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Your
professional
adviser
01
About
Ascent Partners
Ascent Partners is a leading provider of Independent
Valuation, Corporate Advisory, Cost Management,
Human Capital – Executive Search and Technology
Advisory.
We partner with our clients to ensure that our tailored
solutions align with their strategic vision to deliver stellar
results. The firm’s vision is to build and grow long-term
business relationships with our clients.
Our Commitment
Ascent Partners’ commitment in providing independent,
timely, professional advice and services gives our clients
the information they need to effectively manage their
business strategies and operations.
Our Services
Valuation:
Ascent Partners provides impartial and independent
valuations of businesses, properties and financial
instruments that meet stringent international standards
and regulatory requirements.
02
Corporate Advisory:
Our Corporate Advisory services
range from Transaction Support, Risk
Analysis, Initial Public Offerings (IPOs)
to Mergers & Acquisitions (M&As).
Cost Management:
Our Cost Management Specialists focus
on helping clients to achieve maximum
cost efficiencies within the short-to-
medium-term.
Human Capital – Executive Search:
Our extensive network enables us
to place the best candidates for the
positions created as our client’s
companies grow.
Technology Advisory:
We provide full-service consulting
for our client’s IT needs. In addition,
we work with financial and risk
management software vendors as a
distributor and solution provider to help
customers establish their financial asset
valuation and risk management system
and platform.
The Big Picture
Our clients enjoy the benefit of leveraging
on the many years of legal, financial and
accounting experience of our multi-
disciplinary team.
Clients have the benefit of accessing
the wide connections and resources
of our carefully cultivated network of
professional and business contacts. This
is especially critical when they are in
the market for investors or looking for
potential targets for acquisitions.
We do not provide advice in isolation.
Our cross-functional team works together
to offer clients an integrated service that
considers the big picture, orchestrating
different processes and connecting parties,
establishing plans and monitoring the
progress of each project to ensure timely
delivery and sustainable results.
03
Industry Expertise
Our client base and industry expertise
cover the full range of industries
including, inter alia, the following:
•	Automobile
•	Banking
•	Construction
•	Electronics
•	Finance
•	 Investment and property
•	Logistics
•	 Media and entertainment
•	 Natural resources and energy
•	 Retail operations
•	Technology
Our Expansion
Ascent Partners was founded in Hong
Kong in 2008 focusing on independent
valuations.
Following the collapse of Lehman
Brothers and the global credit crunch,
we took the opportunity to deepen our
commitment to our clients. During
this challenging period, we helped
companies preserve their value and
improve their bottom line.
We now offer services in Independent
Valuation, Corporate Advisory,
Cost Management, Human Capital
– Executive Search and Technology
Advisory.
We also worked with a number of
universities in the fields of research
and professional development, helping
to establish a Master of Finance degree
in Asset Valuation.
Allied with the growth of our
business, in 2012, we opened offices
in Beijing, Shanghai, Shenzhen and
Singapore to support our headquarters
in Hong Kong.
04
Our
Services
Valuation
A transparent and consistent
independent valuation is a critical
tool for accounting, litigation,
commercial or tax purposes and key
management decisions.
At Ascent Partners, our practitioners
draw from their extensive industrial,
commercial and technical experience
to deliver impartial valuations that
meet international and regulatory
requirements. We provide clients with
comprehensive reports and certificates
that explain the basis and methodologies
of the valuation, clarifying assumptions,
valuation considerations, title
investigation and limiting conditions.
Our experience in advisory and
transaction services enables us to
anticipate and mitigate a variety of
issues raised during and after the
valuation process. This value-added
information is shared with our clients
to help them effectively plan for and
achieve their goals.
The key value Ascent Partners brings
to our clients is that we manage the
coordination of professional parties
on behalf of the client across multiple
jurisdictions to create the desired results.
Financial Instrument Valuation
Ascent Partners provides independent
valuations of financial instruments
in line with established accounting
standards and regulatory requirements.
Our services range from fair value
measurements of stock options,
warrants and currency forwards to
more complex instruments such as
callable, puttable and convertible
bonds, to more exotic structured
05
securities such as equity link
instruments etc. at initial recognition
and subsequent revaluation. In
addition, we also provide hedge
accounting valuation.
Business Valuation
We provide clients with assistance in the
process of determining the economic
value of a business or company.
Business valuations encompass a wide
array of fields and methods and we help
our clients determine the fair value
of a business for a variety of reasons,
including sale value, establishing
partner ownership and M&As.
Common approaches to business
valuation include reviews of financial
statements, discounting cash flow models
and similar company comparisons.
We have provided valuations to some
of the region’s leading companies across
the automobile, biomedical, industrial,
manufacturing, property and technology
sectors.
Property Valuation
We provide clients with fair valuations
of their property, plants, machinery,
equipment and land parcels to comply
with regulatory requirements of IPOs,
audits, acquisitions or divestiture
activities. Our valuations comply with
international standards and follow
industry best practice.
06
Corporate
Advisory
Our corporate advisory services
range from Transaction Support,
Risk Analysis, IPOs to M&As.
From our foundation as an independent
valuations provider, we have developed
a range of corporate advisory services
that aim to help our clients grow and
build value in their business.
We also help clients to project manage
and facilitate a smooth end-to-end
service delivery. We not only help to
establish strategies but also monitor
each project’s performance and progress,
working hand-in-hand with other
parties to ensure issues are resolved
promptly and our client’s requirements
are met.
Transaction Support
At Ascent Partners, we draw from our
valuation and advisory experience to
offer our clients end-to-end support
across the spectrum of transaction
services. We provide clients with
timely information for them to make
knowledgeable and informed decisions
for efficient and effective operations.
07
Some of our services include
helping companies to plan for their
exit strategies, develop financing
arrangements and negotiate favorable
financing terms.
Mergers & Acquisitions
Ascent Partners advises companies
looking to grow through acquisitions
or realize the value of their business
through a well-planned and timely exit.
We work with our clients through the
process, including collaborating and
negotiating with other professionals
(e.g. accountants, financial advisers and
lawyers).
Based on our extensive network of
professional and business contacts,
Ascent Partners is also well positioned
to help companies seeking to divest or
acquire a business. We help to identify,
contact and screen prospective investors
or buyers, finding the right partner
for the transaction and ensuring our
clients receive the best value from their
business.
We help clients review their business,
perform independent valuations,
articulate their value and enter into
discussions with prospective parties
while meeting an array of regulatory
requirements.
The experience acquired through
our valuation division also enables
us to assess and establish appropriate
equity structures, pricing and financial
arrangements.
Risk Analysis
Ascent Partners offers risk analysis to
equip clients with reliable information
on risk so that they can make calculated
decisions. This data primarily helps
clients to quantify risk levels due to the
inherent variability in financial and
market conditions.
Following this, Ascent Partners
continues to support clients by advising
on the potential implications of different
financing options.
08
Our Cost Management Specialists
focus on helping clients to achieve
maximum cost efficiencies within
the short-to-medium-term.
The team draws from our valuation
experience to systematically analyze
overheads, business expenditure and
other records to identify and release
potential savings from existing cost
structure. This approach has delivered
savings of between 10% and 60% for our
clients.
Cost
Management
We help clients realize the maximum
value from their suppliers while
minimizing overheads such as
advertising, packaging and storage. We
offer an ongoing monitoring service
to help clients ensure that reductions
are maintained, freeing clients to focus
on running their core business. This
improves the client’s bottom line with
little to no financial risk.
Our clients operate across a wide range
of industries from banking to consumer
goods, to insurance, printing and
transportation amongst others.
09
Human Capital
– Executive Search
Our extensive network enables us
to place the best candidates for the
positions created as our client’s
companies grow.
We understand the importance of
effective networks. We facilitate best
matches between employers and the
vast talent pool, enabling our clients to
effectively grow their business.
Leveraging the extensive network of
our transaction, advisory and valuation
teams, we have completed search
assignments for some of the region’s
leading investment banks, private equity
funds and listed companies.
10
Technology
Advisory
11
IT Consulting
We provide full-service IT
consulting for our clients’ IT needs.
To help our clients realize the full value
of their IT assets, Ascent Partners
offers a range of services covering IT
alignment, architecture and strategy.
From general office support to
establishing IT platforms, we are also
able to ensure that existing systems meet
complex auditing, financial reporting
and regulatory requirements.
A reliable, useful yet agile IT
infrastructure is one of the most
important advantages a business can
secure, providing a solid foundation for
day-to-day operations as well as a robust
platform to support future growth.
Our technology specialists are able
to provide full-service support to
our clients, from assessing IT needs
to design and implementation of
new systems or system upgrades.
We are also able to provide sourcing
and procurement services, project
management as well as interfacing with
vendors including post-release testing,
contingency planning and 24/7 IT
support.
Financial Software Distribution
Ascent Partners is a distributor
of FINCAD, a financial analytics
and derivatives risk management
software. FINCAD provides corporate
and financial institutions with
comprehensive pricing and risk
management solutions for derivatives
and fixed income instruments. Together,
we help to support your business.
12
Major Clients
1010 Printing Group Limited (1127:HK)
21 Holdings Limited (1003:HK)
ABN AMRO Bank N.V.
Advanced Materials Enterprises Company Limited
AEON Credit Service (Asia) Company Limited (0900:HK)
AIA Hong Kong
Alltronics Holdings Limited (0833:HK)
Amax International Holdings Limited (0959:HK)
Ambiqtech Holdings (BVI) Limited
AMCO United Holding Limited (0630:HK)
APAC Resources Limited (1104:HK)
Apperience Corporation
Asahi (H.K.) Limited
Asia Entertainment & Resources Limited (AERL:NASDAQ)
Asia Global Holdings Limited
Asia Maritime Pacific (Hong Kong) Limited
Asia Pacific Investment Partners
Asia Plus Plus Limited
Asian Citrus Holdings Limited (0073:HK)
Asset Appraisal Limited
AST Equipment (HK) Co Ltd
ATMI AUSTAR Lifesciences Limited
AV Concept Holdings Limited (0595:HK)
Bank of China (Hong Kong) Limited
Bank of Communications
Beijing Capital Land Limited (2868:HK)
Best Pharmaceutical Limited
Besunyen Holdings Company Limited (0926:HK)
Blue Cross Insurance
Bonsai European Fashion Limited
Brightwood Management Limited
Burwill Holdings Ltd (0024:HK)
BYD Electronics (International) Company Limited (0285:HK)
C Y Foundation Group Limited (1182:HK)
Cactus Garment Ltd
Care Management Limited
Castfast Properties Development Co., Ltd.
Cathay International Holdings Limited (CTI:LON)
CBRE HK Limited
CDC Software Investments Limited
CECEP COSTIN New Materials Group Limited (2228:HK)
Ceneric (Holdings) Limited (0542:HK)
Century Ginwa Retail Holdings Limited (0162:HK)
Century Sunshine Group Holdings Limited (8276:HK)
CER Management Limited
Changjiang Corporate Finance (HK) Limited
Charter Bonus Limited
Chemi-Con Material Logistics Ltd.
Chevalier International Holdings Limited (0025:HK)
China Agroforestry Low-Carbon Holdings Limited (1069:HK)
China Bio-Med Regeneration Technology Limited (8158:HK)
China Daye Non-Ferrous Metals Mining Limited (0661:HK)
China Enterprises Limited
China Environmental Resources Group Limited (1130:HK)
China Forestry Holdings Co., Ltd (0930:HK)
China HealthCare Holdings Limited (0673:HK)
China Innovation Holdings Limited
China Innovation Investment Limited (1217:HK)
China Innovationpay Group Limited (8083:HK)
China Investment Development Limited (0204:HK)
China Jiuhao Health Industry Corporation Limited (0419:HK)
China Oriental Culture Group Limited (2371:HK)
China Properties Group Limited (1838:HK)
China Qinfa Group Limited (0866:HK)
China Resources Gas Group Limited (1193:HK)
China Seven Star Holdings Limited (0245:HK)
China Shanshui Cement Group Limited (0691:HK)
China Solar Energy Holdings Limited(0155:HK)
China Strategic Holdings Limited (0235:HK)
China Trends Holdings Limited (8171:HK)
China Xinhua News Network Company Limited
China Yunnan Tin Minerals Group Company Limited
(0263:HK)
Chinlink International Holdings Limited(0997:HK)
Chung Yuen Electrical Company Limited
City University of Macau
Code Agriculture (Holdings) Limited (8153:HK)
COFCO Land Holdings Limited (0207:HK)
Corporate Icon Limited
Coslight Technology International Group Limited (1043:HK)
Cosmo Reach Limited
Cosmos (Shanghai) Development Co., Ltd.
CSI Properties Limited (0497:HK)
CST Mining Group Limited (0985:HK)
Culturecom Holdings Limited (0343:HK)
Daiwa Associate Holdings Limited (1037:HK)
13
DeTeam Company Limited (0065:HK)
Dong Feng Motor Group Company Limited (0489:HK)
Dragon Crown Investments Ltd
Dreamcity Properties Limited
DX.com Holdings Limited (8086:HK)
Eastern Era Investments Limited
Eastern Holdings Ltd. (5KU)
Edelman
EFG Bank AG
eForce Holdings Limited (0943:HK)
EPI (Holdings) Limited (0689:HK)
Eternal Express Limited
Eventic Limited
Eyang Holdings (Group) Company Limited (0117:HK)
Fairson Holdings Limited (8132:HK)
Famous Benefit Limited
Far East Consortium International Limited (0035:HK)
Far East Petroleum Co., Ltd.
Finet Group Limited (8317:HK)
Fountain Set (Holdings) Limited (0420:HK)
Fubon Bank (Hong Kong) Limited
Futong Technology Development Holdings Limited (0465:HK)
Geely Automobile Holdings Limited (0175:HK)
Genting Hong Kong Limited (0678:HK)
Global Bio-chem Technology Group Company Limited
(0809:HK)
GP Batteries
Grant Thornton Hong Kong Limited
Great China Media Holdings Limited
Greentown China Holdings Limited (3900:HK)
G-Resources Group Limited (1051:HK)
G-Vision International (Holdings) Limited (0657:HK)
Haitong International Management Services Company Limited
Hanny Holdings Limited (0275:HK)
Hao Wen Holdings Limited (8019:HK)
Harvest Well International Limited
Heineken
Hing Wah Holdings (Hong Kong) Ltd.
Hoe Hin Pak Fah Yeow Manufactory Limited
Hong Kong Adventist College
Hong Kong Broadband Network Ltd
Hong Kong Health Check and Medical Diagnostic Group
Limited
Hong Kong Polymer Science Limited
Hong Kong SEI-Futong Holding Ltd
Hong Kong Standard & Testing Ctr.
Hong Kong Television Network Ltd.(1137:HK)
Hua Ying Management Company Limited
Hung Fook Tong Holdings
Huscoke Resources Holdings Limited (0704:HK)
I.T Limited (0999:HK)
Icicle Group
ICube Technology Holdings Limited (0139:HK)
Industrial and Commercial Bank of China (Asia) Limited
Inno-Tech Holdings Limited (8202:HK)
Interchina Holdings Company Limited (0202:HK)
iOne Holdings Limited (0982:HK)
ITC Properties Group Limited (0199:HK)
Jackel Porter Company Limited
Jiahua Store Holdings Limited (0602:HK)
Jinheng Automotive Safety Technology Holdings Limited
(0872:HK)
Join Merit Media Holdings Limited
Ju Teng International Holdings Limited (3336:HK)
Jun Yang Solar Power Investments Limited (0397:HK)
Kam Hing International Holdings Limited (2307:HK)
Karrie International Holdings Limited (1050:HK)
Kei Lock Fashion Ltd
Kingmaker Footwear Holdings Limited (1170:HK)
Kiu Hung Energy Holdings Limited (0381:HK)
Ko Yo Chemical (Group) Limited (0827:HK)
Kowloon Biotechnology Limited
KPMG
Kwoon Chung Bus Holdings Limited (0306:HK)
Labixiaoxin Snacks Group Limited (1262:HK)
Lansen Pharmaceutical Holdings Limited (0503:HK)
LCH (Asia-Pacific) Surveyors Limited
Le Beaumont Language Centre
Le Saunda Holdings Limited (0738:HK)
Lee Kee Holdings Limited (0637:HK)
Lee’s Pharmaceutical Holdings Limited(0950:HK)
Lighthouse Technologies Limited
Linkz Industries Limited
Longlife Group Holdings Limited (8037:HK)
L’sea Resources International Holdings Limited (0195:HK)
Lucky Sharp Limited
M Dream Inworld Limited (8100:HK)
Madex International (Holdings) Limited (0231:HK)
14
MASTV (HK) Advertising Limited
Mayer Brown JSM
Mayer Holdings Limited (1116:HK)
Mexan Limited (0022:HK)
Mingyuan Medicare Development Company Limited
(0233:HK)
Minmetals Land Limited (0230:HK)
MMG Limited (1208:HK)
Mongolia Energy Corporation Limited (0276:HK)
Nam Wah Precision Group
NanYang Commercial Bank
National Investments Fund Limited (1227:HK)
Natural Dairy (NZ) Holdings Limited (0462:HK)
Neptune Group Limited (0070:HK)
Netel Technology (Holdings) Limited (8256:HK)
Neural Technologies International Limited
New Era Group (China) Limited
New Ray Medicine International Holding Limited (8180:HK)
New Times Energy Corporation Limited (0166:HK)
New World First Bus Services Limited
Nexia Charles Mar Fan & Co CPA Limited
Next Media Animation Limited
Next Media Limited (0282:HK)
North Mining Shares Company Limited (0433:HK)
Oldham, Li & Nie Lawyers
Onland Development Limited
Opes Asia Development Limited (0810:HK)
Optiled Lighting International Limited
OrienTales Production House Limited
Pacific Logic Limited
Pan Asia Environmental Protection Group Limited (0556:HK)
Pan Asia Mining Limited (8173:HK)
Park Mansions
Peak Vision Appraisals Limited
Perception Digital Holdings Limited (1822:HK)
PetroAsian Energy Holdings Limited (0850:HK)
Ping Shan Tea Group Limited (0364:HK)
Poly Richest International Limited
Polyard Petroleum International Group Ltd (8011:HK)
Polymer Science (Shenzhen) New Materials Co., Ltd.
PricewaterhouseCoopers Hong Kong Limited
Prime Creation Technology Ltd.
Professional Security Services Limited
Prosperity Investment Holdings Limited (0310:HK)
Publicitas Asia Holdings Limited
Qin Jia Yuan Media Services Company Limited(2366:HK)
RC Asia Pacific Limited
Redcats
Reyoung Pharmaceutical Holdings Ltd.
Richfield Group Holdings Ltd (0183:HK)
Richfield Realty Limited
Royal Elastics Holding Limited
SCM & HUB Limited
SCMP Group Limited (0583:HK)
SCUD Group Limited (1399:HK)
Seamless Green China (Holdings) Limited (8150:HK)
SEEC Media Group Limited (0205:HK)
Sheng Yuan Holdings Limited (0851:HK)
Shenzhen Neptunus Interlong Bio-Technique Company
Limited (8329:HK)
Shining Capital Management Limited
Shun Fat Underwear Manufactory Ltd
Silver General Investment Limited
Sino State Development Limited
Sinocop Resources (Holdings) Limited (0476:HK)
Sinofu Group Inc.
Skyfame Realty (Holdings) Limited (0059:HK)
Sonopress Pan Asia Limited
Sony International (Hong Kong) Ltd
Sound Global Ltd.(0967:HK)
South China Forestry Development Limited
South Sea Petroleum Holdings Limited(0076:HK)
Star Mobile DNA Payment Gateway Limited
Stella International Holdings Limited (1836:HK)
Strong Ford Investment
Suga International Holdings Limited (0912:HK)
Sun Century Group Limited (1383:HK)
Sun East Group Limited
Sun Lee Laan Wholesale Food Limited
Sunhing Optical Manufactory Ltd
Sunrise (China) Technology Group Limited (8226:HK)
Sustainable Forest Holdings Limited (0723:HK)
Tai Fung Coach Co. Limited
Tam Wing Kun Holdings Limited
Tao Heung Holdings Ltd
The Coca Cola Company
The Prudential Assurance Company Limited
The Refined Industry Company Limited
Tiande Chemical Holdings Limited (0609:HK)
Tong Yong Kyowa Company Limited
Top Success Enterprises Limited
Town Health International Investments Limited (3886:HK)
Trans-Island Limousine Service Limited
Tse Sui Luen Jewellery (International) Limited (0417:HK)
TSL Jewellery (H.K.) Co. Ltd.
TTG Fintech Limited
Tsit Wing Coffee Company Limited
United Luminous International (Holdings) Limited
ViaGold Capital Limited
Victory Group Limited (1139:HK)
Vision Values Holdings Limited (0862:HK)
Vital Glee Development Limited
Vitasoy International Holdings Limited (0345:HK)
Viva China Holdings Ltd. (8032:HK)
Voltex Asia Capital Limited
Wah Tat Industrial Limited
Waxman Oriental Group
Well Way Group Limited (8063:HK)
Wing Lee Holdings Limited (0876:HK)
Winparf Asia Co. Limited
Wintown Star Wealth Management (HK) Limited
Woolworths
Wuling Motors Holdings Limited (0305:HK)
Yan Hing Engineering Works Limited
Yanchang Petroleum International Limited (0346:HK)
15
Testimonials
“Ascent Partners was engaged to help with our cost management efforts. However, the breadth and depth of their
insight proved invaluable to our operation teams. They really understand our management style, our business
and challenges at a micro and macro level.” – Dr Ricky Szeto, Executive Director, Hung Fook Tong
“We initially asked Ascent Partners to advise us on our financing arrangements, but we were so impressed by their
contribution and analysis that we enlisted them to help across all areas of the transaction. They went above and
beyond, providing outstanding service, working seamlessly with other parties and anchoring us with their incredible
support at a stressful time. They did an excellent job.” – Ms Esther Hui, Former Shareholder, Hui Lau Shan
“Over the past five years, Ascent Partners has maintained a good and cooperative relationship with China Yixing
Industrial Park and the Yixing Municipal Government. Ascent Partners has contributed a great deal to our city’s
open economy by referring foreign businesses, introducing new projects, handling equity financing and helping
corporations to become listed companies. We will certainly recommend Ascent Partners to other companies.” –
Mr Zhou Ming Xin, Yixing Bureau of Commerce
“It is a pleasure to work with Ascent Partners. They deliver fast,
professional and high quality results.” – Ms Claris Tam, LexisNexis
16
“From Madagascar to Mauritius, Ascent Partners is our trusted service provider for valuation and beyond.” –
Mr Elmen Wong, Executive Director, Kam Hing International Holdings
“Ascent Partners took the time to learn what we do and was therefore the best value for our operation. Their
professional, practical, and transparent working style made the experience both efficient and pleasant for all
parties.” – Mr Neal Chu, Henderson Land
“It has been a pleasure working with Ascent Partners over the past few years. The team is always professional
and helpful. They are truly a ‘partner’ and I will not hesitate to recommend them to anyone needing independent
valuation service.” – Mr Kenny Yeung, CFO, SCUD Group Limited
“Ascent Partners was engaged to ascertain the fair value of our share options. In addition to their professionalism,
their expertise exceeded our expectations and they created value by addressing concerns from different parties
within a tight timeframe. We were impressed with Ascent Partners and the great support they showed us.” –
Mr David Cheung, Company Secretary & Financial Controller, Geely Automobile Holdings Limited
“Engaging Ascent Partners to obtain an objective valuation opinion has been a real pleasure. Their work is
professional, efficient and cost-effective, and the team is knowledgeable, enthusiastic and great to work with. We
have no reservations recommending Ascent Partners to other companies.” – Mr Andy Chan, Company Secretary
& Financial Controller, Kwoon Chung Bus Holdings Limited
“Ascent Partners offers a quick and easy way to obtain advice and the team is readily available to answer
questions. We are satisfied with their pleasant and professional service.” – Ms Karen Tsui, Accounting & Finance
Department Manager, Sony International (Hong Kong)
“Ascent Partners provides comprehensive and professional IT services. Their engineers are friendly and
knowledgeable.” – Ms Mavis Lam, Administration Manager, National United Resources Holdings Limited
“They understand our business needs and always give us peace of mind.” – Mr Alan Chui, Director, Sinoway
Carbon Energy Holdings Limited
Contact Us
Hong Kong:
21/F Hong Kong Trade Centre
161-167 Des Voeux Road Central
Hong Kong
Telephone	: 852 3679 3890
Email	 : contact@ascent-partners.com
Beijing:
12/F Excel Centre
No. 6 Wudinghou Street
Xicheng District
Beijing, China, 100033
Telephone	: 86 4001 203 007
Email	 : bj-contact@ascent-partners.com
Shanghai:
Room 2306, Jing An China Building
No 1701 West Beijing Road
Jing An District
Shanghai (Postal Code:200040)
Telephone	: 86 4001 203 007
Email	 : sh-contact@ascent-partners.com
Shenzhen:
Room 3555, 35/F Panglin Plaza
2002 Jiabin Road, Luohu District
Shenzhen, China, 518001
Telephone	: 86 4001 203 007
Email	 : sz-contact@ascent-partners.com
Singapore:
#05-11, 5/F The Quadrant at Cecil
19 Cecil Street, Singapore 049704
Telephone	: 65 6637 8924
Email	 : sg-contact@ascent-partners.com
Website	: www.ascent-partners.com
Ascent Partners and Qinfa

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Ascent Partners and Qinfa

  • 1. C100 M35 Y 25 K0 Your professional adviser
  • 2.
  • 3. 01 About Ascent Partners Ascent Partners is a leading provider of Independent Valuation, Corporate Advisory, Cost Management, Human Capital – Executive Search and Technology Advisory. We partner with our clients to ensure that our tailored solutions align with their strategic vision to deliver stellar results. The firm’s vision is to build and grow long-term business relationships with our clients. Our Commitment Ascent Partners’ commitment in providing independent, timely, professional advice and services gives our clients the information they need to effectively manage their business strategies and operations. Our Services Valuation: Ascent Partners provides impartial and independent valuations of businesses, properties and financial instruments that meet stringent international standards and regulatory requirements.
  • 4. 02 Corporate Advisory: Our Corporate Advisory services range from Transaction Support, Risk Analysis, Initial Public Offerings (IPOs) to Mergers & Acquisitions (M&As). Cost Management: Our Cost Management Specialists focus on helping clients to achieve maximum cost efficiencies within the short-to- medium-term. Human Capital – Executive Search: Our extensive network enables us to place the best candidates for the positions created as our client’s companies grow. Technology Advisory: We provide full-service consulting for our client’s IT needs. In addition, we work with financial and risk management software vendors as a distributor and solution provider to help customers establish their financial asset valuation and risk management system and platform. The Big Picture Our clients enjoy the benefit of leveraging on the many years of legal, financial and accounting experience of our multi- disciplinary team. Clients have the benefit of accessing the wide connections and resources of our carefully cultivated network of professional and business contacts. This is especially critical when they are in the market for investors or looking for potential targets for acquisitions. We do not provide advice in isolation. Our cross-functional team works together to offer clients an integrated service that considers the big picture, orchestrating different processes and connecting parties, establishing plans and monitoring the progress of each project to ensure timely delivery and sustainable results.
  • 5. 03 Industry Expertise Our client base and industry expertise cover the full range of industries including, inter alia, the following: • Automobile • Banking • Construction • Electronics • Finance • Investment and property • Logistics • Media and entertainment • Natural resources and energy • Retail operations • Technology Our Expansion Ascent Partners was founded in Hong Kong in 2008 focusing on independent valuations. Following the collapse of Lehman Brothers and the global credit crunch, we took the opportunity to deepen our commitment to our clients. During this challenging period, we helped companies preserve their value and improve their bottom line. We now offer services in Independent Valuation, Corporate Advisory, Cost Management, Human Capital – Executive Search and Technology Advisory. We also worked with a number of universities in the fields of research and professional development, helping to establish a Master of Finance degree in Asset Valuation. Allied with the growth of our business, in 2012, we opened offices in Beijing, Shanghai, Shenzhen and Singapore to support our headquarters in Hong Kong.
  • 6. 04 Our Services Valuation A transparent and consistent independent valuation is a critical tool for accounting, litigation, commercial or tax purposes and key management decisions. At Ascent Partners, our practitioners draw from their extensive industrial, commercial and technical experience to deliver impartial valuations that meet international and regulatory requirements. We provide clients with comprehensive reports and certificates that explain the basis and methodologies of the valuation, clarifying assumptions, valuation considerations, title investigation and limiting conditions. Our experience in advisory and transaction services enables us to anticipate and mitigate a variety of issues raised during and after the valuation process. This value-added information is shared with our clients to help them effectively plan for and achieve their goals. The key value Ascent Partners brings to our clients is that we manage the coordination of professional parties on behalf of the client across multiple jurisdictions to create the desired results. Financial Instrument Valuation Ascent Partners provides independent valuations of financial instruments in line with established accounting standards and regulatory requirements. Our services range from fair value measurements of stock options, warrants and currency forwards to more complex instruments such as callable, puttable and convertible bonds, to more exotic structured
  • 7. 05 securities such as equity link instruments etc. at initial recognition and subsequent revaluation. In addition, we also provide hedge accounting valuation. Business Valuation We provide clients with assistance in the process of determining the economic value of a business or company. Business valuations encompass a wide array of fields and methods and we help our clients determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership and M&As. Common approaches to business valuation include reviews of financial statements, discounting cash flow models and similar company comparisons. We have provided valuations to some of the region’s leading companies across the automobile, biomedical, industrial, manufacturing, property and technology sectors. Property Valuation We provide clients with fair valuations of their property, plants, machinery, equipment and land parcels to comply with regulatory requirements of IPOs, audits, acquisitions or divestiture activities. Our valuations comply with international standards and follow industry best practice.
  • 8. 06 Corporate Advisory Our corporate advisory services range from Transaction Support, Risk Analysis, IPOs to M&As. From our foundation as an independent valuations provider, we have developed a range of corporate advisory services that aim to help our clients grow and build value in their business. We also help clients to project manage and facilitate a smooth end-to-end service delivery. We not only help to establish strategies but also monitor each project’s performance and progress, working hand-in-hand with other parties to ensure issues are resolved promptly and our client’s requirements are met. Transaction Support At Ascent Partners, we draw from our valuation and advisory experience to offer our clients end-to-end support across the spectrum of transaction services. We provide clients with timely information for them to make knowledgeable and informed decisions for efficient and effective operations.
  • 9. 07 Some of our services include helping companies to plan for their exit strategies, develop financing arrangements and negotiate favorable financing terms. Mergers & Acquisitions Ascent Partners advises companies looking to grow through acquisitions or realize the value of their business through a well-planned and timely exit. We work with our clients through the process, including collaborating and negotiating with other professionals (e.g. accountants, financial advisers and lawyers). Based on our extensive network of professional and business contacts, Ascent Partners is also well positioned to help companies seeking to divest or acquire a business. We help to identify, contact and screen prospective investors or buyers, finding the right partner for the transaction and ensuring our clients receive the best value from their business. We help clients review their business, perform independent valuations, articulate their value and enter into discussions with prospective parties while meeting an array of regulatory requirements. The experience acquired through our valuation division also enables us to assess and establish appropriate equity structures, pricing and financial arrangements. Risk Analysis Ascent Partners offers risk analysis to equip clients with reliable information on risk so that they can make calculated decisions. This data primarily helps clients to quantify risk levels due to the inherent variability in financial and market conditions. Following this, Ascent Partners continues to support clients by advising on the potential implications of different financing options.
  • 10. 08 Our Cost Management Specialists focus on helping clients to achieve maximum cost efficiencies within the short-to-medium-term. The team draws from our valuation experience to systematically analyze overheads, business expenditure and other records to identify and release potential savings from existing cost structure. This approach has delivered savings of between 10% and 60% for our clients. Cost Management We help clients realize the maximum value from their suppliers while minimizing overheads such as advertising, packaging and storage. We offer an ongoing monitoring service to help clients ensure that reductions are maintained, freeing clients to focus on running their core business. This improves the client’s bottom line with little to no financial risk. Our clients operate across a wide range of industries from banking to consumer goods, to insurance, printing and transportation amongst others.
  • 11. 09 Human Capital – Executive Search Our extensive network enables us to place the best candidates for the positions created as our client’s companies grow. We understand the importance of effective networks. We facilitate best matches between employers and the vast talent pool, enabling our clients to effectively grow their business. Leveraging the extensive network of our transaction, advisory and valuation teams, we have completed search assignments for some of the region’s leading investment banks, private equity funds and listed companies.
  • 13. 11 IT Consulting We provide full-service IT consulting for our clients’ IT needs. To help our clients realize the full value of their IT assets, Ascent Partners offers a range of services covering IT alignment, architecture and strategy. From general office support to establishing IT platforms, we are also able to ensure that existing systems meet complex auditing, financial reporting and regulatory requirements. A reliable, useful yet agile IT infrastructure is one of the most important advantages a business can secure, providing a solid foundation for day-to-day operations as well as a robust platform to support future growth. Our technology specialists are able to provide full-service support to our clients, from assessing IT needs to design and implementation of new systems or system upgrades. We are also able to provide sourcing and procurement services, project management as well as interfacing with vendors including post-release testing, contingency planning and 24/7 IT support. Financial Software Distribution Ascent Partners is a distributor of FINCAD, a financial analytics and derivatives risk management software. FINCAD provides corporate and financial institutions with comprehensive pricing and risk management solutions for derivatives and fixed income instruments. Together, we help to support your business.
  • 14. 12 Major Clients 1010 Printing Group Limited (1127:HK) 21 Holdings Limited (1003:HK) ABN AMRO Bank N.V. Advanced Materials Enterprises Company Limited AEON Credit Service (Asia) Company Limited (0900:HK) AIA Hong Kong Alltronics Holdings Limited (0833:HK) Amax International Holdings Limited (0959:HK) Ambiqtech Holdings (BVI) Limited AMCO United Holding Limited (0630:HK) APAC Resources Limited (1104:HK) Apperience Corporation Asahi (H.K.) Limited Asia Entertainment & Resources Limited (AERL:NASDAQ) Asia Global Holdings Limited Asia Maritime Pacific (Hong Kong) Limited Asia Pacific Investment Partners Asia Plus Plus Limited Asian Citrus Holdings Limited (0073:HK) Asset Appraisal Limited AST Equipment (HK) Co Ltd ATMI AUSTAR Lifesciences Limited AV Concept Holdings Limited (0595:HK) Bank of China (Hong Kong) Limited Bank of Communications Beijing Capital Land Limited (2868:HK) Best Pharmaceutical Limited Besunyen Holdings Company Limited (0926:HK) Blue Cross Insurance Bonsai European Fashion Limited Brightwood Management Limited Burwill Holdings Ltd (0024:HK) BYD Electronics (International) Company Limited (0285:HK) C Y Foundation Group Limited (1182:HK) Cactus Garment Ltd Care Management Limited Castfast Properties Development Co., Ltd. Cathay International Holdings Limited (CTI:LON) CBRE HK Limited CDC Software Investments Limited CECEP COSTIN New Materials Group Limited (2228:HK) Ceneric (Holdings) Limited (0542:HK) Century Ginwa Retail Holdings Limited (0162:HK) Century Sunshine Group Holdings Limited (8276:HK) CER Management Limited Changjiang Corporate Finance (HK) Limited Charter Bonus Limited Chemi-Con Material Logistics Ltd. Chevalier International Holdings Limited (0025:HK) China Agroforestry Low-Carbon Holdings Limited (1069:HK) China Bio-Med Regeneration Technology Limited (8158:HK) China Daye Non-Ferrous Metals Mining Limited (0661:HK) China Enterprises Limited China Environmental Resources Group Limited (1130:HK) China Forestry Holdings Co., Ltd (0930:HK) China HealthCare Holdings Limited (0673:HK) China Innovation Holdings Limited China Innovation Investment Limited (1217:HK) China Innovationpay Group Limited (8083:HK) China Investment Development Limited (0204:HK) China Jiuhao Health Industry Corporation Limited (0419:HK) China Oriental Culture Group Limited (2371:HK) China Properties Group Limited (1838:HK) China Qinfa Group Limited (0866:HK) China Resources Gas Group Limited (1193:HK) China Seven Star Holdings Limited (0245:HK) China Shanshui Cement Group Limited (0691:HK) China Solar Energy Holdings Limited(0155:HK) China Strategic Holdings Limited (0235:HK) China Trends Holdings Limited (8171:HK) China Xinhua News Network Company Limited China Yunnan Tin Minerals Group Company Limited (0263:HK) Chinlink International Holdings Limited(0997:HK) Chung Yuen Electrical Company Limited City University of Macau Code Agriculture (Holdings) Limited (8153:HK) COFCO Land Holdings Limited (0207:HK) Corporate Icon Limited Coslight Technology International Group Limited (1043:HK) Cosmo Reach Limited Cosmos (Shanghai) Development Co., Ltd. CSI Properties Limited (0497:HK) CST Mining Group Limited (0985:HK) Culturecom Holdings Limited (0343:HK) Daiwa Associate Holdings Limited (1037:HK)
  • 15. 13 DeTeam Company Limited (0065:HK) Dong Feng Motor Group Company Limited (0489:HK) Dragon Crown Investments Ltd Dreamcity Properties Limited DX.com Holdings Limited (8086:HK) Eastern Era Investments Limited Eastern Holdings Ltd. (5KU) Edelman EFG Bank AG eForce Holdings Limited (0943:HK) EPI (Holdings) Limited (0689:HK) Eternal Express Limited Eventic Limited Eyang Holdings (Group) Company Limited (0117:HK) Fairson Holdings Limited (8132:HK) Famous Benefit Limited Far East Consortium International Limited (0035:HK) Far East Petroleum Co., Ltd. Finet Group Limited (8317:HK) Fountain Set (Holdings) Limited (0420:HK) Fubon Bank (Hong Kong) Limited Futong Technology Development Holdings Limited (0465:HK) Geely Automobile Holdings Limited (0175:HK) Genting Hong Kong Limited (0678:HK) Global Bio-chem Technology Group Company Limited (0809:HK) GP Batteries Grant Thornton Hong Kong Limited Great China Media Holdings Limited Greentown China Holdings Limited (3900:HK) G-Resources Group Limited (1051:HK) G-Vision International (Holdings) Limited (0657:HK) Haitong International Management Services Company Limited Hanny Holdings Limited (0275:HK) Hao Wen Holdings Limited (8019:HK) Harvest Well International Limited Heineken Hing Wah Holdings (Hong Kong) Ltd. Hoe Hin Pak Fah Yeow Manufactory Limited Hong Kong Adventist College Hong Kong Broadband Network Ltd Hong Kong Health Check and Medical Diagnostic Group Limited Hong Kong Polymer Science Limited Hong Kong SEI-Futong Holding Ltd Hong Kong Standard & Testing Ctr. Hong Kong Television Network Ltd.(1137:HK) Hua Ying Management Company Limited Hung Fook Tong Holdings Huscoke Resources Holdings Limited (0704:HK) I.T Limited (0999:HK) Icicle Group ICube Technology Holdings Limited (0139:HK) Industrial and Commercial Bank of China (Asia) Limited Inno-Tech Holdings Limited (8202:HK) Interchina Holdings Company Limited (0202:HK) iOne Holdings Limited (0982:HK) ITC Properties Group Limited (0199:HK) Jackel Porter Company Limited Jiahua Store Holdings Limited (0602:HK) Jinheng Automotive Safety Technology Holdings Limited (0872:HK) Join Merit Media Holdings Limited Ju Teng International Holdings Limited (3336:HK) Jun Yang Solar Power Investments Limited (0397:HK) Kam Hing International Holdings Limited (2307:HK) Karrie International Holdings Limited (1050:HK) Kei Lock Fashion Ltd Kingmaker Footwear Holdings Limited (1170:HK) Kiu Hung Energy Holdings Limited (0381:HK) Ko Yo Chemical (Group) Limited (0827:HK) Kowloon Biotechnology Limited KPMG Kwoon Chung Bus Holdings Limited (0306:HK) Labixiaoxin Snacks Group Limited (1262:HK) Lansen Pharmaceutical Holdings Limited (0503:HK) LCH (Asia-Pacific) Surveyors Limited Le Beaumont Language Centre Le Saunda Holdings Limited (0738:HK) Lee Kee Holdings Limited (0637:HK) Lee’s Pharmaceutical Holdings Limited(0950:HK) Lighthouse Technologies Limited Linkz Industries Limited Longlife Group Holdings Limited (8037:HK) L’sea Resources International Holdings Limited (0195:HK) Lucky Sharp Limited M Dream Inworld Limited (8100:HK) Madex International (Holdings) Limited (0231:HK)
  • 16. 14 MASTV (HK) Advertising Limited Mayer Brown JSM Mayer Holdings Limited (1116:HK) Mexan Limited (0022:HK) Mingyuan Medicare Development Company Limited (0233:HK) Minmetals Land Limited (0230:HK) MMG Limited (1208:HK) Mongolia Energy Corporation Limited (0276:HK) Nam Wah Precision Group NanYang Commercial Bank National Investments Fund Limited (1227:HK) Natural Dairy (NZ) Holdings Limited (0462:HK) Neptune Group Limited (0070:HK) Netel Technology (Holdings) Limited (8256:HK) Neural Technologies International Limited New Era Group (China) Limited New Ray Medicine International Holding Limited (8180:HK) New Times Energy Corporation Limited (0166:HK) New World First Bus Services Limited Nexia Charles Mar Fan & Co CPA Limited Next Media Animation Limited Next Media Limited (0282:HK) North Mining Shares Company Limited (0433:HK) Oldham, Li & Nie Lawyers Onland Development Limited Opes Asia Development Limited (0810:HK) Optiled Lighting International Limited OrienTales Production House Limited Pacific Logic Limited Pan Asia Environmental Protection Group Limited (0556:HK) Pan Asia Mining Limited (8173:HK) Park Mansions Peak Vision Appraisals Limited Perception Digital Holdings Limited (1822:HK) PetroAsian Energy Holdings Limited (0850:HK) Ping Shan Tea Group Limited (0364:HK) Poly Richest International Limited Polyard Petroleum International Group Ltd (8011:HK) Polymer Science (Shenzhen) New Materials Co., Ltd. PricewaterhouseCoopers Hong Kong Limited Prime Creation Technology Ltd. Professional Security Services Limited Prosperity Investment Holdings Limited (0310:HK) Publicitas Asia Holdings Limited Qin Jia Yuan Media Services Company Limited(2366:HK) RC Asia Pacific Limited Redcats Reyoung Pharmaceutical Holdings Ltd. Richfield Group Holdings Ltd (0183:HK) Richfield Realty Limited Royal Elastics Holding Limited SCM & HUB Limited SCMP Group Limited (0583:HK) SCUD Group Limited (1399:HK) Seamless Green China (Holdings) Limited (8150:HK) SEEC Media Group Limited (0205:HK) Sheng Yuan Holdings Limited (0851:HK) Shenzhen Neptunus Interlong Bio-Technique Company Limited (8329:HK) Shining Capital Management Limited Shun Fat Underwear Manufactory Ltd Silver General Investment Limited Sino State Development Limited Sinocop Resources (Holdings) Limited (0476:HK) Sinofu Group Inc. Skyfame Realty (Holdings) Limited (0059:HK) Sonopress Pan Asia Limited Sony International (Hong Kong) Ltd Sound Global Ltd.(0967:HK) South China Forestry Development Limited South Sea Petroleum Holdings Limited(0076:HK) Star Mobile DNA Payment Gateway Limited Stella International Holdings Limited (1836:HK) Strong Ford Investment Suga International Holdings Limited (0912:HK) Sun Century Group Limited (1383:HK) Sun East Group Limited Sun Lee Laan Wholesale Food Limited Sunhing Optical Manufactory Ltd Sunrise (China) Technology Group Limited (8226:HK) Sustainable Forest Holdings Limited (0723:HK) Tai Fung Coach Co. Limited Tam Wing Kun Holdings Limited Tao Heung Holdings Ltd The Coca Cola Company The Prudential Assurance Company Limited The Refined Industry Company Limited Tiande Chemical Holdings Limited (0609:HK) Tong Yong Kyowa Company Limited Top Success Enterprises Limited Town Health International Investments Limited (3886:HK) Trans-Island Limousine Service Limited Tse Sui Luen Jewellery (International) Limited (0417:HK) TSL Jewellery (H.K.) Co. Ltd. TTG Fintech Limited Tsit Wing Coffee Company Limited United Luminous International (Holdings) Limited ViaGold Capital Limited Victory Group Limited (1139:HK) Vision Values Holdings Limited (0862:HK) Vital Glee Development Limited Vitasoy International Holdings Limited (0345:HK) Viva China Holdings Ltd. (8032:HK) Voltex Asia Capital Limited Wah Tat Industrial Limited Waxman Oriental Group Well Way Group Limited (8063:HK) Wing Lee Holdings Limited (0876:HK) Winparf Asia Co. Limited Wintown Star Wealth Management (HK) Limited Woolworths Wuling Motors Holdings Limited (0305:HK) Yan Hing Engineering Works Limited Yanchang Petroleum International Limited (0346:HK)
  • 17. 15 Testimonials “Ascent Partners was engaged to help with our cost management efforts. However, the breadth and depth of their insight proved invaluable to our operation teams. They really understand our management style, our business and challenges at a micro and macro level.” – Dr Ricky Szeto, Executive Director, Hung Fook Tong “We initially asked Ascent Partners to advise us on our financing arrangements, but we were so impressed by their contribution and analysis that we enlisted them to help across all areas of the transaction. They went above and beyond, providing outstanding service, working seamlessly with other parties and anchoring us with their incredible support at a stressful time. They did an excellent job.” – Ms Esther Hui, Former Shareholder, Hui Lau Shan “Over the past five years, Ascent Partners has maintained a good and cooperative relationship with China Yixing Industrial Park and the Yixing Municipal Government. Ascent Partners has contributed a great deal to our city’s open economy by referring foreign businesses, introducing new projects, handling equity financing and helping corporations to become listed companies. We will certainly recommend Ascent Partners to other companies.” – Mr Zhou Ming Xin, Yixing Bureau of Commerce “It is a pleasure to work with Ascent Partners. They deliver fast, professional and high quality results.” – Ms Claris Tam, LexisNexis
  • 18. 16 “From Madagascar to Mauritius, Ascent Partners is our trusted service provider for valuation and beyond.” – Mr Elmen Wong, Executive Director, Kam Hing International Holdings “Ascent Partners took the time to learn what we do and was therefore the best value for our operation. Their professional, practical, and transparent working style made the experience both efficient and pleasant for all parties.” – Mr Neal Chu, Henderson Land “It has been a pleasure working with Ascent Partners over the past few years. The team is always professional and helpful. They are truly a ‘partner’ and I will not hesitate to recommend them to anyone needing independent valuation service.” – Mr Kenny Yeung, CFO, SCUD Group Limited “Ascent Partners was engaged to ascertain the fair value of our share options. In addition to their professionalism, their expertise exceeded our expectations and they created value by addressing concerns from different parties within a tight timeframe. We were impressed with Ascent Partners and the great support they showed us.” – Mr David Cheung, Company Secretary & Financial Controller, Geely Automobile Holdings Limited “Engaging Ascent Partners to obtain an objective valuation opinion has been a real pleasure. Their work is professional, efficient and cost-effective, and the team is knowledgeable, enthusiastic and great to work with. We have no reservations recommending Ascent Partners to other companies.” – Mr Andy Chan, Company Secretary & Financial Controller, Kwoon Chung Bus Holdings Limited “Ascent Partners offers a quick and easy way to obtain advice and the team is readily available to answer questions. We are satisfied with their pleasant and professional service.” – Ms Karen Tsui, Accounting & Finance Department Manager, Sony International (Hong Kong) “Ascent Partners provides comprehensive and professional IT services. Their engineers are friendly and knowledgeable.” – Ms Mavis Lam, Administration Manager, National United Resources Holdings Limited “They understand our business needs and always give us peace of mind.” – Mr Alan Chui, Director, Sinoway Carbon Energy Holdings Limited
  • 19. Contact Us Hong Kong: 21/F Hong Kong Trade Centre 161-167 Des Voeux Road Central Hong Kong Telephone : 852 3679 3890 Email : contact@ascent-partners.com Beijing: 12/F Excel Centre No. 6 Wudinghou Street Xicheng District Beijing, China, 100033 Telephone : 86 4001 203 007 Email : bj-contact@ascent-partners.com Shanghai: Room 2306, Jing An China Building No 1701 West Beijing Road Jing An District Shanghai (Postal Code:200040) Telephone : 86 4001 203 007 Email : sh-contact@ascent-partners.com Shenzhen: Room 3555, 35/F Panglin Plaza 2002 Jiabin Road, Luohu District Shenzhen, China, 518001 Telephone : 86 4001 203 007 Email : sz-contact@ascent-partners.com Singapore: #05-11, 5/F The Quadrant at Cecil 19 Cecil Street, Singapore 049704 Telephone : 65 6637 8924 Email : sg-contact@ascent-partners.com Website : www.ascent-partners.com