FilingReader Intelligence
Montnets Rongxin addresses 1.31bn yuan acquisition valuation inquiry
August 8, 2025 at 03:10 PM UTC•By FilingReader AI
Montnets Rongxin Technology Group responded to Shenzhen Stock Exchange inquiries regarding its acquisition of Bicheng Digital, valued at 1.312 billion yuan.
The company said the current valuation reflects Bicheng's improved profitability and increased asset scale, compared to previous share transfers ranging from 640 million to 1.027 billion yuan using different valuation methods.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Reply of Zhongxi Certified Public Accountants (Special General Partnership) regarding the inquiry letter on the merger and reorganization of Mongnet Cloud Technology Group Co., Ltd.August 8, 2025 at 08:00 AM UTC
Shanghai Zhonghua Appraisal Co., Ltd.'s reply to the inquiry letter regarding mergers, acquisitions, and restructuringAugust 8, 2025 at 08:00 AM UTC
SZSE:002123•Shenzhen Stock Exchange
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