Group 1 - The audit report indicates that the simulated financial statements of Jiangxi Runtian Industrial Co., Ltd. fairly reflect its financial position and operating results as of April 30, 2025, and for the periods ending December 31, 2024, and December 31, 2023 [1][2] - The simulated financial statements were prepared to meet the requirements of the restructuring transaction involving Guolv Cultural Investment Group Co., Ltd., and may not be suitable for other purposes [2][3] - The management of Runtian Industrial is responsible for the preparation of the simulated financial statements in accordance with accounting standards, ensuring that they fairly reflect the company's financial condition [2][3] Group 2 - The company was established in October 2014 and transformed from a non-listed company to a limited liability company in March 2016, with a registered capital of RMB 205 million [5][6] - The main business of the company includes the production and sale of packaged drinking water, with products such as purified water and mineral water [5][6] - As of April 30, 2025, the company's shareholding structure includes Jiangxi Maitong holding 51%, Runtian Asset Management holding 24.7%, and Jinkai Capital holding 24.3% [5][6] Group 3 - The company plans to distribute cash dividends totaling RMB 80 million to its shareholders before the completion of the restructuring transaction [6][7] - The financial statements are prepared based on the assumption of going concern, indicating that the company has the ability to continue its operations for at least 12 months from April 30, 2025 [6][7] - The company adheres to the accounting policies and estimates as per the enterprise accounting standards, ensuring that the financial statements accurately reflect its financial performance [6][7]

Core Viewpoint - The company is responding to an inquiry regarding a significant asset purchase, detailing the rationale for using simulated financial statements and the adjustments made to reflect the financial status post-restructuring [1][2][3]. Group 1: Reasons for Using Simulated Financial Statements - The company plans to pay a restructuring investment of CNY 650,768.80 million to participate in the substantive merger and restructuring of related enterprises [1]. - The simulated financial statements are necessary to understand the asset-liability situation of the target company after restructuring and to assess its equity value as of March 31, 2025 [1][2]. - The simulated financial statements are also the basis for preparing the consolidated financial statements for the year [2]. Group 2: Differences Between Simulated and Original Financial Statements - The simulated financial statements are based on the audited original financial statements for the first quarter of 2025 and the year 2024, adjusted for the impacts of the restructuring plan [3][4]. - Key differences include adjustments in current assets, liabilities, and equity, reflecting the restructuring's financial implications [4][5][6]. - The simulated financial statements accurately reflect the financial status and operational results under the assumed conditions [3][4]. Group 3: Asset Transfer and Separation Process - The company has completed the necessary approval procedures for the asset transfer and separation of ten companies held through proxy [9][10]. - The asset transfer involves direct transfer of the equity of the ten proxy companies, with their corresponding assets and liabilities being transferred along with the equity [10][11]. - The ownership of the assets is clear, and the business operations are independent and complete after the separation [12][13]. Group 4: Accounting Treatment of Asset Transfer - The equity investments in the ten proxy companies have been derecognized and accounted for as other receivables, with the expected realizable disposal gains reflected in the financial statements [13][14]. - The transfer of equity has been confirmed, and the company has received the transfer payment, completing the separation process [14]. - The restructuring and asset transfer do not affect the evaluation results or the transaction pricing [13][14].

Group 1 - The audit report indicates that the simulated financial statements of Nanjing Huangpu Hotel Co., Ltd. fairly reflect its financial position and operating results as of March 31, 2025, and for the years ended December 31, 2024, and December 31, 2023 [1][2][3] - The management of the company is responsible for preparing the simulated financial statements in accordance with accounting standards and ensuring that they provide a fair representation [2][4] - The audit firm has conducted the audit in accordance with Chinese auditing standards and believes that sufficient and appropriate audit evidence has been obtained to support the audit opinion [1][3][4] Group 2 - The simulated financial statements are prepared for the purpose of reporting to relevant regulatory authorities and are not intended for other uses [2][6] - The company was established on September 12, 2002, with a registered capital of RMB 13.848759 million and operates in the accommodation and catering industry [5][6] - The financial report was approved by the management on July 25, 2025 [6] Group 3 - The company has undergone a share transfer of Huachun Hotel Management Co., Ltd. to better reflect its financial status after the transfer [6][7] - The financial statements are based on the going concern assumption, and the management is responsible for assessing the company's ability to continue as a going concern [4][6] - The company’s accounting policies comply with the requirements of the accounting standards and reflect its financial condition, operating results, and cash flows [6][7]