SUNSEA(SZ:002313) 梧桐树下V·2025-05-19 11:51Core Viewpoint - The Shenzhen Securities Regulatory Bureau has imposed administrative penalties on Lixin Certified Public Accountants for their audit of the financial statements of Rihai Intelligent Technology Co., Ltd. for the years 2018 and 2019, citing false records and inadequate audit procedures [1][4][11]. Group 1: Audit Violations - Lixin's audit reports and related documents for Rihai Intelligent contained false records, leading to inflated profits of 33.43 million yuan in 2018 and 3.68 million yuan in 2019, which represented 37.58% and 5.13% of the reported profits for those years respectively [1][4][10]. - The audit procedures for goodwill were inadequately executed, as Lixin relied on an asset evaluation report that did not consider the impact of minority shareholders' equity on goodwill, resulting in incorrect audit conclusions [2][5][9]. - The audit of main business income was also insufficient, with Lixin failing to account for significant financing components in a contract, leading to an overstatement of income by 2.13 million yuan [2][6][9]. Group 2: Penalties and Responsibilities - Lixin was ordered to correct its practices, had its business income confiscated amounting to 3.77 million yuan, and was fined 7.55 million yuan [11][12]. - The responsible auditors, Zhang Yong and Wang Zehui, received warnings and fines of 550,000 yuan and 500,000 yuan respectively for their roles in the audit failures [11][12]. - The regulatory body emphasized that Lixin's actions violated multiple provisions of the Securities Law and auditing standards, indicating a lack of due diligence in their audit processes [6][10][11].