Nanji E-Commerce Co.Ltd(002127) proposed acquisition
Valuation report of some trademark intangible assets held by TBH Global Co., Ltd
Zhongshui Zhiyuan ACR Zi [2021] No. 020093
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
December 20, 2012
catalogue
Declare that 1 Summary 2 text 4 I. overview of the client, property right holder and other users of the valuation report 4 II. Valuation purpose 7 III. valuation object and valuation scope 7 v. value type 16 VI. valuation base date 17 VII. Valuation basis 17 VIII. Valuation method 18 IX. valuation procedures 22 X. valuation assumptions 24 Xi. Valuation conclusion 26 XII. Description of special matters 26 XIII. Description of restrictions on the use of valuation report 29. XIV. Valuation report date 30 annexes to the report 32 Zhongshui Zhiyuan Assets Appraisal Co., Ltd
statement
1、 The client or other users of the valuation report shall use the valuation report in accordance with the provisions of laws, administrative regulations and the scope of use specified in the valuation report; If the client or other users of the valuation report use the valuation report in violation of the above provisions, the asset appraisal institution and its valuation personnel shall not be liable.
2、 The asset appraisal institution reminds the user of the valuation report to correctly understand the valuation conclusion. The valuation conclusion is not equal to the realizable price of the valuation object, and the valuation conclusion should not be considered as a guarantee for the realizable price of the valuation object.
2、 The list of assets involved in the valuation object shall be declared by the client and the property right holder and confirmed by signature, seal or other methods permitted by law; The client and other relevant parties shall be responsible for the authenticity, integrity and legitimacy of the materials provided by them according to law.
3、 The assets appraisal institution and appraisers have no existing or expected interest relationship with the valuation object in the valuation report; There is no existing or expected interest relationship with the relevant parties, and there is no prejudice against the relevant parties.
4、 The appraisers have paid necessary attention to the legal ownership of the valuation object and the assets involved, checked the legal ownership data of the valuation object and the assets involved, and truthfully disclosed the problems found.
5、 The analysis, judgment and results in the valuation report issued by the asset appraisal institution are limited by the assumptions and restrictions in the valuation report. The user of the valuation report shall fully consider the assumptions, restrictions, special matters and their impact on the valuation conclusion stated in the valuation report.
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
Nanji E-Commerce Co.Ltd(002127) proposed acquisition
Valuation report of some trademark intangible assets held by TBH Global Co., Ltd
Zhongshui Zhiyuan ACR Zi [2021] No. 020093
abstract
Zhongshui Zhiyuan Assets Appraisal Co., Ltd. has accepted the entrustment of Nanji E-Commerce Co.Ltd(002127) to appraise the market value of some trademark intangible assets held by Nanji E-Commerce Co.Ltd(002127) TBH Global Co., Ltd. on the benchmark date of September 30, 2021 in accordance with relevant laws and regulations, the principles of independence, objectivity and impartiality and necessary valuation procedures. The valuation report is summarized as follows:
1、 Valuation purpose: Nanji E-Commerce Co.Ltd(002127) intends to acquire TBH globalco, LTD has registered trademarks in Chinese mainland and Hongkong Special Administrative Region, so we need to valuate the market value of the relevant trademark exclusive rights on the base date of valuation, so as to provide value reference.
Two, valuation target and valuation range: the valuation object is Nanji E-Commerce Co.Ltd(002127) TBH GLOBAL CO., LTD's market value of trademark exclusive right registered in Chinese mainland and Hongkong Special Administrative Region. The valuation range is Nanji E-Commerce Co.Ltd(002127) TBH GLOBAL CO., which is registered by the Chinese mainland and the Hongkong Special Administrative Region. The specific scope of the registration is based on the asset valuation declaration form provided by the property holder. 3、 Value type: market value.
4、 Valuation base date: September 30, 2021.
5、 Valuation method: according to the use of the entrusted trademark, the income method and cost method are adopted for valuation respectively.
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
6、 Valuation conclusion:
On the basis of the valuation date, Nanji E-Commerce Co.Ltd(002127) intends to acquire TBH GLOBAL CO. on the basis of the relevant assumptions listed in the valuation report, and the relevant trademarks registered by LTD in Chinese mainland and Hongkong Special Administrative Region are valued at 338 million 37 thousand and 900 yuan, with a capital amount of 300 million, 300 thousand, seven thousand, nine thousand yuan.
7、 Validity period of valuation conclusion: the validity period of valuation conclusion in this report is one year, i.e. from September 30, 2021 to September 29, 2022.
8、 Special matters affecting the valuation conclusion:
1. The current valuation result does not include the value-added tax to be paid during the transaction of the entrusted trademark intangible assets.
2. When using the valuation conclusion, the user of the valuation report shall pay attention to the valuation assumptions, restrictions, special matters and their impact on the valuation conclusion in the main body of the report, and give full consideration to it when using the report.
The above contents are extracted from the text of the valuation report. To understand the details of the valuation business and correctly understand the valuation conclusion, you should read the text of the valuation report.
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
Nanji E-Commerce Co.Ltd(002127) proposed acquisition
Valuation report of some trademark intangible assets held by TBH Global Co., Ltd
Zhongshui Zhiyuan ACR Zi [2021] No. 020093
text
Nanji E-Commerce Co.Ltd(002127) ：
Zhongshui Zhiyuan Assets Appraisal Co., Ltd. has accepted the entrustment of your company to appraise the market value of some trademark intangible assets held by Nanji E-Commerce Co.Ltd(002127) tbhglobal Co., Ltd. on the benchmark date of September 30, 2021 by adopting appropriate valuation methods in accordance with relevant laws and regulations.
The valuation report is as follows: I. overview of the client, property right holder and other users of the valuation report
(i) Overview of the client
Company name: Nanji E-Commerce Co.Ltd(002127) (hereinafter referred to as " Nanji E-Commerce Co.Ltd(002127) ")
Unified social credit Code: 91320500714954842n
Registered address: 8F, Huiying building, No. 388 Dunhuang Road, Shengze Town, Wujiang District, Suzhou City, Jiangsu Province
Legal representative: Zhang Yuxiang
Registered capital: 2454870400 yuan
Company type: joint stock limited company (listed, natural person investment or holding)
Date of establishment: July 12, 1999
Business term: July 12, 1999 to no fixed term
Business scope: engaged in Internet retail and foreign trade; Foreign investment, investment management and consulting, enterprise management information consulting; E-commerce technical support and information consultation, business consultation and marketing planning; Conference services, brand design, brand management, public relations activity planning, culture and art
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
Art exchange activity planning, corporate image planning, exhibition services, photography services, cultural and educational information consulting; Shenzhen Agricultural Products Group Co.Ltd(000061) processing and sales; Development, transfer, consultation and service of network technology, information technology and textile technology; Quality management consulting and technical services; Knitwear and textiles, clothing, leather products, bags, shoes and hats, bedding, craft gifts, washing supplies, pet supplies, cosmetics, skin care supplies, photographic equipment, toys, audio equipment and equipment, labor protection supplies, metal products, furniture, household appliances, kitchen supplies, communication equipment, electronic products, water treatment and purification equipment, hardware and electricity, cultural and educational supplies Sales of office supplies, garment fabrics and garment accessories; Sales of prepackaged food (excluding refrigerated and frozen food); design, production, agency and release of various advertisements; software research and development. (for projects subject to approval according to law, business activities can be carried out only with the approval of relevant departments)
（2） Overview of property rights holders
1. Overview
Company name: TBH Global Co., Ltd (hereinafter referred to as "TBH global") Registration No.: 180111-0346204
Registered address: TBH B / D, 456, bongeunsa RO, Gangnam Gu, Seou, Korea
Legal representative: woo, Jong Wan
Registered capital: 10428.4095 million won
Company type: joint stock company
Date of establishment: January 1, 2000
Business scope: sewing garment manufacturing
（3） Overview of the user of the entrusted assets
Company name: baijiahao (Shanghai) Fashion Co., Ltd. (hereinafter referred to as "baijiahao (Shanghai)")
Unified social credit Code: 91310000765317085g
Registered address: floor 1, No. 1934, Donglu Road, China (Shanghai) pilot Free Trade Zone
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
Legal representative: Yu Zhongyu
Registered capital: USD 65.4 million
Company type: limited liability company (sole proprietorship of legal person from Hong Kong, Macao and Taiwan)
Date of establishment: July 30, 2004
Business term: July 30, 2004 to July 29, 2034
Business scope: general items: engaged in all kinds of clothing accessories, shoes and hats, daily necessities, cosmetics, socks, gloves, bags, leather products, textiles, clothing fabrics, clothing related accessories, watches Wholesale, import and export, commission agency (except auction) and retail of glasses (except contact lenses), gold and silver jewelry, jewelry (except rough diamonds and naked diamonds), handicrafts (except cultural relics, ivory and their products), wood products, hardware and electrical appliances, glass products, lamps, building decoration materials (except steel bars and cement) (limited to branch operations), online retail, catering services (limited to branch operations), garment entrusted processing, corporate image planning and consulting, convention and exhibition services, general cargo storage services (excluding projects requiring license and approval such as hazardous chemicals), China Road General cargo transportation agency (except waterway cargo transportation agency), and trademark agency. (except for the items that must be approved according to law, the company shall independently carry out business activities according to law with its business license)
（4） The relationship between the client, the property right holder and the user of the entrusted assets
The client Nanji E-Commerce Co.Ltd(002127) intends to acquire some trademarks registered by the TBH GLOBAL of the property holder, registered in the Chinese mainland and the Hongkong Special Administrative Region. As of the valuation base date, the core trademark included in the valuation scope has been authorized and licensed by the property right holder to baijiahao (Shanghai), which is a wholly-owned subsidiary of the property right holder.
（5） Users of other valuation reports
The users of this valuation report are the client, other valuation report users agreed in the valuation entrustment contract and valuation report users specified by laws and administrative regulations.
Unless otherwise provided by national laws and regulations, any institution or individual that has not been confirmed by the asset valuation institution and the client cannot become the user of the valuation report due to the receipt of the valuation report.
Zhongshui Zhiyuan Assets Appraisal Co., Ltd
2、 Valuation purpose
Nanji E-Commerce Co.Ltd(002127) intends to acquire TBH GLOBAL held in the Chinese mainland and the Hongkong Special Administrative Region.
For some registered trademarks, the exclusive right of relevant trademarks involved shall be applied to the market on the valuation base date
Value to provide value reference.
3、 Valuation object and valuation scope
(i) Valuation object
The valuation object of the project is TBH global held by Nanji E-Commerce Co.Ltd(002127) to be acquired in China
The market value of the exclusive right to use some trademarks registered in the mainland and the Hong Kong Special Administrative Region.
（2） Valuation range
The valuation scope of the project is Nanji E-Commerce Co.Ltd(002127) TBH global held in China
The specific scope of some trademarks registered in the mainland and Hong Kong Special Administrative Region is shown in the table below:
Preface content or name pattern registration region trademark registration type registration date expiration date legal status number
1BASIC HOUSE Chinese mainland 3035475182003/2/72023/2/6 trademark renewal
2BASIC HOUSE
