china-merger-model

china-merger-model is a skill for Claude Code from jwangkun/claude-for-financial-services-cn. It costs 81 tokens per session (1,985 once invoked), scanned A, original, Apache-2.0.

A financial model for analysing the effects of one Chinese company buying or merging with another. It examines whether the deal increases or reduces earnings per share, expected synergies, and how the purchase price is allocated under Chinese accounting rules.

In plain words
What is it for?
Use it to analyse A-share mergers and acquisitions, compare cash, share, asset, or merger structures, estimate synergies, and assess post-deal earnings effects.
Why use it?
It prevents a model built for US transactions from being applied unchanged to Chinese deals. It accounts for differences in accounting, taxes, currency, transaction structures, and related costs.

Skill for Claude Code

Written for Claude Code: shipped in a Claude Code plugin.

Part of the investment-banking plugin — 10 skills shipped together

Good fit Use it to analyse A-share mergers and acquisitions, compare cash, share, asset, or merger structures, estimate synergies, and assess post-deal earnings effects.

Compare 6 skills from other repositories ↓
Install with agentmods
npx agentmods add skills/jwangkun/claude-for-financial-services-cn/china-merger-model
Install

Getting it into your agent

One page per mod, every tool's command on it. A separate URL per tool would split the same page into five that compete with each other.

Any agent
npx skills add jwangkun/claude-for-financial-services-cn --skill china-merger-model
Clone the repo
git clone --depth 1 https://github.com/jwangkun/claude-for-financial-services-cn

Made for: Claude Code.

Or install investment-banking, the plugin that ships this one along with the rest of its 10 skills.

Wrote this? Show the measurements

A badge with what this costs and how it scanned, read live from this page, so it follows the numbers instead of freezing them. Markdown for a README, HTML for a documentation site or a project page.

agentmods badge for china-merger-model

README.md
[![agentmods](https://agentmods.dev/badge/skills/jwangkun/claude-for-financial-services-cn/china-merger-model/github.svg)](https://agentmods.dev/skills/jwangkun/claude-for-financial-services-cn/china-merger-model)
Your own site
<a href="https://agentmods.dev/skills/jwangkun/claude-for-financial-services-cn/china-merger-model"><img src="https://agentmods.dev/badge/skills/jwangkun/claude-for-financial-services-cn/china-merger-model/github.svg" alt="Measured on agentmods" height="20"></a>

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agentmods 80×15 button for china-merger-model

Your own site · 80×15
<a href="https://agentmods.dev/skills/jwangkun/claude-for-financial-services-cn/china-merger-model"><img src="https://agentmods.dev/badge/skills/jwangkun/claude-for-financial-services-cn/china-merger-model.svg" alt="Reviewed on agentmods" width="80" height="20"></a>
Per session 81 Skills are progressive disclosure: only the name and description are preloaded; the body loads when the skill is used.
When invoked 1,985 The whole file, excluding the scripts and references it only reads on demand.
Security scan A 0 findings. A grade says what 26 rules found in the file — not that it is safe. Third-party audits
  • NVIDIA SkillSpector pass 7 Sept 2026
How audits are shown
Origin original No closer match found in the catalogue.
Token cost

What it costs to keep this loaded

Counted locally with the o200k_base tokenizer, which is exact for GPT models; Claude uses its own tokenizer and its counts differ. Treat this as one consistent yardstick across the catalogue rather than a bill. Prices are per million input tokens.

ModelPer sessionOnce invoked
Fable 5.1 $0.00081 $0.01985
Opus 5 $0.00041 $0.00992
Sonnet 5 $0.00016 $0.00397
Haiku 4.5 $0.00008 $0.00198

Measured 13d ago against content hash f4041884b489, method: parsed. Prices are Anthropic first-party input rates as of 2026-09-12, from the pricing page.

Security

Grade A, and why

china-merger-model scanned grade A with 0 findings against 26 rules in 11 categories — prompt injection, anti-refusal, data exfiltration, privilege escalation, supply chain, agent snooping, system-prompt leakage, SSRF and excessive agency — measured 13d ago.

A static scan of the body, not an audit. Every finding is printed with the line that produced it so you can judge whether it matters here. A mod is markdown that instructs an agent; that is exactly why what it instructs is worth reading.

Nothing flagged

None of the 26 patterns this scan looks for appear in this file: no shell pipes, no recursive deletes, no credential paths, no hidden text, no instruction-override or anti-refusal phrasing, no agent-config snooping. That is not a guarantee, it is the absence of the things that are checkable.

vertical-plugins/investment-banking/skills/china-merger-model/SKILL.md · 227 lines

How it starts

The opening of the file, as written. The whole thing — 227 lines — stays where its author put it; the contents beside it link to each section on GitHub.

china-merger-model

Purpose

Build A股并购分析模型, analyzing accretion/dilution, synergy capture, and purchase price allocation for M&A transactions involving Chinese companies.

Key Differences from US Merger Models

Parameter US M&A Model China M&A Model
Accounting US GAAP / IFRS CAS (企业会计准则)
Tax rate 21% 25% (or 15% for 高新技术企业)
Currency USD CNY
Goodwill Indefinite life Amortized or tested under CAS
Stamp duty Negligible 0.05% on equity transfer
VAT on asset deals Varies 6% or 3% depending on 纳税人类型
Deal structure Stock/cash common 股权/资产/吸收合并
Premium 20-30% typical 20-40% typical for China

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_financials(ticker_acquirer, "income")   → Acquirer P&L
get_financials(ticker_target, "income")     → Target P&L
get_quote(ticker_acquirer)                  → Acquirer valuation
get_quote(ticker_target)                    → Target valuation
get_industry_stocks(industry="...")          → Peer comparables

Secondary Sources

  • 巨潮公告 — transaction announcements (收购公告)
  • 交易所 — deal-related filings
  • 评估报告 — target valuation reports
  • Wind / Choice — comparable transaction multiples

Workflow

Step 1: Transaction Setup

Transaction structure (China-specific):

Structure Description Tax Impact
股权收购 Acquirer buys target equity 印花税 0.05%
资产收购 Acquirer buys target assets 增值税 + 契税
吸收合并 Target merged into acquirer 印花税 on asset transfer
借壳上市 Reverse merger / backdoor listing Complex, case-specific

Key terms:

Term Chinese Notes
Purchase price 交易对价 Typically includes earnout
Control premium 控股权溢价 20-40% typical in China
Earnout 业绩承诺/对赌 Common in China M&A
Lock-up 锁定期 12-36 months for sellers
Stamp tax 印花税 0.05% of deal value
VAT 增值税 6% on asset deals
Deed tax 契税 3-5% on real estate/assets

Read the full file on GitHub · 227 lines

Changes

What this file has done since we first saw it

Hashed on every crawl. A supply-chain change to an agent config is a question of when, not whether, so the history is kept rather than the latest state alone.

  1. 13d ago First seen · 227 lines · 81 tokens per session scan A f4041884b489

Subscribe to this mod's changes

china-merger-model is a skill published in the GitHub repository jwangkun/claude-for-financial-services-cn (744 stars, last pushed 3mo ago), licensed Apache-2.0. It adds 81 tokens to every session and 1,985 once invoked, about $0.0004 per session on Opus 5. A static security scan graded it A with 0 findings. No closer match exists in the catalogue, so it is treated as the original; first seen 2026-08-30.

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