 (3) 2020 8 14 2020 (4) 2020 9 21 (5) 2020 11 9 2.1.2 (1) 2019 9 23 [2019]418 2020 8 11 [2020]450 (2) 2019 10 23 4.17% 7 (3) 2020 10 30 13.34% 2.1.3 (1) 2020 10 30 6.67% 47.51% (2) 2020 10 30 6.67% 47.51% (3) 2020 10 30 6.67% 47.51% (4) 2020 10 30 6.67% 47.51% 2.1.4 (1) 2019 11 7 (2) 2020 7 9 0010GZWB2020010 0011GZWB2020011 0012GZWB2020012 0013GZWB2020013 2.1.5 8 (1) 2020 12 31 [2020]3691 186,443,738 82,926,002 25,914,400 3.1 3.1.1 (2021) 494 47.51% 97.51% 3.1.2 [2021] 212 47.51% 97.51% 3.1.3 2 2021 fs21011910450 47.51% 97.51% 9 3.1.4 [2021] 444 47.51% 97.51% 3.2 2100491 2021 2 24 47.51% 47.51% 47.51% 47.51% 1,128,617,440 1,128,617,440 A 295,284,140 A 833,333,300 3.3 2021 3 3 295,284,140 1,128,617,440 833,333,300 295,284,140 4.1 10 4.2 (1) (2) (3) 11 (1) (2) (3) 12