Research Disclosures & Disclaimers

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Chacha Food (002557.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
2022-03-30	52.25	78.00	Buy
2022-04-12	57.89	75.00	Buy
2022-07-25	50.38	70.00	Buy
2022-09-01	46.59	65.00	Buy
2022-10-27	43.76	60.00	Buy
2023-02-27	45.38	57.00	Buy
2023-09-15	34.27	47.00	Buy
2024-01-08	32.05	43.00	Buy
2024-04-30	37.50	47.00	Buy
2024-10-30	31.77	33.00	Neutral
2025-01-14	28.52	29.00	Neutral
2025-04-24	23.99	25.00	Neutral

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.