Equity Transfer Price Clause Samples

Equity Transfer Price. After friendly negotiation between Party A and Party B, Party A agrees to sell its 19.99% equity interest in the target company at 90% of the valuation price. Party B intends to exchange the 19.99% equity interest in the target company held by Party A with PBTS stock valued at RMB 54.78 million. Party A and Party B agree to adopt the lower of option [A] and option [B] listed hereinafter as stock price per share for this transaction. Therefore, the following option [A] is adopted as the unit price of the stock exchange for this transaction, which is US$0.50 per share. Based on that Party A and Party B agree to adopt the exchange priced quoted by Bank of China which was USD/RMB 6.393. The number of shares of PBTS to be transferred from Party B to Party A is 17,138,305 (the “transaction shares”). [A]. US$0.5 per share. [B]. The average price per share of 5 consecutive trading days prior to the effective date of the Agreement.

Equity Transfer Price. According to the asset appraisal report on the total equity value of Target Company (Lian He Zhong H▇ ▇▇▇▇ Bao Zi (2024) No.6245), as of June 30, 2024, the total equity value of Target Company was RMB11.9267 million. The parties agree that: the equity transfer price is based on the assessed value of Target Company above, that is, Party A will transfer 75% of the equity of Target Company it holds to Party B for a total price of RMB9 million (in words: RMB Nine Million).

Equity Transfer Price. Party A and Party B agree that Party A shall transfer the above subject matter to Party B at RMB 19,905,800.

Equity Transfer Price. The Parties confirm and agree that the estimated valuation of the Company shall be ▇▇▇ ▇▇▇ million, and the estimated consideration to be paid by Party A to Party D for the Target Equity Transfer (“Equity Transfer Price”) shall be RMB 144.1 million. The Parties unanimously agree that the Target Equity Transfer Price will be finally determined according to the Company’s valuation.

Equity Transfer Price. The parties agree that, in conformity with the terms of this Agreement and on the premise of meeting the conditions agreed in this Agreement, the Equity Transfer price payable by the Transferee is RMB 204.86658925 million, equals to the net asset amount of the Target Company recognized by both parties on the Execution Date of this Agreement plus RMB 4.5 million (the “Equity Transfer Price”).

Equity Transfer Price. 1. Both Parties agree to take September 30, 2006 as the base date and take the balance amount after the interim dividends distribution in 2006 from the net worth of Yilangsite up to the base date confirmed by the financial report recognized by both Parties as the pricing reference. 2. As of September 30, 2006, the net asset value of Yilangsite recognized by both Parties is RMB 33,107,157.56, and after the distribution of dividends, the balance is RMB 30,467,157.56, based on which both Parties agree to set the transfer price for the transfer of the Target Equity is RMB 10,155,719.19.

Equity Transfer Price. The equity transfer price that the Buyer shall pay under the New Equity Transfer Agreement is as follows: 1.1 Party B purchases 76.65% of the equity interest of Harbin HDS and the equity transfer price is RMB 34,490,000. 1.2 Party C purchases 18.53% of the equity interest of Harbin HDS and the equity transfer price is RMB 8,340,000. 1.3 Party D purchases 4.82% of the equity interest of Harbin HDS and the equity transfer price is RMB 2,170,000.

Equity Transfer Price. The Parties agree that the Transferee shall pay the Equity Transfer Price to the Transferor for the Equity Transfer. Among them, the transfer price for the Transferor 1 Transferred Equity is [*] (That is, it is the RMB equivalent amount of [*]determined by foreign exchange conversion based on the central parity rate of the RMB exchange rate (i.e., 1 US dollar to [*] RMB) announced by the China Foreign Exchange Trade System authorized by the People's Bank of China as of [*], the “Equity Transfer Price 1”; for the avoidance of doubt, when the Equity Transfer Price 1 is actually paid, it shall be paid in the form of an equal amount of US dollars as stipulated in Article 4 of this Agreement)，and the transfer price for the Transferor 2 Transferred Equity is RMB [*] (That is, it is the RMB equivalent amount of USD [*]determined by foreign exchange conversion based on the central parity rate of the RMB exchange rate (i.e., 1 US dollar to [*] RMB) announced by the China Foreign Exchange Trade System authorized by the People's Bank of China as of [*], the “Equity Transfer Price 2”, together with the Equity Transfer Price 2 as the “Equity Transfer Price”; for the avoidance of doubt, when the Equity Transfer Price is actually paid, it shall be paid in the form of an equal amount of US dollars as stipulated in Article 4 of this Agreement). For the avoidance of doubt, (1) before the Transferee pays the corresponding Equity Transfer Price 1 to the Transferor 1, for the withholding income Tax and other Taxes and fees that the Transferor 1 should bear and that The Transferee has paid in accordance with the law, such Taxes and fees shall be deducted from the Equity Transfer Price 1 paid to the Transferor 1 (i.e., such Taxes and fees shall be borne by the Transferor 1). The stamp duty involved in the Equity Transfer shall be borne by the Transferor and the Transferee respectively, and they shall complete the relevant stamp duty declaration and Tax payment obligations respectively.

Equity Transfer Price. 1.2.1 As of 31 August 2021 (hereinafter referred to as the “Benchmark Date”), the total investment amount provided by the Transferor to the Target Company amounted to RMB742,879,350. The details are as follows: a) The Transferor's investment funds: RMB422,949,350 (hereinafter referred to as the “Transferor’s Investment Amount”); b) With the actual controller of the Transferor as the guarantor, Minggao Trading (Guangzhou) Co., Ltd. (名高贸易（广州）有限公司), which is controlled by the actual controller, provides a loan in the amount of RMB319,930,000 (hereinafter referred to as the “Domestic Loan”) to Mingyou Industrial Investment (Guangzhou) Co., Ltd. (名优产业投资（广州）有限公司), a wholly-owned domestic subsidiary of the Target Company. 1.2.2 For the operating loss of the Target Company up to the closing date, all parties agree that the Transferor and the Transferee shall bear the loss according to the shareholding ratios of both parties before the closing date, i.e. the Transferor shall bear 80% of the loss and the Transferee shall bear 20% of the loss. The specific amount of loss shall be the amount approved in the financial statements determined by all parties, and the final transaction price shall be determined by adjusting the transaction benchmark price accordingly on the closing date. 1.2.3 The parties agreed that the consideration for the transfer of the Target Equity will be based on RMB 700,414,240.10 (hereinafter referred to as the “Benchmark Price”), and the parties agreed to engage a third-party professional organization to evaluate the Target Equity. If the evaluation price issued by the third-party organization (hereinafter referred to as the “Evaluation Price”) is lower than the Benchmark Price, the Evaluation Price will prevail, and if the Evaluation Price issued by the third-party organization is higher than the Benchmark Price, the Benchmark Price will still be executed. The price determined in accordance with the aforementioned rules is the final consideration for this transaction after deducting the losses that shall be borne by the Transferor. 1.2.4 The third-party professional organization shall issue an evaluation report within 60 working days from the Benchmark Date.