华海诚科: 评估报告

Core Viewpoint - Jiangsu Huahai Chengke New Materials Co., Ltd. plans to issue shares to acquire all equity interests of Hengsuo Huawei Electronics Co., Ltd., with an asset valuation report prepared by Tianyuan Asset Appraisal Co., Ltd. [1][4] Group 1: Valuation Overview - The valuation report is based on the Chinese Asset Valuation Standards and aims to provide a value reference for the share issuance [2][4] - The assessment date for the market value of Hengsuo Huawei's equity is set for October 31, 2024 [6][7] - The valuation methods employed include asset-based, market, and income approaches [6][4] Group 2: Financial Metrics - As of the assessment date, Hengsuo Huawei's total assets amount to CNY 521,559,796.70, with total liabilities of CNY 118,517,547.57, resulting in equity of CNY 403,042,249.13 [6][15] - The market value of the assessed equity is determined to be CNY 1,658,000,000 (CNY 165,800.00 million), reflecting an increase of CNY 1,265,086,000 compared to the consolidated financial statements, with a growth rate of 321.98% [6][4] - The valuation also shows an increase of CNY 1,254,957,800 compared to the parent company's standalone financial statements, with a growth rate of 311.37% [6][4] Group 3: Ownership Structure - Hengsuo Huawei was established in October 2000, with initial capital contributions from Lianyungang Huawei Electronics Group Co., Ltd. and Shenzhen Zhongdian Investment Co., Ltd. [8][10] - The current ownership structure includes various stakeholders, with Lianyungang Huawei holding a significant portion of the equity [10][12] - The report outlines the historical changes in ownership and capital structure, including multiple rounds of equity transfers and capital increases [10][14]