Maoming Petro-Chemical Shihua Co.Ltd(000637) : appraisal report this asset appraisal report is prepared in accordance with China’s asset appraisal standards
Maoming Petro-Chemical Shihua Co.Ltd(000637) proposed acquisition
Beijing xinwoda Marine Technology Co., Ltd
Total equity value items of shareholders
assets valuation statement
Zhongxing huazi Ping Bao Zi [2022] No. 0002
(Volume 1 of 1)
Name of appraisal institution: ZTE huazi (Beijing) real estate appraisal Engineering Consulting Co., Ltd. appraisal report date: January 23, 2022
catalogue
Declare that one
Summary of asset appraisal report two
Text of the assets appraisal report I. the client, the appraised entity and other users of the asset appraisal report agreed in the asset appraisal entrustment contract three
2、 Evaluation purpose seven
3、 Evaluation object and scope seven
4、 Value type ten
5、 Appraisal base date ten
6、 Evaluation basis ten
7、 Evaluation method thirteen
8、 Evaluation procedure implementation process and situation twenty
9、 Assessment assumptions twenty-two
10、 Assessment conclusion twenty-four
11、 Special notes twenty-five
12、 Description of restrictions on the use of asset appraisal report twenty-seven
13、 Asset appraisal report date twenty-seven
14、 Signature and seal of appraisal institution and asset appraiser twenty-eight
Annex to the assets appraisal report twenty-nine
ZTE huazi (Beijing) real estate appraisal Engineering Consulting Co., Ltd
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 asset appraisal institution and its 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.
3、 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 appraisers 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 institution and appraisers remind the users of the assets appraisal report to 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 should not be considered as a guarantee for the realizable price of the appraisal object.
4、 The list of assets and liabilities involved in the appraisal object and the business forecast data of the enterprise shall be declared by the client and the appraised unit 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.
5、 The asset appraiser has conducted on-site investigation on the appraisal object and its involved assets; 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.
6、 The assets appraisal institution and appraisers have no existing or expected interest relationship with the appraisal object in the assets appraisal report, have no existing or expected interest relationship with relevant parties, and have no prejudice against relevant parties.
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. ZTE huazi (Beijing) real estate appraisal Engineering Consulting Co., Ltd. 1
Maoming Petro-Chemical Shihua Co.Ltd(000637) proposed acquisition
Beijing xinwoda Marine Technology Co., Ltd
Total equity value items of shareholders
Summary of assets appraisal report
Zhongxing huazi Ping Bao Zi [2022] No. 0002
Maoming Petro-Chemical Shihua Co.Ltd(000637) ：
ZTE huazi (Beijing) real estate appraisal Engineering Consulting Co., Ltd. has accepted the entrustment of your company to appraise the market value of all shareholders’ rights and interests of Beijing xinwoda Marine Technology Co., Ltd. on the benchmark date in accordance with the provisions of laws, administrative regulations and asset appraisal standards, adhering to the principles of independence, objectivity and impartiality, and implementing the necessary appraisal procedures. The asset appraisal report is summarized as follows:
Appraisal purpose: Maoming Petro-Chemical Shihua Co.Ltd(000637) it is proposed to acquire. Therefore, it is necessary to evaluate the value of all shareholders’ equity of Beijing xinwoda Marine Technology Co., Ltd. involved in the economic behavior, so as to provide reference basis for the value on the benchmark date for the above economic behavior.
Appraisal object: the value of all shareholders’ equity of Beijing xinwoda Marine Technology Co., Ltd.
Appraisal scope: all assets and liabilities of Beijing xinwoda Marine Technology Co., Ltd. after audit, including current assets, non current assets, current liabilities and non current liabilities.
Benchmark date: December 31, 2021.
Value type: market value.
Appraisal methods: asset based method and income method.
Appraisal conclusion: this appraisal adopts the income method. The appraisal results are as follows:
As of the benchmark date of December 31, 2021, on the premise of continuous operation and through the income method, the appraisal result of the value of all shareholders’ equity of Beijing xinwoda Marine Technology Co., Ltd. is 613.1819 million yuan, with an increase of 418.8999 million yuan and an increase rate of 215.61%.
This assets appraisal report only provides value reference for the economic behavior described in the assets appraisal report. The validity period of the appraisal conclusion is one year from the base date of the appraisal. The user of the asset appraisal report shall give full consideration to the assumptions, limiting conditions and special matters stated in the asset appraisal report and their impact on the appraisal conclusion. 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.
ZTE huazi (Beijing) real estate appraisal Engineering Consulting Co., Ltd
Maoming Petro-Chemical Shihua Co.Ltd(000637) proposed acquisition
Beijing xinwoda Marine Technology Co., Ltd
Total equity value items of shareholders
Text of assets appraisal report
Zhongxing huazi Ping Bao Zi [2022] No. 0002
Maoming Petro-Chemical Shihua Co.Ltd(000637) ：
ZTE huazi (Beijing) real estate appraisal Engineering Consulting Co., Ltd. has accepted the entrustment of your company, adhered to the principles of independence, objectivity and impartiality, adopted the asset-based method and income method, and implemented the necessary appraisal procedures in accordance with the provisions of laws, administrative regulations and asset appraisal standards, The market value of the total equity value of the shareholders of Maoming Petro-Chemical Shihua Co.Ltd(000637) proposed to acquire Beijing xinwoda Marine Technology Co., Ltd. on December 31, 2021 has been evaluated. The asset evaluation is reported as follows:
1、 The client, the appraised entity and other users of the asset appraisal report agreed in the asset appraisal entrustment contract
The client of the current appraisal project is Maoming Petro-Chemical Shihua Co.Ltd(000637) , and the appraised unit is Beijing xinwoda Marine Technology Co., Ltd.
（1） Overview of the client
Industrial and commercial registration information
Company name: Maoming Petro-Chemical Shihua Co.Ltd(000637)
Unified social credit Code: 914409001949221416
Address: No. 162, Guandu Road, Maoming City, Guangdong Province
Legal representative: Fan Hongyan
Registered capital: 519875356 yuan
Nature of enterprise: other joint stock limited companies (listed)
Date of establishment: October 4, 1988
Main business scope: production and sales of polypropylene and its products, petrochemical products, cement, electrical machinery manufacturing, aluminum profiles, technical and economic consulting services, investment and operation of petrochemical comprehensive utilization industry and tertiary industry; Operate the export business of self-produced products and technologies of the enterprise; Operate the import business of raw and auxiliary materials, instruments and meters, mechanical equipment, spare parts and technologies required for the production of the enterprise (limited by the state and prohibited by the state)
Except for imported goods; Not separately listed trade mode). (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
（2） Brief introduction of the appraised company
1. Industrial and commercial registration information
Company name: Beijing xinwoda Marine Technology Co., Ltd
The registered address of the company is room 1, building 49, No. 137, Xizhimenwai street, Xicheng District, Beijing
Unified social credit Code: 91110102089690692f
Legal representative: Zhai Feng
Registered capital: 150 million yuan
Registration date: December 25, 2013
Business term: December 25, 2013 to December 24, 2033
Business scope of the company: technology development, technical service, technical consultation, technology transfer and technology promotion; Investment management; business management; Enterprise management consulting; Economic and trade consultation; Enterprise planning; Marketing Planning; Public relations planning; Market Research; Organize cultural and artistic exchange activities (excluding performances); Conference services; Undertake exhibitions; Designing, producing, acting and publishing advertisements; Import and export of goods, technology and agent import and export; Catering management; Renting commercial houses; Sales of office supplies, daily necessities, toys and handicrafts; Retail books, electronic publications and audio-visual products; Domesticate, breed, manage and utilize aquatic wild animals (dolphins, sea lions, giant salamanders, corals, beautiful bony tongue fish, giant bony tongue fish, rouge fish, sea turtles, etc.). (“1. Without the approval of relevant departments, it is not allowed to raise funds in public; 2. It is not allowed to carry out securities products and financial derivatives trading activities in public; 3. It is not allowed to issue loans; 4. It is not allowed to provide guarantees to other enterprises other than the invested enterprises; 5. It is not allowed to promise investors that the investment principal will not be lost or the minimum income will be promised” ； After receiving this license, it shall be filed with the district and County Commerce Commission; Market entities independently choose business projects and carry out business activities according to law; For projects subject to approval according to law, business activities shall be carried out according to the approved contents after being approved by relevant departments; It is not allowed to engage in the business activities of projects prohibited and restricted by the industrial policies of the state and this Municipality.)
2. Company profile
Beijing xinwoda Marine Technology Co., Ltd., the full name of Beijing xinwoda Marine Technology Co., Ltd. – located on the North Bank of Changhe River in Beijing Zoo, covers an area of 120000 square meters, a construction area of 42000 square meters and a greening area of more than 80000 square meters. Integrating viewing, popular science education and leisure and entertainment, it is a well-known large inland aquarium in China.
Beijing xinwoda Marine Technology Co., Ltd. is a large, modern and advanced marine biology science museum. It has the world’s advanced life support system and uses artificial seawater, with a total water volume of 20000 tons. The museum raises and displays more than 1000 species of marine fish and organisms, tens of thousands of tails; At the same time, the biological collection is also the largest: the total feeding fish of seafloor organisms is 30000-50000, including nearly 1000 species of marine ornamental fish and freshwater ornamental fish. Tens of thousands of ornamental fish have entered the aquarium and have fully adapted to the new environment here. In addition to watching fish, Beijing xinwoda Marine Technology Co., Ltd. also has a strong marine animal performance group, whose members include dolphins, whales, sea lions and other mammals.
With the purpose of “Tao Yi for the public, teaching students and maintaining ecology”, the museum skillfully arranges seven main exhibition areas for tourists, including “rainforest wonders”, “shark town”, “undersea Tour”, “Bering Strait”, “national treasure Chinese sturgeon Museum”, “whale bay” and “Ocean theater”. During the May Day holiday in 2021, based on the first set of original marine environmental protection picture books in China, the large-scale immersive parent-child interactive show “Hello ocean – Xi Xi’s fantasy journey”, which was jointly supported by ocean publishing house, China Ocean Society and China The Pacific Securities Co.Ltd(601099) society, opened the first round of dream performance in Beijing xinvoda Marine Technology Co., Ltd. This is the first large-scale immersive parent-child interactive show of Beijing xinwoda Marine Technology Co., Ltd. since its establishment 22 years ago. It is performed only at night. Around real marine creatures, it brings together world-class creative teams and uses top-level light and shadow technology to create a real and illusory immersive experience, so that everyone can understand the ocean while enjoying the wonderful marine world and in the interaction of artistic performances, Love the ocean and learn to protect it.
3. Enterprise history
1. In December 2013, Beijing xinwoda Marine Technology Co., Ltd. was established
In December 2013, Beijing CITIC Investment Center (limited partnership) and CITIC (Shanghai) Equity Investment Center (limited partnership) jointly invested in the establishment of Beijing xinwoda Marine Technology Co., Ltd. according to the articles of association, the registered capital of the company is 1 million yuan, and Beijing CITIC invested 99 million yuan in currency
