November 26, 2020 West Shanghai, Rainbow Group, Sijin Intelligence and Shuhua Sports opened offline inquiry.

There is no transfer of old shares in West Shanghai. According to the funds raised in the prospectus, it is estimated that the offering price of West Shanghai is 16.13 yuan, with an estimated price-to-earnings ratio of 22.99 times, which is lower than the automobile industry's one-month average price-to-earnings ratio of 26.94 times and below the red line of 23 times earnings.

There is no transfer of old shares in Rainbow Group. According to the funds raised in the prospectus, it is estimated that the offering price of Rainbow Group is 23.89 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 35.20 times for the electrical machinery and equipment manufacturing industry and below the red line of 23 times earnings.

Think of the transfer of intelligent non-old shares. According to the funds raised in the prospectus, it is estimated that Sijin's offering price is 21.34 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 35.93 times for general equipment manufacturing and below the red line of 23 times earnings.

Shuhua Sports has no old shares to transfer. According to the funds raised in the prospectus, it is estimated that the offering price of Shuhua Sports is 7.27 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 59.38 times for the manufacturing industries of culture, education, industry and beauty, sports and entertainment goods, and below the red line of 23 times earnings.