ChungRui World Union Appraisal Group（CRWU） was founded in 1992 and is among the firstinstitutions in China to provide valuation services for securities and futures.It is the first firm nationwide to hold a full suite of licenses covering assetvaluation, securities and futures valuation, mining rights valuation, forestresources valuation, and real estate & land valuation, and has ranked amongthe top ten asset valuation firms in China for many consecutive years.

   CRWU has more than 300 professionals, including PhDand master’s degree holders, over 150 asset appraisers, mining rightsappraisers and land valuers, and more than 20 leading experts serving on itsindustry advisory committee.

   Upholding the principles of independence,objectivity and impartiality, CRWU is committed to delivering rigorous andprofessional valuation services to its clients. With dual headquarters inShenzhen and Beijing and subsidiaries in 23 major cities across China, CRWU hasbuilt a nationwide service network. Internationally, its strategiccollaboration with Censere Group in Singapore enables the Group to supportChinese and global clients with high-quality investment and valuation servicesfor overseas markets. Since its establishment, CRWU has completed a series oflandmark valuation projects and has earned strong recognition from regulators,financial institutions and the broader market.

   Our core services offerings include: assetevaluation for the securities industry; Valuation of enterprises in mergers,acquisitions and restructurings; Mining rights valuation; Real estate and landvaluationt; Asset valuation for bankruptcy and reorganization; Valuation ofdata assets and intangible assets; Forest asset valuation; Impairment testingand valuation of single assets and goodwill; Financial due diligence anda broadrange of valuation and financial advisory services.