About China Dive Company Limited(300526)
Of non-standard audit opinions in 2021 financial report
Special description
Yahui zhuanshen Zi (2022) No. 0132011
Asia Pacific (Group) Certified Public Accountants (special general partnership)
April 20, 2002
catalogue
Project start page special note 1
About China Dive Company Limited(300526)
Special notes on non-standard audit opinions of 2021 financial report
Yahui zhuanshen Zi (2022) No. 0132011 Shenzhen Stock Exchange:
We have accepted the entrustment to audit the 2021 financial statements of China Dive Company Limited(300526) (hereinafter referred to as " China Dive Company Limited(300526) "), and issued an audit report with qualified opinions with significant uncertainty of continuous operation on April 20, 2022 (Report No.: yksz (2022) No. 01320047). In accordance with the relevant requirements of the rules for the preparation and reporting of information disclosure of companies offering securities to the public No. 14 - handling of non-standard audit opinions and matters involved (revised in 2020) and the stock listing rules of Shenzhen Stock Exchange, the relevant matters are explained as follows:
1、 Main contents involved in non-standard audit opinions
(I) contents of qualified opinions in the audit report
As stated in "II. Basis for forming qualified opinions" in the audit report:
Due to the lack of relevant business documents for the recognition basis of sales revenue of RMB 197121 million in the operating revenue of China Dive Company Limited(300526) 2020, the accountant of China Dive Company Limited(300526) 2020 annual report failed to implement corresponding audit procedures to obtain sufficient and appropriate audit evidence for the authenticity and accuracy of such revenue, and issued a qualified audit report on the financial statements of China Dive Company Limited(300526) 2020.
In this year's audit, we carried out inspection, letter confirmation, visit and other audit procedures for the elimination or change of the reserved matters in the previous period in this period. Due to the impact of limited audit scope, we failed to implement corresponding audit procedures for the recognition basis of sales revenue of RMB 123978 million, so as to obtain sufficient and appropriate audit evidence to confirm the authenticity and accuracy of such revenue. This matter has or may have an impact on the comparability of current data and corresponding data.
(II) contents of the significant uncertainty of going concern in the audit report
As stated in "III. major uncertainties related to going concern" in the audit report:
We remind the users of financial statements that the net loss of China Dive Company Limited(300526) 2021 is 1428877 million yuan, or the situation indicates that there are major uncertainties that may lead to major doubts about China Dive Company Limited(300526) going concern ability. This matter does not affect the audit opinion issued.
2、 Reasons and basis for issuing qualified opinions with paragraphs with significant uncertainty of going concern
(I) overall importance level of consolidated financial statements
In the audit of the financial statements of China Dive Company Limited(300526) 2021, we calculated the overall importance level of the consolidated financial statements with 0.5% of the total assets of China Dive Company Limited(300526) in accordance with the auditing standards for Chinese certified public accountants No. 1221 - importance in planning and performing audit work and Its Application guide and the auditing standards for Chinese certified public accountants No. 8 - importance and evaluation misstatement, with the amount of 2.8 million yuan.
(II) detailed reasons and basis for issuing qualified opinion audit report
According to Article 8 of the auditing standards of China for certified public accountants No. 1502 - issuing unqualified opinions in audit reports, certified public accountants shall express qualified opinions in case of any of the following circumstances: (I) after obtaining sufficient and appropriate audit evidence, the certified public accountants believe that the misstatement alone or combined has a significant impact on the financial statements, but it is not extensive; (II) certified public accountants are unable to obtain sufficient and appropriate audit evidence as the basis for forming audit opinions, but believe that the undetected misstatement (if any) may have a significant impact on the financial statements, but it is not extensive.
Relevant industries based on the recognition of sales revenue of RMB 197121 million in the operating revenue of China Dive Company Limited(300526) 2020
Due to the lack of accounting documents, the accountant of China Dive Company Limited(300526) 2020 annual report failed to implement corresponding audit procedures to obtain sufficient and appropriate audit evidence for the authenticity and accuracy of such income, and issued a qualified audit report on the financial statements of China Dive Company Limited(300526) 2020. For this matter, we have implemented audit procedures such as inspection, letter confirmation and visit in the audit of the current financial statements. Due to the lack of shipping documents, receipt documents and limited audit procedures, we failed to implement corresponding audit procedures for the recognition basis of sales revenue of RMB 123978 million, so as to obtain sufficient and appropriate audit evidence to confirm the authenticity and accuracy of such revenue.
We are unable to obtain sufficient and appropriate audit evidence to judge the authenticity and accuracy of the sales revenue of RMB 123978 million in the operating revenue in 2020, so we are unable to determine the possible impact of the above matters on China Dive Company Limited(300526) financial status, operating results and cash flow. We believe that the above misstatements, if any, will have a significant impact on the financial statements, but are limited to certain elements, accounts or projects, and are not a major part of the financial statements. Such misstatements will not affect China Dive Company Limited(300526) delisting indicators and risk warning indicators, nor will they lead to changes in the nature of China Dive Company Limited(300526) profit and loss, so they are not extensive. According to the auditing standards, we should
Reservations were expressed on the matter.
(III) detailed reasons and basis for issuing the audit report with significant uncertainty of going concern
According to Article 21 of auditing standards for Chinese certified public accountants No. 1324 - going concern: "if the assumption of going concern is appropriate, but there is significant uncertainty, and the financial statements have fully disclosed the significant uncertainty, the certified public accountant shall express an unqualified opinion and add a separate part under the title of" significant uncertainty related to going concern "to the audit report, Remind the users of the financial statements to pay attention to the disclosure of relevant matters in the notes to the financial statements, explain that these matters or circumstances indicate that there are major uncertainties that may lead to major doubts about the going concern ability of the audited entity, and explain that the matter does not affect the audit opinion ".
We have drawn attention to the significant uncertainty in the financial statements, which is related to the continuous operation of the company. Therefore, we have made significant disclosure in the financial statements.
3、 Possible impact of matters involved in the qualified opinion on China Dive Company Limited(300526) financial position, operating results and cash flow during the reporting period
The matters mentioned in the preceding paragraph may have a significant impact on the financial statements of China Dive Company Limited(300526) 2021. At the same time, we believe that the above matters have no extensive impact on the financial situation and operating results of China Dive Company Limited(300526) 2021. Since we failed to obtain sufficient and appropriate audit evidence for the matters with qualified opinions, we are unable to determine the specific impact of the matter on the financial position of China Dive Company Limited(300526) December 31, 2021 and the operating results and cash flow of 2021.
4、 Matters related to non-standard audit opinions in the previous period in the current period
(I) matters involved in non-standard audit opinions in the previous audit report
China Dive Company Limited(300526) 2020 financial statements have been audited by Tianjian Certified Public Accountants (special general partnership) and issued a qualified opinion audit report with significant uncertainty of continuous operation (Report No.: tianjianshen [2021] No. 5-85).
1. Contents of qualified opinions in the previous audit report
As stated in "II. Basis for forming qualified opinions" in the audit report:
(1) China Dive Company Limited(300526) received the notice of investigation from the China Securities Regulatory Commission on October 20, 2020 (Yue investigation Zi 20137). Because China Dive Company Limited(300526) is suspected of illegal information disclosure, the China Securities Regulatory Commission decided to file an investigation on China Dive Company Limited(300526) in accordance with the relevant provisions of the securities law of the people's Republic of China. As of the date of this audit report, there is no conclusive opinion on the investigation. We cannot judge the results of the investigation and its possible impact on China Dive Company Limited(300526) financial statements and information disclosure.
(2) In 2020 China Dive Company Limited(300526) domestic sales revenue, 5.1679 million yuan of diving equipment revenue and 145442 million yuan of material sales revenue were missing business documents. We are unable to implement audit procedures to obtain sufficient and appropriate audit evidence for the authenticity and accuracy of such income.
2. Contents of the paragraphs with significant uncertainties of going concern in the previous audit report
As stated in "III. major uncertainties related to going concern" in the previous audit report:
We remind the users of financial statements that the orders for China Dive Company Limited(300526) diving equipment products have been greatly reduced in 2020, and some production lines have been discontinued in the year of. In 2020, it successively disposed 100% equity of its wholly-owned subsidiaries Shanghai Zhaoxin Software Technology Co., Ltd. and Shenzhen Zhongqian diving Co., Ltd., while the Internet big data business was at a standstill. As of December 31, 2020, China Dive Company Limited(300526) current liabilities are high
The current assets were 2098205 million yuan, and the net loss in 2020 was 1892354 million yuan. These events or circumstances and asset disposal events after the same period indicate that there are major uncertainties that may cause major doubts about China Dive Company Limited(300526) going concern ability. This matter does not affect the audit opinion issued.
(II) elimination or change of matters involved in non-standard audit opinions in the previous audit report in the current period
1. On August 31, 2021, China Dive Company Limited(300526) received the certificate issued by Guangdong securities regulatory bureau of China Securities Regulatory Commission
According to the decision on Administrative Punishment [2021] No. 13, China Dive Company Limited(300526) was ordered to make corrections, given a warning and fined 3.5 million yuan; Relevant responsible persons shall be warned and fined.
Guangdong securities regulatory bureau of China Securities Regulatory Commission identified that Beihai Zhongqian Technology Co., Ltd. falsely increased its operating revenue, operating cost and operating profit in 2019 China Dive Company Limited(300526) has corrected matters involving errors in the previous period on April 29, 2021 and November 29, 2021.
Therefore, the matters involved in China Dive Company Limited(300526) being filed for investigation by China Securities Regulatory Commission have been eliminated in this period. 2. For the matters described in (I) (1) (2) of this note, in the audit of this year, we confirmed the sales revenue of 7.3143 million yuan through inspection, confirmation and visit. Due to the lack of shipping documents, receipt documents and limited audit procedures, we failed to implement corresponding audit procedures for the recognition basis of sales revenue of RMB 123978 million, so as to obtain sufficient and appropriate audit evidence to confirm the authenticity and accuracy of such revenue. 3. The matters involved in the going concern section of the previous audit report have not been eliminated in the current period, so we still regard them as major uncertainties related to going concern in the current audit report.
The above special instructions are only for China Dive Company Limited(300526) disclosure in Shenzhen Stock Exchange and 2021 annual report in accordance with relevant regulations, and shall not be used for other purposes.
[there is no text on this page, which is the signature and seal page of special notes on non-standard audit opinions on China Dive Company Limited(300526) 2021 annual financial report]
China Certified Public Accountants of Asia Pacific (Group) certified public accountants:
(special general partnership) (project partner)
Chinese certified public accountant:
Beijing, China April 20, 2002
