Core Viewpoint - Beijing Hailanxin Data Technology Co., Ltd. plans to issue shares and pay cash to acquire 100% equity of Hainan Hailan Huanyu Ocean Information Technology Co., Ltd. The asset evaluation report indicates a significant increase in the market value of the target company’s equity as of March 31, 2025, with a valuation of 1.05062 billion yuan, reflecting a substantial appreciation from its book value [4][6]. Group 1: Evaluation Purpose and Methodology - The evaluation aims to assess the market value of Hainan Hailan Huanyu Ocean Information Technology Co., Ltd. as part of the acquisition process by Beijing Hailanxin Data Technology Co., Ltd. [4] - The evaluation methods employed include the asset-based approach and the income approach, ensuring a comprehensive assessment of the target company's value [5]. Group 2: Evaluation Results - As of March 31, 2025, the book value of the equity attributable to the parent company of Hainan Hailan Huanyu Ocean Information Technology Co., Ltd. is reported at 194.9642 million yuan, while the assessed value of the total equity is 1.0506206 billion yuan, resulting in an appreciation of 855.6564 million yuan, which corresponds to an increase rate of 438.88% [5][6]. - The assessed value of the equity under the parent company’s scope is 1.0506206 billion yuan, with an appreciation of 824.6052 million yuan, reflecting a growth rate of 364.84% [6]. Group 3: Validity and Special Considerations - The evaluation conclusion is valid for one year from the assessment base date, March 31, 2025, until March 30, 2026, provided that there are no significant changes in the business environment affecting the operational status of the evaluated entity [6][7]. - Special considerations regarding guarantees, leases, and contingent liabilities related to the evaluated entity are noted, emphasizing the importance of understanding these factors in the context of the evaluation [7][8].