August 8, 2019

Management’s Discussion & Analysis of Financial Condition and Results of Operations for the Three and Six Months Ended June 30, 2019

This management’s discussion and analysis (“MD&A”) of financial condition and results of operations of Baylin Technologies Inc. (“Baylin”, the “Company”, “we” or “us”) was prepared by management as at August 7, 2019. This MD&A should

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