CEA had
undertaken CNPCI’s project concerning capital increase and share expansion from
2012 to 2013. Assets entrusted by CNPCI to appraise are oil and gas assets
distributed in almost 30 countries in Africa, Asia and America, etc., amounting
to around RMB 100 billion.
The project is the
first one adopting preferred stock financing mode by Chinese state-owned
enterprise and the first largest overseas investment project since the
establishment of China Reform Holdings Corporation. CEA kept consistence with
international appraisal convention and completed the appraisal by adopting
income approach, market approach and investment value type, laying foundation
for bilateral and multilateral strategic cooperation. Meanwhile, by elaborately
designing valuation mode and conducting multi-disciplinary data argument, CEA
performed well in the project.
