---
title: "GENVICT: Plans to acquire 100% equity of CheLuTong for 74.424 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231205292.md"
description: "GENVICT announced that the company intends to acquire 100% of the equity of Che Lu Tong Technology Co., Ltd. for cash of 74.424 million yuan. This assessment uses the income method to evaluate the total equity value of Che Lu Tong's shareholders. Based on comprehensive judgments such as future income forecasts and discount rate selection, the valuation of the target asset is reasonable. After the completion of this transaction, the company will hold 100% of the equity of Che Lu Tong, which will become a wholly-owned subsidiary of the company and be included in the company's consolidated financial statements"
datetime: "2025-03-10T11:01:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231205292.md)
  - [en](https://longbridge.com/en/news/231205292.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231205292.md)
generator: "portal-rs"
---

# GENVICT: Plans to acquire 100% equity of CheLuTong for 74.424 million yuan

GENVICT announced that the company intends to acquire 100% of the equity of Che Lu Tong Technology Co., Ltd. for cash of 74.424 million yuan. This assessment uses the income method to evaluate the total equity value of Che Lu Tong's shareholders. Based on comprehensive judgments such as future income forecasts and discount rate selection, the valuation of the target asset is considered reasonable. Upon completion of this transaction, the company will hold 100% of Che Lu Tong's equity, and Che Lu Tong will become a wholly-owned subsidiary of the company, included in the company's consolidated financial statements

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**