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Company assessment of a China-based floricultural company

In 2003, ProVerde carried out a company assessment on a China-based floricultural production and wholesale company that applied for listing of its shares on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange.

The main objective of the company assessment was to express an opinion on the reasonableness of the cost of sales, production volume, pricing and quality of the company’s products, the gross profit margin, and various other subjects in consideration of and in relation to a fair judgment of the company’s business doing.