300023SZSE

2021 Annual Audit Report

Baode Holdings··106 pages

✨ AI Summary

This audit report evaluates the financial statements of Xi'an Baode Automation Co., Ltd. for the year ending December 31, 2021. The consolidated revenue reached 60.85 million RMB, reflecting an 86.4% increase from the previous year. The report confirms that the financial statements fairly represent the company's financial position and operational results in accordance with accounting standards. Key audit matters included revenue recognition and asset disposal gains.

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Full Translation

AI Translation· azure_openai

Audit Report

Xi'an Baode Automation Co., Ltd. Audit Report No. Xi Hui Shen Zi (2022) 1992

Table of Contents

  1. Audit Report … … … … … … … … … … … … … (1-5)
  2. Financial Statements (1) Consolidated Financial Statements
    1. Consolidated Balance Sheet … … … … … … … … … (6-7)
    2. Consolidated Income Statement … … … … … … … … (8)
    3. Consolidated Cash Flow Statement … … … … … … … … (9)
    4. Consolidated Statement of Changes in Equity … … … … (10-11) (2) Parent Company Financial Statements
    5. Parent Company Balance Sheet … … … … … … … … (12-13)
    6. Parent Company Income Statement … … … … … … … … (14)
    7. Parent Company Cash Flow Statement … … … … … … … (15)
    8. Parent Company Statement of Changes in Equity … … … … (16-17)
  3. Notes to Financial Statements … … … … … … … … … (18-91)
  4. Certificate Copies (1) Certified Public Accountant Qualification Certificate (2) Accounting Firm Business License (3) Accounting Firm Practice Certificate

Audit Opinion

We have audited the financial statements of Xi'an Baode Automation Co., Ltd. (hereinafter referred to as "your company"), including the consolidated and parent company balance sheets as of December 31, 2021, the consolidated and parent company income statements, consolidated and parent company cash flow statements, and the consolidated and parent company statements of changes in equity, as well as the notes to the financial statements. We believe that the attached financial statements are prepared in accordance with the provisions of enterprise accounting standards in all material respects and fairly present the financial position of your company as of December 31, 2021, as well as the operational results and cash flows for the year 2021.

Basis for Audit Opinion

We conducted our audit in accordance with the auditing standards for certified public accountants in China. The section of the audit report titled "Responsibilities of Certified Public Accountants for the Audit of Financial Statements" further elaborates on our responsibilities under these standards. In accordance with the Code of Ethics for Certified Public Accountants in China, we are independent of your company and have fulfilled our other ethical responsibilities. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements for the current period. These matters were addressed in the context of our audit of the financial statements as a whole and in forming our opinion thereon, and we do not provide a separate opinion on these matters. The key audit matters identified in our audit are as follows:

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