Securities code: Caissa Tosun Development Co.Ltd(000796) securities abbreviation: Caissa Tosun Development Co.Ltd(000796) Announcement No.: 2022033 bond Code: 112532 bond abbreviation: 17 Caesar 03
Caissa Tosun Development Co.Ltd(000796) board of directors
Special notes on non-standard audit opinions of 2021 financial report
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.
Zhongshen Zhonghuan Certified Public Accountants (special general partnership) (hereinafter referred to as "Zhongshen Zhonghuan") issued an audit report (Report No.: Zhonghuan Shenzi [2022] No. 1710067) with qualified opinions on the 2021 annual financial report of Caissa Tosun Development Co.Ltd(000796) (hereinafter referred to as "the company" or " Caissa Tosun Development Co.Ltd(000796) ") on April 29, 2022. 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 by the China Securities Regulatory Commission 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) reserved items
As stated in notes VII and 7 to the financial statements, Caissa Tosun Development Co.Ltd(000796) this year invested 49 million yuan in Hainan Weikai Innovation Industrial Development Co., Ltd., accounting for 49% of its equity. As of the date of issuance of this report, the accountant failed to obtain sufficient and appropriate audit evidence to know the use of the above 49 million yuan; In addition, except for the related relationships and transactions disclosed in the notes, the accountant cannot identify whether there are other related relationships.
(II) major uncertainties related to going concern
Users of financial statements are reminded that, as mentioned in notes 2 and 2 to the financial statements, Caissa Tosun Development Co.Ltd(000796) affected by the epidemic, the accumulated loss in recent two years is 138844500 yuan. As of December 31, 2021, the shareholder's equity attributable to the parent company is 1351829 million yuan, and the total amount of current liabilities exceeds the total amount of liquid assets by 1095749300 yuan. The above matters indicate that there are major uncertainties that may lead to major doubts about Caissa Tosun Development Co.Ltd(000796) 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) reservations
1. Importance
In the audit of the above financial statements, the overall materiality level of the consolidated financial statements was calculated at 0.5% of Caissa Tosun Development Co.Ltd(000796) operating income 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 an amount of 4.7 million yuan.
2. Amount of possible impact of reserved matters on the company's financial position, operating results and cash flow during the reporting period
Since it is impossible to obtain sufficient evidence on the relevant matters and implement other alternative audit procedures to obtain sufficient and appropriate audit evidence, it is not feasible to provide the possible impact amount of the relevant matters.
3. Universality
According to Article 8 of the auditing standards for Chinese certified public accountants No. 1502 - issuing non 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.
The above matters only have an impact on specific elements, accounts or items of the financial statements, do not change the consolidated profit and loss status and the positive and negative status of consolidated net assets of Caissa Tosun Development Co.Ltd(000796) corresponding years, do not trigger financial compulsory delisting indicators, and have no significant impact on the appropriateness of Caissa Tosun Development Co.Ltd(000796) management's use of going concern assumption to prepare relevant annual financial statements.
In conclusion, the auditor judged that its impact on the financial statements of Caissa Tosun Development Co.Ltd(000796) 2021 was not extensive, so he expressed a qualified opinion.
(II) major uncertainties related to going concern
According to Article 21 of the auditing standards for Chinese certified public accountants No. 1324 - going concern, if the assumption of going concern is appropriate, but there are significant uncertainties, and the financial statements have fully disclosed the significant uncertainties, the certified public accountant shall issue an unqualified opinion and add a separate part titled "significant uncertainties related to going concern" in the audit report to:
(1) Remind users of financial statements to pay attention to the disclosure of the matters mentioned in Article 18 of these standards in the notes to financial statements;
(2) 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 auditee, and that the matter does not affect the audit opinion issued.
As stated in the paragraph "major uncertainties related to continuing operations" of the audit report, Caissa Tosun Development Co.Ltd(000796) affected by the epidemic, the accumulated loss in recent two years was 138844500 yuan. As of December 31, 2021, the shareholder's equity attributable to the parent company was 1351829 million yuan, and the total amount of current liabilities exceeded the total amount of current assets by 1095749300 yuan. These circumstances indicate that there are major uncertainties that may lead to major doubts about Caissa Tosun Development Co.Ltd(000796) going concern ability Caissa Tosun Development Co.Ltd(000796) it is appropriate for the management to use the assumption of going concern to prepare the 2021 financial statements, but there are significant uncertainties, and the financial statements have fully disclosed the significant uncertainties. The certified public accountant shall express an unqualified opinion and add a separate part with the title "significant uncertainties related to going concern" in the audit report.
According to the comprehensive judgment of the auditors, the events or conditions disclosed by the major uncertainties related to continuous operation have no impact on the financial status and operating results of Caissa Tosun Development Co.Ltd(000796) 2021 during the reporting period. 3、 Opinions of the board of directors on matters involved in the audit report
The board of directors of the company believes that it understands and agrees with the qualified opinion audit report issued by the auditor with significant uncertainty of going concern. The above explanatory notes remind users of the financial statements that the matter has no material impact on the company's financial status and operating results during the reporting period, and there is no violation of accounting standards, systems and relevant information disclosure norms.
3、 Corresponding measures to be taken by the board of directors and management of the company
The board of directors and the management of the company are aware of the impact of the matters involved in the report on the company, and in the face of the current difficulties of the company, they have actively made plans to eliminate the impact of the matters involved in the audit report on the company, and earnestly safeguard the legitimate rights and interests of listed companies and shareholders, especially small and medium-sized shareholders. The board of directors will actively urge the implementation of various rectification measures.
1. In view of the revision and implementation of the company's foreign investment management system, the operation and management of relevant matters shall be carried out in strict accordance with the regulatory rules and the company's system, so as to improve the company's internal control and management level. Strengthen the management of the company's foreign investment activities before, during and after investment, specify the company's investment behavior and reduce investment risks. 2. The board of directors and management of the company believe that ensuring the stability of operation is still the focus of the work at this stage. According to the market demand, the company should actively explore innovative business and strive to improve the performance of the company while maintaining the steady promotion of the existing main business.
At present, the company follows the national policies and guidance on "national economic and social development", "tourism development", "aging development" and "sports competition industry development", and constantly looks for development opportunities in combination with its own business. At the same time, taking the opportunity of the development of Hainan free trade port, combined with its historical accumulation in retail stores, resource integration and service delivery, it has laid out a one-stop community service station, and built a supply chain and operation platform for destination products. On the other hand, relying on the service capacity accumulated by the company's five service Olympic events and organizing many social sports activities and events, and combined with the advantages of teamchina's exclusive franchise authorization, build the event service + sports IP and cultural and Expo IP development and operation business system; In 2022, the company will continue to serve as the service provider of the national team and undertake the service guarantee of the national team and professional teams in the Asian Games and other events outside China.
2. Strengthen internal operation and management, promote resource integration, strictly control costs, optimize staffing, effectively reduce operating costs, improve quality and efficiency.
3. Strengthen cash flow management, focus on the collection of various operating funds, strengthen the recovery of historical arrears, and continue to regulate and reduce various cost budgets to ensure the balance of operating funds.
4. Make full use of the national policy to support the recovery and development of difficult industries in the service industry, actively communicate with banks and other financial institutions to ensure that loans are not cut off or withdrawn, and actively seek external financial support to supplement the enterprise's sustainability and operating funds.
It is hereby announced.
Caissa Tosun Development Co.Ltd(000796) board of directors April 30, 2022
