Investor Presentaiton

A-share IPO pipeline As of 6 December 2020, there were over 800 active IPO applicants, among which over 49 percent are seeking to list in the ChiNext board and 28 percent in the STAR Market. These numbers indicate solid market interest in advanced-technology and innovation IPOs. We expect TMT and Industrials to continue to be key drivers for the A-share market, as approximately 65 percent of the existing pipeline belongs to these sectors. Before the ChiNext board reform in June this year, there were around 202 companies seeking a listing on the board. Out of these companies, over 176 applicants have subsequently converted to the registration- based new ChiNext board and have resubmitted their applications since June 2020. A-share IPO applications A-share IPO applications - 2020 sector breakdown 795 806 By number of companies 3%2% Total number of companies: 806 3% 5% 10% 800 617 620 361 600 551 394 540 514 122 141 111 107 101 400 296 28 476 440 200 433 413 268 247 208 187 0 251 226 225 201901 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 ■Active applicants - ChiNext ■Active applicants - STAR Market ■Active applicants - traditional market 12% 25% ■Industrials ■TMT ■Healthcare and Life Sciences Energy and Natural Resources ■Financial Services 40% ■Consumer Markets Infrastructure/ Real estate Transport, Logistics and Others Note: All figures are based on a combination of data as at 6 December 2020 and KPMG estimates, unless otherwise stated. STAR market active applicants included suspended applications (E) which is due to the expiry of their financial information. Historically these applications have been reactivated promptly with updated financial information being submitted by the listing applicant. Source: Wind and KPMG analysis KPMG © 2020 KPMG, a Hong Kong partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. 11

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