Foton Motor stated that the final transaction price is based on the appraisal agency with securities business qualifications and reported on the appraisal value of the target assets as stated on the appraisal report after the approval of the State-owned Assets Supervision and Administration Commission of the People's Government of Beijing Municipality. , It is determined by both parties, but the final transaction price with Foton Motor is not less than RMB 475 million.

Power Battery

In 2010, Foton Motor invested 10 million yuan to establish shares in Beijing Praid New Energy Battery Technology Co., Ltd., which was established in April 2010 with a registered capital of 100 million yuan. It is mainly engaged in R&D, production and sales of power batteries. Its main financial data in 2015 were: total assets of 1.241 billion yuan, net assets of 206 million yuan, operating income of 1.134 billion yuan, and net profit of 151 million yuan.

Up to now, Prader's shareholding structure is: Peking University's Xianxing Science and Technology Industry Co., Ltd. holds 38%, Beijing Automobile Group Industrial Investment Co., Ltd. holds 24%, Ningde Times New Energy Technology Co., Ltd. holds 23%, and Foton Motors holds 10% of the stock, Qingren Prime Intelligence Technology R&D Center (Limited Partnership) holds 5% of the shares. Xu Heyi is a corporate legal person and chairman.

Previously, Foton Motor had expected to generate revenue that may account for more than 50% of the company's latest audited net profit. According to Foton Motor’s 2015 audited net profit of only RMB 406 million, the outsiders speculated that the 10% share price of this sale was estimated to be approximately RMB 200 million. However, the transaction price was unexpectedly as high as 475 million yuan, which also means that Prader's valuation is as high as 4.75 billion yuan. For Futian, the transaction amount accounted for 117.00% of Futian's audited net profit in 2015, and the valuation has doubled. The Foton Motor passed this transaction and achieved a “return on investment” rate of 4750% in six years, which is a “financial master”.

Some investors directly dubbed Foton Motor Co., “it simply turned into a venture capital company, and it has become 10 million in 2006, and it has become a worthy trader!” In 2015, Futian had a difficult year and it was a total of Completed 473,000 vehicle sales, a 13.66% year-on-year decline in 2014. The sales revenue of Foton Motor was 33.97 billion yuan and the total profit was 401 million yuan. Although Rong Ran maintained the market position of "China's commercial vehicle number one", the total profit fell for two consecutive years, which was a year-on-year decline of 477 million yuan in 2014. 14.82%, and the company's net profit in 2013 was 728 million yuan.

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