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
