The assets appraisal report is prepared in accordance with China’s assets appraisal standards
Guanglian Aviation Industry Co.Ltd(300900)
Goodwill impairment test to be conducted
Chengdu Hangxin Aviation Equipment Technology Co., Ltd
Recoverable amount of asset group including goodwill
assets valuation statement
Walkson international pingbao Zi (2022) No. 0211
(Volume 1 of 1)
Walkson (Beijing) International Assets Appraisal Co., Ltd
March 10, 2002
catalogue
Asset appraisal report · statement 2. Asset appraisal report · summary 3. Asset appraisal report · text five
1、 Use of assets by appraisers and other appraisers five
2、 Evaluation purpose six
3、 Evaluation object and scope six
4、 Value type seven
5、 Appraisal base date seven
6、 Evaluation basis seven
7、 Evaluation method nine
8、 Evaluation procedure implementation process and situation eleven
9、 Assessment assumptions twelve
10、 Assessment conclusion fourteen
11、 Special notes fourteen
12、 Description of restrictions on the use of evaluation report sixteen
13、 Evaluation report date 17. Asset appraisal report · appendix nineteen
Walkson (Beijing) International Assets Appraisal Co., Ltd. Tel: (8610) 52596085 Fax: (8610) 88019300 address: 1, floor 3, building 8, foreign culture and creativity Park, Haidian District, Beijing (100044)
Asset appraisal report and statement
1、 The assets appraisal report is prepared in accordance with the accounting standards for business enterprises, 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 its asset appraisal professionals shall not be liable.
3、 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.
4、 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.
5、 The user of the asset appraisal report shall pay attention to the assumptions for the establishment of the appraisal conclusion, the description of special matters in the asset appraisal report and the use restrictions.
6、 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.
Walkson (Beijing) International Assets Appraisal Co., Ltd. Tel.: (8610) 52596085 Fax: (8610) 88019300 address: 2 / F (100044), building 8, foreign culture and creativity Park, Haidian District, Beijing
Guanglian Aviation Industry Co.Ltd(300900)
Goodwill impairment test to be conducted
Chengdu Hangxin Aviation Equipment Technology Co., Ltd
Recoverable amount of asset group including goodwill
Asset appraisal report · summary
Walkson international pingbao Zi (2022) No. 0211
Guanglian Aviation Industry Co.Ltd(300900) ：
As entrusted by your company, walkson (Beijing) International Assets Appraisal Co., Ltd. adheres to the principles of independence, objectivity and impartiality and follows the necessary appraisal procedures in accordance with the laws, administrative regulations, accounting standards for business enterprises and asset appraisal standards, The recoverable amount of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. including goodwill involved in Guanglian Aviation Industry Co.Ltd(300900) proposed goodwill impairment test was evaluated on December 31, 2021. The assets appraisal and appraisal results are summarized as follows:
1、 Evaluation purpose
According to paragraph 2 of Article 4 and paragraph 1 of Article 23 of the accounting standards for Business Enterprises No. 8 – asset impairment, according to the business entrustment contract signed with the client, this asset appraisal is to evaluate the recoverable amount of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. including goodwill asset group involved in Guanglian Aviation Industry Co.Ltd(300900) proposed goodwill impairment test, Provide value reference basis for Guanglian Aviation Industry Co.Ltd(300900) reasonably judging the amount of goodwill impairment in the consolidated accounting statements.
2、 Evaluation object and scope
The current assets appraisal object is the asset group of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. including goodwill involved in Guanglian Aviation Industry Co.Ltd(300900) proposed goodwill impairment test; The appraisal scope refers to all assets of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. including goodwill on the benchmark date for the purpose of goodwill impairment test declared by the client.
3、 Value type
Walkson (Beijing) International Assets Appraisal Co., Ltd. Tel.: (8610) 52596085 Fax: (8610) 88019300 address: 3 / F (100044), building 8, foreign culture and creativity Park, Haidian District, Beijing
Recoverable amount.
4、 Appraisal base date
December 31, 2021.
5、 Evaluation method
Present value of estimated future cash flow.
6、 Evaluation conclusion and validity period
As of the benchmark date of December 31, 2021, the book value of the asset group including goodwill of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. included in the appraisal scope is 453025600 yuan, and the recoverable amount of the asset group including goodwill of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. is no less than 466361800 yuan.
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.
The validity period of the appraisal conclusion is one year from the benchmark date of December 31, 2021 to December 30, 2022. In addition to the special matters disclosed in this report, after the date of issuance of the report and within the validity period of use, if there is no significant change affecting the operating status of the asset group containing goodwill, the evaluation conclusion is valid within the validity period of use.
The above contents are extracted from the main body of the appraisal report. To understand the details of the appraisal project and correctly understand the appraisal conclusion, you should read the main body of the appraisal report.
Walkson (Beijing) International Assets Appraisal Co., Ltd. Tel.: (8610) 52596085 Fax: (8610) 88019300 address: 4 / F (100044), building 8, foreign culture and creativity Park, Haidian District, Beijing
Guanglian Aviation Industry Co.Ltd(300900)
Goodwill impairment test to be conducted
Chengdu Hangxin Aviation Equipment Technology Co., Ltd
Recoverable amount of asset group including goodwill
Asset appraisal report · text
Walkson international pingbao Zi (2022) No. 0211
Guanglian Aviation Industry Co.Ltd(300900) ：
As entrusted by your company, walkson (Beijing) International Assets Appraisal Co., Ltd. adheres to the principles of independence, objectivity and impartiality and follows the necessary appraisal procedures in accordance with the laws, administrative regulations, accounting standards for business enterprises and asset appraisal standards, The recoverable amount of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. including goodwill involved in Guanglian Aviation Industry Co.Ltd(300900) proposed goodwill impairment test was evaluated on December 31, 2021. The assets appraisal is reported as follows:
1、 Clients and users of other asset appraisal reports
(I) client
Company name: Guanglian Aviation Industry Co.Ltd(300900)
Legal address: No. 3, Hanan Third Road, core area of Hanan industrial new town, Harbin
Legal representative: Wang zengduo
Registered capital: 210.24 million yuan
Business scope: development, production, sales, maintenance and related technical services of aircraft sections, aircraft parts, aircraft interiors, aircraft airborne equipment and ground equipment, gas turbine parts, satellite parts, industrial Siasun Robot&Automation Co.Ltd(300024) , mechanical and electrical equipment, automation equipment, automation system and automation production line; Development, production, sales, maintenance and related technical services of process equipment, molds, fixtures and composite products; Development, production, sales, maintenance and related technical services of mechanical parts; Machining, sheet metal, metal surface treatment and heat treatment; Design of aircraft, aircraft engines, spacecraft, spacecraft parts and related equipment
Walkson (Beijing) International Assets Appraisal Co., Ltd. Tel.: (8610) 52596085 Fax: (8610) 88019300 manufacturing, maintenance, installation, modification, sales and related technical services (operation can only be carried out after obtaining relevant licenses or qualifications); Design, manufacture, maintenance, modification, sales and related technical services of ships, marine supporting equipment and AIDS to navigation equipment (except for the above projects prohibited by the state from overcapacity); Rental of self owned houses; Computer software development and related technical services; Technical consultation, technology development, technical services, technology promotion and technology transfer; Import and export of goods and technology. Civil aircraft manufacturing and maintenance.
(II) users of the report outside the asset appraisal entrustment contract
In addition to the client agreed in the asset appraisal entrustment contract, the users of the appraisal report stipulated by national laws and administrative regulations can use the asset appraisal report to perform relevant duties.
2、 Evaluation purpose
Article 4 of the accounting standards for Business Enterprises No. 8 – impairment of assets, “an enterprise shall judge whether there are signs of possible impairment of assets on the balance sheet date. For goodwill and intangible assets with uncertain service life formed by business combination, whether there are signs of impairment or not, impairment test shall be conducted every year.”
According to the business contract signed with the client, this assets appraisal is to evaluate the recoverable amount of Chengdu Hangxin Aviation Equipment Technology Co., Ltd. including goodwill asset group involved in Guanglian Aviation Industry Co.Ltd(300900) proposed goodwill impairment test, so as to provide value reference for Guanglian Aviation Industry Co.Ltd(300900) reasonably judging the amount of goodwill impairment
3、 Evaluation object and scope
(I) appraisal object
The evaluation object of this goodwill impairment test and evaluation is the asset group containing goodwill.
(II) scope of assessment
The scope of evaluation refers to all assets of the goodwill asset group on the base date of evaluation involved in the purpose of goodwill impairment test declared by the client.
As of the benchmark date of December 31, 2021, the book value of the asset group that is consistent with the criteria of the consolidated statements of enterprises and included in the evaluation scope and includes goodwill is 453025600 yuan. The book value of various assets within the evaluation scope is shown in the following table:
Walkson (Beijing) International Assets Appraisal Co., Ltd. Tel.: (8610) 52596085 Fax: (8610) 88019300
Unit: RMB 10000
Book value of asset group including goodwill
Fixed assets 722226
Intangible assets 29.47
Long term deferred expenses
