Company valuation ： 1.2 billion RMB
The Group has invested and become the second biggest shareholder of Gaotime. The project has both high return and well-controlled risk which plans to accomplish the listing process and the IPO exit.
Gaotime is a financial information enterprise which provides information, data + IT solutions in securities and financial industry. Gaotime has the Securities Investment Consultancy License issued by China Securities Regulatory Commission and the Cross Regional Value-added Telecommunications Qualification License issued by Ministry of Industry and Information Technology of China.
In the future, The Group will make full use of high profit of project company and high turnover of listed company, together with Gaotime, to expand the business as much as possible. We predict that the PE ratio will be 60-100 and the total market value will be over 10 billion.