Audit report and financial statements of Jiayuan Technology Co., Ltd
January 1, 2018 to
As of June 30, 2021
Jiayuan Technology Co., Ltd
Audit report and financial statements
(from January 1, 2018 to June 30, 2021)
Table of contents page
1、 Audit report 1-5 II. Financial statements
Consolidated balance sheet and parent company balance sheet 1-4 consolidated income statement and parent company income statement 5-6 consolidated cash flow statement and parent company cash flow statement 7-8 consolidated statement of changes in owner's equity and parent company statement of changes in owner's equity 9-16 notes to financial statements 1-160
Audit report
Xin Hui Shi Bao Zi [2021] No. za90682 all shareholders of Jiayuan Technology Co., Ltd.:
1、 Audit opinion
We have audited Jiayuan Technology Co., Ltd (hereinafter referred to as Jiayuan Technology) financial statements include the consolidated and parent company's balance sheets on December 31, 2018, December 31, 2019, December 31, 2020 and June 30, 2021, the consolidated and parent company's income statement, consolidated and parent company's cash flow statement, consolidated and parent company's owner's statement for 2018, 2019, 2020 and January June 2021 Statement of changes in equity and notes to relevant financial statements.
In our opinion, the attached financial statements have been prepared in accordance with the accounting standards for business enterprises in all material aspects and fairly reflect the consolidated and parent company's financial position of Jiayuan technology as of December 31, 2018, December 31, 2019, December 31, 2020 and June 30, 2021, as well as the financial position of 2018, 2019 Operating results and cash flows of the merger and parent company in 2020 and from January to June 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. The "responsibilities of certified public accountants for the audit of financial statements" in the audit report further expounds our responsibilities under these standards. In accordance with the code of professional ethics for Chinese certified public accountants, we are independent of Jiayuan technology and have fulfilled other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate, which provides a basis for our audit opinion.
3、 Key audit matters
Key audit matters are the most important matters that we believe are the audit of financial statements for 2018, 2019, 2020 and January June 2021 according to professional judgment. The response to these matters is based on the overall audit of the financial statements and the formation of audit opinions. We do not express separate opinions on these matters.
The key audit matters identified in our audit are summarized as follows:
Key audit matters how to deal with them in the audit
(i) For the recoverability of accounts receivable and the calculation of bad debt reserves, please refer to the note "v. (II) accounts receivable" in the notes to the financial statements
Release. As of June 30, 2021, Jiayuan technology consolidated finance 1. Understand and evaluate the management's statements on the assessment of the recoverability of accounts receivable, the balance of accounts receivable is 224665058.05 yuan, the key control of bad debts, including the aging analysis of accounts receivable and the provision for the balance of accounts receivable is 20192895.12 yuan, and the periodic assessment of the recoverability of net book value of accounts receivable; Review the bad debt provision policy of 204472162.93 yuan in the reporting period; Whether jiayuanke is consistent on December 31, 2020;
The balance of accounts receivable in the consolidated financial statements is 2. Review the management's opinion that based on the historical credit loss experience and combined with the current situation, the bad debt provision is 150992576.82 yuan, the bad debt provision is 19224918.31 yuan, and the rationality of the predicted expected credit loss rate of future economic conditions, including the net book value of accounts receivable is 131767658.51 yuan; 2019 includes the recalculation of migration rate and historical loss rate. With reference to historical experience and the forward-looking information of accounts receivable in the consolidated financial statements of Jiayuan technology on December 31, the rationality of the expected loss rate is evaluated;
The balance is 142908898.16 yuan and the bad debt provision is 3. We obtain the aging of accounts receivable and pay attention to the correctness of aging division. The root is 12564021.26 yuan, and the net book value of accounts receivable is 130344876.90 yuan according to the management's bad debt provision policy and customer reputation; As of December 31, 2018, Jiazheng and collection inspection, recheck and test whether the provision for bad debts of the company's accounts receivable is sufficient in the balance of accounts receivable in the consolidated financial statements of edge technology;
108755820.18 yuan and the bad debt provision is 7479173.61 yuan. 4. Implement the letter of confirmation procedure and compare the letter results with the amount recorded by the company. The net book value of accounts receivable is 101276646.57 yuan. Due to the review and verification; Assessing the recoverability of accounts receivable largely depends on the management's judgment on the provision of bad debt reserves in combination with the post period collection inspection. Therefore, we regard the impairment of accounts receivable as the key rationality. Accruals. （2） For the recognition of main business income, please refer to "III (XXIII) income" in the notes to the financial statements. 1. Understand and evaluate the key internal control related to income recognition and review the relevant information
Key audit matters how to deal with them in the audit
Whether the accounting policies and "V (XXVII) accounting policies for operating income and business relationship operate correctly and consistently" notes. Since revenue is the key performance indicator of Jiayuan technology. 2. Obtain the company's project sales contract and check one of the important letters listed in the contract, there may be an inherent risk that the management manipulates the revenue recognition time point in order to achieve specific objectives or expected interest, including customer name, project name, amount, settlement basis and signing. Therefore, we will seal and sign by both parties; Revenue is recognized according to the contract amount and settlement basis. Revenue is recognized as a key audit event. And check with the company's financial book records one by one;
3. Obtain the revenue recognition basis of each project of the company, including the revenue recognition basis such as acceptance certificate, check the information listed in the document or certificate, including the customer name, project name, confirmation information, acceptance date and the signature and seal of the acceptance party, and check with the financial book records of the company one by one;
4. Implement analytical procedures to analyze and evaluate the fluctuation of the company's comprehensive gross profit margin, business gross profit margin and project gross profit margin;
5. Implement letter of credit procedures for large income and receivables, including contract amount, settlement amount, project completion year, collection amount, etc.
4、 Responsibilities of management and governance for financial statements
The management of Jiayuan Technology (hereinafter referred to as the management) is responsible for preparing the financial statements in accordance with the accounting standards for business enterprises to achieve a fair reflection, and designing, implementing and maintaining necessary internal control so that the financial statements are free from material misstatement caused by fraud or error.
When preparing the financial statements, the management is responsible for evaluating the sustainable operation ability of Jiayuan technology, disclosing matters related to sustainable operation (if applicable), and applying the assumption of sustainable operation, unless it plans to liquidate, terminate operation or has no other realistic choice.
The management is responsible for supervising the financial reporting process of Jiayuan technology.
5、 Responsibilities of certified public accountants for the audit of financial statements
Our objective is to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement due to fraud or error, and to issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that an audit performed in accordance with audit standards can always be found when a major misstatement exists. Misstatement may be caused by fraud or error. If it is reasonably expected that the misstatement alone or in summary may affect the economic decisions made by the users of the financial statements based on the financial statements, the misstatement is generally considered to be significant.
In the process of performing audit work in accordance with audit standards, we use professional judgment and maintain professional doubt. At the same time, we also carry out the following work:
(1) Identify and assess the risks of material misstatement of financial statements due to fraud or error, design and implement audit procedures to deal with these risks, and obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. As fraud may involve collusion, forgery, intentional omission, false statement or override of internal control, it is unable to find the risks caused by fraud The risk of material misstatement is higher than that of failure to find material misstatement caused by errors.
(2) Understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express an opinion on the effectiveness of internal control.
(3) Evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures.
(4) Draw a conclusion on the appropriateness of the management's use of the going concern assumption. At the same time, based on the audit evidence obtained, draw a conclusion on whether there are significant uncertainties in the matters or circumstances that may lead to major doubts about the going concern ability of Jiayuan technology. If we conclude that there are significant uncertainties, the audit standards require us to submit statements in the audit report Users should pay attention to the relevant disclosures in the financial statements; If the disclosure is insufficient, we should express a non unqualified opinion. Our conclusions are based on the information available as of the date of the audit report. However, future events or circumstances may cause Jiayuan technology to be unable to operate continuously.
(5) Evaluate the overall presentation (including disclosure), structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
(6) Obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in Jiayuan technology to express an audit opinion on the financial statements. We are responsible for guiding, supervising and executing the group audit and assume full responsibility for the audit opinion.
We communicate with the management on the planned audit scope, schedule and major audit findings, including the noteworthy internal control defects identified in the audit.
We also provide a statement to the management that we have complied with the professional ethics requirements related to independence, and communicate with the management all relationships and other matters that may reasonably be considered to affect our independence, as well as relevant preventive measures (if applicable).
From the matters communicated with the management, we determine which matters are most important for the audit of financial statements in 2018, 2019, 2020 and January June 2021, thus constituting key audit matters. We describe these matters in the audit report, unless laws and regulations prohibit the public disclosure of these matters, or in rare cases, if the negative consequences of communicating a matter in the audit report are reasonably expected to exceed the benefits in the public interest, we determine that we should not communicate the matter in the audit report.
China Certified Public Accountants of Lixin certified public accountants:
(special general partnership) (project partner)
Chinese certified public accountant:
Shanghai, China September 22, 2001
Jiayuan Technology Co., Ltd
Consolidated balance sheet
(unless otherwise specified, the monetary unit is RMB)
Note V assets 2021.6 302020.12. 312019.12. thirty-one
