Research Disclosures & Disclaimers

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Shennan Circuits (002916.SZ)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rmb)	Price Target (Rmb)	Rating
2022-04-01	91.30	135.00	Buy
2022-04-13	89.10	123.00	Buy
2023-11-21	75.37	92.00	Buy
2024-03-18	91.75	100.00	Buy
2024-07-25	110.24	-	No Rating
2024-08-29	99.38	100.00	Buy
2024-09-11	92.08	-	No Rating
2024-09-23	87.79	100.00	Buy
2024-11-01	101.56	-	No Rating
2024-11-22	98.50	100.00	Buy
2025-01-14	128.00	-	No Rating
2025-05-29	85.03	100.00	Buy

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.