June 19, 2020 Huluwa, Jinsheng new materials and Guoguang chain open offline inquiry.

There is no transfer of old shares in Huluwa. According to the funds raised in the prospectus, the estimated offering price of Huluwa is 5.19 yuan, with an estimated price-to-earnings ratio of 22.98 times, which is lower than the pharmaceutical manufacturing industry's one-month average price-to-earnings ratio of 43.68 times and below the red line of 23 times earnings.

Jinsheng new materials without the transfer of old shares. According to the funds raised in the prospectus, the offering price of Jinsheng new materials is estimated to be 13.99 yuan, with an estimated price-to-earnings ratio of 22.99 times, which is lower than the one-month average price-to-earnings ratio of 28.87 times for the rubber and plastic products industry and below the red line of 23 times earnings.

Guoguang chain without the transfer of old shares. According to the funds raised in the prospectus, it is estimated that the offering price of the Guoguang chain is 4.65 yuan, with an estimated price-to-earnings ratio of 22.97 times, which is higher than the one-month average price-to-earnings ratio of 19.15 times for chain supermarkets and department stores and lower than the red line of 23 times earnings.