Huarong Securities Co., Ltd
About Gohigh Data Networks Technology Co.Ltd(000851)
Verification opinions on self-evaluation report of internal control in 2021
Huarong Securities Co., Ltd. (hereinafter referred to as "Huarong securities" or "sponsor") as the sponsor of Gohigh Data Networks Technology Co.Ltd(000851) (hereinafter referred to as " Gohigh Data Networks Technology Co.Ltd(000851) " or "company") for non-public offering of shares in 2020, In accordance with the requirements of laws, regulations and normative documents such as the measures for the administration of securities issuance and listing recommendation business, the guidelines for self regulation and supervision of listed companies of Shenzhen Stock Exchange No. 13 - recommendation business, and the guidelines for self regulation and supervision of listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, the self-evaluation report on internal control in Gohigh Data Networks Technology Co.Ltd(000851) 2021 has been verified. The details are as follows:
1、 Verification of Huarong securities
The recommendation institution has checked the establishment and implementation of Gohigh Data Networks Technology Co.Ltd(000851) . The main verification contents include: reviewing the meeting materials of the board of directors, annual internal control self-evaluation report, relevant reports of intermediaries, relevant information disclosure documents of the company, as well as various business and management rules and regulations; Check the integrity, rationality and effectiveness of the company's internal control system from the aspects of the company's internal control environment, the construction of internal control system and the implementation of internal control. 2、 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 scope of evaluation include:
1 Gohigh Data Networks Technology Co.Ltd(000851)
2. Beijing Datang Gaohong data network technology Co., Ltd
3. GAOTANG Dahong Communication Technology Co., Ltd
4. Datang fusion Communication Co., Ltd
5. Datang fusion IOT technology Wuxi Co., Ltd
6. Datang Internet technology (Wuhan) Co., Ltd
7. Datang Gaohong Information Technology Co., Ltd
8. Beijing Gaoyang Jiexun Information Technology Co., Ltd
10. Jiangsu gaohongdingyuan Information Technology Co., Ltd
11. Datang Gaohong Xin'an (Zhejiang) Information Technology Co., Ltd
12. Beijing Datang Gaohong Technology Development Co., Ltd
The total assets of the units included in the evaluation scope account for 84.63% of the total assets in the company's consolidated financial statements, and the total operating revenue accounts for 91.30% of the total operating revenue in the company's consolidated financial statements.
The main businesses and matters included in the evaluation scope include organizational structure, development strategy, human resources, corporate culture, social responsibility, working capital management, investment, financing, procurement business, asset management, research and development, engineering projects, guarantee business, financial reporting, tax management, budget management, contract management, information and communication, information system, etc.
The high-risk areas of focus mainly include purchase price management and supplier management, fund payment, sales revenue recognition and accounts receivable management, investment decision-making, R & D business management, information system management, Internet business, related party transactions, etc.
The above 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.
(II) basis of internal control evaluation and identification standard of internal control defects
The company organizes and carries out internal control evaluation based on the daily and special supervision of internal control in accordance with the basic norms of enterprise internal control, guidelines for the application of enterprise internal control, guidelines for the evaluation of enterprise internal control and other laws, regulations and rules, combined with the enterprise internal control system and evaluation methods.
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 recognition standard of internal control defect of financial report depends on the importance of financial report misstatement that may be caused by the existence of internal control defect. This degree of importance mainly depends on two factors: ① whether the defect has a reasonable possibility to lead to the failure of the enterprise's internal control to prevent or detect and correct the misstatement of financial reports in time. ② The amount of potential misstatement that may be caused by the defect alone or in combination with other defects.
(1) Quantitative standard
Quantitative standard of defect grade
Misstatement ≥ 1% of total operating income;
Major defect or misstatement ≥ 5% of total profit;
Or misstatement ≥ 3% of total assets;
Or misstatement ≥ 1% of the total owner's equity.
0.5% of total operating income ≤ misstatement 1% of total operating income;
Major defects or 3% of total profits ≤ misstatement 5% of total profits;
Or 0.5% of total assets ≤ misstatement 3% of total assets;
Or 0.5% of total owner's equity ≤ misstatement 1% of total owner's equity.
Misstatement ＜ 0.5% of total operating income;
General defect or misstatement ＜ 3% of total profit;
Or misstatement ＜ 0.5% of total assets;
Or misstatement ＜ 0.5% of the total owner's equity.
The above recognition standards are calculated based on the data of financial statements in 2021, and the standard value of defect recognition is based on the principle of whichever is lower.
(2) Qualitative criteria
① Major defect standard
a. Any degree of fraud found by the company's management;
b. Major internal control deficiencies that have been found and reported to the management have not been corrected after a reasonable period of time;
c. Invalid control environment;
d. Defects affecting income trend;
e. Defects affecting the total amount of connected transactions exceeding the amount of connected transactions approved by shareholders;
f. Major misstatements found by external audit rather than those first found by the company;
g. Other defects that may affect the correct judgment of report users;
h. Violation of national laws and regulations and punishment;
i. The supervision of the board of directors, its Committee and the internal audit department on internal control is invalid;
j. There are significant accounting errors in the issued financial report;
k. Other internal control defects that have a serious impact on the company.
② Important defect standard
a. Major internal control defects that have been found and reported to the management are not fully and thoroughly rectified after a reasonable time;
b. Imperfect internal control environment;
c. Accounting measurement is not timely and accurate, resulting in information lag or information error;
d. There are serious defects in the financial system;
e. The recognition basis of accounting items does not meet the requirements of accounting standards.
③ General defect standard
In addition to major defects and important defects, internal control defects related to financial reporting.
As long as one of the above major defects, important defects and general defect standards is met, the type of the defect can be determined.
2. Identification standard of internal control defects in non-financial reporting
(1) Quantitative standard
Quantitative standard of defect grade
The direct property loss of major defects is 10 million yuan or more.
The direct property loss of major defects is 5 million yuan (including) ~ 10 million yuan.
The direct property loss of general defects is less than 5 million yuan.
As long as one of the above major defects, important defects and general defect standards is met, the type of the defect can be determined.
(2) Qualitative criteria
① Major defect standard
a. It has been officially disclosed to the public and has a negative impact on the disclosure of the company's periodic reports;
b. Lack of democratic decision-making procedures;
c. Violation of decision-making procedures leading to major mistakes;
d. Major negative news frequently appeared in the media, involving a wide range;
e. Lack of system control or failure of system for important business;
f. There are collective violations of laws and regulations.
② Important defect standard
a. Punished by national government departments, but did not have a negative impact on the disclosure of the company's periodic reports;
b. Democratic decision-making procedures exist but are not perfect;
c. General mistakes caused by decision-making procedures;
d. Major negative news in the media, affecting local areas;
e. Violation of internal rules and regulations of the enterprise, resulting in losses;
f. Defects in important business systems or systems;
g. Important or general defects in internal control have not been rectified within a reasonable period of time;
h. Major internal control defects that have been found and reported to the management are not rectified comprehensively and thoroughly after a reasonable time;
i. Imperfect internal control environment;
j. Serious loss of management personnel or key positions.
③ General defect standard
a. Being punished by government departments at or below the provincial level, but not having a negative impact on the disclosure of the company's periodic reports;
b. The efficiency of decision-making procedure is not high;
c. Violation of internal regulations without loss;
d. Negative news appears in the media, but the impact is small;
e. Defects in general business system or system;
f. General defects have not been rectified;
g. Non financial reporting deficiencies.
As long as one of the above major defects, important defects and general defect standards is met, the type of the defect can be determined.
(III) identification and rectification of internal control defects
1. Identification and rectification of internal control defects in financial reporting
According to the identification standard of the company's internal control defects in financial reporting, in 2021, the company did not have major and important defects in the internal control of financial reporting.
2. Identification and rectification of internal control defects in non-financial reports
According to the identification standard of the company's internal control defects in non-financial reporting, no major defects and important defects in the company's internal control over non-financial reporting were found in 2021.
(IV) description of other major matters related to internal control
In 2021, the company has no other internal control information that may have a significant impact on investors' understanding of internal control evaluation reports, evaluation of internal control or investment decisions.
3、 Overall evaluation of the company's internal control
According to the identification of major defects in the company's internal control over financial reporting, the company believes that 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.
4、 Opinions on the annual self-evaluation report of the sponsor
Through the verification of the establishment and implementation of Gohigh Data Networks Technology Co.Ltd(000851) internal control system, Huarong Securities believes that the company has established a relatively perfect and effective internal control system and has been effectively implemented. In 2021, the corporate governance structure of the company was relatively sound, and the existing internal control system and implementation were in line with the provisions of relevant laws and regulations, such as the basic norms of enterprise internal control, the supporting guidelines for enterprise internal control, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of companies listed on the main board; The self evaluation report on internal control in Gohigh Data Networks Technology Co.Ltd(000851) 2021 fairly reflects the construction and operation of its internal control system. The recommendation institution has no objection to the 2021 internal control self-evaluation report issued by the board of directors of the company.
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(there is no text on this page, which is the signature page of the verification opinions of Huarong Securities Co., Ltd. on the self evaluation report of Gohigh Data Networks Technology Co.Ltd(000851) 2021 annual internal control) sponsor representative:
Xie Jinyin, Zhang Yunqiang
Huarong Securities Co., Ltd
