Lianda Certified Public Accountants (special general partnership)
Guangdong Guanhao High-Tech Co.Ltd(600433)
Audit report
Year 2021
catalogue
Page
1、 Audit report 1-5
2、 Consolidated balance sheet 6-7
3、 Consolidated income statement 8
4、 Consolidated cash flow statement 9
5、 Consolidated statement of changes in shareholders’ equity 10-11
6、 Balance sheet 12-13
7、 Income statement 14
8、 Cash flow statement 15
9、 Statement of changes in shareholders’ equity 16-17
10、 Notes to financial statements 18-103
Client: Guangdong Guanhao High-Tech Co.Ltd(600433) Auditor: Lianda Certified Public Accountants (special general partnership) Tel: (010) 85886680 fax number: (010) 85886690 fax number address: http://www.Reanda.com.
Guangdong Guanhao High-Tech Co.Ltd(600433)
Notes to financial statements of 2021
(unless otherwise specified, the monetary unit is RMB)
1、 Basic information of the company
(I) basic profile of the company
Chinese name of the company: Guangdong Guanhao High-Tech Co.Ltd(600433)
English name of the company: Guangdong Guanghao high-tech Co.Ltd
Legal representative: Xie Xianlong
Registered capital: RMB one billion eight hundred and thirty-eight million eight hundred and fifty-seven thousand one hundred and eighty yuan only (183885718 million yuan) unified social credit Code: 91440800617803532r
Business term: July 15, 1993 to no fixed term
Company type: joint stock limited company (listed, state-owned holding)
Registered address: No. 313, Donghai Avenue, Donghai Island, Zhanjiang City, Guangdong Province
Business scope: export of self-produced products and technologies of the enterprise; Import of commodities and technologies such as raw and auxiliary materials required for production; Feed processing and “three supplies and one compensation” (operated according to [2000] Yue Wai Jing Mao Deng Zi No. 002); Produce and sell thermal fax paper and its base paper, carbon free copy paper and its base paper, microcapsules, computer printing paper, commercial form paper, scientific instrument recording paper, small roll fax paper, induction paper, color inkjet printing paper, special anti-counterfeiting paper, and engage in commercial form printing business; R & D, production and sales: self-adhesive materials, release paper and its comprehensive application services; Processing paper manufacturing and sales; Manufacturing and sales of non edible starch and starch products; Sales: chemical raw materials (except dangerous chemicals), oil shale ore, clay and other soil, sand and stone; Produce and sell steam.
(II) company history
Guangdong Guanhao High-Tech Co.Ltd(600433) (hereinafter referred to as the company or the company), the predecessor of the company, Zhanjiang Guanhao Paper Co., Ltd., was approved by the “Zhan Kai Xiang [1993] No. 113” document of the Management Committee of Zhanjiang Economic and Technological Development Zone on June 23, 1993, and registered with the Administration for industry and Commerce of Zhanjiang Economic and Technological Development Zone on July 15, 1993. On December 27, 1995, the company’s registered capital was increased from US $5.08 million to US $8.08 million according to the reply of “Zhan Kai Xiang [1995] No. 178” issued by the administrative committee of Zhanjiang Economic and Technological Development Zone, and the change registration was handled at the Administration for Industry and Commerce of Zhanjiang Economic and Technological Development Zone on December 28, 1995.
In July 1999, with the approval of “Yue ban Han [1999] No. 383” issued by Guangdong Provincial People’s government and “Yue Ti Gai [1999] No. 041” issued by Guangdong Provincial Commission of economic reform, Zhanjiang Guanhao Paper Co., Ltd. was changed to Guangdong Guanhao High-Tech Co.Ltd(600433) , with a registered capital and share capital of 100 million yuan.
In June 2003, with the approval of zjfzz [2003] No. 47 document of the China Securities Regulatory Commission, the company publicly issued 60 million RMB common shares (A shares) to the public on June 5, 2003 through the Shanghai Stock Exchange by means of pricing and placing all to secondary market investors. The changed share capital is 160 million yuan.
In December 2009, with the approval of the reply on approving Guangdong Guanhao High-Tech Co.Ltd(600433) non-public shares issued by China Securities Regulatory Commission (zjxk [2009] No. 1378 document), the company issued 60 million RMB common shares (A shares) to specific investors who met the relevant requirements of China Securities Regulatory Commission. The registered capital after the change is RMB 22 million.
On April 26, 2010, the company implemented the plan of profit distribution and conversion of capital reserve into share capital in 2009: Taking the total share capital of the company as 22 million shares on December 31, 2009 as the base, 0.3 yuan (including tax) was allocated for every 10 shares, and 66 million shares were converted from capital reserve into share capital. The changed share capital is 286 million yuan.
On March 21, 2011, the company implemented the plan of profit distribution and capital reserve converted into share capital in 2010: Based on the total share capital of 286 million shares as of December 31, 2010, the company converted into 2 shares for every 10 shares of capital reserve, a total of 57.2 million shares. The changed share capital is 343.2 million yuan.
On November 21, 2011, with the approval of the reply on the approval of Guangdong Guanhao High-Tech Co.Ltd(600433) non-public Development Bank shares (zjxk [2011] No. 1505) issued by the CSRC, the company submitted to China paper Investment Co., Ltd., China bond credit enhancement Investment Co., Ltd., Shanghai chenqian Investment Co., Ltd., Hongyuan Securities Co., Ltd China Hi Tech Investment Group Corporation issued 81.9 million RMB ordinary shares in a non-public manner.
After the non-public offering, the total share capital of the company was changed to 425.1 million yuan.
On May 29, 2012, the company implemented the 2011 profit distribution and capital reserve conversion to share capital plan: Taking the total share capital of the company as 425.1 million shares on December 31, 2011 as the base, the capital reserve was converted to 4 shares for every 10 shares, a total of 17.04 million shares. The changed share capital is 595.14 million yuan.
On April 19, 2013, the company implemented the plan of converting profit and capital reserve into share capital in 2012: Based on the total share capital of the company on December 31, 2012 of 595.14 million shares, the capital reserve was converted into 10 shares for every 10 shares, a total of 595.14 million shares, and the changed share capital was RMB 119028 million.
On February 2, 2015, with the approval of the reply on approving Guangdong Guanhao High-Tech Co.Ltd(600433) non-public Development Bank shares (zjxk [2015] No. 150) issued by China Securities Regulatory Commission, the company invested in Zhanjiang guangxuyuan Investment Center (limited partnership), a partnership established by China paper Investment Co., Ltd., some senior managers and core employees of the company, and natural persons Yan Binglun, Huang Xiaojun Wang Jianli and Qiao Tong issued 8103544300 ordinary shares to 6 specific objects, of which China paper Investment Co., Ltd. subscribed 346820800 shares with a creditor’s right of 300 million yuan. After the non-public offering, the total share capital of the company was changed to 1271315443 yuan.
On August 27, 2021, the company issued 567541700 A shares and absorbed and merged Foshan Huaxin Packaging Co., Ltd. the company obtained the certificate of securities change registration of China Securities Depository and Clearing Co., Ltd. Shanghai Branch on August 19, 2021. Due to the stock exchange involved in this merger, the company newly issued 193054585 Tradable shares with no sale conditions, 374487148 tradable shares with limited sales conditions. After the share exchange involved in this merger, the total share capital of the company increased from 1271315443 shares to 1838857176 shares.
As of December 31, 2021, the total issued share capital of the company is 1838857176 shares, and the registered capital and share capital of the company are 1838857176 yuan.
The company belongs to manufacturing – papermaking and paper products – special paper industry. The main business activities are the R & D, production and sales of special paper such as carbon free copy paper, white cardboard, thermal paper, self-adhesive label materials and thermal sublimation transfer paper. The main products are: carbon free copy paper, thermal paper, self-adhesive label materials, thermal sublimation transfer paper.
The company will include Zhanjiang Guanhao Paper Co., Ltd., Zhejiang Guanhao new materials Co., Ltd., Guangdong Guanhao Xingang Technology Innovation Investment Co., Ltd. (formerly Guangdong Guanhao Xingang Printing Co., Ltd.), Beijing chengtongkecai Information Technology Co., Ltd., Guanhao Co., Ltd., Guangdong Guanhao new material R & D Co., Ltd., Zhuhai Hongta Renheng Packaging Co., Ltd Huaxin (Foshan) Color Printing Co., Ltd., Zhuhai Huafeng Paper Co., Ltd., Zhuhai Jinji Chemical Co., Ltd. and other 10 subsidiaries are included in the scope of the consolidated financial statements of the current period. See notes VI and VII to the financial statements for details.
2、 Preparation basis of financial statements
（1） Preparation basis
The financial statements of the company are prepared on the basis of going concern.
（2） Evaluation of going concern ability
The company has no events or circumstances that cause major doubts about its ability to continue as a going concern within 12 months from the end of the reporting period. 3、 Important accounting policies and accounting estimates
Important note: according to the actual production and operation characteristics, the company has formulated specific accounting policies and accounting estimates for transactions or events such as impairment of financial instruments, depreciation of fixed assets, amortization of intangible assets and revenue recognition.
（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 company’s financial position, operating results, cash flow and other relevant information.
（2） Accounting period
The fiscal year starts on January 1 and ends on December 31 of the Gregorian calendar.
（3） Business cycle
The business cycle of the company’s business is relatively short, and 12 months is taken as the liquidity classification standard of assets and liabilities.
（4） Recording currency
RMB is adopted as the bookkeeping base currency.
（5） Accounting treatment methods for business combinations under the same control and not under the same control
1. Accounting treatment method of business combination under the same control
The assets and liabilities obtained by the company in business combination shall be measured according to the book value of the combined party in the consolidated financial statements of the final controller on the combination date. The company adjusts the capital reserve according to the difference between the book value share of the owner’s equity of the merged party in the consolidated financial statements of the final controller and the book value of the merger consideration paid or the total face value of the issued shares; If the capital reserve is insufficient to offset, the retained earnings shall be adjusted.
2. Accounting treatment methods for business combinations not under the same control
On the acquisition date, the company recognizes the difference between the combination cost and the fair value of the identifiable net assets of the acquiree obtained in the combination as goodwill; If the combination cost is less than the fair value of the identifiable net assets of the acquiree obtained in the combination, first review the measurement of the fair value of the identifiable assets, liabilities and contingent liabilities of the acquiree and the combination cost. After review, if the combination cost is still less than the fair value of the identifiable net assets of the acquiree obtained in the combination, The difference is included in the current profit and loss.
（6） Preparation method of consolidated financial statements
The parent company brings all subsidiaries under its control into the consolidation scope of the consolidated financial statements. The consolidated financial statements are prepared by the parent company in accordance with the accounting standards for Business Enterprises No. 33 – consolidated financial statements based on the financial statements of the parent company and its subsidiaries and other relevant materials.
（7） Classification of joint venture arrangement and accounting treatment method of joint operation
1. Joint venture arrangements are divided into joint operation and joint venture.
2. When the company is a joint venture, the following items related to the interest share in the joint operation shall be recognized:
(1) Confirm the assets held separately and jointly held assets according to the holding share;
(2) Recognize the liabilities undertaken individually and jointly according to the holding share;
(3) Recognize the income generated from the sale of the company’s share of joint operation output;
(4) Recognize the income generated from the sale of assets in the joint operation according to the share held by the company;
(5) Confirm the expenses incurred separately and the expenses incurred in joint operation according to the share held by the company.
（8） Criteria for determining cash and cash equivalents
Cash listed in the cash flow statement refers to cash on hand and deposits that can be used for payment at any time. Cash equivalents refer to the short-term, highly liquid investments held by enterprises, which are easy to be converted into known amounts of cash and have little risk of value change. （9） Foreign currency transactions and translation of foreign currency statements
1. Translation of foreign currency business
When foreign currency transactions are initially recognized, they are translated into RMB at the spot exchange rate on the transaction date. On the balance sheet date, foreign currency monetary items adopt negative balance sheet
