Boomsense Technology Co.Ltd(300312) ( Boomsense Technology Co.Ltd(300312) . SZ) once made a big move on the last day of 2021: receiving donated assets, causing the share price to rise sharply by 20cm. However, in just a few months, the strange things of receiving gifts continued, and the asset appraisal firm and accounting firm were anxious to ignore the relationship. The company was also taken the administrative supervision measures of ordering a public explanation, and the impact of the company is unknown
recalling the announcement on December 31, 2021, Boomsense Technology Co.Ltd(300312) said that Boomsense Technology Co.Ltd(300312) , sun Xiangyi Trading (Beijing) Co., Ltd. (hereinafter referred to as Xiangyi trading) and Li Qiang signed the asset gift agreement, and Li Qiang planned to give 49% equity of Chengdu nengdun Electronic Technology Co., Ltd. (hereinafter referred to as nengdun Electronics) held by them to Xiangyi trading free of charge.
Nengdun Electronics was founded on November 27, 2013, with Li Qiang holding 90% equity and Miao Dan holding 10%. As of October 31, 2021, the company had total book assets of RMB 160415 million, liabilities of RMB 3.8639 million and net assets of RMB 121776 million. Specifically, it includes 7.721 million yuan of current assets and 8.3205 million yuan of non current assets; Current liabilities are 3.8639 million yuan and non current liabilities are 0 million yuan. The company’s net profit in 2020 was 2.733 million yuan, and the net profit in October 2021 was 6.4688 million yuan. According to the appraisal, the total equity value of the company is 166 million yuan, 49% of which corresponds to 813207 million yuan Boomsense Technology Co.Ltd(300312) indicates that it will carry out corresponding accounting treatment for this donation in accordance with the accounting standards for business enterprises.
Among them, the appraisal report is the audit report on the financial statements of Chengdu nengdun Electronic Technology Co., Ltd. for October 31, 20182021 issued by Beijing Ningbang Honghe asset appraisal firm (general partnership) (hereinafter referred to as Ningbang Honghe) and Beijing fuzeri certified public accountants firm (general partnership) (hereinafter referred to as fuzeri).
Source: Announcement
Source: Announcement
However, the magic scene came. Ningbang Honghe later sent the statement on revoking the equity evaluation report of Chengdu nengdun Electronic Technology Co., Ltd. with Ningbang Honghe Ping Zi (2021) No. va753, stating that it decided to revoke the equity evaluation report of nengdun electronics. First, the formal agreement has not been returned since the issuance of the appraisal report, and the appraisal fee has not been paid; Second, the client did not truthfully inform the appraisal purpose; Third, the evaluation process was not designed and implemented according to the risk types of securities service business. In addition, the service charge is only 5000 yuan, which is seriously inconsistent with the charging standard of securities service business. The client fraudulently obtained the evaluation report.
Fu Zerui mailed an official letter to Boomsense Technology Co.Ltd(300312) registered address, claiming that: since its establishment, the firm has never issued any audit report and information statement for your company and Chengdu nengdun Electronic Technology Co., Ltd. Your company is required to correct relevant information and clarify the facts. We reserve the right to investigate the legal liability of your company for embezzling the official seal of our firm and the name seal of the accountant.
Accordingly, Boomsense Technology Co.Ltd(300312) also received the decision on administrative supervision measures from Beijing Securities Regulatory Bureau.
Source: CSRC website
In this regard, Boomsense Technology Co.Ltd(300312) did not show weakness and fired from space. It is reported that Zhang Yiming, assistant to the chairman of the board of directors of the company, contacted Tan Xinqing (mainly responsible for promoting business and coordinating the signing accountants and appraisers to participate in the project) through potential business partners in December 2021. Through telephone communication, the two sides made it clear to tan Xinqing that the purpose of the entrusted audit and evaluation is to receive part of the equity of nengden electronics. Tan Xinqing introduced fuzerrui and Ningbang Honghe to the company. After the three parties reached the cooperation intention, they established a special working group, and nengdun electronics provided corresponding materials according to the list of materials listed by all parties.
Boomsense Technology Co.Ltd(300312) said that it signed a business agreement with Ningbang Honghe on December 3, 2021 and sent it to the address provided by Liu Xiaoning, who claimed to be a salesman of fuzeri: Liu Xiaoning, a1510, building 1, 118 Longguan West Street, Changping District, Beijing On December 27, 2021, the company paid the appraisal fee of 5000 yuan to the designated account number (account name: Beijing Ningbang Honghe asset appraisal firm (general partnership), account number: 110940621401001, Bank of deposit: China Merchants Bank Co.Ltd(600036) Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) sub branch) according to the business agreement. The main contents of the engagement letter include: the name of the entrusted appraisal and consultation project: the overall appraisal of nengdun electronics; Purpose of appraisal and consultation: To evaluate the market value of the intangible assets and equity assets of nengdun electronics on the benchmark date, so as to provide value reference for the company to understand the 100% equity behavior held by the shareholders of nengdun electronics; Scope of appraisal and consultation: the intangible assets owned by nengdun electronics and the value of all its equity; Benchmark date: October 31, 2021. Finally, the company received the paper original and electronic version of the appraisal report (Ning Bang Hong He Ping Zi [2021] No. va753) issued by Tu Nan and Duan Dahai, the appraisers of Ning Bang Hong He, through express delivery and electronic data transmission documents, and uploaded it to the Shenzhen stock exchange system as an appendix to the announcement on December 31, 2021.
Therefore Boomsense Technology Co.Ltd(300312) said that he did not cheat the appraisal report and that he had no right to withdraw the appraisal report by consulting the contents of the business agreement signed with Ningbang Honghe.
As for the accounting firm, Boomsense Technology Co.Ltd(300312) said that it signed an audit engagement letter with fuzeri on December 3, 2021 and sent it to the address provided by Liu Xiaoning, who claimed to be a salesman of fuzeri: Song Yifan, 3a, building 5, Huateng international, Chaoyang District, Beijing On December 27, 2021, the company paid the audit fee of 2000 yuan to the designated account number (account name: Beijing fuzeri Certified Public Accountants (general partnership), account number: 110501727200 Shenzhen Fountain Corporation(000005) 66, opening bank: China Construction Bank Corporation(601939) Beijing Tongzhou yunjingli sub branch) according to the payment terms in the audit engagement letter. The business engagement letter mainly stipulates that Boomsense Technology Co.Ltd(300312) entrusts fuzeri to audit the statements of nengdun electronics from 2018 to October 2021, and fuzeri will issue a three-year audit report to the company after completing the audit. Finally, the company received the paper original and electronic version of the audit report (fuzerrysz [2021] No. ab-1577) issued by fuzerrui accountants Shi yuezhang and Li Lansheng through express delivery and electronic data transmission documents, and uploaded it to the Shenzhen stock exchange system as an appendix to the announcement on December 31, 2021.
With such detailed statement, Boomsense Technology Co.Ltd(300312) declares that the company has never embezzled the official seal and accountant’s name seal of fuzeri firm. To sum up, the company does not use false reports.
Boomsense Technology Co.Ltd(300312) the 20cm rise at the beginning of the year has also been eliminated. Now it has also fallen out of a new historical low, and the current price is 2 yuan. In 2021, the company expects to lose 50 million yuan to 74 million yuan and 243 million yuan in 2020. The audit opinion of 2019 annual report is “unqualified opinion with emphasized items”, and that of 2020 is “unable to express opinions”. Whether the company can get out of the quagmire in the future remains to be seen.
