香山股份：北京中企华资产评估有限责任公司关于本次涉及购买资产股权项目的评估报告.PDF

(2022)6433()I .1 .3 .5 .5 .17 .17 .28 .29 .29 .32 .38 .40 .42 .43 .45 .46 .47 1 ()2 3 2022630 ()465,343.05()290,269.91 4()171,159.66425,989.00254,829.34148.88%5 ()13,207.5636()19990622 19990622 ()6()()()()()()1.()1266 99,270()()20011128 20030303 7()()()2.(1)(200711)20011128BOSEN(CHINA)HOLDING LIMITED8,000408051%BOSEN(CHINA)HOLDING LIMITED 280035%112014%()(%)1 4,080.00 51.00 2 BOSEN(CHINA)HOLDING LIMITED 2,800.00 35.00 3 1,120.00 14.00 8,000.00 100.00(2)2010622BOSEN(CHINA)HOLDING LIMITED 10%51%BOSEN(CHINA)HOLDING LIMITED25%24%()(%)1 4,080.00 51.00 8 ()(%)2 BOSEN(CHINA)HOLDING LIMITED 2,000.00 25.00 3 1,920.00 24.00 8,000.00 100.00(3)201112151%24%BOSEN(CHINA)HOLDING LIMITED 25%75%()(%)1 6,000.00 75.00 2 BOSEN(CHINA)HOLDING LIMITED 2,000.00 25.00 8,000.00 100.00(4)2013515,BOSEN(CHINA)HOLDING LIMITED25%75%25%()(%)1 6,000.00 75.00 2 2,000.00 25.00 8,000.00 100.00 20142()20161(5)2016116 9 211.51.55,0005,0008,0002.88,0002.8 ()(%)1 21,000.00 75.00 2 7,000.00 25.00 28,000.00 100.00(6)201758201744,30033,22533,22511,07511,075 28,00072,30072,300 ()(%)1 54,225.00 75.00 2 18,075.00 25.00 72,300.00 100.00(7)2017126201717,10017,1005,7005,7002017121595,100 ()(%)1 71,325.00 75.00 10 ()(%)2 23,775.00 25.00 95,100.00 100.00 2019228(8)2019125()()()()7,50041704.2%20191220 ()(%)1 71,325.0000 71.85 2 23,775.0000 23.95 3()2,298.1329 2.31 4()1,871.8671 1.89 99,270.0000 100.00(9)20201231202051%20.4 ()(%)1 50,627.7000 51.00 2 23,775.0000 23.95 3 20,697.3000 20.85 4()2,298.1329 2.31 5()1,871.8671 1.89 99,270.0000 100.00(10)202153120212021()11 1871.86717542.5289()2298.13299260.1305 ()(%)1 50,627.7000 51.00 2 27,945.0000 28.15 3 20,697.3000 20.85 99,270.0000 100.00 ()(%)1 50,627.7000 51.00 2 27,945.0000 28.15 3 20,697.3000 20.85 99,270.0000 100.00 3.(1)1 100.00%2 100.00%3 100.00%4 70.00%5 100.00%6 100.00%7 ()100.00%8 100.00%9 55.00%12 10 55.00%11 ()55.00%12 100.00%13 100.00%14 100.00%15 100.00%16 JOYSON QUIN Automotive Systems GmbH 100.00%17 JOYSON QUIN Automotive Systems Romania S.R.L.100.00%18 JOYSON QUIN Automotive Systems Polska Sp.zo.o.100.00%19 South Africa JOYSON QUIN Automotive PTY Ltd.100.00%20 JOYSON QUIN Automotive Systems M xico S.A.de C.V.100.00%21 JOYSON QUIN Automotive Systems North America LLC 100.00%(2)13 100%JOYSONQUIN Automotive Systems GmbH (3)4.()20201231 20211231 2022630 14 20201231 20211231 2022630 196,237.26 219,343.81 243,073.62 31.15 495.11 706.92 111,029.77 96,743.23 93,813.33 8,654.93 12,870.15 28,747.21 0.00 10,011.97 8,338.05 32,199.40 32,538.83 33,696.56 12,362.87 17,636.15 18,786.32 21,065.80 18,965.68 18,414.64 2,366.98 2,614.60 2,557.32 4,542.08 5,342.67 7,971.88 8,651.33 8,069.63 9,237.20 397,141.57 424,631.81 465,343.05 214,740.61 246,184.40 275,473.97 34,460.66 12,070.70 14,795.95 249,201.26 258,255.10 290,269.91 144,513.14 162,982.12 171,159.66 3,427.18 3,394.59 3,913.48 147,940.31 166,376.71 175,073.14()20201231 20211231 2022630 155,787.31 170,460.87 176,656.93 110,896.71 110,259.83 110,471.64 19,088.42 16,334.24 15,025.03 362.62 906.57 1,560.03 2,299.39 2,226.78 15,462.22 18,405.70 17,794.09 8,439.02 8,381.49 9,031.53 1,569.10 1,431.04 1,442.98 2,211.99 2,440.93 2,571.50 196.74 790.43 787.69 15 20201231 20211231 2022630 314,014.12 331,710.49 337,568.19 140,111.56 157,548.54 154,692.01 19,185.16 2,776.39 4,890.36 159,296.72 160,324.93 159,582.37 154,717.40 171,385.56 177,985.82()2020 2021 20221-6 361,544.73 390,733.84 182,717.19 281,684.38 299,391.77 142,262.44 1,560.62 1,275.98 547.41 8,478.25 9,360.35 5,118.20 24,243.21 34,054.47 11,919.42 20,019.31 19,532.24 11,137.98 3,329.09 5,878.62 986.14 2,816.08 4,109.35 2,029.27 538.77 308.24 453.32 761.91 699.21 717.56 -81.45 546.10 219.78 31.15 463.96 211.81 -0.00 0.00 0.00 -0.00 0.00 387.54 -941.15-133.82-205.17 -3,148.93-45.39-464.22 -218.33-25.04 36.38-19,201.49 22,281.48 11,437.46 155.81 89.98 5.85 390.08 456.86 50.50-18,967.22 21,914.59 11,392.81 16 2020 2021 20221-6 3,773.28 2,344.42 1,209.80-15,193.94 19,570.17 10,183.01 -487.02-122.58 518.88 15,680.96 19,692.75 9,664.13()2020 2021 20221-6 147,955.28 159,760.37 80,522.52 119,360.00 126,039.36 65,671.13 774.33 742.41 356.79 1,415.65 1,755.94 797.52 4,080.19 3,554.86 1,810.33 7,055.11 9,621.00 5,394.22 -85.92 2,941.24 26.67 1,404.72 2,817.21 1,368.19 1,606.22 1,539.47 1,056.24 611.28 499.53 407.12 -113.80 2,698.64 213.32 31.15 463.96 211.81 -0.00 0.00 0.00 -0.00 0.00 0.00 -105.74-285.77-29.24 -9.54-38.30-254.91 -2,415.20 1.71 22.45-18,380.93 17,981.38 6,824.60 47.79 13.25 4.08 218.31 232.20 1.03 17 2020 2021 20221-6-18,210.41 17,762.43 6,827.65 1,809.26 1,094.27 227.39-16,401.15 16,668.16 6,600.26 20212020()5.51%()()()()465,343.05()18 290,269.91()171,159.66()()1.2.(1)202263035269 ()()1 (2019)0208471 17-18 22.38 43.12 2 (2019)0208364 15-4 21.34 41.11 3 (2019)0208349 19-2 21.34 41.11 4 (2019)0208317 16-4 21.34 41.11 5 (2020)0069452 12326105 95.69 6 (2013)101000045 5120002539 8699 22,879.00 4,736.20 19 ()()7 5120002540 8699 2,054.48 8 5120002541 8699 150.74 9 5120003018 86992 1,898.20 10 5120003019 86993 1,336.55 11 5120003020 8699 2,281.09 12 5120003021 8699 817.10 13 (2017)22400030654-000 81,284.00 12,807.60 14 (2017)22400030655-000 250.43 15 (2017)22400030656-000 4,066.99 16 (2020)0311342 68 26,667.00 24.99 17 68 14.04 18 68 5,814.85 19 68 12,488.96 20 68 5,978.55 21 (2020)()0004034 299 21,808.00 29,971.45 22 (2019)0208473 201502-68.00 23 (2019)0208466 121108-96.13 24 (2019)0208458 111503-88.27 25 (2019)0208463 161102-66.95 20 ()()26 (2019)0208434 11503-88.27 ()()1 4900/1 Gutenbergstrasse 9,71277 Rutesheim#1 6,425.00 5,390.00 2 4900/21 Gutenbergstrasse 16,71277 Rutesheim#2 3,845.00 3 105426 507075 Ghimbav Commune,Str.DE301 km 0+200,Brasov,romania 87,312.00 45,990.90 4 100787 Ghimbav commune,Brasov county 1,419.00 5 101/5 Lower Silesian Voivodship,City of Walbrzych,Walbrzych Poviat,Walbrzych Municipality,Stacyjna Street 16 14,907.00 5,570.00 6 47/6,47/8,71/10,72/8,118,119,Lower Silesian Voivodship,City of Walbrzych,Walbrzych Poviat,Walbrzych Municipality,Uczniowska Street 30 40,313.00 0.00 7 9/18 Lower Silesian Voivodship,City of Walbrzych,Walbrzych Poviat,Walbrzych Municipality,Uczniowska Street 30 266.00 0.00 8 122 Lower Silesian Voivodship,City of Walbrzych,Walbrzych Poviat,Walbrzych Municipality,Uczniowska Street 30 1,688.00 0.00 9 Q696295 Block 10 of subdivision Las 54,174.15 7,307.94 21 ()()Colinas de San Luis Parque Industrial Segunda Etapa of San Luis Potosi.(2)2022630453114 ()()1 2103 4,394.00 10.17 2021.1.1-2025.3.31 2 18 6,098.00 15.43 2020.7.1-2023.6.30 3 269 700.00 1.51 2022.1.1-2022.12.31 4 1988 3,546.00 14.54 2022.1.1-2024.12.31 5 1-1 17,531.00 43.43 2022.3.1-2024.2.29 6 7751802 87.00 0.23 2019.12.16-2022.12.15 7 77141803 86.00 0.21 2020.3.25-2023.3.24 8 77201307 87.00 0.24 2020.4.29-2023.4.28 9 88.13 0.23 2020.7.17-2023.7.16 22 ()()77171806 10 61696401 100.30 0.28 2020.9.16-2023.9.15 11 62011505 36.39 0.28 2020.10.25-2022.10.24 12 7719102 88.29 0.25 2020.12.1-2023.12.1 13 1415 1,972.95 6.31 2019.1.1-2022.12.31 14 42 1,188.27 3.80 2020.7.1-2022.12.31 15 77031104 78.00 0.23 2021.3.15-2023.3.14 16 77191702 88.29 0.26 2021.5.30-2024.5.29 17 777203 86.48 0.26 2021.6.4-2024.6.3 18 B30830 1,084.80 2.37 2021.8.23-2023.8.22 19 B3088 289.28 0.33 2021.9.1-2023.8.31 23 ()()20 77051102 87.00 0.25 2021.10.11-2023.10.10 21 7715803 85.41 0.26 2021.12.6-2024.12.5 22 4346 2,642.49 8.46 2022.1.1-2024.12.31 23 4 178.61 0.57 2021.4.15-2022.12.31 24 7715603 85.41 0.25 2022.2.22-2025.2.21 25 776402 87.93 0.25 2022.2.20-2025.2.19 26 1985A15B15B3-461-5718 33,547.70 56.94 2022.5.1-2024.12.31 27 1985B2 3,282.98 5.57 2022.6.1-2024.12.31 28 1986672 2,300.56 3.90 2022.5.1-2022.6.30 29 12669 1,943.91 2.50 2022.7.1-2023.6.30 30 772088.18 0.24 2022.5.5-2025.5.4 24 ()()1602 31 77211307 88.13 0.22 2022.4.11-2025.4.10 ()1 Dariusz K api ski wiebodzice at Pi sudskiego Street 31c.184.50 2,767,50PLN 2011.03.21-2 FINTRANS S.R.L.Ghimbav Commune,Aeroportului Street(no postal number),Brasov County 500.00 EUR 1000+VAT(EUR 2/sqm+VAT)2017.11.24-2022.12.31 3 FINTRANS S.R.L.Ghimbav Commune,18 Hermann Oberth Street,Brasov County 2,000.00 EUR 5,100+VAT(rent:EUR 2.5/sqm+VAT,and monitoring service:EUR 100/month)2019.07.25-4 CTPARK Brasov West SRL Olympian Park Brasov,Cristian Commune,80D,Soseaua Ghimbavului,Brasov County 3,735()249()15 EUR 14,006.25+VAT(EUR 3.75/sqm+VAT)2021.12.22-2025.02.28 EUR 1,618.50+VAT(EUR 6.5/sqm+VAT)5 Germany Centre Company No.91 GmbH no.107 at the Business Center at Moosacher Strasse in Munich EUR 499 2021.10.01-2023.09.30 6 LONG LAKE CROSSING FUND I,LLC 1301 West Long Lake Road,Troy,Michigan 347.27 6,775.13 2019.07.15-2024.06.15 7 Germany Centre Company No.91 GmbH one parking space in the underground parking at Am Oberwiesenfeld 7,80809 Munich EUR 160+VAT 2021.10.01-2023.09.30 8 Neumann Lebensmittelm ra parking space at EUR 250 25 ()kte OHG Gutenbergstra e 33,71277 Rutesheim 9 Tanja Pils at Bahnhofstra e 53,71229 Leonberg 60.00 EUR 1,200 2021.02.01-2022.12.31 EUR 2,400 10 ETG Matthias&Dr.Thomas Dobler at Holder ckerstr.35,70499 Stuttgart EUR 568 2021.09.01-(2023.08.31)EUR 400 2022630ETGMatthias&Dr.ThomasDobler202272 3.(1)19982022(2)(3)26 19942022 4.5.1()100.00%57,649,589.50 57,649,589.50 2 JOYSONQUIN Automotive Systems GmbH 100.00%787,526,508.75 787,526,508.75 3 100.00%134,484,288.26 134,484,288.26 4 100.00%2,000,000.00 2,000,000.00 5 100.00%2,000,000.00 2,000,000.00 6 100.00%2,000,000.00 2,000,000.00 7 55.00%27,500,000.00 27,500,000.00 8 100.00%44,886,775.37 44,886,775.37 9 55.00%27,500,000.00 27,500,000.00 10 100.00%10,000,000.00 10,000,000.00 11 40.00%4,000,000.00 7,069,206.76 12 70.00%2,100,000.00 2,100,000.00 1,104,716,368.64 6.27 (1)-4 (m2)1(2018)()0017039 2017/11/01 2068/01/10 21,808.00 9,609,900.00 8,712,976.00 2(2017)22400030656/654/655 2013/12/30 2063/12/30 81,284.00 19,618,562.97 15,902,833.88 3(2013)101000045 2006/11/28 2056/11/28 22,879.00 1,970,860.18 1,373,804.22 4(2013)1006250 2011/04/30 2061/04/27/26,667.00 66,328,687.58 55,325,985.84(2)-288 1 28 MESPDMHypermeshOAWMSQAD EE MS OfficeSAP 7.8.(1)-1199920-(2)-513615-(3)-45-29 2022630 ()8(202278)()1.201672 2.20181026 3.2020528 4.(20191228)5.86 30 6.(20181229)7.(33)76 8.691 9.201832 10.(201636)11.201939 12.202012202021 13.2016195 14.(2015119)15.201899 16.5-17.109159 18.()1.201743 2.201730 3.201835 4.201836 5.201733 31 6.201837 7.201735 8.201838 9.201935 10.201746 11.201747 12.(201748)13.2020202031()1.2.3.4.()5.6.()1.LPR 2.3.4.5.6.7.8.9.Wind 10.11.32()1.8201939 2.1020206 3.12202038 4.5.()6.33 ()1.(1)=+=-=-34 =(1-)+-+(2)512027(3)(4)()=(1-)+-+=-(35)+-+-+(5)=/(6)CAPM (7)(8)(9)36 2.3.()()()30%2022 37 1.(1)()(2)(3)2.38 3.4.5.20226282022121()2022628()1.()20226302022826 1.(1)39 (2)(3)(4)(5)2.(1)(2)(3)40(4)(5)(6)(7)()()()()1.2.3.41 4.5.6.7.()1.2.3.4.5.6.7.15%8.42 9.10./=7.0084 ()()465,343.05()290,269.91()171,159.66 425,989.00254,829.34148.88%()()465,343.05()290,269.91()171,159.66 487,192.00316,032.34184.64%()425,989.00487,192.00-61,203.00-12.56%43 425,989.00 ()44()()()20221212207609()()()45 ()()1.2.3.4.5.()()