This report is prepared in accordance with China’s asset appraisal standards
Wuxi Hodgen Technology Co.Ltd(300279) proposed shares
Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets
Total equity value of shareholders
assets valuation statement
Bei Fang Ya Shi Ping Bao Zi [2022] No. 01-364
(Volume 1 of 3)
April 18, 2002
General catalogue
Volume I asset appraisal report on the value of all shareholders’ equity of Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets by Wuxi Hodgen Technology Co.Ltd(300279) proposed issuance of shares
Volume II detailed statement of assets appraisal of all equity value projects of shareholders of Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets by Wuxi Hodgen Technology Co.Ltd(300279) proposed issuance of shares
Volume III asset appraisal description of all equity value projects of shareholders of Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets by Wuxi Hodgen Technology Co.Ltd(300279) proposed issuance of shares
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
Contents of appraisal report in this volume
Declare that 1. Summary of asset appraisal report 2. Text of the assets appraisal report 4 I. overview of the client, the appraised unit and other users of the asset appraisal report agreed in the asset appraisal entrustment contract 4 II. Evaluation purpose 12 III. appraisal object and scope 12 IV. value type V. benchmark date of appraisal 17 VI. evaluation basis 17 VII. Evaluation method 20 VIII. Implementation process and situation of the evaluation procedure 34 IX. appraisal assumptions 36 X. appraisal conclusion 37 Xi. Description of special matters 39 XII. Description of restrictions on the use of the appraisal report 40 XIII. Date of assets appraisal report XIV. Signature of asset appraisal professionals and seal of asset appraisal institution 41 annex to the assets appraisal report 42 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
(I) 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.
(II) 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.
(III) 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.
(IV) 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. (V) the user of the asset appraisal report shall pay attention to the assumptions and premises of the appraisal conclusion, the description of special matters in the asset appraisal report and the use restrictions.
(VI) 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 bear responsibility for the asset appraisal report issued according to law. 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
Wuxi Hodgen Technology Co.Ltd(300279) proposed shares
Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets
Total equity value of shareholders
Summary of assets appraisal report
Beifang Yashi pingbao Zi [2022] No. 01-364
Bei Northking Information Technology Co.Ltd(002987) ASI Assets Appraisal Office (special general partnership) accepts the entrustment of Wuxi Hodgen Technology Co.Ltd(300279) and adheres to the principles of independence, objectivity and impartiality in accordance with the provisions of laws and administrative regulations, adopts the asset based method and income method, and follows the necessary appraisal procedures, The market value of all shareholders’ equity of Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets by issuing shares to be issued by Wuxi Hodgen Technology Co.Ltd(300279) is evaluated on December 31, 2021. The summary of the appraisal report is as follows:
1、 Appraisal purpose: according to the resolution of the third meeting of the Fifth Board of directors of Wuxi Hodgen Technology Co.Ltd(300279) on March 31, 2022, Wuxi Hodgen Technology Co.Ltd(300279) plans to issue shares to purchase assets. Therefore, it is necessary to evaluate the value of all the equity of the shareholders of Wuxi Hejing Intelligent Technology Co., Ltd., so as to provide value reference for Wuxi Hodgen Technology Co.Ltd(300279) to carry out the above economic acts.
2、 Appraisal object and scope: the appraisal object is the value of all shareholders’ equity of Wuxi Hejing Intelligent Technology Co., Ltd. The appraisal scope covers all assets and related liabilities of Wuxi Hejing Intelligent Technology Co., Ltd. Specifically include: current assets, non current assets (long-term equity investment, fixed assets, construction in progress, intangible assets, deferred income tax assets, long-term deferred expenses, etc.), current liabilities and non current liabilities.
3、 Value type: market value.
4、 Benchmark date: December 31, 2021.
5、 Appraisal methods: asset based method and income method
6、 Assessment conclusion:
The current appraisal adopts the asset-based method, and the appraisal result is taken as 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
The book value of the total assets on the benchmark date is 21673718 million yuan, the appraisal value is 22788068 million yuan, the added value is 111435 million yuan, and the added value rate is 5.14%; The book value of total liabilities is 14446347 million yuan, and the assessed value is 14446347 million yuan, with no increase or impairment; The book value of all shareholders’ equity is 72273700 yuan, the assessed value of all shareholders’ equity is 834172100 yuan, the added value is 111435100 yuan, and the added value rate is 15.42%.
The specific appraisal results of asset-based method are shown in the following summary of appraisal results:
Summary of asset based appraisal results
Benchmark date of appraisal: December 31, 2021 monetary unit: RMB 10000
Increase / decrease rate of project book value evaluation value%
A B C=B-A D=C/A × 100%
Current assets 11773670517876266139561 0.79
Non current assets 239370134911802974789 24.76
Including: long-term equity investment 312 China Vanke Co.Ltd(000002) 057549857549 71.46
Fixed assets 423342302355207 209.77 0.90
Construction in progress 5 350.82 354.61 3.79 1.08
Intangible assets 6 217406314480 970.74 44.65
Other non current assets 7 150295149105 -11.89 -0.79
Total assets 821673718227880681114350 5.14
Current liabilities 91443890014438900 0.00 0.00
Non current liabilities 10 74.48 74.48 0.00 0.00
Total liabilities 1114446347 0.00 0.00
Net assets 12722737083417211114351 15.42
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、 Date of asset appraisal report: the date of this asset appraisal report is April 18, 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
Wuxi Hodgen Technology Co.Ltd(300279) proposed shares
Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets
Total equity value of shareholders
Text of assets appraisal report
Bei Fang Ya Shi Ping Bao Zi [2022] No. 01-364
Wuxi Hodgen Technology Co.Ltd(300279) ：
Bei Northking Information Technology Co.Ltd(002987) ASI Asset Appraisal Office (special general partnership) accepts the entrustment of your company, adheres to the principles of independence, objectivity and impartiality, adopts the asset basis method and income 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’ equity of Wuxi Hejing Intelligent Technology Co., Ltd. involved in the purchase of assets by issuing shares to be issued by Wuxi Hodgen Technology Co.Ltd(300279) is evaluated on December 31, 2021. The assets appraisal is reported as follows.
1、 Overview of the client, the appraised unit and other users of the asset appraisal report agreed in the asset appraisal entrustment contract. The client is Wuxi Hodgen Technology Co.Ltd(300279) , and the appraised unit is Wuxi Hejing Intelligent Technology Co., Ltd.
(I) overview of the client
Name: Wuxi Hodgen Technology Co.Ltd(300279) (hereinafter referred to as
