Hainan Yatai Industrial Developent Co.Ltd(000691) : asset evaluation report of goodwill containing asset group formed by Gansu Hainan Yatai Industrial Developent Co.Ltd(000691) Development Co., Ltd.’s merger and acquisition of fine chemical business of Cangzhou Lingang Yanuo Chemical Co., Ltd

Hainan Yatai Industrial Developent Co.Ltd(000691) : the asset evaluation report of the goodwill containing asset group formed by the company’s merger and acquisition of the fine chemical business of Cangzhou Lingang Yanuo Chemical Co., Ltd. involved in the impairment test of Gansu Hainan Yatai Industrial Developent Co.Ltd(000691) Development Co., Ltd. I. The asset evaluation report is based on the basic criteria for asset evaluation issued by the Ministry of finance Preparation of accounting standards related to goodwill impairment test and asset appraisal practice standards and professional ethics standards issued by China Asset 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

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