603577: 2021 simulation audit report of Chongqing Jiangdian Power Equipment Co., Ltd. Chongqing Jiangdian Power Equipment Co., Ltd
Notes to 2021 simulated financial statements
1、 Basic information of the company
（1） Company profile
Chongqing Jiangdian Power Equipment Co., Ltd. (hereinafter referred to as “the company” or “the company”) was restructured and established by Chongqing Jiangjin power line component factory. The predecessor of Chongqing Jiangjin power line component factory was Sichuan Jiangjin enamel factory. In July 1996, Sichuan Jiangjin enamel factory was established and obtained the business license of enterprise legal person issued by Jiangjin Administration for Industry and commerce. In January 1998, Sichuan Jiangjin enamel factory was changed to Chongqing Jiangjin power line component factory and obtained the business license of enterprise legal person renewed by Chongqing Jiangjin Administration for Industry and commerce.
In December 2010, Chongqing Jiangjin power line component factory was restructured into Chongqing Jiangdian Power Equipment Co., Ltd. with the approval of Chongqing Jiangjin District Civil Affairs Bureau’s reply on Approving the application for enterprise restructuring of Chongqing Jiangjin power line component factory (Jinmin [2010] No. 357), and obtained the business license of enterprise legal person renewed by Jiangjin District branch of Chongqing Administration for Industry and commerce. After the restructuring, the registered capital of the company is 30 million yuan, and the contribution amount and proportion of each shareholder are as follows:
Proportion of shareholders’ contribution (10000 yuan) in registered capital
Zeng Xiangxian 1445.00 48.17%
Chang Juan 1252.50 41.75%
Chang Zhen 252.50 8.42%
Zeng Xiangchun 50.00 1.66%
Total 3000.00 100.00%
In February 2011, Zeng Xiangchun transferred his 500000 shares of the company to Zeng Xiangxian. After the transfer, the capital contribution and proportion of each shareholder are as follows:
Proportion of shareholders’ contribution (10000 yuan) in registered capital
Zeng Xiangxian 1495.00 49.83%
Chang Juan 1252.50 41.75%
Chang Zhen 252.50 8.42%
Total 3000.00 100.00%
In June 2011, the company increased its registered capital by 30 million yuan, of which Zeng Xiangxian made an additional contribution of 15.299 million yuan in currency and Chang Zhen made an additional contribution of 14.701 million yuan in currency. After the capital increase, the amount and proportion of capital contribution of each shareholder are as follows:
Proportion of shareholders’ contribution (10000 yuan) in registered capital
Zeng Xiangxian 3024.90 50.42%
Chang Zhen 1722.60 28.71%
Chang Juan 1252.50 20.87%
Total 6000.00 100.00%
On October 26, 2016, Chang Juan transferred her equity of 12.525 million yuan in the company to Zeng Xiangxian. After the transfer, the capital contribution and proportion of each shareholder are as follows:
Proportion of shareholders’ contribution (10000 yuan) in registered capital
Zeng Xiangxian 4277.40 71.29%
Chang Zhen 1722.60 28.71%
Total 6000.00 100.00%
In December 2020, Zeng Xiangxian transferred his 30.774 million yuan equity of the company to Hebei Jinxi Section Steel Co., Ltd. and Chang Zhen transferred his 17.226 million yuan equity of the company to Hebei Jinxi Section Steel Co., Ltd. after the transfer, the capital contribution and proportion of each shareholder are as follows:
Proportion of shareholders’ contribution (10000 yuan) in registered capital
Hebei Jinxi Section Steel Co., Ltd. 4800.00 80.00%
Zeng Xiangxian 1200.00 20.00%
Total 6000.00 100.00%
The registered address of the company is: No. 65-6, Changjiang Road, degan street, Jiangjin District, Chongqing.
The legal representative of the company is Liu Jie.
The unified social credit code of the company is 91500116203595163m.
The company is an industrial enterprise. The business scope includes: licensed projects: Grade III professional contracting of steel structure engineering and grade III professional contracting of urban and road lighting engineering (for projects that must be approved according to law, business activities can be carried out only after being approved by relevant departments. The specific business projects shall be subject to the approval documents or licenses of relevant departments). General items: processing and sales: transmission line iron tower, steel pipe pole and tower series and their iron accessories, fittings, fasteners, communication microwave tower series, post and Telecommunications iron accessories, fittings, bridge frame, special-shaped formwork, street lamp post, expressway safety guardrail, column, marker post and its steel structure products, electrified railway steel structure products; Hot dip galvanizing and plastic spraying; A full range of foreign trade operations of transmission line towers and communication microwave towers (except those specially stipulated by the state); Provide: technical consulting services; Design, manufacture and sales: precision molds, precision stamping parts and precision injection molding parts; Sales of steel and household appliances; Manual handling and loading services (except for the items that must be approved according to law, carry out business activities independently according to law with the business license).
（2） Scope of simulated consolidated financial statements
Full name of subsidiary note for abbreviation of subsidiary
Chongqing Deyang International Trade Co., Ltd., a wholly-owned subsidiary of Deyang International Co., Ltd. (formerly Chongqing Jiangdian International Engineering Co., Ltd., renamed in March 2021)
Jiangsu Jiangdian Power Equipment Co., Ltd., a wholly-owned subsidiary of Jiangsu Jiangdian Deyang International Co., Ltd
Singapore Chongqing Jody International Pte Ltd, a wholly-owned subsidiary of Singapore Jody company Deyang international company (cancelled in December 2021)
Chongqing Jiangdian smart Industry Holding Group Co., Ltd. is a wholly-owned subsidiary of Jiangdian smart
Chongqing Jinhui Intelligent Technology Co., Ltd., a wholly-owned subsidiary of Jinhui company (established in January 2021)
Two. The basis for the preparation of simulated financial statements.
（1） Preparation basis
1. The financial statements of the company are prepared on the basis of the assumption of continuous operation, according to the actual transactions and events, in accordance with the accounting standards for business enterprises – Basic Standards and various specific accounting standards issued by the Ministry of finance, as well as the application guide of accounting standards for business enterprises, the interpretation of accounting standards for business enterprises and other provisions, and based on “III. important accounting policies and accounting estimates” in this note.
2. In November 2020, the company disposed of all the equity of its subsidiaries Chongqing homepage Engineering Design Consulting Co., Ltd. (hereinafter referred to as homepage design company) and Chongqing linyao Logistics Co., Ltd. (linyao logistics company). The statements of the two companies will not be consolidated in the same period of last year (2020) in the profit statement of this simulated financial statement.
3. Considering the special purpose of this financial statement, only the simulated balance sheet, simulated income statement and notes to the simulated financial statements in the reporting period have been prepared.
（2） Going concern
The company has the ability of sustainable operation for at least 12 months since the end of the reporting period, and there are no major events affecting the ability of sustainable operation. Therefore, this simulated financial statement is prepared on the basis of going concern assumption.
3、 Important accounting policies and accounting estimates
The company and its subsidiaries have formulated relevant specific accounting policies and accounting estimates according to the actual production and operation characteristics and the provisions of the accounting standards for business enterprises.
（1） Statement of compliance with accounting standards for business enterprises
The simulated financial statements prepared by our company conform to the accounting standards of enterprises and the requirements of the compilation basis of this note two and the simulated financial statements, which reflect the actual financial situation and simulated business results of the enterprise in a real and complete way.
（2） Fiscal year
The company adopts the Gregorian calendar year system, that is, an accounting year from January 1 to December 31 of the Gregorian calendar.
（3） Business cycle
The company takes 12 months as an operating cycle and takes it as the liquidity division standard of assets and liabilities.
（4） Recording currency
The company takes RMB as the bookkeeping base currency.
（5） Accounting treatment methods for business combinations under the same control and not under the same control
1. Business combination under the same control
For business combinations under the same control, the assets and liabilities of the combined party obtained from the combination shall be measured at the original book value of the combined party on the combination date, except for the adjustment due to different accounting policies. The difference between the book value of the merger consideration (or the total face value of the issued shares) and the book value share of the net assets obtained in the merger shall be adjusted to the capital reserve. If the capital reserve is insufficient to be offset, the retained earnings shall be adjusted.
The directly related expenses incurred for business combination shall be included in the current profit and loss when incurred.
2. Business combination not under the same control
For business combinations not under the same control, the combination cost is the fair value of the assets paid, liabilities incurred or assumed and equity securities issued by the company to obtain the control over the acquiree on the acquisition date. On the acquisition date, the assets, liabilities and contingent liabilities of the acquiree obtained by the company are recognized at fair value. The difference between the merger cost of the acquirer and the fair value of the identifiable net assets of the acquiree obtained in the merger is recognized as goodwill by the company, and the accumulated deduction is deducted according to the cost
