Project Background

An internationally renowned auto parts manufacturer (hereinafter referred toACompany) plans to acquire an auto parts enterprise in China (hereinafter referred toBcompany), to expand its market share and influence in China.BThe company is a professional manufacturer of automobile engines, gearboxes, chassis and other core components. It has multiple production bases and R & D centers, and has long-term cooperative relations with many well-known automobile manufacturers at home and abroad.AThe company commissioned Champu Consulting to provide it with business investment due diligence services to assessBThe value and risk of the company to support M & A decisions.

Customer pain points

Company A needs to have a comprehensive understanding ofBInformation on the company's business status, market position, financial status, legal risks, etc., to determine the feasibility and reasonableness of the merger. At the same time,ACompanies also need to know.BThe development trend, competitive landscape, policy environment and other factors of the auto parts industry in which the company is located to evaluate the market opportunities and challenges after the merger. DueAThe company is not familiar with the Chinese market and lacks relevant data and professional knowledge. Therefore, it needs to use the professional capabilities and resources of Shangpu Consulting to provide it with a comprehensive, in-depth and objective due diligence report.

Project Purpose

The purpose of the project at Champ Consulting is to provideAThe Company provides due diligence services in the following areas:

Business due diligence: analysisBthe company's products/Services, Customers/Supplier, Market/Competition, Technology/Innovation, management/situation of the team, etc., to assessBThe company's core competitiveness and development potential.

Financial due diligence: reviewBThe company's financial statements, audit reports, tax documents and other information, analysis.BThe company's financial position, profitability, cash flow, asset quality and other indicators, assessment.Bfinancial risk and value of the firm.

Legal due diligence: inspectionBThe company's industrial and commercial registration, equity structure, major contracts, major litigation, intellectual property rights and other legal documents, analysis.BThe company's legal compliance and legal risk.

Industry due diligence: study the development history, market size, growth drivers, policy environment, competitive landscape and other information of the auto parts industry, and predict the future development trends and opportunities of the industry.

Research object

In the course of due diligence, Champu Consulting mainly collects information in the following ways:

Review documentation: by sending aBThe company requests relevant information and obtains external information through the Internet, industry magazines, databases, etc.BA preliminary understanding of the company and its industry.

Interviews with relevant personnel:BAll levels and functions within the company, as well as intermediaries (e. g. accounting firms, law firms), clients/Supplier/Telephone or face-to-face interviews with competitors and other relevant personnel to gain in-depth understandingBThe company's business status, financial status, legal risks, etc.

Enterprise Field Survey: ThroughBThe company's production base and R & D center for field visits, view.BThe company's physical assets, products and inventories, etc., are evaluated.BThe company's production and operation capabilities and technical level.

Project Content

According to the Champ Consulting CompanyAThe company's needs, developed the following due diligence:

Business due diligence content:

The basic situation of Company B: including the company's history, organizational structure, shareholding structure, and background of major shareholders.

Products of Company B/Service: including products/服务种类、规格、质量、价格、技术水平、创新能力等。

B公司的客户/供应商情况：包括客户/供应商数量、类型、分布、合作模式、合作时长、信用状况等。

B公司的市场/竞争情况：包括市场容量、市场份额、市场需求特点、市场增长潜力、竞争对手数量、类型、优势劣势等。

B公司的技术/创新情况：包括技术研发团队规模、结构、能力，技术研发投入占比，技术研发项目数量、类型、进展，技术研发成果数量、类型、价值等。

B公司的管理/团队情况：包括管理层人员背景、经验、能力，管理层与员工关系，员工数量、结构、素质，员工培训、激励机制等。

财务尽调内容：

B公司的财务报表分析：包括利润表、资产负债表、现金流量表等，分析B公司的营收结构、成本结构、毛利率、净利率等主要财务指标，评估B公司的盈利能力和效率。

B公司的现金流分析：包括经营活动现金流量净额、投资活动现金流量净额、筹资活动现金流量净额等，分析B公司的现金流入流出情况，评估B公司的现金流稳定性和偿债能力。

B公司的资产质量分析：包括存货周转率、应收账款周转率、固定资产周转率等，分析B公司的资产使用效率和回收能力，评估B公司的资产风险和价值。

B公司的财务预测分析：根据B公司的历史数据和未来计划，建立财务模型，预测B公司未来三年的营收规模、盈利水平、现金流情况等，评估B公司未来发展潜力和价值。

法律尽调内容：

B公司的工商注册情况：检查B公司的营业执照副本（或三证合一）、章程及修正案（或股东会议纪要）、股东名册及股权变更登记证明等文件，确认B公司的注册信息和股权结构是否合法有效。

B公司的重大合同情况：检查B公司与客户/Supplier/竞争对手/中介机构等签订的重大合同（如销售合同、采购合同、技术转让合同等），确认合同是否符合法律规定和行业惯例，是否存在违约风险或争议，是否涉及重大权利义务或利益分配等。

B公司的重大诉讼情况：检查B公司是否存在或可能存在的重大诉讼、仲裁、调解、行政处罚等法律纠纷，确认纠纷的原因、性质、进展、结果、影响等，评估B公司的法律责任和损失。

B公司的知识产权情况：检查B公司拥有或使用的专利、商标、版权、商业秘密等知识产权，确认知识产权的有效性、完整性、排他性等，评估B公司的知识产权价值和风险。

行业尽调内容：

汽车零部件行业的发展历程：梳理汽车零部件行业从诞生到现在的发展历程，分析行业发展的主要阶段和特点，总结行业发展的主要驱动因素和制约因素。

汽车零部件行业的市场规模：根据国内外权威数据来源 ，统计汽车零部件行业的市场容量、市场份额、市场增长率等数据，分析行业市场规模的变化趋势和区域分布特点。

汽车零部件行业的增长驱动因素：分析汽车零部件行业增长的内部和外部驱动因素，包括汽车产销量增长、汽车技术升级、汽车消费升级、汽车环保政策等方面。

汽车零部件行业的政策环境：分析汽车零部件行业受到的主要政策影响，包括国家层面和地方层面的政策法规、标准规范、扶持措施等方面。

汽车零部件行业的竞争格局：分析汽车零部件行业的竞争程度和竞争方式，包括行业集中度、市场占有率、产品差异化、价格竞争等方面。同时，对行业内主要竞争对手进行简要介绍，包括其基本情况、产品/服务特点、市场地位、优势劣势等。

汽车零部件行业的未来发展趋势和机会：根据对汽车零部件行业现状和影响因素的分析，预测未来几年内行业发展的主要趋势和机会，包括市场规模预测、技术创新方向、消费需求变化、政策支持力度等方面。

Project Value

尚普咨询公司为A公司提供了一份全面、深入、客观的尽调报告，为A公司进行并购决策提供了有力支持。尚普咨询公司通过尽调服务，为A公司带来了以下价值：

帮助A公司全面了解B公司及其所处行业的情况，为A公司确定并购目标和策略提供了数据支持和专业建议。

帮助A公司评估B公司的价值和风险，为A公司制定并购价格和条款提供了参考依据和谈判筹码。

帮助A公司发现B公司的优势和潜力，为A公司规划并购后的整合和发展提供了方向和建议。

帮助A公司增强对中国市场的了解和信心，为A公司在中国市场的长期发展奠定了基础。