ENJOYOR(SZ:300020) 梧桐树下V·2026-01-13 11:41Core Viewpoint - The Zhejiang Securities Regulatory Bureau has issued an administrative penalty against Zhongxinghua Accounting Firm and its signing auditors for failing to perform due diligence in the audit of Silver River Technology's financial statements for 2021 and 2022, resulting in false records in the audit reports [1][4][9]. Group 1: Audit Findings - Zhongxinghua's audit reports for Silver River Technology for 2021 and 2022 contained false records, including significant overstatements of revenue and profit due to improper accounting practices [4][9]. - In 2022, Silver River Technology overstated its revenue by 51.71 million yuan and profit by 9.44 million yuan, which represented 3.21% and 12.63% of the reported amounts, respectively [4]. - In 2021, the company overstated its revenue by 16.46 million yuan and profit by 16.21 million yuan, accounting for 0.82% and 15.08% of the reported amounts, respectively [4]. Group 2: Audit Procedures - The audit procedures for 2022 were inadequate, as Zhongxinghua failed to maintain reasonable professional skepticism despite identifying significant fraud risks related to contract revenue [5][9]. - In 2021, the firm did not adequately question abnormal situations regarding revenue recognition, failing to execute further audit procedures despite recognizing significant fraud risks [6][9]. - The audit of related guarantees in 2021 and 2022 was insufficient, as Zhongxinghua only obtained scanned copies of property certificates without verifying original documents or checking mortgage records [8][9]. Group 3: Penalties Imposed - Zhongxinghua was ordered to correct its practices, with a total of 5,566,037.74 yuan in business income confiscated and an equal amount in fines imposed [1][9]. - The signing auditors, Gao Minjian and Pang Yuwen, received warnings and fines of 300,000 yuan each for their roles in the violations [1][9].