Fujian Rongji Software Co.Ltd(002474)
Year of 2021
audit report
Zhitong Certified Public Accountants (special general partnership)
catalogue
audit report
Consolidated and company balance sheet 1-2
Consolidated and corporate income statement 3
Consolidated and company cash flow statement 4
Consolidated and statement of changes in shareholders' equity 5-8
Note 9 to the financial statements
audit report
Zhi Tong Shen Zi (2022) No. 351a006270 Fujian Rongji Software Co.Ltd(002474) all shareholders:
1、 Audit opinion
We have audited the financial statements of Fujian Rongji Software Co.Ltd(002474) (hereinafter referred to as Fujian Rongji Software Co.Ltd(002474) company), including the consolidated and company's balance sheet as of December 31, 2021, the consolidated and company's income statement, consolidated and company's cash flow statement, consolidated and company's statement of changes in shareholders' equity and notes to relevant financial statements in 2021.
In our opinion, the attached financial statements are prepared in accordance with the provisions of the accounting standards for business enterprises in all material aspects and fairly reflect the consolidated and financial position of Fujian Rongji Software Co.Ltd(002474) company as of December 31, 2021 and the consolidated and operating results and cash flow of the company in 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 Fujian Rongji Software Co.Ltd(002474) 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、 Key audit matters
The key audit matters are the most important matters that we consider to audit the current financial statements according to our professional judgment. The response to these matters is based on the overall audit of the financial statements and the formation of audit opinions. We will not express separate opinions on these matters.
(I) capitalization of development expenditure
See note 3-18 and note 5-18 of the financial statements for relevant information disclosure.
1. Item description
Fujian Rongji Software Co.Ltd(002474) company's total research and development expenditure in 2021950000 yuan, including 52.938 million yuan of development expenditure eligible for capitalization, which is included in the "development expenditure" project, accounting for 50.34% of the total research and development expenditure. Development expenditure can be capitalized only when all capitalization conditions listed in note 3-18 of the financial statements are met at the same time. Since it requires significant accounting judgment and estimation by the management to determine whether the development expenditure meets all capitalization conditions, we determine the capitalization of development expenditure as a key audit event.
2. Audit response
Our audit procedures for the key audit item of capitalization of development expenditure mainly include:
(1) Understand and evaluate the effectiveness of internal control design of capitalization of development expenditure, and test the effectiveness of key control operation, including feasibility study, project initiation, project acceptance, review and approval of capitalization, etc. (2) Evaluate whether the relevant accounting policies and accounting estimates for the capitalization of development expenditure determined by the management comply with the provisions of the accounting standards for business enterprises, and adopt a consistent accounting treatment method.
(3) Obtain the project initiation letter, R & D node report and other documents, check the initiation of enterprise R & D activities, and determine whether the R & D project is in the research stage or the development stage.
(4) Select the project to check whether the conditions and basis of capitalization are reasonable, including whether the defining time point of research stage and development stage is reasonable, and whether the defining time point of development completion is reasonable; Check whether the scope of capitalized expenditure is reasonable, etc. (5) Check the adequacy of the disclosure of capitalization of development expenditure.
(II) revenue recognition
See note 3-22 and note 5-39 of the financial statements for relevant information disclosure.
1. Item description
Fujian Rongji Software Co.Ltd(002474) company's revenue from system integration, software products and services in 2021 was 675037800 yuan, accounting for 94.12% of the operating revenue in 2021 Fujian Rongji Software Co.Ltd(002474) company's revenue from system integration, software products and services shall be recognized after product delivery or service provision and passing the preliminary inspection or trial operation of the other party. In view of the significant amount of this part of revenue and key performance indicators, and the relevant acceptance documents are provided by many customers distributed in different regions of China, there may be an inherent risk that the management may manipulate the time point of revenue recognition in order to achieve specific goals or expectations. Therefore, we identify revenue recognition as a key audit matter.
2. Audit response
(1) Understand and evaluate the effectiveness of internal control design related to revenue recognition, and test the effectiveness of key control operation.
(2) Select samples to check the sales contract and interview the management, identify the individual performance obligations in the contract in combination with the business, determine the transaction price, allocate the transaction price to each individual performance obligation, and determine the time point of control transfer, so as to evaluate whether the company's revenue recognition policy meets the provisions of the accounting standards for business enterprises, and adopt a consistent accounting treatment method.
(3) Select samples to check the supporting documents related to revenue recognition, including sales contracts, invoices, customer acceptance documents, etc.
(4) For the sales revenue recognized before and after the balance sheet date, check the supporting documents such as customer acceptance documents to evaluate whether the sales revenue is recognized in an appropriate period.
(5) Implement letter confirmation procedures for major and newly added major customers and business with related parties, conduct background investigation on these customers, and check the authenticity of relevant businesses and the rationality of transactions.
4、 Other information
Fujian Rongji Software Co.Ltd(002474) the management of the company is responsible for other information. Other information includes the information covered in the 2021 annual report of Fujian Rongji Software Co.Ltd(002474) company, but does not include the financial statements and our audit report.
Our audit opinion on the financial statements does not cover other information, and we will not issue any form of assurance conclusion on other information.
In combination with our audit of the financial statements, our responsibility is to read other information and consider whether other information is materially inconsistent with the financial statements or the information we have learned in the audit process, or there seems to be material misstatement.
Based on the work we have performed, if we determine that there is a material misstatement in other information, we should report that fact. In this regard, we have nothing to report.
5、 Responsibilities of management and governance for financial statements
Fujian Rongji Software Co.Ltd(002474) the management of the company 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 going concern ability of Fujian Rongji Software Co.Ltd(002474) company, disclosing matters related to going concern (if applicable), and applying the going concern assumption, unless the management plans to liquidate Fujian Rongji Software Co.Ltd(002474) company, terminate operation or have no other realistic choice.
The management is responsible for supervising the financial reporting process of Fujian Rongji Software Co.Ltd(002474) company.
6、 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 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. 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 design of internal audit procedures in order to understand the appropriate internal audit procedures.
(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 Fujian Rongji Software Co.Ltd(002474) 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 lead to the inability of Fujian Rongji Software Co.Ltd(002474) company 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.
(6) Obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in Fujian Rongji Software Co.Ltd(002474) company to express an opinion on the financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
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).
From the matters communicated with the management, we determine which matters are the most important for the audit of the current financial statements, 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.
Zhitong certified public accountants China Certified Public Accountants
(special general partnership) (project partner)
Chinese certified public accountant
Beijing, China March 30, 2002
Notes to financial statements
1、 Basic information of the company 1. Overview of the company
(1) Historical evolution
Fujian Rongji Software Co.Ltd(002474) (hereinafter referred to as "the company") was originally invested and established by three natural person shareholders, Liu Qie, Hou Wei and Ning Jincheng, and obtained the business license of enterprise legal person on October 22, 1993. On October 23, 2007, it was changed to Fujian Rongji Software Co.Ltd(002474) , and obtained the business license for enterprise legal person No. 35 Tcl Technology Group Corporation(000100) 01214 issued by Fujian Administration for Industry and commerce. The registered capital was changed to 77.7 million yuan, the total share capital was 77.7 million shares, and the par value of each share was 1 yuan. On August 11, 2010, with the approval of the reply on approving Fujian Rongji Software Co.Ltd(002474) initial public offering of shares (zjxk [2010] No. 1099) issued by China Securities Regulatory Commission, the company issued RMB 26 million ordinary shares (A shares) to the public for the first time on September 1, 2010, with a par value of 1 yuan per share and an issue price of 37.00 yuan per share. On September 15, 2010, 26 million ordinary shares (A shares) issued by the company to the public were listed on Shenzhen Stock Exchange (stock abbreviation: Fujian Rongji Software Co.Ltd(002474) , stock code: Fujian Rongji Software Co.Ltd(002474) ). After issuance, the registered capital was changed to 103.7 million yuan.
On April 24, 2012, the company converted 103.7 million yuan of capital reserve into capital. After the increase, the registered capital was changed to 207.4 million yuan. On June 18, 2012, the company completed the relevant industrial and commercial registration change procedures, and the registered capital and share capital were changed from 103.7 million yuan to 207.4 million yuan.
On April 19, 2013, the company converted 103.7 million yuan of capital reserve into capital. After the increase, the registered capital was changed to 311.1 million yuan. On June 4, 2013, the company completed the relevant industrial and commercial registration change procedures, and the registered capital and share capital were changed from 207.4 million yuan to 311.1 million yuan.
On May 8, 2014, the company converted the capital reserve of 311.1 million yuan into capital, and the registered capital was changed to
622.2 million yuan. On May 29, 2014, the company completed the relevant industrial and commercial registration change procedures, and the registered capital and share capital were changed from 311.1 million yuan to 622.2 million yuan.
On January 14, 2016, the company applied to Fujian Administration for Industry and Commerce and completed the industrial and commercial registration of "three certificates in one"
