On July 31, 2020, Junyao Health opened the offline inquiry.

Junyao Health has no transfer of old shares. According to the funds raised in the prospectus, the estimated offering price of Junyao Health is 13.43 yuan, with an estimated price-to-earnings ratio of 22.98 times, which is lower than the one-month average price-to-earnings ratio of 44.14 times for the wine, beverage and refined tea manufacturing industry and below the red line of 23 times earnings. Take the two trading days before the initial inquiry date of this issue (that is, July 29, 2020, T6) as the benchmark date. The securities investment funds, basic old-age insurance funds and social security funds managed by investment managers of social security funds that participate in the preliminary inquiry of this issue shall have an average daily market value of more than 10 million yuan (including) in the Shanghai market for 20 trading days before the benchmark (including base days). The average daily market value of unrestricted A shares and unrestricted depositary receipts held by other investors participating in this issue and their managed allotment targets in the 20 trading days before the benchmark date (including the base day) shall be more than 60 million yuan (inclusive). Offline investors can fill in the same proposed purchase price for each allotment object under their management, with 0.01 yuan as a minimum declared price unit, and the proposed purchase price corresponds to a proposed purchase quantity. The minimum number of shares to be purchased by each allotment object is 1.5 million shares. if the number of shares applied for exceeds 1.5 million shares, the excess must be an integral multiple of 100000 shares and shall not exceed 4.5 million shares.