2020-11-17

Shandong Hi-tech Investment intends to transfer the shares of Linyi two companies

By yqqlm yqqlm

Luwang·Taishan Finance News November 17 (Reporter Xu Wenxuan) Today, Luxin Venture Capital Group Co., Ltd. (hereinafter referred to as”Luxin Investment”) issued an announcement stating that its wholly-owned subsidiary Shandong High-tech Venture Capital Co., Ltd. (hereinafter referred to as”Shandong High-tech Investment”) intends Transfer of 3.67%equity of Linyi Hongyi Technology Development Co., Ltd. (hereinafter referred to as”Hongyi Technology”) and 3.67%equity of Linyi Mujia Property Management Co., Ltd. (hereinafter referred to as”Mujia Property”).

The announcement shows that Hongyi Technology was established in May 1999, and its major shareholder is Anhui Conch New Material Technology Co., Ltd. which holds 92.18%of the shares. In August 2010, Shandong Gaoxin Investment Co., Ltd. paid a consideration of 5,107,25 million yuan. (Registered capital of 3.534 yuan per yuan) The transfer of 4.38%equity of Hongyi Technology. After many capital increases, equity transfers and divisions, Shandong Hi-tech Investment currently holds a total of 2,458,900 registered capital of Hongyi Technology, and the equity ratio is 3.67%.

According to the appraisal report issued by Beijing Tianjian Xingye Assets Appraisal Co., Ltd. (hereinafter referred to as”Tianjian Xingye Appraisal Institute”), as of December 31, 2019, the book of Hongyi Technology’s net assets The value is 77,502,400 yuan. After being evaluated by the asset-based method, the appraised value is 94,701,300 yuan, and the value-added amount is 17,198,900 yuan. It is 22.19%; after the income method is used, the net asset value of Hongyi Technology is RMB 78,283,800, and the value-added value is RMB 781,400, and the value-added rate is 1.01%.

In addition, as of December 31, 2019, Hongyi Technology has total assets of 202 million yuan and net assets of 74.0511 million yuan; operating income from January to December 2019 is 369,031,000 yuan and net profit is 67,426,300 yuan.

In August 2018, Mujia Property was established. Its major shareholder is Shandong Hongli Venture Capital Co., Ltd. which holds 92.18%and Shandong Hi-tech Investment holds 3.6702%. According to the appraisal report issued by Tianjian Xingye Appraisal, as of December 31, 2019, the book value of Mujia Property’s net assets was 83.631 million yuan, and the appraised value according to the asset-based method was 85.266 million yuan, and the value added was 163.50. Ten thousand yuan, the appreciation rate is 1.96%.

As of December 31, 2019, Mujia Property’s total assets were 184 million yuan and net assets were 83.631,600 yuan; from January to December 2019, Mujia Property’s revenue was 177,400 yuan, with a net profit loss 181 million yuan.

Luxin Investment stated that the above-mentioned equity will be listed and transferred in the Shandong Property Rights Exchange in accordance with the relevant regulations of state-owned assets management. The transfer base price is 3,475,500 yuan and 3,129,400 yuan respectively. Luxin Investment will promptly announce the progress of the above equity transfer.

Source:Luwang