Core Points - Dongguan Aniu Waste Material Co., Ltd. has been established with a registered capital of 10,000 RMB [1] - The legal representative of the company is Yu Guoping [1] - The company's business scope includes soil pollution treatment and remediation services, metal cutting processing services, resource recycling technology research and development, and various sales of metal and plastic products [1] Business Scope - The company is involved in soil pollution governance and remediation services [1] - It offers metal cutting processing services and resource recycling technology R&D [1] - The company provides consulting services for resource recycling and engages in the sales of magnetic materials, metal products, and various other goods [1]

Core Viewpoint - Ningbo Yongde Environmental Development Co., Ltd. plans to acquire equity in Shaoxing Huaxin Environmental Technology Co., Ltd., necessitating an assessment of the total equity value of Huaxin Environmental [1][2]. Group 1: Assessment Overview - The assessment is based on the basic principles of asset evaluation published by the Ministry of Finance and the professional standards set by the China Asset Appraisal Association [1]. - The purpose of the assessment is to provide a reference for the total equity value of Huaxin Environmental in relation to the acquisition [2][3]. - The assessment date is set for June 30, 2025, and the assessed value is determined using the asset-based method and income method [2][6]. Group 2: Financial Data - The assessed value of Huaxin Environmental's total equity is approximately 169.28 million yuan, representing an increase of 7.72 million yuan or a growth rate of 4.78% compared to the book value of 161.56 million yuan [2]. - As of June 30, 2025, the total assets and liabilities of Huaxin Environmental are reported as 189.41 million yuan and 27.85 million yuan, respectively [3][4]. Group 3: Company Background - Huaxin Environmental was established on June 21, 2005, with an initial registered capital of 1.5 million yuan, which has increased to 30 million yuan as of the assessment date [3][4]. - The company specializes in the treatment and disposal of hazardous waste, holding various operational licenses, including those for industrial hazardous waste and medical waste [3][4]. Group 4: Asset Evaluation Methodology - The asset-based method is used to evaluate the total equity value, focusing on the balance sheet's assets and liabilities [6][9]. - The income method is also applicable due to the predictability of future earnings and the ability to estimate the corresponding discount rate [6][11]. - The assessment includes both recorded and unrecorded assets, such as patents and office equipment, which are factored into the overall valuation [4][10].

Group 1 - The closing price of Huasheng Group on July 31 was 8.39 yuan, down 1.06% from the previous trading day [1] - The trading volume on that day was 130 million yuan, with a turnover rate of 2.26%, and a total market capitalization of 5.737 billion yuan [1] - Huasheng Group primarily engages in engineering consulting services and is a significant provider of infrastructure construction services in Jiangsu Province, covering areas such as planning consulting, surveying design, and engineering supervision [1] Group 2 - Recently, Huasheng Group established a wholly-owned subsidiary, Jiangsu Huasheng Surveying Technology Co., Ltd., with a registered capital of 10 million yuan [1] - The new company's business scope includes artificial intelligence public data platforms and soil pollution治理与修复服务 [1] - On July 31, the net outflow of main funds was 1.7623 million yuan, accounting for 0.03% of the circulating market value [1]