GoFintech Details Quantum Venture Valuation

GoFintech Innovation Limited (HK:0290) has released an update.

GoFintech Innovation Limited has provided supplemental information regarding its equity acquisition in a target company within the quantum computing industry, highlighting the appraisal based on comparative analysis with similar tech companies and a detailed Investment Report. The valuation, which used a discounted cash flow method, projects significant sales and net profit growth for the target company during the forecast period, influencing the acquisition’s consideration.

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