The notes to the financial statements of Dezhou United Petroleum Technology Co., Ltd. are an important part of the financial statements
Dezhou United Petroleum Technology Co., Ltd
Notes to financial statements
January June 2021, 2020, 2019 and 2018
(unless otherwise specified, the currency unit in the notes to this statement is RMB)
1、 Basic information of the company 1. Overview of the company
Company name: Dezhou United Petroleum Technology Co., Ltd
Registered address: Jinghua South Road, Dezhou Economic Development Zone
Registered capital: 112.77781 million yuan
Unified social credit Code: 913714007636991982
Legal representative: Cheng Guihua
Business scope: design, manufacturing, processing, sales, maintenance and leasing services of petroleum equipment, drilling and production tools, accessories and supporting products; Design, manufacture, sales and maintenance of geothermal reinjection equipment and environmental protection equipment, and technical consulting services; Production and sales of negative pressure environmental protection recovery device; Design, manufacture, sales and maintenance of drilling rig, drill bit, profile control and water plugging pump, plugging agent used in profile control and water plugging process, grouting pump, drilling mud non landing system, sewage sludge treatment system, wellhead sludge recovery device, oil and gas production wellhead device, valve, choke and kill manifold, and technical consulting services; Petroleum machining; Technical services for drilling, directional well, horizontal well, profile control, water plugging and water injection engineering of oil, natural gas, coalbed methane and deep and shallow geothermal; Mine disaster control; Surface plating business; Construction and installation works; Sales and installation of mechanical and electrical products; General cargo transportation; Import and export business of goods and Technology (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments) 2. Historical evolution of the company
Dezhou United Petroleum Technology Co., Ltd. was wholly changed and established by Dezhou United Petroleum Machinery Co., Ltd, Dezhou United Petroleum Machinery Co., Ltd. (hereinafter referred to as "the company"), formerly known as the petroleum drilling machinery plant of the Ministry of Geology and mineral resources established in 1961, was later subordinate to China Petroleum & Chemical Corporation(600028) group Xinxing petroleum company. In 2004, according to the spirit of Petrochina Company Limited(601857) Chemical Group Company's relevant documents on restructuring and diversion and separation of main and auxiliary ( China Petroleum & Chemical Corporation(600028) Qi [2004] No. 544 on Forwarding about Petrochina Company Limited(601857) Notice on the reply to the second batch of implementation plan for the restructuring, diversion and resettlement of surplus personnel in the main and auxiliary industries of Chemical Group Corporation), Dezhou United Petroleum Machinery Co., Ltd. was established through the shareholding reform of all employees of Dezhou Petroleum Machinery Plant of the original China Petroleum & Chemical Corporation(600028) Xinxing company, and its registration was completed on June 30, 2004. Industrial and Commercial Registration No.: 371400018029284.
When the company was established, the registered capital was 25704817.00 yuan, which was subscribed by 42 industrial and commercial registered shareholders such as China Petroleum & Chemical Corporation(600028) group Xinxing Petroleum Co., Ltd., and each shareholder contributed with net assets. The above capital contribution was verified by Shandong Kyushu Guangming certified public accountants Co., Ltd. in the capital verification report no. 90 [2004] on June 22, 2004.
In December 2006, China Petroleum & Chemical Corporation(600028) group Xinxing Petroleum Co., Ltd. signed the equity transfer agreement with Wang Kunyu to transfer its 19.96% (5.13 million yuan) equity of the company to Wang Kunyu.
After several equity transfers, as of October 23, 2008, the registered capital of the company was 25704817.00 yuan, which was held by 37 registered natural person shareholders of industry and commerce such as Wang Tiezhu.
On December 10, 2008, the company absorbed and merged Dezhou Newland Digital Technology Co.Ltd(000997) Petroleum Equipment Co., Ltd, The newly increased registered capital (paid in capital) is 12852409.00 yuan, which was subscribed by the original 37 shareholders with net assets. The above capital contribution was verified by Dezhou Tianqu limited liability accounting firm with the capital verification report dthkyz [2008] No. 54 on December 18, 2008. After the capital increase, the registered capital of the company was changed to 38557226.00 yuan.
The notes to the financial statements of Dezhou United Petroleum Technology Co., Ltd. are an important part of the financial statements
According to the resolution of the shareholders' meeting held on April 27, 2011 and the amended articles of association, the company decided to increase the registered capital by 21442774.00 yuan, which shall be paid by Yantai Jereh Oilfield Services Group Co.Ltd(002353) . The above capital contribution has been verified by the capital verification report dthkyz (2011) No. 44 issued by Dezhou Tianqu Co., Ltd. on May 24, 2011.
According to the equity transfer agreement signed by Yantai Jereh Oilfield Services Group Co.Ltd(002353) and 18 shareholders such as Zeng Wen on November 4, 2011, Yantai Jereh Oilfield Services Group Co.Ltd(002353) respectively transferred the shares of the 18 shareholders totaling 3561567.00 yuan.
As of December 31, 2012, the registered capital of the company was 60 million yuan, which was jointly invested by 33 registered natural person shareholders such as Yantai Jereh Oilfield Services Group Co.Ltd(002353) and Wang Tiezhu. Among them, Yantai Jereh Oilfield Services Group Co.Ltd(002353) holds 27151955 shares, accounting for 45.35%.
In 2013, Yantai Jereh Oilfield Services Group Co.Ltd(002353) signed equity transfer agreements with six shareholders including Wang Kunyu, and transferred 2039927 shares of the six shareholders respectively.
According to the resolution of the shareholders' meeting held on December 19, 2013, the company increased its registered capital by 60 million yuan, and the new capital was increased from capital reserve. The above capital contribution was verified by the capital verification report dthkyz (2013) No. 100 issued by Dezhou Tianqu Co., Ltd. on December 20, 2013. After the capital increase, the registered capital of the company was changed to RMB 120 million. The company completed the industrial and commercial change procedures and obtained a new business license on December 26, 2013.
As of December 31, 2013, the registered capital of the company was 120 million yuan, which was jointly invested by 32 registered natural person shareholders such as Yantai Jereh Oilfield Services Group Co.Ltd(002353) and Wang Tiezhu. Among them, Yantai Jereh Oilfield Services Group Co.Ltd(002353) holds 58383764 shares, accounting for 48.65%.
In 2014, Yantai Jereh Oilfield Services Group Co.Ltd(002353) signed equity transfer agreements with 7 shareholders including Wang Tiezhu, and transferred a total of 7998446 shares of these 7 shareholders.
As of December 31, 2014, the registered capital of the company was 120 million yuan, which was jointly invested by 29 registered natural person shareholders such as Yantai Jereh Oilfield Services Group Co.Ltd(002353) and Cheng Guihua. Among them, Yantai Jereh Oilfield Services Group Co.Ltd(002353) holds 66382210 shares, accounting for 55.32%.
According to the company's equity management measures, the Company repurchased a total of 7222190.00 yuan. On October 8, 2016, the company passed the resolution of the shareholders' meeting to cancel the repurchased equity of 7222190.00 yuan and reduce the registered capital from 120000000.00 yuan to 112777810.00 yuan. The above capital contribution, It has been verified by Zhongxi Certified Public Accountants (special general partnership) with the capital verification report zxyz [2017] No. 0111. After the change, the registered capital of the company is 112777810.00 yuan, which is jointly invested by 23 natural person shareholders with industrial and commercial records, such as Yantai Jereh Oilfield Services Group Co.Ltd(002353) and Cheng Guihua. Of which: Yantai Jereh Oilfield Services Group Co.Ltd(002353) 66382210 shares, accounting for 58.86%; Cheng Guihua and other 23 registered natural person shareholders of industry and Commerce held 46395600 shares, accounting for 41.14%.
On April 25, 2017, the shareholders' meeting of the company decided to change Dezhou United Petroleum Machinery Co., Ltd. into a joint stock limited company and renamed it Dezhou United Petroleum Technology Co., Ltd. the company converted 112777810.00 shares into 112777810.00 shares with a par value of 1 yuan per share based on the company's net assets of 459206097.74 yuan on January 1, 2017, After the change, the registered capital of Dezhou United Petroleum Technology Co., Ltd. is 112777810.00 yuan. The above changes, Yejing Zhongxi Certified Public Accountants (special general partnership) issued the capital verification report (Zhongxi Yanzi [2017] on May 8, 2017 No. 0111). On June 9, 2017, the company completed the industrial and commercial change procedures and obtained a new business license. In September 2020, the company corrected accounting errors, which had an impact on the net assets with December 31, 2016 as the restructuring base date. After the correction of accounting errors, the net assets of the company as of December 31, 2016 were 457546770.74 yuan, equivalent to 112777810.00 shares, with a par value of 1.00 yuan per share and a registered capital of 112777810.00 yuan, The remaining net assets of 344768960.74 yuan were included in the capital reserve, which was retroactively adjusted by the company.
In May 2017, Cheng Guihua and other 22 industrial and commercial registered natural person shareholders signed an equity entrustment cancellation agreement with 170 actual natural person shareholders.
The notes to the financial statements of Dezhou United Petroleum Technology Co., Ltd. are an important part of the financial statements
On March 15, 2018, the company was listed on the National SME share transfer system. The securities abbreviation is Deshi shares, and the securities code is 872731. 3. Business nature and main business activities of the company
Industry nature: the company is a manufacturer of special equipment for oil drilling and production.
The company's main products and labor services: production, sales and leasing of special tools and equipment for oil drilling, engineering and technical services for directional drilling and horizontal drilling. 4. Approval date of financial report
The financial report was approved by the management of the company on September 17, 2021.
2、 Scope of consolidated financial statements this year
There are 2 subsidiaries included in the scope of consolidated statements in the reporting period, including:
Name of subsidiary shareholding ratio of registered capital (%)
Xinjiang Deshi Machinery Co., Ltd. RMB 20 million 1001
Lianhe Petroleum Technology 20000 rubles 100100
Service Ltd.
See note VIII. Equity in other entities for details.
For details of changes in the scope of consolidated financial statements during the reporting period, see note VII. Changes in the scope of consolidation. 3、 Preparation basis of financial statements 1. Preparation basis of financial statements
The financial statements of the company are based on the assumption of going concern, according to the actual transactions and events, in accordance with the accounting standards for business enterprises and its application guidelines issued by the Ministry of finance Interpretation and other relevant provisions (hereinafter collectively referred to as "accounting standards for business enterprises"), as well as the rules for the preparation of information disclosure by companies offering securities to the public No. 15 - General Provisions on financial reports of the China Securities Regulatory Commission (revised in 2014). According to the relevant provisions of the accounting standards for business enterprises, the accounting of the company is based on the accrual basis. Except for some financial instruments, the financial statements are measured on the basis of historical cost. If assets are impaired, the corresponding impairment reserves shall be accrued according to the relevant provisions. 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.
4、 Important accounting policies and accounting estimates 1. Statement of compliance with accounting standards for business enterprises
The financial statements prepared by the company comply with the requirements of the accounting standards for business enterprises, and truly and completely reflect the financial position of the company as of June 30, 2021, December 31, 2020, December 31, 2019 and December 31, 2018, as well as the business results and cash flows from January to June, 2021, 2020, 2019 and 2018. In addition, the company's financial statements comply in all material respects with the disclosure requirements of the financial statements and notes in the rules for the preparation of information disclosure by companies offering securities to the public No. 15 - General Provisions on financial reports revised by the China Securities Regulatory Commission in 2014. 2. Accounting period
The accounting year of the company starts from January 1 to December 31 of the Gregorian calendar.
3. Business cycle
The notes to the financial statements of Dezhou United Petroleum Technology Co., Ltd. are an important part of the financial statements
Normal business cycle refers to the period from the purchase of assets for processing to the realization of cash or cash equivalents. The company takes 12 months as an operating cycle and takes it as the liquidity division standard of assets and liabilities. 4. Recording currency
RMB is the recording currency. 5. Business combination under the same control and not under the same control
Business combination refers to the transaction or event in which two or more separate enterprises are combined to form a reporting entity. Business combinations are divided into business combinations under the same control and business combinations not under the same control
