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Group 1 - Shanghai Ribao Information Technology Co., Ltd. has been established with a registered capital of 2 million yuan [1] - The legal representative of the company is Wang Weiping [1] - The business scope includes technology services, advertising design and agency, information consulting services, and various retail and wholesale activities [1] Group 2 - The company is wholly owned by Ribao Fashion [1]

Core Viewpoint - The report presents an asset evaluation for the proposed equity transfer of Guangzhou Yuansheng Information Technology Co., Ltd, indicating a market value of RMB -9.4918 million for the shareholders' equity as of December 31, 2024, with an increase in value of RMB 7.2674 million compared to the book value [4][5][16]. Group 1: Evaluation Purpose and Scope - The purpose of the evaluation is to provide a value reference for the equity transfer of shareholders in Guangzhou Yuansheng Information Technology Co., Ltd [4][16]. - The evaluation object includes all shareholders' equity of Guangzhou Yuansheng Information Technology Co., Ltd, and the evaluation scope encompasses all assets and liabilities as of the evaluation benchmark date [4][16]. Group 2: Evaluation Method and Results - The evaluation method employed is the asset-based approach, and the market value of the shareholders' equity is determined to be RMB -9.4918 million [4][16]. - The book value of the shareholders' equity is reported at RMB -16.7592 million, resulting in an evaluation increase of RMB 7.2674 million [4][16]. Group 3: Company Overview - Guangzhou Yuansheng Information Technology Co., Ltd was established on December 20, 2011, with a registered capital of RMB 24.39 million, focusing on digital solutions for critical information infrastructure [6][13]. - The company is recognized as a high-tech enterprise and specializes in various products, including industrial security systems and software solutions [13][14]. Group 4: Financial Performance - The financial performance for the years ending December 31, 2022, 2023, and 2024 shows total assets of RMB 74.1655 million, RMB 80.2682 million, and RMB 80.6551 million respectively, with total liabilities increasing from RMB 69.4119 million to RMB 97.4544 million [14][20]. - The net profit for the years 2022, 2023, and 2024 is reported as RMB -9.2756 million, RMB -6.4466 million, and RMB -11.6917 million respectively, indicating a downward trend in profitability [14][20].