“One-stop” comprehensive service of valuation, transaction and financial consulting

ValueLink
Services

ValueLink Valuation

ValueLink Transaction

ValueLink Financial

Valuation Experience
  • Companies in China need to perform various valuation works in order to meet regulatory requirements from tax authority, China Securities Regulatory Commission (the "CSRC") and the State-owned Assets Supervision and Administration Commission (the "SASAC"). Throughout the years, ValueLink have performed tons of statutory valuation assignments to meet regulatory requirements of the government agencies.

    Recent valuation cases are shown as follows:

    Client Industry User Valuation Purpose
    A Leasing Company Service The CSRC Restructuring into a Joint-stock Company
    A Mining Company Raw Materials The SASAC Equity Value
    An Airline Advertising Company High Technology State Administration of Taxation Equity Value
    A Solar Energy Company Energy State Administration of Taxation Equity Value
    A Leading Mobile Game Company High Technology State Administration of Taxation Equity Value
    A Leading Online Education Company High Technology State Administration of Taxation Equity Value
    A Software Company High Technology State Administration of Taxation Equity Value
    A Major Food Group Food The CSRC Material Asset Reorganisation
    A Leading Game Company High Technology The CSRC Material Asset Reorganization
    A Communications Corporation Communications Commission for Science, Technology and Industry for National Defence Equity Value
    A Pharmaceutical Retail Company Retail The New Three Board Restructuring into a Joint-stock Company
    A mobile Advertising Company High Technology The CSRC Material Asset Reorganisation
    An Internet data corporation High Technology The New Three Board Restructuring into a Joint-stock Company
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  • ValueLink performs numerous specific asset valuation assignments, including mining concessions, biological assets and investment properties.

    The following table shows certain recent cases:

    Client Industry Listing Place Valuation Items
    A Leading Data Service Provider IT US Property Assets
    A Leading Foreign-invested Auto Parts Company Automobile France Investment Property
    A Leading Digital Entertainment Company High Technology Hong Kong Circular – Rental Value
    A Leading Regional Retail Company Retail NA Collateral for Securitized Assets
    A Major Hotel Group Hotel China Asset Securitization
    An Airline Company Transportation China Disposal of Non-Performing Assets
    A Real Estate Development Company Real Estate Hong Kong Investment Property
    A Real Estate Development Company Real Estate China Investment Property
    An Industrial Company Industrial NA Real Estate Investment
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  • For material corporate transactions, companies may expect a third-party appraiser to ascertain the fair value of the subject assets under transaction. Material transactions usually include equity acquisition, asset purchase, asset stripping, merger and reorganization, shares redemption and issue of employee stock option, etc.

    The following table shows selected recent valuation assignments we performed:

    Client Industry Listing location Valuation Items
    An Aluminium Company High Technology US Equity Value - Board of Directors
    An Aluminium Company Manufacturing Hong Kong Value of the Acquiree - HKEx Circular
    A Leading Mobile Game Company High Technology Hong Kong Value of the Investee - HKEx Circular
    A Software Company High Technology US Equity Value of Acquiree - Fairness Opinion
    An E-Commerce Company High Technology US Asset to be Stripped - Board of Directors
    An Automobile Retailer Retail US Equity Value – Potential Investors
    An E-Commerce Enterprise High Technology NA Equity Value – Potential Investors
    A Major Food Group Food NA Value of the Acquiree - Potential Investors
    A Municipal Heating Company Transportation NA Income Projection - Asset Securitization
    A Water Processing Company Water Supply NA Income Projection - Asset Securitization
    A University in Yunnan Education NA Income Cash Flow Projection - Asset Securitization
    A Leading Supply Chain Software Company High Technology US Option Pricing - Board of Directors
    A Leading Data Company High Technology NA Option Pricing - Board of Directors
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  • ValueLink has provided valuation services to numerous companies seeking to be listed in Chna, US and Hong Kong, with industry coverage such as industrial service and high technology industry.

    The following table highlights selective recent IPO asignments:

    Client Industry Listing Place Valuation Items
    A Leading Mobile Game Company High Technology Hong Kong Purchase Price Allocation
    An Automobile Software Company High Technology US Purchase Price Allocation
    A Leading Mobile Game Company High Technology Hong Kong Preference Shares, Restricted Shares, PPA
    A Leading Payment Company High Technology China Share-based Compensation
    A Leasing Company Service China Purchase Price Allocation, Share-based Compensation
    A Data Module Company High Technology China Purchase Price Allocation
    A fashion enterprise Fashion Hong Kong Convertible bonds
    A Major Food Group Food Hong Kong Contingent Consideration
    A Robot Company High Technology Hong Kong Share Options
    A Life Science Company High Technology Hong Kong Preference Shares, Share Options
    A Leading Broadcasting Control Company High Technology Hong Kong Preference Shares, Share Options, PPA
    An Automobile Retailer Retail US Goodwill Impairment Test
    An Internet-based Financial Company High Technology US Preference Shares, Share Options, Debts and Obligations
    A Data Security Company High Technology China Purchase Price Allocation
    An Internet-based Financial Company High Technology Hong Kong Preference Shares
    A Textile Company Textile Hong Kong Convertible Bonds
    A Video Community High Technology US Share Options, Preference Shares, PPA
    A Major Mining Company Energy Hong Kong Mining Concessions
    A Livestock Husbandry company Livestock Husbandry Hong Kong Biological Asset
    A Real Estate Company Real Estate Hong Kong Investment Properties
Transaction Experience
  • Client Industry Transaction Amount Transaction Summary
    A Game Developer Targeting Oversea Markets Game US$74.00 Million Series B Private Equity Financing
    A Major Photo Editing Mobile Tool Company Mobile Distribution RMB300 Million Series B and C Private Equity Financing
    A Leading Mobile Internet Distribution Channel Mobile Distribution RMB300 Million Series B and C Private Equity Financing
    A Creative Internet Content Distribution Service Provider Internet Technology RMB60.00 Million Series A+ Financing
    An E-Commerce Data Service Enterprise Data Service RMB20.00 Million Series A Financing
    A Mobile Casual Game Developer Game RMB32.00 Million Series A and A+ Financing
    A Mobile Online Game Developer Game RMB60.00 Million Series A Financing
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  • Client Industry Transaction Amount Service Items
    A Game Developer Game RMB1.2 billion Seller Advisor
    An Anime Company Anime RMB780 Million Seller Advisor
    An E-Commerce Company E-Commerce RMB300 Million Seller Adviser
    A Concrete Manufacturing Group Manufacturing RMB400 Million Seller Advisor
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  • ValueLink offered advisory services to a major telecom service enterprise in Asia invested by British Telecom for its internal reorganization related transaction.

    This enterprise provides telecommunications and software system service outsourcing and operation & maintenance services to major state-owned enterprises such as China Mobile, China Telecom, Industrial and Commercial Bank of China, China Construction Bank and State Administration of Foreign Exchange, and numerous private enterprises.

    On such transactions such as the cash out on the part of minority shareholders and the British Telecom, ValueLink assisted its major shareholders through deal valuation, deal structure design and negotiation support. ValueLink also provide suggestions on future equity financing and IPO plans.

    The total reorganization transaction amounted to US$68 Million.

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  • We have cooperated with many reputable investment funds and listed companies and have provided financial and tax due diligence for their investment purposes.

    Major completed cases (also publicly disclosed) are shown as follows:

    Client Target Company Industry Transaction Amount Service Items
    A Venture Capital Chengdu Alltech Medical Equipment US$20 Million Financial Due Diligence, Cost Flow Improvement
    A Venture Capital Organisation Lohao City Retail US$8.00 Million Financial Due Diligence
    A Venture Capital Organisation life Care Networks Medical Equipment US$15.00 Million Financial and Tax Due Diligence
    A US Listed Company Firstleap Education Education US$6.00 Million Financial and Tax due Diligence
    A Venture Capital Talking Data Mobile Service US$10.00 Million FDD, Fiancial Modelling
    A Venture Capital Teambition SaaS US$10.00 Million Financial Due Diligence
    A Venture Capital VIPKid Online Education US$8.00 Million Financial and Tax Due Diligence
    A Venture Capital E-Drive O2O Service US$6.00 Million Financial Due Diligence
    A Venture Capital E-orange Recruit Online Recruitment N.A. Financial Due Diligence
    A Hong Kong Listed Company Gvitech 3D Modelling N.A. Financial and Tax Due Diligence
    A Major Internet Group Napai Investment Cultural Entertainment RMB80.00 Million Financial Due Diligence
    A US listed company A Series of Online Hotel Sales Agencies Online Travel N.A. Financial and Tax Due Diligence
    An A-share Listed Company Haymaker Game Game RMB60.00 Million Financial Due Diligence
    A Venture Capital A O2O Company O2O N.A. Financial and Tax Due Diligence
    A State-owned Investment Fund Large-scale Group Purchase Group Purchase Website N.A. Financial Due Diligence
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Financial Experience
  • Client Industry Listing Place Service
    IT Solution Provider High Technology US IPO Financial Preparation
    Foreign Trade B2C Website High Technology US IPO Financial Preparation
    IT training Education US IPO Financial Preparation
    A leading Mobile Game Developer Game Hong Kong IPO Financial Preparation
    A Leading Mobile Game Developer Game Hong Kong IPO Financial Preparation
    A Leading Healthcare Group Healthcare China IPO Financial Preparation
    A Leading Mobile Game Developer Game Hong Kong IPO Financial Document Preparation
    A Leading Online Video Community Video US Financial Preparation for Listing
    A Leading Online Game Developer Game US Financial Preparation for Listing
    An Education and Immigration Service Group Education US Financial Preparation for Listing
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  • Client Industry Listing Place Service
    A Leading E-Commerce Company High Technology US Accounting Memo, Accounting Policies
    A Leading Mobile Game Company Game Hong Kong Accounting Standards Switch
    A Leading IT Outsourcing Company Education US Accounting Standards Switch
    A Leading Network Acceleration Company Network Base Services US Technical Support for Material Accounting Issues
    A leading group purchase company High Technology US Accounting Treatment for Acquisition
    A Leading Internet Finance Company Internet Finance US Accounting Standards Switch
    A Leading Game Distributor Game Hong Kong Accounting Standards Switch
    A Leading Automobile Retailer Retail China Accounting Manual
    A leading career education company Education China Accounting Manual
    A Leading Internet Service Company Internet Services US Accounting Standards Switch
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  • Client Industry Listing Place Service
    A Leading E-Commerce Foreign Trade Company High Technology US Internal Control Consulting
    A Leading Mobile Game Company Game Hong Kong
    A Leading IT Outsourcing Company Education US Internal Control Consulting
    A Leading Network Acceleration Company Network Base Services US Internal Control Consulting
    A Leading Internet Service Company High Technology US Internal Control Consulting
    A Leading Life Science Company High Technology Hong Kong Internal Control Consulting
    A Leading Logistics Company Logistics US Internal Control Consulting
    A Leading Logistics Platform High Technology Hong Kong Internal Control Consulting
    A leading software company Software China Internal Control Consulting
    A leading Internet Finance Company Internet Services US Internal Control Consulting
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  • Client Industry Listing place Service
    A Leading Property Management Company Property Management Hong Kong Financial Outsourcing Services
    A Leading Mobile Game Company Game Hong Kong Financial Outsourcing Services
    A Leading IT Outsourcing Company Education US Financial Outsourcing Services
    A leading real estate company Real estate China Financial Outsourcing Services
    An Internet financial company Internet finance US Financial Outsourcing Services
    An E-Commerce Foreign Trade Company Mining US Financial Outsourcing Services
    A Leading Dairy Cow Company Biological assets China Financial Outsourcing Services
    A Mining Company Mining Hong Kong Financial Outsourcing Services
    A Leading Online Game Company Game Hong Kong Tax in Game Industry
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