拟IPO企业收入确认依据仅为客户签字确认的签收单！引发监管问询！

Core Viewpoint - The company, Ningbo Nengzhiguang New Materials Technology Co., Ltd., has experienced significant growth in 2023, with a notable increase in sales to a new major client, Aoshen De, which began cooperation in the same year [1][2]. Group 1: Client Cooperation - Aoshen De, a subsidiary of Ascend Performance Materials, became a major client for the company in 2023, primarily purchasing nylon toughening agents [2][3]. - The collaboration began in 2021, with Aoshen De seeking reliable domestic alternatives to previously used materials due to public health safety concerns [2]. - Sales figures to Aoshen De for 2023, 2024, and Q1 2025 are projected at 9.83 million, 12.67 million, and 3.44 million respectively, indicating a steady increase in transaction volume [2][3]. Group 2: Revenue Recognition - The company recognizes revenue based on customer-signed delivery receipts, which is a common practice in the industry [3][4]. - The revenue recognition method aligns with comparable companies in the industry, confirming that it is a standard practice [3][4]. - The company maintains a structured process for confirming deliveries and ensuring that the signed receipts are valid, which includes communication with clients before and after delivery [6][9]. Group 3: Client Signature Verification - The company acknowledges that discrepancies may occur between the logistics recipient and the actual signer due to the nature of the business, but maintains that this does not affect the validity of the signed receipts [7][9]. - Measures have been implemented to minimize potential disputes arising from signature discrepancies, including proactive communication with clients [8][9]. - Regular reconciliation with clients is conducted to ensure that the quantities signed for match the invoiced amounts, which is part of the company's performance assessment [10].