GOHIGH(SZ:000851) Zheng Quan Zhi Xing·2025-08-29 18:21Core Viewpoint - The company, 大唐高鸿网络股份有限公司, has announced corrections to prior accounting errors that will affect financial reports from 2015 to 2024, altering the profit and loss nature for the years 2017, 2021, and 2022, but will not significantly impact the current and future financial status and operations of the company [1][2]. Summary by Sections Accounting Error Correction - The company received a notice from the China Securities Regulatory Commission regarding prior accounting errors, which included fraudulent issuance of stocks and false records in annual reports from 2015 to 2023 [2][3]. - The fraudulent activities involved inflating revenue and profits through fictitious trade operations related to notebook computers and IT systems, leading to inflated revenues of 6.94 billion yuan, 24.52 billion yuan, 24.20 billion yuan, 30.63 billion yuan, 56.34 billion yuan, 24.80 billion yuan, and 18.05 billion yuan for the years 2015 to 2021 respectively [2][3]. Financial Statement Adjustments - The company applied a retrospective restatement method to correct the accounting errors, impacting various financial statement items [3][4]. - For the consolidated balance sheet as of December 31, 2015, adjustments included: - Accounts receivable decreased by 150.24 million yuan - Prepayments decreased by 50.79 million yuan - Other receivables increased by 66.77 million yuan - Total current assets decreased by 134.26 million yuan [4][5]. Profit and Loss Statement Adjustments - The adjustments for the consolidated profit and loss statement for 2015 included: - Total operating revenue decreased by 693.50 million yuan - Total operating costs decreased by 692.83 million yuan - Net profit adjusted to reflect a decrease of 473,514.19 yuan, resulting in a basic and diluted earnings per share of 0.1435 [5][6]. Cash Flow Statement Adjustments - The cash flow statement for 2015 showed: - Cash received from sales decreased by 660.40 million yuan - Cash received from other operating activities increased by 660.40 million yuan - Cash paid for goods and services decreased by 727.51 million yuan [5][6]. Impact on Subsequent Years - Similar adjustments were made for the years 2016 to 2019, with significant impacts on both the balance sheets and profit and loss statements, reflecting the ongoing nature of the accounting corrections [6][20][21].