Xinxian Technology Co., Ltd
audit report
Tian Zhi Ye Zi [2022] No. 31190
catalogue
Audit report 12021 annual simulated financial statement 42021 annual simulated financial statement note 16
Beijing Institute of Certified Public Accountants
Business report unified coding reporting system
Unified code for business reporting: 110101502022198018757
Report name: audit report of Xinxian Technology Co., Ltd
Report No.: tzyz [2022] No. 31190
Name of auditee: Xinxian Technology Co., Ltd
Name of accounting firm: Tianzhi international accounting firm (special general partnership)
Business type: financial statement audit
Report opinion type: unqualified opinion
Report date: April 27, 2022
Filing date: May 21, 2022
Zhou Rui (4303 Miracle Automation Engineering Co.Ltd(002009) 4),
Signed by:
Gu Yunli (110 Guangdong Advertising Group Co.Ltd(002400) 300)
(information can be queried by scanning QR code or logging into the official website of Beijing injection Association)
Note: this filing information only proves that the report has been filed with the Beijing Institute of certified public accountants, and does not mean that the Beijing Institute of Certified Public Accountants makes any form of guarantee for the content of the report in any sense.
audit report
Tianshiye Zi [2022] No. 31190 new line Technology Co., Ltd.:
1、 Audit opinion
We have audited the attached simulated financial statements of Xinxian Technology Co., Ltd. (hereinafter referred to as "Honghe Xinxian"), including the simulated consolidation and parent company's balance sheet as of December 31, 2021, the simulated consolidation and parent company's income statement, cash flow statement and notes to relevant simulated financial statements in 2021.
In our opinion, the attached simulated financial statements are prepared in accordance with the provisions of the accounting standards for business enterprises and note 2, the preparation basis of the financial statements, and fairly reflect the simulated merger and the financial position of the parent company on December 31, 2021, as well as the simulated merger and the operating results and cash flow of the parent company in 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. The "responsibilities of certified public accountants for the audit of financial statements" in the audit report further expounds our responsibilities under these standards. According to the code of professional ethics for Chinese certified public accountants, we are independent of Honghe Xinxian and have fulfilled other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate, which provides a basis for our audit opinion.
3、 Responsibilities of management and governance for simulated financial statements
The management is responsible for preparing the simulated financial statements in accordance with the accounting standards for business enterprises to achieve a fair reflection, and designing, implementing and maintaining necessary internal control so that the simulated financial statements are free from material misstatement caused by fraud or error.
When preparing the simulated financial statements, the management is responsible for evaluating the sustainable operation ability of Honghe Xinxian, disclosing matters related to sustainable operation (if applicable), and applying the assumption of sustainable operation, unless the management plans to liquidate Honghe Xinxian, terminate operation or has no other realistic options.
The management is responsible for supervising the simulated financial reporting process of Honghe Xinxian.
4、 Responsibilities of certified public accountants for the audit of simulated financial statements
Our goal is to obtain reasonable assurance on whether the simulated financial statements are free from material misstatement due to fraud or error, and issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that the audit performed in accordance with the audit standards will always be found when a major misstatement exists. Misstatement may be caused by fraud or error. If it is reasonably expected that the misstatement alone or in summary may affect the economic decisions made by the users of the simulated financial statements based on the simulated financial statements, the misstatement is generally considered to be significant.
Audit report (Continued)
Tian Zhi Ye Zi [2022] No. 31190 in the process of performing audit work in accordance with audit standards, we use professional judgment and maintain professional suspicion. At the same time, we also carry out the following work:
(1) Identify and assess the risks of material misstatement of simulated financial statements caused by fraud or error, design and implement audit procedures to deal with these risks, and obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. Since fraud may involve collusion, forgery, intentional omission, misrepresentation or override of internal control, the risk of failing to find major misstatement caused by fraud is higher than that caused by error.
(2) Understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express an opinion on the effectiveness of internal control.
(3) Evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures.
(4) Draw conclusions on the appropriateness of management's use of going concern assumptions. At the same time, according to the audit evidence obtained, draw a conclusion on whether there are major uncertainties in the matters or circumstances that may lead to major doubts about the sustainable operation ability of Honghe Xinxian. If we conclude that there is significant uncertainty, the auditing standards require us to draw the attention of statement users to the relevant disclosures in the financial statements in the audit report; If the disclosure is insufficient, we should express a non unqualified opinion. Our conclusions are based on the information available as of the date of the audit report. However, future events or circumstances may cause Honghe Xinxian to be unable to continue its business.
(5) Evaluate the overall presentation, structure and content of the simulated financial statements, and evaluate whether the simulated financial statements fairly reflect relevant transactions and events.
(6) Obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in new line technology to express an audit opinion on the financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we identified in the audit.
Note no. of the project from December 31, 2021 to December 31, 2020
current assets
Monetary capital 15291490523439661168 VI. (I)
△ provision for settlement
△ lending funds
Trading financial assets
Derivative financial assets
Notes receivable
Accounts receivable 13556019 Hainan Strait Shipping Co.Ltd(002320) 883923 VI. (II)
Receivables financing
Prepayment 18852015826261747 VI. (III)
△ premium receivable
△ reinsurance accounts receivable
△ reinsurance contract reserve receivable
Other receivables 77121072016430792100 VI. (IV)
Including: interest receivable
Dividends receivable 620870224563877100 VI. (IV)
△ financial assets purchased for resale
Inventory 41701197051983794137 VI. (V)
Contract assets
Assets held for sale
Non current assets due within one year
Other current assets 384413393124747422 VI. (VI)
Total current assets 1533991140914326140497
Non current assets
△ loans and advances
Debt investment
Other debt investment
long-term receivables
Long term equity investment
Investment in other equity instruments
Other non current financial assets
Investment real estate
Fixed assets 8 Anhui Zhonghuan Environmental Protection Technology Co.Ltd(300692) 592921513 VI. (VII)
Construction in progress
Productive biological assets
Oil and gas assets
Use right assets 853923787 VI. (VIII)
Intangible assets 5821814089973489 VI. (IX)
Development expenditure
Goodwill 1940932315 VI. (x)
Long term deferred expenses 695551621241414 VI. (XI)
Deferred income tax assets 1096779092458 Ue Furniture Co.Ltd(603600) VI. (XII)
Other non current assets 15139200 VI. (XIII)
Total non current assets 40549549752603672331
Total assets 1939486638416929812828
Legal representative: Wang Jing person in charge of Accounting: Wang Jing person in charge of accounting organization: Xie Fang
Simulated consolidated balance sheet (Continued)
