MONTNETS TECHNOLOGY(SZ:002123) Zheng Quan Zhi Xing·2025-06-26 16:50Core Viewpoint - The report discusses the independent financial advisory provided by Fangzheng Securities for Mengwang Cloud Technology Group Co., Ltd.'s issuance of shares and cash payment to acquire assets, along with the fundraising for related transactions. Group 1: Transaction Overview - Mengwang Technology plans to acquire 100% equity of Hangzhou Bicheng Digital Technology Co., Ltd. through a combination of issuing shares and cash payment [5][6] - The transaction is part of a broader restructuring effort aimed at enhancing the company's market position and financial stability [4][5] Group 2: Financial Advisory Commitment - Fangzheng Securities commits to conducting thorough due diligence and ensuring that the information disclosed aligns with the company's official documents [2][3] - The advisory report emphasizes the importance of transparency and accuracy in the financial statements related to the transaction [2][3] Group 3: Regulatory Compliance - The transaction adheres to relevant laws and regulations, including the Company Law and Securities Law, ensuring compliance with the guidelines set by the China Securities Regulatory Commission [2][4] - The report highlights that all parties involved are responsible for the authenticity and completeness of the provided information [2][3] Group 4: Stakeholder Relationships - The report outlines the relationships between the transaction parties, including the controlling shareholders and management of Mengwang Technology, ensuring no conflicts of interest exist [3][4] - It also details the backgrounds of the major stakeholders involved in the acquisition, including their previous administrative or criminal penalties [3][4] Group 5: Asset Evaluation - The evaluation of the target company's assets is based on appropriate methods and assumptions, ensuring that the valuation aligns with industry standards [4][5] - The report discusses the potential impact of the acquisition on Mengwang Technology's profitability and financial condition post-transaction [4][5]