Core Viewpoint - Zhangjiagang Free Trade Technology (Group) Co., Ltd. plans to reduce capital for Zhangjiagang Free Trade Zone Foreign Investment Service Co., Ltd., involving an asset valuation report for the total equity value of the shareholders of the service company [1][2]. Group 1: Company Overview - Zhangjiagang Free Trade Technology (Group) Co., Ltd. is a publicly listed company established on June 28, 1994, with a registered capital of 1.212 billion RMB [1][2]. - The company operates in high-tech applications, e-commerce, port logistics investment, and other industrial investments [1][2]. - Zhangjiagang Free Trade Zone Foreign Investment Service Co., Ltd. was established on August 21, 1998, with a registered capital of 467.33 million RMB [2][3]. Group 2: Capital Structure and Changes - The initial registered capital of Zhangjiagang Free Trade Zone Foreign Investment Service Co., Ltd. was 2.8 million RMB, contributed by Zhangjiagang Free Trade Technology Co., Ltd. and Zhangjiagang Free Trade Zone Jinguang Asset Management Co., Ltd. [2][3]. - The company underwent several capital increases, with the latest registered capital reaching 467.33 million RMB after multiple rounds of investment [2][3]. Group 3: Financial Performance - As of the assessment date, the total assets of the service company were approximately 62.93 million RMB, with total liabilities of about 3.5 million RMB, resulting in total equity of approximately 59.43 million RMB [3]. - The company's revenue for 2023 was reported at 9.37 million RMB, with a net profit of approximately 4.61 million RMB [3]. Group 4: Business Operations - The service company provides comprehensive services related to foreign investment, construction, production, and management, along with logistics and warehousing services [2][3]. - It operates a significant warehouse area of nearly 160,000 square meters in the Zhangjiagang Free Trade Zone, specializing in customs declaration, bonded warehousing, and logistics services [3]. Group 5: Future Plans - The company aims to expand its warehouse capacity to 500,000 square meters within five years, enhancing its position as a leading smart logistics operator for bulk commodities [3].