Securities code: 300720 securities abbreviation: Guangdong High Dream Intellectualized Machinery Co.Ltd(300720) Announcement No.: 2022-007
Guangdong High Dream Intellectualized Machinery Co.Ltd(300720)
Announcement on receiving VAT refund for software products
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.
1、 Basic information of obtaining subsidies
According to the relevant provisions of the notice on value added tax policy for software products (CS [2011] No. 100) issued by the Ministry of Finance and the State Administration of Taxation, general VAT taxpayers sell their own software products (including embedded software), collect value-added tax at the statutory tax rate, and implement the policy of immediate collection and refund for the part with an actual VAT burden of more than 3%. The company has recently received a vat refund of 105157.23 yuan for software products. The details are as follows:
Whether the collection amount has serial number, and whether the policy basis of the main subsidy project (yuan) issued by the payee is sustainable
About software products
1 Guangdong High Dream Intellectualized Machinery Co.Ltd(300720) notice on value tax rebate 105157.23 value tax policy of Shunde District Finance Bureau of Foshan City is (CAI [2011] No. 100)
2、 Types of subsidies and their impact on Listed Companies
1. Type of subsidy
According to the relevant provisions of the accounting standards for Business Enterprises No. 16 – government subsidies, the government subsidies related to assets refer to the government subsidies obtained by the enterprise for the purchase and construction or the formation of long-term assets in other ways; Government subsidies related to income refer to government subsidies other than those related to assets. The above VAT refund is a government subsidy related to income.
2. Recognition and measurement of subsidies
According to the accounting standards for Business Enterprises No. 16 – government subsidies and other relevant provisions, the company plans to include the above VAT refund into other income of 105157.23 yuan, and the final accounting treatment must still be subject to the results confirmed by the certified public accountant after the annual audit.
3. Impact of subsidies on Listed Companies
The VAT refund received this time is expected to have an impact on the pre tax profit of the company this year of 105157.23 yuan, accounting for 0.12% of the company’s latest audited net profit attributable to the shareholders of the listed company. 4. Risk tips and other instructions
The specific accounting treatment and affected amount of VAT refund received by the company shall finally be subject to the results confirmed by the certified public accountant’s annual audit. Please pay attention to the investment risk.
3、 Documents for future reference
Collection voucher
It is hereby announced.
Guangdong High Dream Intellectualized Machinery Co.Ltd(300720) board of directors January 23, 2022
