Core Viewpoint - The announcement details the response of Shaanxi Broadcasting Network Media Group Co., Ltd. to the Shanghai Stock Exchange's inquiry regarding its 2024 annual report, highlighting significant declines in revenue and net profit, and the need for further disclosure on its business operations and financial practices [1]. Group 1: Financial Performance - The company reported a net profit of -1.059 billion yuan, representing a 33% decline compared to the previous year, with total revenue from engineering construction and product sales dropping over 60% to 214 million yuan [1]. - The annual report indicates a substantial decrease in both product sales and engineering construction revenues, necessitating a detailed explanation for these declines [1]. Group 2: Business Model and Revenue Recognition - The company's product sales primarily derive from providing hardware and software for government and enterprise clients within system integration and network information projects, with revenue recognition based on the transfer of control as per accounting standards [2][4]. - Revenue from product sales is recognized when control is transferred to the customer, typically upon delivery and acceptance of goods, while engineering construction and operational services are recognized based on specific contractual obligations [4][5]. Group 3: Customer and Supplier Information - The company is required to disclose detailed information about its top ten customers and suppliers, including names, cooperation duration, transaction content, amounts, credit terms, and payment situations, to clarify any potential related-party relationships [1][2]. - The company confirmed that its top ten customers for 2023 do not have any related-party relationships with the company or its controlling shareholders [10][12]. Group 4: Payment Terms and Conditions - The company typically employs a phased payment approach with clients, where 50% is paid upon delivery, 40% after installation and debugging, and a 10% retention for warranty, which generally lasts for one year [3][13].

中兴华会计师事务所（特殊普通合伙） Z H O N G X I N G H U A CE RT I F I E D P U B L I C AC C O U N TA NT S L L P 地址（location）：北京市丰台区丽泽路 20 号丽泽 电话（tel）：010-51423818 传真（fax）：010- 51423816 关于陕西广电网络传媒(集团)股份有限公司 010635 号 上海证券交易所上市公司管理二部： 根据贵部于近日出具的《关于陕西广电网络传媒(集团)股份有限公司 2024 年年度报告的信息披露监管问询函》上证公函【2025】0733 号（以下简称"问 询函"）的有关要求，中兴华会计师事务所（特殊普通合伙）（以下简称"年审 会计师"、"我们"）作为陕西广电网络传媒(集团)股份有限公司（以下简称"广 电网络""公司"）2024 年度的年报审计机构，对问询函中涉及会计师的相关 问题回复如下： 问题一： 亿元，较上年同期下降 33%，归母净利润-10.59 亿元，较上年同期亏损增加， 报告期内工程施工、商品销售业务收入合计 2.14 亿元，下滑幅度超过 60%。此 外，年度报告显示部分项目建 ...