---
title: "Longcheer Details Valuation Basis for 60% Stake Acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283864971.md"
description: "Shanghai Longcheer Technology Co., Ltd. has provided details on its acquisition of a 60% stake in certain target companies, with a valuation of approximately RMB928.98 million as of December 31, 2025. The valuation was based on a discounted cash flow method and complies with Hong Kong listing rules. The company aims to enhance its market position and growth through this acquisition, emphasizing transparency and regulatory compliance in the process."
datetime: "2026-04-23T15:08:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283864971.md)
  - [en](https://longbridge.com/en/news/283864971.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283864971.md)
---

# Longcheer Details Valuation Basis for 60% Stake Acquisition

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Shanghai Longcheer Technology Co., Ltd. Class H ( (HK:9611) ) has issued an update.

Shanghai Longcheer Technology Co., Ltd. has provided further details on its discloseable transaction to acquire a 60% equity interest in certain target companies, following an earlier announcement in March 2026. The deal consideration was based on an independent valuation that placed the market value of 100% of the targets’ equity at about RMB928.98 million as of December 31, 2025.

Because the valuer applied a discounted cash flow method under the income approach, the valuation is treated as a profit forecast under Hong Kong listing rules. The company outlined the valuer’s scope of work and information sources, emphasizing reliance on management data and market research, underscoring regulatory compliance and providing stakeholders with greater transparency around the financial basis for the acquisition.

**More about Shanghai Longcheer Technology Co., Ltd. Class H**

Shanghai Longcheer Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with limited liability and listed in Hong Kong. The company operates in the technology and manufacturing space and is expanding its portfolio through acquisitions of related target companies to strengthen its market position and growth prospects.

**Average Trading Volume:** 985,668

**Current Market Cap:** HK$17.64B

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