Securities code: 300552 securities abbreviation: Vanjee Technology Co.Ltd(300552) Announcement No.: 2022-008 Vanjee Technology Co.Ltd(300552)
Announcement on changes in accounting estimates
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Vanjee Technology Co.Ltd(300552) (hereinafter referred to as " Vanjee Technology Co.Ltd(300552) ", "the company" or "the company") held the 17th meeting of the 4th board of directors and the 14th meeting of the 4th board of supervisors on January 11, 2022, considered and adopted the proposal on changes in accounting estimates. The specific situation is hereby announced as follows:
1、 Overview of changes in accounting estimates
1. Reason for change
According to the requirements of accounting policies, changes in accounting estimates and correction of accounting errors in the guidelines for self discipline supervision of companies listed on the gem of Shenzhen Stock Exchange No. 1 - business handling of Shenzhen Stock Exchange, and in accordance with the provisions of accounting standards for Business Enterprises No. 28 - changes in accounting policies, accounting estimates and correction of errors, In order to make the depreciation period of the company's fixed assets closer to the actual service life, and to better meet the income cost matching principle, so as to more fairly and properly reflect the company's financial status and operating results, the company plans to change the depreciation period of houses and buildings.
2. Change date
The change of accounting estimate will be implemented from January 1, 2022.
3. Accounting estimates adopted before change
Category depreciation method depreciation life (year) residual value rate (%) annual depreciation rate (%)
Average age method of houses and buildings 20 5 4.75
4. Accounting estimates adopted after change
Category depreciation method depreciation life (year) residual value rate (%) annual depreciation rate (%)
Average age method of houses and buildings 40-50 5 1.90-2.375
2、 Impact of changes in accounting estimates on the company
According to the relevant provisions of the accounting standards for Business Enterprises No. 28 - changes in accounting policies, accounting estimates and error correction, the above changes in accounting estimates are accounted for using the future applicable method, without retroactive adjustment of the disclosed financial data, and will not have an impact on the company's financial position and operating results in 2021 and previous years.
Based on the company's fixed assets at the end of December 2021, according to the company's calculation, this change in accounting estimation will lead to an underaccrual of depreciation of about RMB 8.0703 million in 2022. After deducting the impact of corporate income tax (income tax rate of 15%), it is expected to increase the net profit attributable to the owner of the parent company by RMB 6.8598 million.
3、 Approval procedures for this accounting estimate change
The change of accounting estimates has been deliberated and adopted at the 17th meeting of the 4th board of directors and the 14th meeting of the 4th board of supervisors, and the independent directors of the company have expressed clear consent. This change in accounting estimates does not need to be submitted to the general meeting of shareholders for deliberation.
4、 Explanation of the board of directors on the rationality of changes in accounting estimates
According to the relevant provisions of the accounting standards for business enterprises and the actual situation of the company, the company implements the change of accounting estimates based on the principle of prudence. The changed accounting estimates can more objectively and fairly reflect the actual situation of the company's assets, financial status and operating results, which is in line with the interests of the company and all shareholders. The decision-making procedures for the change of accounting estimates comply with relevant laws and regulations and the articles of association. The board of directors agreed to the change of accounting estimates.
5、 Independent opinions of independent directors on the change of accounting estimates
The independent directors believe that the change of the company's accounting estimates complies with relevant regulations, and the changed accounting estimates can more objectively and fairly reflect the real situation of the use of the company's fixed assets, without damaging the interests of the company and shareholders. The decision-making procedures of the board of directors on this matter comply with the provisions of relevant laws, regulations and the articles of association. Therefore, we agree to the change of accounting estimates of the company.
6、 Opinions of the board of supervisors on the change of accounting estimates
The board of supervisors believes that the review procedures of this change in accounting estimates comply with the provisions of relevant laws, regulations and accounting standards for business enterprises; The changed accounting estimates can more objectively and fairly reflect the company's financial position and operating results. The change of accounting estimate does not harm the interests of the company and minority shareholders, and the company is agreed to implement the change of accounting estimate.
7、 Documents for future reference
1. Resolution of Vanjee Technology Co.Ltd(300552) the 17th meeting of the 4th board of directors;
2. Resolution of Vanjee Technology Co.Ltd(300552) the 14th meeting of the 4th board of supervisors;
3. Independent opinions of Vanjee Technology Co.Ltd(300552) independent directors on relevant matters of the company. It is hereby announced.
Vanjee Technology Co.Ltd(300552) board of directors January 13, 2022
