Dezhan Health (000813): The Progress Of Signing The Letter Of Intent By Wholly Owned Subsidiaries

Dezhan dahealth Co., Ltd

Announcement on the progress of signing the letter of intent for investment by wholly owned subsidiaries

The company and all members of the board of directors guarantee that the contents of information disclosure are true, accurate and complete, and there are no false records, misleading statements or major omissions.

1、 Signing of letter of intent

On April 21, 2021, Dezhan dahealth Co., Ltd. (hereinafter referred to as "Dezhan health") Shenzhen degar Health Industry Investment Co., Ltd. (hereinafter referred to as "degar health"), a wholly-owned subsidiary of the company, signed the agreement between Shenzhen degar Health Industry Investment Co., Ltd. and global carbon assets Co., Ltd. (hereinafter referred to as "carbon asset company") and Hong Kong emission rights exchange Co., Ltd. (hereinafter referred to as "the target company") The letter of intent for investment of Hong Kong Emission Rights Exchange Limited (hereinafter referred to as the "letter of intent") stipulates that both parties shall establish a cooperative relationship and agree to take measures including but not limited to the acquisition or capital increase of the target company by degar health to realize the purpose of holding shares, and any other possible cooperation modes agreed by all parties. For details, please refer to the announcement on signing the letter of intent for investment by wholly-owned subsidiaries (2021-013) disclosed by the company on CNKI on April 22, 2021.

2、 Progress of EOI

The validity period of the letter of intent is 60 natural days. The company has carried out relevant due diligence work for the target company, but the work has not been completed yet. With the consensus of all parties, the supplementary agreement on investment letter of intent between Shenzhen degar Health Industry Investment Co., Ltd. and global carbon assets Co., Ltd. on June 18, 2021 was negotiated and signed, and all parties will abide by it. The main contents are as follows:

Party A: Shenzhen degar Health Industry Investment Co., Ltd

Party B: global carbon assets Co., Ltd

Target company: Hong Kong Emission Rights Exchange Limited

(1) term of cooperation

1. All parties agree to extend the original term of cooperation for two months from the effective date of this supplementary agreement. The term of cooperation may be expired or extended as agreed by all parties. The term of cooperation is exclusive, that is to say, Party B shall not make any contact with any other party on the target company during the cooperation period

Contact, negotiation and signing.

2. During the cooperation period agreed in this supplementary agreement, if all parties have signed formal legal documents on cooperation matters, each party shall perform their respective obligations in accordance with the formal legal documents.

(2) effectiveness, early termination and termination of this supplementary agreement

1. This supplementary agreement shall come into force after being signed by all parties and Party A shall perform the corresponding internal approval procedures.

2. This supplementary agreement can be terminated in advance by consensus of all parties, or unilaterally by the observant party in case of breach of contract.

3. Termination of this supplementary agreement:

1) this supplementary agreement shall be terminated when the cooperation period stipulated in this supplementary agreement has expired and the parties have not agreed to extend it.

2) this supplementary agreement shall be terminated automatically from the date of signing formal legal documents on cooperation matters.

3、 Documents for reference

1. Supplementary agreement between Shenzhen degar Health Industry Investment Co., Ltd. and global carbon assets Co., Ltd. on the investment intention letter of Hong Kong emission right exchange Co., Ltd.

It is hereby announced.

Board of directors of Dezhan dahealth Co., Ltd

21 June 2021