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Judgment · jid 11693

In the matter of Sina Corporation - Decision

[2025] CIGC (FSD) 111 · FSD 0128 OF 2021 (RPJ) · 2025-Nov-21

Postjudgment adjustments to fair value calculations; partial size premium for Weibo (0.37%); discount rate for Sina Standalone unchanged from main judgment; intercompany loan treated as operating working capital; fully diluted shares to follow figures in Jaishankar DCF models; rejection of further adjustments to TuSimple discountrate inputs; acceptance of updated Weibo projections

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