china-pitch-deck

Purpose

Populate A股投行 Pitch Deck / 路演材料 templates with financial data, charts, and narrative for Chinese target companies.

Data Sources

Tier 0 — 万得 Wind（最全面付费数据）

• 覆盖：A股/港美股/基金/指数/债券/宏观/研报/分析（44个工具）
• MCP 服务：wind-mcp（需 WIND_API_KEY 密钥，以 ak_ 开头）
• 优势：全市场覆盖面最广、数据最全面、包含研报和量化分析
• 密钥申请：https://aifinmarket.wind.com.cn/#/home

Tier 1 — 同花顺 iFind（付费精确数据）/ AkShare MCP（Tier-2 免费备选）

get_stock_info(ticker)                        → Company overview
get_quote(ticker)                            → Current valuation, multiples
get_historical_data(ticker)                  → Stock performance chart data
get_financials(ticker, "income", "annual")    → Revenue, profit trends
get_financials(ticker, "balance", "annual")   → Balance sheet
get_financials(ticker, "cashflow", "annual")  → Cash flow
get_industry_stocks(industry="...")            → Peer companies

Secondary Sources

• 巨潮资讯 — annual reports, IR presentations
• 公司官网 — investor relations materials
• 券商研报 — existing research for reference
• Wind / Choice — comprehensive data

Workflow

Step 1: Understand the Template

Typical A-share pitch deck sections:

Slide #	Section	Content
1	Cover	Company name, ticker, transaction overview
2	Executive Summary	Investment highlights, valuation summary
3	Company Overview	Business model, history, structure
4	Industry Overview	Market size, trends, policy
5	Competitive Landscape	Market share, positioning
6	Financial Summary	Revenue, profit, margins (historical)
7	Operating Metrics	Key KPIs by segment
8	Trading Comparables	Peer multiples, dispersion
9	Precedent Transactions	Comparable M&A
10	DCF Valuation	Football field, sensitivity
11	Transaction Rationale	Why now, why this buyer
12	Risks & Mitigations	Key risks and how to address

Step 2: Gather Data

For each section, pull required data:

# Company data
get_stock_info(ticker)
get_quote(ticker)

# Financial history
get_financials(ticker, "income", "annual")
get_financials(ticker, "balance", "annual")
get_financials(ticker, "cashflow", "annual")

# Peer data
peers = get_industry_stocks(industry="...")
for peer in peers:
    get_quote(peer["代码"])
    get_financials(peer["代码"], "income", "annual")

Step 3: Populate Each Slide

Slide-by-slide guidelines:

Slide 1: Cover

• Company name and logo
• Stock code and listing board
• Transaction description
• Date and confidentiality

Slide 2: Executive Summary

• 3-5 investment highlights
• Key financial metrics (revenue, profit, growth)
• Valuation summary (range, midpoint)
• Recommendation

Slide 3: Company Overview

• Business description (主营业务)
• History and milestones
• Organizational structure
• Management team
• Geographic footprint

Slide 4: Industry Overview

• Market size and growth (市场规模, 增速)
• Key trends (发展趋势)
• Policy environment (政策环境)
• A-share sector context

Slide 5: Competitive Landscape

• Market share map
• Competitive positioning
• Key competitors with comparison table
• Competitive advantages (竞争优势)

Slide 6: Financial Summary

• Revenue and profit history (3-5 years)
• Margin trends
• Growth rates
• Key ratio trends

Slide 7: Operating Metrics

• Segment revenue breakdown
• Volume/unit metrics
• Capacity/utilization
• Quality metrics (ROE, FCF)

Slide 8: Trading Comparables

• Peer comparison table
• Scatter plot (Growth vs Multiple)
• Multiple dispersion analysis
• Where target trades vs peers

Slide 9: Precedent Transactions

• Comparable China M&A deals
• Transaction multiples
• Premiums paid
• Strategic rationale

Slide 10: DCF & Football Field

• DCF valuation summary
• Football field chart
• Sensitivity tables
• Target price range

Slide 11: Transaction Rationale

• Strategic fit
• Synergy potential
• Why now
• Value creation plan

Slide 12: Risks

• Key risk factors
• Mitigation strategies
• Probability and impact assessment

Step 4: Design & Formatting

Design principles:

• Consistent with firm's pitch deck template
• Clean, professional appearance
• Data-driven, not text-heavy
• Key numbers prominent
• Charts simple and readable

China-specific formatting:

• 人民币 (CNY) as currency
• A-share terminology (主板/创业板/科创板)
• Chinese company names with tickers
• Policy context where relevant

Step 5: Quality Check

Before finalizing:

• All data sourced from 巨潮 / AkShare
• Charts readable and properly labeled
• Numbers consistent across slides
• Valuation analysis sound
• Design consistent with template
• Confidentiality marked
• All citations included

China-Specific Pitch Considerations

Transaction Context

Transaction Type	A-share Considerations
借壳上市 (Backdoor listing)	Shell company analysis, regulatory timeline
吸收合并 (Merger)	Exchange ratio, shareholder approval
重大资产重组 (Major asset restructuring)	CSRC review, disclosure requirements
私有化 (Take-private)	Premium required, relisting timeline
产业并购 (Strategic M&A)	Synergy focus, anti-monopoly review

Valuation Benchmarks

A-share M&A premiums:

• Control premium: 20-40% typical
• Strategic premium: 30-50%
• Take-private: 30-50% minimum
• Distressed: varies widely

Comparable multiples (China):

• EV/Revenue: 2-10x (varies by sector)
• EV/EBITDA: 6-15x (typical for industrials)
• P/E: 10-40x (sector dependent)

Regulatory Context

Key regulations to reference:

• 《上市公司重大资产重组管理办法》
• 《上市公司收购管理办法》
• 反垄断审查 (SAMR)
• 经营者集中申报 thresholds

Quality Checks

Before delivering:

• All financial data sourced and accurate
• Valuation analysis complete
• Charts and tables populated correctly
• Design consistent with template
• China-specific context included
• Risk factors appropriate
• Confidentiality marked

Data Source Mode Switch: Set env var IFIND_DATA_SOURCE_MODE to control data source preference.

• ifind-only (strict): Use iFind only, error if unavailable
• ifind-fallback (default): iFind preferred, fallback to AkShare
• akshare-only: Skip iFind, use AkShare only
• wind-only: Wind only, error if unavailable
• wind-fallback: Wind first, fallback to iFind → AkShare