This report is prepared in accordance with China’s asset appraisal standards
Proposed transferee
Held by Liaoning Bora Enterprise Group Co., Ltd
Assets appraisal report on subscribed capital contribution right and capital increase project of Liaoning Bora new materials Co., Ltd
Lzlpbz [2021] No. 1219
Liaoning Zhonglian Assets Appraisal Co., Ltd
September 28, 2001
Assets appraisal report of Liaoning Bora new materials Co., Ltd
catalogue
Declare that 1 Summary three
Asset appraisal report 5 I. overview of the client, the appraised unit and other users of the asset appraisal report agreed in the asset appraisal entrustment contract 5 II. Evaluation purpose 9 III. appraisal object and scope 9 IV. value type V. benchmark date of appraisal 11 VI. evaluation basis 11 VII. Evaluation method 15 VIII. Implementation process and situation of the evaluation procedure 21 IX. appraisal assumptions 22 X. appraisal conclusion 23 Xi. Description of special matters 26 XII. Description of restrictions on the use of asset appraisal report 28 XIII. Date of assets appraisal report 29 attachments 31 Liaoning Zhonglian Assets Appraisal Co., Ltd
Assets appraisal report of Liaoning Bora new materials Co., Ltd
Statement
1、 The assets appraisal report is prepared in accordance with the basic standards for assets appraisal issued by the Ministry of finance, the practice standards for assets appraisal and the professional ethics standards for assets appraisal issued by China Assets Appraisal Association.
2、 The client or other users of the asset appraisal report shall use the asset appraisal report in accordance with the provisions of laws, administrative regulations and the scope of use specified in the asset appraisal report; If the client or other users of the asset appraisal report use the asset appraisal report in violation of the above provisions, the asset appraisal institution and its asset appraisal professionals shall not be liable.
The asset appraisal report can only be used by the client, other users of the asset appraisal report agreed in the asset appraisal entrustment contract and users of the asset appraisal report stipulated by laws and administrative regulations; In addition, no other institution or individual can become the user of the asset appraisal report.
The user of the asset appraisal report shall correctly understand and use the appraisal conclusion. The appraisal conclusion is not equal to the realizable price of the appraisal object, and the appraisal conclusion shall not be regarded as a guarantee for the realizable price of the appraisal object.
3、 The analysis, judgment and results in the asset appraisal report issued by the asset appraisal institution are limited by the assumptions and restrictions in the asset appraisal report. The user of the asset appraisal report shall fully consider the assumptions, restrictions and special matters stated in the asset appraisal report and their impact on the appraisal conclusion.
4、 The authenticity, legality and completeness of the information provided by the client are the premise for the effectiveness of the appraisal conclusion. The list of assets and liabilities included in the scope of appraisal has been declared by the client and the appraised unit and confirmed by sealing or other means.
5、 The assets appraisal institution and appraiser have no existing or expected interest relationship with the appraisal object in the assets appraisal report; There is no existing or expected interest relationship with the relevant parties
Liaoning Zhonglian Assets Appraisal Co., Ltd. page 1
Assets appraisal report of Liaoning Bora new materials Co., Ltd
No prejudice against the relevant parties.
6、 The asset appraiser has conducted on-site investigation on the appraisal object and the assets involved in the asset appraisal report; Necessary attention has been paid to the legal ownership of the appraisal object and the assets involved, the legal ownership data of the appraisal object and the assets involved have been checked, the problems found have been truthfully disclosed, and the client and other relevant parties have been requested to improve the property rights to meet the requirements of issuing the asset appraisal report.
7、 The asset appraisal institution and its asset appraisal professionals shall abide by laws, administrative regulations and asset appraisal standards, adhere to the principles of independence, objectivity and impartiality, and be responsible for the asset appraisal report issued according to law.
Liaoning Zhonglian Assets Appraisal Co., Ltd. page 2
Assets appraisal report of Liaoning Bora new materials Co., Ltd
Kingfa Sci.& Tech.Co.Ltd(600143) proposed transferee
Held by Liaoning Bora Enterprise Group Co., Ltd
Assets appraisal report on subscribed capital contribution right and capital increase project of Liaoning Bora new materials Co., Ltd
Lzlpbz [2021] No. 1219
Abstract
Liaoning Zhonglian Assets Appraisal Co., Ltd. has accepted the entrustment of Kingfa Sci.& Tech.Co.Ltd(600143) , Liaoning Bora Enterprise Group Co., Ltd., Panjin Xinhai Construction Engineering Co., Ltd. and Liaoning Bora new materials Co., Ltd. for the economic behavior of Kingfa Sci.& Tech.Co.Ltd(600143) proposed transfer of the subscribed capital contribution right and capital increase of Liaoning Bora new materials Co., Ltd. held by Liaoning Bora Enterprise Group Co., Ltd, The market value of all shareholders’ equity of Liaoning Bora New Material Co., Ltd. on the benchmark date was evaluated.
The appraisal object is all the shareholders’ equity of Liaoning Bora New Material Co., Ltd. the scope of appraisal is all the audited assets and liabilities of Liaoning Bora New Material Co., Ltd., including current assets, non current assets and corresponding liabilities.
The benchmark date is June 30, 2021.
The value type of this appraisal is market value.
On the premise of continuous use and open market, combined with the actual situation of the appraised object and comprehensively considering various influencing factors, this appraisal adopts the asset-based method to conduct the overall appraisal and determine the appraisal results.
Through the implementation of the appraisal procedures such as inventory verification, on-site investigation, market investigation and confirmation, evaluation and estimation, it is concluded that the total equity of shareholders of Liaoning Bora new materials Co., Ltd. is on the benchmark date of June 2021
Liaoning Zhonglian Assets Appraisal Co., Ltd. page 3
Assets appraisal report of Liaoning Bora new materials Co., Ltd
The assessment conclusions on June 30 are as follows:
The book value of all shareholders’ equity is 1494580900 yuan, the assessed value is 1562681400 yuan, the assessed value-added is 681005 million yuan, and the appreciation rate is 4.56%.
In this appraisal report, the appraisers did not consider the impact of equity liquidity on the appraisal results.
When using the appraisal conclusion, users of the report are specially reminded to pay attention to the special matters specified in the report and major matters in the future.
1、 Major subsequent events
(I) on August 13, 2021, Liaoning Bora New Material Co., Ltd. obtained the certificate of Panjin City
The change of business license shall be approved and registered by the Administration for Industry and commerce, and the change of business license shall be completed. After the change, the legal representative is Liu Tuanjie; The registered capital is RMB 3.68 billion yuan only; The investors are Kingfa Sci.& Tech.Co.Ltd(600143) , Liaoning Bora Enterprise Group Co., Ltd. and Panjin Xinhai Construction Engineering Co., Ltd.
(II) the appraised unit has the following post litigation matters, as shown in the table below:
Does the sequence exist
No. plaintiff (applicant) defendant (respondent) prosecution date, cause of action and progress of litigation amount third remarks outside the case
people
Liaoning Bora new material Shenyang Zhongchen steel structure engineering payment has been filed and is scheduled to
1. On August 16, 2021, the contract dispute of Cheng Co., Ltd. was 1162287635 yuan. There was no prepayment in October 2021, and the court session was held on October 11.
The impact of litigation matters after the appraisal period on the appraisal results is not considered in this appraisal.
According to the relevant laws and regulations on asset appraisal, the asset appraisal report involving legal appraisal business must be used after the client performs the asset appraisal supervision and management procedures in accordance with the requirements of laws and regulations. Evaluation conclusion
If the use is valid for one year, i.e. from June 30, 2021 to June 29, 2022
Effective.
The above contents are extracted from the main body of the assets appraisal report. If you want to know the details of the appraisal project and correctly understand the appraisal conclusion, you should read the full text of the assets appraisal report.
Liaoning Zhonglian Assets Appraisal Co., Ltd. page 4
Assets appraisal report of Liaoning Bora new materials Co., Ltd
Proposed transferee
Held by Liaoning Bora Enterprise Group Co., Ltd
Assets appraisal report on subscribed capital contribution right and capital increase project of Liaoning Bora new materials Co., Ltd
Lzlpbz [2021] No. 1219
Kingfa Sci.& Tech.Co.Ltd(600143) : Liaoning Bora Enterprise Group Co., Ltd.: Panjin Xinhai Construction Engineering Co., Ltd.: Liaoning Bora new materials Co., Ltd.:
Liaoning Zhonglian Assets Appraisal Co., Ltd. accepts the entrustment of your company, adheres to the principles of independence, objectivity and impartiality, adopts the asset-based method and follows the necessary appraisal procedures in accordance with the provisions of laws, administrative regulations and asset appraisal standards, The market value of all shareholders’ rights and interests of Liaoning Bora new materials Co., Ltd. involved in the economic behavior of Kingfa Sci.& Tech.Co.Ltd(600143) intending to transfer the subscribed capital contribution right and capital increase of Liaoning Bora new materials Co., Ltd. held by Liaoning Bora Enterprise Group Co., Ltd. on the benchmark date was evaluated. The assessment is now reported as follows:
1、 Overview of the client, the appraised entity and other users of the asset appraisal report agreed in the asset appraisal entrustment contract
The entrusting parties for the current assets appraisal are Kingfa Sci.& Tech.Co.Ltd(600143) , Liaoning Bora Enterprise Group Co., Ltd., Panjin Xinhai Construction Engineering Co., Ltd. and Liaoning Bora new materials Co., Ltd. the appraised unit is Liaoning Bora new materials Co., Ltd.
(I) overview of the client
Name: Kingfa Sci.& Tech.Co.Ltd(600143)
Liaoning Zhonglian Assets Appraisal Co., Ltd. page 5
Assets appraisal report of Liaoning Bora new materials Co., Ltd
Type: joint stock limited company (listed, natural person investment or holding)
Address: No. 33 Kefeng Road, Science City, high tech Industrial Development Zone, Guangzhou
Legal representative: Yuan Zhimin
Registered capital: two billion five hundred seventy-three million six hundred and twenty-two thousand three hundred and forty-three yuan (RMB) date of establishment: May 26, 1993
Business term: May 26, 1993 to long term
Unified social credit Code: 91440101618607269r
(II) overview of client II
Name: Liaoning Bora Enterprise Group Co., Ltd
Type: limited liability company (wholly owned by foreign legal person)
Address: LiaoBin Economic Zone, Panjin
Legal representative: Wang Jun
Registered capital: RMB 655 million one hundred and fifty thousand only
Date of establishment: September 13, 2005
Business term: September 13, 2005 to August 15, 2037
Unified social credit Code: 9121110076832546×6
(III) overview of the client
Name: Panjin Xinhai Construction Engineering Co., Ltd
Type: limited liability company
