Securities code: Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) securities abbreviation: Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) Announcement No.: 2022047 Lion New Energy Technology (Henan) Co., Ltd
Announcement on changes in accounting policies
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.
Fierce lion new energy technology (Henan) Co., Ltd. (hereinafter referred to as "the company") held the 60th meeting of the sixth board of directors on April 29, 2022, deliberated and adopted the proposal on changes in accounting policies, and agreed to the company's changes in accounting policies. This accounting policy change does not need to be submitted to the general meeting of shareholders for deliberation. The details are as follows:
1、 Overview of changes in accounting policies
(I) reasons for changes in accounting policies
On December 31, 2021, the Ministry of Finance issued the notice on printing and distributing the Interpretation No. 15 of the accounting standards for business enterprises (CAI Kuai [2021] No. 35) (hereinafter referred to as the "Interpretation No. 15 of the standards"), which stipulates the accounting treatment of the external sales of products or by-products produced before the fixed assets reach the expected usable state or in the process of research and development, the relevant presentation of centralized fund management, and the judgment of loss contracts, The company adjusts relevant accounting policies accordingly in accordance with the above requirements.
(II) accounting policies adopted by the company before change
Before the change of accounting policy, the company implemented the accounting standards for business enterprises - Basic Standards and various specific standards, the application guide of accounting standards for business enterprises, the interpretation announcement of accounting standards for business enterprises and other relevant regulations issued by the Ministry of finance.
(III) accounting policies adopted by the company after change
After this accounting policy change, the accounting policies implemented by the company shall be implemented in accordance with the relevant provisions of the interpretation of Accounting Standards No. 15. In addition to the above accounting policy changes, other unchanged parts shall still be implemented in accordance with the accounting standards for business enterprises - Basic Standards and various specific standards, the application guide of accounting standards for business enterprises, the interpretation announcement of accounting standards for business enterprises and other relevant provisions issued by the Ministry of Finance in the early stage.
(IV) date of change
The interpretation of the Standards No. 15 "accounting treatment for the external sales of products or by-products produced before the fixed assets reach the expected usable state or in the process of research and development" has been applied in the accounting period of 2021, and the content of "judgment on loss contracts" shall be implemented as of January 1, 2022; The content of "relevant presentation on centralized fund management" shall go into effect as of the date of promulgation.
2、 Impact of this accounting policy change on the company
This accounting policy change is a corresponding change made by the company in accordance with the latest accounting standards revised by the Ministry of finance, which complies with the provisions of relevant laws and regulations and the actual situation of the company, will not have a significant impact on the company's financial status, operating results and cash flow, and will not damage the interests of the company and all shareholders.
3、 Explanation of the board of directors on the rationality of this accounting policy change
This accounting policy change is a reasonable change made by the company in accordance with the relevant regulations issued by the Ministry of finance, which is in line with the accounting standards for business enterprises and relevant regulations. After the change, the accounting policy can objectively and fairly reflect the financial status and operating results of the company, comply with the provisions of relevant laws and regulations and the actual situation of the company, and there is no damage to the interests of the company and shareholders. The board of directors agrees with this accounting policy change.
4、 Opinions of independent directors
The change of the company's accounting policy is a reasonable change made by the company according to the requirements of the unified accounting system of the Ministry of finance, which is in line with relevant regulations. The changed accounting policies can objectively and fairly reflect the company's financial status and operating results, and will not have a significant impact on the company's financial statements. The decision-making procedure of this accounting policy change complies with the provisions of relevant laws and regulations and the articles of association, and there is no situation that damages the interests of the company and all shareholders. We unanimously agree to the change of the company's accounting policy.
5、 Opinions of the board of supervisors
The company makes corresponding changes to the accounting policies according to the requirements of relevant documents issued by the Ministry of finance. The implementation of the changed accounting policies can objectively and fairly reflect the company's financial status and operating results. The deliberation and voting procedures of this accounting policy change are legal and compliant, and there is no damage to the interests of the company and shareholders. The board of supervisors agreed to the change of the company's accounting policy.
6、 Documents for future reference 1. Resolutions of the 60th meeting of the 6th board of directors of the company; 2. Resolutions of the 34th meeting of the 6th board of supervisors of the company; 3. Independent opinions of independent directors on relevant matters of the 60th meeting of the sixth board of directors. It is hereby announced.
Board of directors of Mengshi new energy technology (Henan) Co., Ltd
April 29, 2002
