Securities code: Doushen(Beijing) Education&Technology Inc(300010) securities abbreviation: Doushen(Beijing) Education&Technology Inc(300010) Announcement No.: 2022019 Doushen(Beijing) Education&Technology Inc(300010) Technology (Beijing) Co., Ltd
Announcement on write off of bad debts
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.
Doushen(Beijing) Education&Technology Inc(300010) Technology (Beijing) Co., Ltd. (hereinafter referred to as "the company") deliberated and adopted the proposal on bad debt write off at the 7th Meeting of the 5th board of directors and the 3rd meeting of the 5th board of supervisors held on April 26, 2022. The relevant information is hereby announced as follows:
1、 Overview of bad debt write off
In accordance with the accounting standards for business enterprises, the notice on further improving the quality of financial information disclosure of listed companies, the guidelines for the standardized operation of companies listed on the gem of Shenzhen Stock Exchange and the company's financial management system, in order to truly reflect the company's financial situation, after careful research, the company plans to clean up and write off some accounts receivable and other accounts receivable that have been on account for a long time and have failed to recover.
The bad debt of accounts receivable actually written off in the current period is 829226761 yuan, and the other accounts receivable actually written off in the current period is 131926692 yuan, with a total of 961153453 yuan. As of December 31, 2021, the amount of bad debt provision has been fully withdrawn of 961153453 yuan.
2、 Impact of bad debt write off on the company
The bad debts of accounts receivable and other receivables written off this time have been fully withdrawn, which will not have a significant impact on the financial indicators of profit and loss of the company in 2021 and previous years. This write off of bad debts complies with the requirements of accounting standards and relevant policies, the decision-making procedures comply with the relevant provisions of relevant laws and regulations, can truly reflect the financial situation of the company, has no behavior damaging the interests of the company and shareholders, and does not involve the company's related parties.
3、 Decision making procedure
The proposal on write off of bad debts of the company was reviewed and approved at the 26th session of the 5th independent board of directors on April 2024, and the proposal on write off of bad debts of the company was approved at the 26th session of the 5th independent board of directors. According to the Shenzhen Stock Exchange GEM Listing Rules and the articles of association and other relevant provisions, this bad debt write off is within the approval authority of the board of directors and does not need to be submitted to the general meeting of shareholders for deliberation.
4、 Opinions of independent directors
After verification, we believe that the bad debt write off of the company complies with the relevant provisions of the accounting standards for business enterprises and the actual situation of the company, truly reflects the financial situation of the company, and the basis for write off is sufficient; It is not in line with the provisions of the articles of association, especially the bad debt write off procedures of the company and related parties, which are not in line with the provisions of the laws and regulations of the company.
5、 Opinions of the board of supervisors
After verification, the board of supervisors believes that the bad debt write off of the company complies with the accounting standards for business enterprises, the notice on further improving the quality of financial information disclosure of listed companies and other relevant provisions, the write off basis is sufficient, the decision-making procedures are standardized, can truly reflect the company's financial status and operating results, does not involve the company's related parties, and there is no damage to the interests of the company and shareholders. Therefore, We agree with the company's bad debt write off.
6、 Documents for future reference
1. Resolutions of the 7th Meeting of the 5th board of directors;
2. Resolutions of the 4th meeting of the 5th board of supervisors;
3. Independent opinions of independent directors on relevant matters.
It is hereby announced.
Doushen(Beijing) Education&Technology Inc(300010) Technology (Beijing) Co., Ltd. board of directors April 27, 2022
