小小科技已回复北交所第二轮审核问询函：安徽省专精特新中小企业，聚焦汽车传动及动力系统精密零部件研发销售

Core Viewpoint - Anhui Xiaoxiao Technology Co., Ltd. is in the process of updating its listing application review on the Beijing Stock Exchange, addressing inquiries related to operational performance stability, revenue authenticity verification, and cash and inventory verification [1][2]. Group 1: Operational Performance Stability - The company attributes current performance fluctuations to a combination of industry transformation and structural adjustments within the company, expecting continued improvement in performance due to deepening cooperation with core customers, increasing orders from new clients, and the ramp-up of new business into mass production [1] - The company anticipates that its performance will maintain the upward trend observed since the third quarter [1]. Group 2: Revenue Authenticity Verification - The company asserts that the trends in its overseas business performance are reasonable, with the structure of overseas sales revenue and costs showing logical changes during the reporting period [1] - Variations in regional concentration, sales and settlement cycles, major customers, and sales amounts are deemed reasonable, with matching customs declaration data, export tax rebate data, foreign exchange gains and losses, logistics records, and shipping acceptance documents [1]. Group 3: Cash and Inventory Verification - The company indicates that changes in cash funds align with variations in operating income and accounts receivable/payable, as well as investment financing situations [2] - The average deposit interest rate during the reporting period is within a reasonable range, with interest income matching the scale of bank deposits, and no anomalies in the relationship between bank deposits and interest income [2]. - The company maintains appropriate inventory levels and has accounted for inventory impairment in accordance with accounting standards, with no signs of asset impairment or idleness in production equipment [2]. Group 4: Company Overview - The company is primarily engaged in the research, development, production, and sales of precision components for automotive transmission and power systems, adhering to the philosophy that "quality is the root of enterprise survival, and innovation is the path to enterprise development" [3].