Securities code: Chang Chun Eurasia Group Co.Ltd(600697) securities abbreviation: Chang Chun Eurasia Group Co.Ltd(600697) Announcement No.: pro 2022009 Chang Chun Eurasia Group Co.Ltd(600697)
Supplementary announcement on changes in accounting policies
The board of directors and all directors of the company guarantee that the contents of this announcement are free from any false records, misleading statements or major omissions, and assume individual and joint liabilities for the authenticity, accuracy and completeness of its contents Chang Chun Eurasia Group Co.Ltd(600697) (hereinafter referred to as the company) disclosed the announcement on changes in accounting policies on April 13, 2022, which was published in Shanghai Securities Journal, China Securities Journal and the website of Shanghai Stock Exchange on April 13, 2022 com. cn. Company provisional Announcement No. 2022008. The supplementary announcement on relevant contents is as follows:
Important content tips:
The change of accounting policy will affect the "operating cost" and "sales expense" in the company's income statement, but will not affect the "operating revenue" and "operating profit". At the same time, it will also affect the "cash paid for other operating activities" and "cash paid for purchasing goods and receiving labor services" in the company's cash flow statement, but it will not affect the "net cash flow generated from operating activities". It is expected to have an impact on the company's financial indicators such as "operating revenue gross profit margin", and will not have a significant impact on the company's financial statements and other important financial indicators.
1、 Overview of accounting policy changes
(I) reasons for changes in accounting policies
On November 2, 2021, the accounting department of the Ministry of Finance clearly stipulated in the Q & A on the relevant implementation of the accounting standards for business enterprises: generally, the transportation activities for the purpose of performing the customer's contract before the control of the enterprise's goods or services is transferred to the customer do not constitute a single performance obligation, and the relevant transportation costs should be regarded as the contract performance costs, amortized on the same basis as the recognition of the revenue of goods or services, and included in the current profits and losses. The cost of performing the contract shall be included in the income statement
Listed in the item of "operating cost". According to the above provisions, the company plans to make corresponding accounting policies
Change, apply and implement.
(II) contents of accounting policy changes
The transportation costs incurred for the performance of the sales contract shall be adjusted and included from the original
"Selling expenses" is adjusted to "operating costs". The amount affected by relevant adjustments in 2021 is
1103038697 yuan.
2、 Impact of changes in accounting policies on the company
1. The change of accounting policy will affect the "operating cost" and "operating cost" in the company's income statement
"Selling expenses", but does not affect "operating revenue" and "operating profit". At the same time, also
It will affect the "payment of other cash related to operating activities" and
"Cash paid for purchasing goods and receiving labor services", but it does not affect "cash generated from operating activities"
Net cash flow ". It is expected that the company's "operating revenue gross profit margin" and other financial indicators will be improved
The impact will not have a significant impact on the company's financial statements and other important financial indicators
Ring.
2. The company made progress on the items related to the financial statements of the first quarter, half year and third quarter of 2021
Line adjustment, as follows:
Data for the first quarter of 2021
Unit: Yuan
Consolidated statement parent company statement
Affected report items
Adjustment before adjustment and influence amount adjustment before adjustment amount.
Selling expenses 1638823607316155545874 -23269019913896254081347985155 -41640253
Operating cost 120265005233120497695432232690199693127844056935442465841640253
Other cash paid related to operating activities 4890470305548672012856 -2326901997126689015871225249905 -41640253
Cash paid for purchasing goods and receiving labor 38357431906738380700926623269019911903207071611907371096941640253
Semi annual data of 2021
Unit: Yuan
Consolidated statement parent company statement
Affected report items
Adjustment before adjustment and influence amount adjustment before adjustment amount.
Selling expenses 3569653550835224826037 -47170947133568492653244765980 -112083285
Operating cost 255645320369256117029840471709471137288883295137400966580112083285
Other and paid
Current 7024592976869774220297 -4717094718423368508484121 Changzhou Xingyu Automotive Lighting Systems Co.Ltd(601799) -112083285 fund related to business activities
Cash paid for purchasing goods and accepting 716086173064716557882535471709471263376075135263488158420112083285 labor services
Data for the third quarter of 2021
Unit: Yuan
Consolidated statement parent company statement
Affected report items
Adjustment before adjustment and influence amount adjustment before adjustment amount.
Selling expenses 5014151368849380482149 -76103153947768201464512109082 -264711064
Operating cost 374259324314375020355853761031539185720950907185985661971264711064
Other and paid
Current funds related to business activities: 130700736610129939705071 -761031539275 Anhui Shiny Electronic Technology Company Limited(300956) 1727265384553 -264711064
Cash paid for purchasing goods and accepting 1058752441422105951347296176103153938574092039638 Xiamen Faratronic Co.Ltd(600563) 1460264711064 labor services
3. The company has implemented the accounting after the above changes when preparing the 2021 financial statements
According to the policy, the transportation cost of 1103038697 yuan incurred for the performance of the sales contract has been included
At the same time, the corresponding cash outflow is included in the cash paid for purchasing goods and receiving labor services.
3、 Concluding observations of the independent directors and the board of supervisors
(I) opinions of independent directors
The independent directors believe that the change of accounting policies is in line with the requirements of the Ministry of finance, China Securities Regulatory Commission and
After the change of the accounting policies and procedures of the Shanghai Stock Exchange, there will be circumstances that are not conducive to the fair reflection of the legitimate interests of all shareholders of the company, which will be more harmful to the financial decisions and procedures of the Shanghai Stock Exchange. Agree to this accounting policy change.
(II) opinions of the board of supervisors
The board of supervisors believes that the change of accounting policy is a reasonable change and adjustment in accordance with the provisions issued by the Ministry of finance, and the implementation of the change of accounting policy can objectively and fairly reflect the financial status and operating results of the company; Relevant decision-making procedures comply with relevant laws and regulations and the articles of association, and there is no situation that damages the interests of the company and all shareholders.
4、 Online announcement attachment
(I) independent opinions on relevant deliberations of the third session of the Chang Chun Eurasia Group Co.Ltd(600697) 10th board of directors;
(II) announcement of the resolutions of the third session of the 10th board of supervisors.
It is hereby announced.
Chang Chun Eurasia Group Co.Ltd(600697) board of directors April 13, 2002
