This report is prepared in accordance with China’s asset appraisal standards
Beijing Compass Technology Development Co.Ltd(300803)
Wangxin Securities Co., Ltd. to be invested
Total equity value of shareholders
assets valuation statement
Beifang Yashi pingbao Zi [2022] No. 01-122
March 12, 2002
catalogue
Declare that 1. Summary of asset appraisal report 3. Text of the assets appraisal report 5 I. the client, the appraised unit and other users of the appraisal report other than the client 5 II. Evaluation purpose 14 III. appraisal object and scope 14. Value type V. benchmark date of appraisal 21 VI. evaluation basis 21 VII. Evaluation method 23 VIII. Implementation process and situation of the evaluation procedure 28 IX. appraisal assumptions 29 X. appraisal conclusion 31 Xi. Description of special matters 32 XII. Description of restrictions on the use of asset appraisal report 33 XIII. Date of assets appraisal report 34 XIV. Signature of asset appraisal professionals and seal of asset appraisal institution 34 attachments 35 North Northking Information Technology Co.Ltd(002987) Yashi Assets Appraisal Office (special general partnership) address: block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
Statement
1、 The assets appraisal report is prepared in accordance with the basic standards for assets appraisal issued by the Ministry of Finance and the asset appraisal practice standards and professional ethics standards 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 the asset appraiser shall not be liable.
This asset appraisal report is only for the use of the client, other users of asset appraisal reports agreed in the asset appraisal entrustment contract and users of asset appraisal reports stipulated by laws and administrative regulations; In addition, no other institution or individual can become the user of the asset appraisal report.
The assets appraisal agency and appraisers remind the users of the assets appraisal report that they should correctly understand the appraisal conclusion. The appraisal conclusion is not equal to the realizable price of the appraisal object, and the appraisal conclusion should not be considered as a guarantee for the realizable price of the appraisal object.
3、 The asset appraisal institution and appraisers abide by laws, administrative regulations and asset appraisal standards, adhere to the principles of independence, objectivity and impartiality, and bear responsibility for the asset appraisal report issued according to law.
4、 The list of assets involved in the appraisal object shall be declared by the client and the appraised unit and confirmed by signature, seal or other means 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.
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, and there is 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. North Northking Information Technology Co.Ltd(002987) Yashi Assets Appraisal Office (special general partnership) address: block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
7、 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. North Northking Information Technology Co.Ltd(002987) Yashi Assets Appraisal Office (special general partnership) address: block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
Beijing Compass Technology Development Co.Ltd(300803)
Wangxin Securities Co., Ltd. to be invested
Total equity value of shareholders
Summary of assets appraisal report
Beifang Yashi pingbao Zi [2022] No. 01-122
North Northking Information Technology Co.Ltd(002987) ASI Asset Appraisal Office (special general partnership) accepts the entrustment of Beijing Compass Technology Development Co.Ltd(300803) and adheres to the principles of independence, objectivity and impartiality and the necessary appraisal procedures in accordance with the provisions of laws, administrative regulations and asset appraisal standards, The market value of all shareholders’ equity of Wangxin Securities Co., Ltd. (hereinafter referred to as “Wangxin securities”) on the benchmark date was evaluated. The asset appraisal report is summarized as follows:
1、 Appraisal purpose: the purpose of this appraisal is to the market value of all shareholders’ equity of Wangxin Securities Co., Ltd. involved in Beijing Compass Technology Development Co.Ltd(300803) proposed investment on the benchmark date, and to provide value reference basis for the economic behavior of Beijing Compass Technology Development Co.Ltd(300803) proposed investment.
2、 Appraisal object and scope: the appraisal object is all the shareholders’ rights and interests of Wangxin securities. The appraisal scope covers all assets and liabilities declared on the benchmark date of evaluation of Wangxin securities. Including current assets, non current assets and liabilities.
3、 Value type: market value.
4、 Benchmark date: December 31, 2021.
5、 Appraisal method: the project adopts the market method and income method.
6、 Appraisal conclusion: the appraisal result of the market method is selected as the appraisal conclusion in this appraisal report. The details are as follows: as of the benchmark date of December 31, 2021, under the premise of going concern assumption and open market assumption, the book value of the total assets is 87370816810 yuan; The book value of total liabilities is 61233664728 yuan; The book value of owner’s equity is 26137152082 yuan. After the market method is adopted, the assessed value of all shareholders’ equity is 678923700 yuan, and the assessed value added is 417552200 yuan. The address of Bei Northking Information Technology Co.Ltd(002987) ASI asset appraisal firm (special general partnership): block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
Yuan, with a value-added rate of 159.75%.
7、 Validity period of the appraisal conclusion: the validity period of the appraisal conclusion is one year from the base date of the appraisal, that is, from December 31, 2021 to December 30, 2022. If it exceeds the validity period of one year, it needs to be reassessed.
8、 Special matters affecting the evaluation conclusion: None
9、 Date of assets appraisal report: the date of this appraisal report is March 12, 2022.
The above contents are extracted from the main body of the asset appraisal report. To understand the details of the appraisal business and correctly understand the appraisal conclusion, you should read the main body of the asset appraisal report. North Northking Information Technology Co.Ltd(002987) Yashi Assets Appraisal Office (special general partnership) address: block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
Beijing Compass Technology Development Co.Ltd(300803)
Wangxin Securities Co., Ltd. to be invested
Total equity value of shareholders
Text of assets appraisal report
Beifang Yashi pingbao Zi [2022] No. 01-122
Beijing Compass Technology Development Co.Ltd(300803) ：
Bei Northking Information Technology Co.Ltd(002987) ASI Assets Appraisal Office (special general partnership) accepted the entrustment, adhered to the principles of independence, objectivity and impartiality, adopted the income method and market method, and followed the necessary appraisal procedures in accordance with the provisions of laws, administrative regulations and asset appraisal standards, Evaluated the market value of Beijing Compass Technology Development Co.Ltd(300803) proposed investment in the equity of Wangxin Securities Co., Ltd., involving the value of all shareholders’ equity of the company as of December 31, 2021. The assets appraisal is reported as follows.
1、 The client, the appraised entity and other users of the appraisal report other than the client
The client of the appraisal project is Beijing Compass Technology Development Co.Ltd(300803) , and the appraised unit is Wangxin Securities Co., Ltd.
(I) overview of the client
1. Registration information
Name: Beijing Compass Technology Development Co.Ltd(300803)
Unified social credit Code: 911101087263410239
Type: joint stock company
Address: Room 501, unit 1, building 2, courtyard 42, Qibei Road, Beiqijia Town, Changping District, Beijing
Legal representative: Leng Xiaoxiang North Northking Information Technology Co.Ltd(002987) Yashi Assets Appraisal Office (special general partnership) address: block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
Registered capital: 404999999 yuan
Date of establishment: from April 28, 2021 to no fixed term
Business scope: technology development, technical service, technical consultation and technology transfer; Computer technology training; Designing, producing, acting and publishing advertisements; Organize cultural and artistic exchange activities; Enterprise planning and design; Public relations services; Undertake exhibition activities; Conference services; Computer system services; Data processing; Basic software services and application software services; Sales of computers, software and auxiliary equipment, mechanical equipment and electronic products; Retail books, newspapers, electronic publications and audio-visual products; Securities investment consulting business; Information service business in the second category of value-added telecommunications services (only Internet information services); Operating telecommunication business; Educational consultation. (for projects approved according to law, business activities shall be carried out according to the approved contents after being approved by relevant departments).
(II) overview of the appraised unit
1. Registration information
Name: Wangxin Securities Co., Ltd. (hereinafter referred to as “Wangxin securities”)
Unified social credit Code: 91210100117700692n
Type: other limited liability companies
Registered address: No. 49, Huansheng Road, Shenhe District, Shenyang (2-5 D-K 1-3 A-K 3-5 D-K)
Legal representative: Wang Yi
Registered capital: 500 million yuan
Date of establishment: April 18, 1995
Business scope: securities brokerage; Self operated securities; Securities investment consulting; Securities investment fund sales; Securities asset management; Securities underwriting; Selling financial products on a commission basis; Securities sponsor; Financial advisers related to securities trading and securities investment activities, margin trading and securities lending. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments.).
2. Company history and shareholder structure
(1) Initial establishment
On April 21, 1988, Shenyang treasury bill circulation service company was established.
According to the spirit of the State Council’s approval of Shenyang as a pilot city for the Treasury bill circulation market, in order to invigorate the Treasury bill circulation in Shenyang, with the consent of Shenyang municipal government, Shenyang Municipal Finance Bureau has established a “Shenyang treasury bill circulation service company”, which is a public institution subordinate to Shenyang Municipal Finance Bureau to implement enterprise management, conduct independent accounting and be responsible for its own profits and losses, Gongbei Northking Information Technology Co.Ltd(002987) Yashi Assets Appraisal Office (special general partnership) address: block a, Fenghua Haojing, No. 6, Guangnei street, Xicheng District, Beijing
Tel: 01083557569 Fax: 01083543089 e-mail: [email protected]. Post code: 100053
The self owned fund of the company is 15 million yuan, which is approved and allocated by the state finance and local finance.
The company has the service and operation autonomy to independently carry out the circulation and transfer business of treasury bills, set up stores and counters by using various methods such as self trading, selling and buying on behalf of others, and participate in the Treasury bill transfer market in accordance with relevant national regulations.
(2) Name change
On September 20, 1988, the company changed its name to “Shenyang financial securities company”.
According to the spirit of reform, in order to break the restriction of name and business scope, further expand the development of the company and continuously expand the scope of financial credit, the name of the company is changed to “Shenyang financial securities company”
