Hootech Inc(301026) : audit report on financial statements of Jiangxi Haobo New Material Technology Co., Ltd. on September 30, 2021 ([2022] Jing Hui Xing Shen Zi No. 13 Konka Group Co.Ltd(000016) ) Jiangxi Haobo New Material Technology Co., Ltd
Audit report of financial statements on September 30, 2021
catalogue
1、 1-3 pages of audit report
2、 Annex to audit report
1. Balance sheet page 4-5
2. Income statement page 6
3. Cash flow statement page 7
4. Statement of changes in owner's equity page 8-9
5. Notes to financial statements page 10-28
Audit report
[2022] jhxsz No. 13 Konka Group Co.Ltd(000016) Jiangxi Haobo New Material Technology Co., Ltd.:
1、 Audit opinion
We have audited the financial statements (hereinafter referred to as the financial statements) of Jiangxi Haobo New Material Technology Co., Ltd. (hereinafter referred to as "Jiangxi Haobo company"), including the balance sheet on September 30, 2021, the income statement, cash flow statement, statement of changes in owner's equity and notes to relevant financial statements from January to September, 2021.
In our opinion, the attached financial statements have been prepared in accordance with the accounting standards for business enterprises in all major aspects and fairly reflect the financial position of Jiangxi Haobo company as of September 30, 2021 and the operating results and cash flows from January to September 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. According to the code of professional ethics for Chinese certified public accountants, we are independent of Jiangxi Haobo company 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、 Responsibilities of management and governance for financial statements
The management of Jiangxi Haobo company (hereinafter referred to as the management) is responsible for preparing the financial statements in accordance with the provisions of 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 continuous operation ability of Jiangxi Haobo company, disclosing matters related to continuous operation (if applicable), and applying the assumption of continuous operation, unless the management plans to liquidate Jiangxi Haobo company, terminate operation or has no other realistic choice.
The management is responsible for supervising the financial reporting process of Jiangxi Haobo company.
4、 Responsibilities of certified public accountants for the audit of financial statements
Our goal is to obtain reasonable assurance on whether the financial statements as a whole are free from material misstatement due to fraud or error, and issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that the audit performed in accordance with the audit standards will 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 carrying out the audit work in accordance with the 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 risk of material misstatement of financial statements due to fraud or error; Design and implement audit procedures to address these risks; And obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. Since fraud may involve collusion, forgery, intentional omission, misrepresentation or override of internal control, the risk of failing to find major misstatement caused by fraud is higher than that caused by error.
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 conclusions on the appropriateness of management's use of going concern assumptions. At the same time, according to the audit evidence obtained, draw a conclusion on whether there are major uncertainties in the matters or circumstances that may lead to major doubts about the sustainable operation ability of Jiangxi Haobo company. If we conclude that there is significant uncertainty, the auditing standards require us to draw the attention of statement users to the relevant disclosures in the financial statements in the audit report; 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 Jiangxi Haobo company to be unable to continue its business.
5. Evaluate the overall presentation, structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we 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).
Beijing Xinghua certified public accountant of China:
Accounting firm (special general partnership) (project partner) Shen Yanhong
Beijing, China Certified Public Accountant:
March 14, 2002 Yang Xiaoping
September 30, 2021
Prepared by: Jiangxi Haobo New Material Technology Co., Ltd. unit: yuan currency: RMB
Project notes September 30, 2021 December 31, 2020
Current assets:
Monetary capital V (I) 10529170
Trading financial assets V (II) 2 Zhejiang Truelove Vogue Co.Ltd(003041) 10
Financial assets measured at fair value through profit or loss
Derivative financial assets
Notes receivable
Accounts receivable
Receivables financing
Prepayment V (III) 49531141
Other receivables V (IV) 906172
Including: interest receivable
Dividends receivable
stock
Assets held for sale
Non current assets due within one year
Other current assets V (V) 6395630
Total current assets 267666223-
Non current assets:
Debt investment
Available for sale financial assets
Other debt investment
Held to maturity investment
long-term receivables
Long term equity investment
Investment in other equity instruments
Other non current financial assets
Investment real estate
Fixed assets V (VI) 21732118
Construction in progress V (VII) 209140613
Productive biological assets
Oil and gas assets
intangible assets
Development expenditure
goodwill
Long term deferred expenses
deferred tax assets
Other non current assets
Total non current assets 230872731-
Total assets 498538954-
The attached notes to the financial statements are an integral part of the financial statements.
Legal representative: person in charge of Accounting: person in charge of accounting organization:
Balance sheet (Continued)
September 30, 2021
Prepared by: Jiangxi Haobo New Material Technology Co., Ltd. unit: yuan currency: RMB
Project notes September 30, 2021 December 31, 2020
Current liabilities:
Short term loan
Trading financial liabilities
Financial liabilities measured at fair value through profit or loss
Derivative financial liabilities
Notes payable
Accounts payable
Advance payment
Payroll payable V (VIII) 1282058
Tax payable V (IX) 2137192
Other payables
Including: interest payable
Dividends payable
Liabilities held for sale
Non current liabilities due within one year
Other current liabilities
Total current liabilities 3419250-
Non current liabilities:
Long term loan
Bonds payable
Including: preferred shares
Perpetual debt
Long term accounts payable
Long term payroll payable
Estimated liabilities
Deferred income
Deferred Tax Liability
Other non current liabilities
Total non current liabilities --
Total liabilities 3419250-
Owner's equity (or shareholder's equity):
Paid in capital (or share capital) V (x) 500000000
Other equity instruments
Including: preferred shares
Perpetual debt
Capital reserve
Stock reduction: Treasury
Other comprehensive income
Special reserve
Surplus reserve
Undistributed profit V (XI) - 4880296
Total owner's equity (or shareholder's equity) 495119704
