Securities code: Chongqingyukaifaco.Ltd(000514) securities abbreviation: Chongqingyukaifaco.Ltd(000514) Announcement No.: 2022010
Bond Code: 112931 bond abbreviation: 19 Yu bond 01
Chongqingyukaifaco.Ltd(000514)
Self evaluation report on internal control in 2021
Chongqingyukaifaco.Ltd(000514) all shareholders:
In accordance with the provisions of the basic norms of enterprise internal control and its supporting guidelines and other internal control regulatory requirements (hereinafter referred to as the enterprise internal control normative system), combined with the company's (hereinafter referred to as the company's) internal control system and evaluation methods, and on the basis of daily and special supervision of internal control, we evaluated the effectiveness of the company's internal control on December 31, 2021 (the benchmark date of internal control evaluation report).
1、 Important statement
It is the responsibility of the board of directors of the company to establish, improve and effectively implement internal control, evaluate its effectiveness, and truthfully disclose the internal control self-evaluation report in accordance with the provisions of the enterprise's internal control standard system. The board of supervisors shall supervise the establishment and implementation of internal control by the board of directors. The management is responsible for organizing and leading the daily operation of the enterprise's internal control. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this report, and bear individual and joint legal liabilities for the authenticity, accuracy and completeness of the contents of the report.
The objective of the company's internal control is to reasonably ensure the legal compliance of operation and management, asset safety, authenticity and integrity of financial reports and relevant information, improve operation efficiency and effect, and promote the realization of development strategy. Due to the inherent limitations of internal control, it can only provide reasonable assurance for the realization of the above objectives. In addition, as changes in circumstances may lead to inappropriate internal control or reduced compliance with control policies and procedures, there is a certain risk to speculate the effectiveness of internal control in the future according to the internal control evaluation results.
2、 Internal control evaluation conclusion
According to the identification of major defects in the company's internal control over financial reporting, there are no major defects in the internal control over financial reporting on the benchmark date of the internal control evaluation report. The board of Directors believes that the company has maintained effective internal control over financial reporting in all major aspects in accordance with the requirements of the enterprise's internal control standard system and relevant regulations.
According to the identification of major defects in the company's internal control over non-financial reports, the company found no major defects in the company's internal control over non-financial reports on the benchmark date of the internal control evaluation report.
There are no factors affecting the evaluation conclusion of the effectiveness of internal control from the base date of the internal control evaluation report to the date of issuance of the internal control evaluation report.
3、 Internal control evaluation
(I) evaluation scope of internal control
According to the risk oriented principle, the company determines the main units, businesses and matters included in the evaluation scope and high-risk areas. The main units included in the evaluation scope include Chongqingyukaifaco.Ltd(000514) headquarters and Chongqing Jiexing Real Estate Co., Ltd. The total assets of the units included in the evaluation scope account for 96.10% of the total assets in the company's consolidated financial statements, and the total operating revenue accounts for 87.58% of the total operating revenue in the company's consolidated financial statements. The main businesses and matters included in the evaluation scope include: real estate development and asset management; Focus on the following high-risk areas: organizational structure, financial management, bidding and procurement management, asset management, project management, commercial housing sales, contract management, guarantee business, related party transactions, fund-raising, information and communication, etc.
The units, businesses and matters included in the evaluation scope and high-risk areas cover the main aspects of the company's operation and management, and there are no major omissions.
（2） Internal control evaluation basis and internal control defect identification standard the company organizes and carries out internal control evaluation according to the enterprise internal control standard system. The board of directors of the company distinguished the internal control of financial report from the internal control of non-financial report according to the identification requirements for major defects, important defects and general defects of the enterprise internal control standard system, combined with the factors such as the company's size, industry characteristics, risk preference and risk tolerance, and studied and determined the specific identification standards of internal control defects applicable to the company, which are consistent with the previous years. The identification standards of internal control defects determined by the company are as follows:
1. Identification standard of internal control defects in financial reporting
The quantitative criteria for the evaluation of internal control defects in financial reporting determined by the company are as follows:
Based on the principle of whether it directly affects the financial report and based on the consolidated statement data of the latest fiscal year, the company determines the quantitative standard of the importance of misstatement of financial statements as follows:
Major defects important defects general defects
Operating income (operating income of the previous year)
False positives ≥ 5% 1% ≤ false positives 5% false positives 1%
Business income ≥ 100 million yuan) owner's equity
False positives ≥ 0.5% 0.1% ≤ false positives 0.5% false positives 0.1%
Total assets and total profits (each year in the previous year)
False positives ≥ 5% 1% ≤ false positives 5% false positives 1%
Stock return ≥ 0.05 yuan)
The qualitative criteria for the evaluation of internal control defects in financial reporting determined by the company are as follows:
Signs of significant deficiencies in financial reporting include:
(1) The company has reported or disclosed major errors in the financial report and corrected them; (2) The audit institution of the company found that there were significant misstatements in the current financial report, but failed to find them during the operation of the company's internal control;
(3) The company's audit and risk committee and the internal audit department are ineffective in the supervision of internal control; (4) Major fraud in directors, supervisors or senior management.
Signs of significant deficiencies in financial reporting include:
(1) Failure to select and apply accounting policies in accordance with GAAP;
(2) Failure to establish anti fraud procedures and control measures;
(3) No corresponding control mechanism has been established or implemented for the accounting treatment of unconventional or special transactions, and there is no corresponding compensatory control;
(4) There are one or more defects in the control of the financial reporting process at the end of the period, and it can not reasonably ensure that the prepared financial statements achieve the true and complete goal.
General defects: refer to other control defects other than the above major defects and important defects.
2. Identification standard of internal control defects in non-financial reporting
The quantitative criteria for the evaluation of internal control defects in non-financial reporting determined by the company are as follows:
Comparing the amount of property loss directly caused by the company with the net assets of the company in the previous year, the quantitative standard of internal control defects is determined as follows:
Major defect important defect general defect
Direct property loss amount ≥ 0.1% ≤ loss amount
Loss amount 0.1%
Amount 0.5% 0.5%
The qualitative criteria for the evaluation of internal control defects in non-financial reporting determined by the company are as follows:
The following situations can be identified as major defects, and other situations can be identified as major defects or general defects according to the degree of impact:
(1) The company lacks collective democratic decision-making procedures for major decisions, or the collective democratic decision-making procedures are not standardized;
(2) The company's decision-making procedure is unscientific, or there are major mistakes in decision-making;
(3) The company's operation or decision-making seriously violates national laws and regulations;
(4) The company has major environmental pollution or other events that seriously affect social and public interests;
(5) Major negative news of the company often appears in the media;
(6) Lack of important business management system or systematic failure of system operation;
(7) The company's key management personnel and technical personnel are constantly losing;
(8) Major or important internal control defects of the company cannot be rectified in time;
(9) The company continues or has a large number of important internal control defects;
(10) Other situations that may cause the company to seriously deviate from the control objectives.
(III) identification and rectification of internal control defects
1. Identification and rectification of internal control defects in financial reporting
According to the above identification standards of internal control defects in financial reporting, the company has no major defects and important defects in internal control of financial reporting during the reporting period.
2. Identification and rectification of internal control defects in non-financial reports
According to the above identification standards of internal control defects in non-financial reports, no major defects and important defects in the company's internal control over non-financial reports were found during the reporting period.
4、 Description of other major matters related to internal control
The company has no explanation of other major matters related to internal control.
Chongqingyukaifaco.Ltd(000514)
Chairman: Ai Yun
March 26, 2022
