Core Viewpoint - The article discusses the ongoing research by Zhihong on the application of accounting standards in the annual reports of listed companies, focusing on the execution of key accounting policies and regulatory requirements, along with practical application examples [1][2]. Group 1: Research Focus - Zhihong is releasing a series of articles analyzing the application of accounting standards in annual reports, including significant accounting policy choices and practical application cases [1]. - The upcoming publication in March 2025 will include practical guidelines for the application of accounting standards in annual reports for 2024 [2]. Group 2: Accounting Standards and Regulatory Requirements - The research covers various accounting standards such as Long-term Equity Investment (CAS2), Business Combinations (CAS20), Consolidated Financial Statements (CAS33), Government Grants (CAS16), Share-based Payment (CAS11), Asset Impairment (CAS8), and others [2]. - Specific areas of focus include the differences in execution of domestic and overseas standards for A+H shares, revenue deductions, and disclosures of non-recurring gains and losses [2]. Group 3: Revenue Recognition Examples - The article provides examples of revenue recognition based on whether a company acts as a principal or an agent in transactions, emphasizing the importance of control over goods before transfer to customers [3][4]. - Companies must analyze the substance of transactions to determine their role, using total revenue recognition for principals and net revenue recognition for agents [3][4]. Group 4: Practical Guidelines for Implementation - Companies can refer to three indicators when determining their role: assuming primary responsibility for transferring goods, bearing inventory risk before or after transfer, and having the authority to set prices [5][6]. - The article stresses that these indicators support the assessment of control but do not replace the need for a comprehensive evaluation of control [5][6]. Group 5: Case Studies - Several case studies illustrate the application of these principles in different business models, such as retail and construction, highlighting the nuances in revenue recognition based on control and responsibility [10][12][29]. - The examples demonstrate how companies should assess their control over goods and services to determine the appropriate method for revenue recognition [10][12][29].

Group 1 - The core viewpoint of the news is that Runxin Technology's stock has experienced a significant decline, with a 5.13% drop on September 4, leading to a total market value of 10.61 billion yuan and a cumulative decline of 13.58% over four consecutive days [1] - Runxin Technology, established on October 9, 2000, and listed on December 10, 2015, specializes in providing IC application solutions and technical support services, with 100% of its main business revenue derived from IC and other electronic components [1] - The stock's trading volume on September 4 was 540 million yuan, with a turnover rate of 5.00% [1] Group 2 - Among the top ten circulating shareholders of Runxin Technology, Huaxia Fund's Huaxia CSI 1000 ETF (159845) entered the list in the second quarter, holding 2.2335 million shares, which is 0.45% of the circulating shares [2] - The Huaxia CSI 1000 ETF has experienced a floating loss of approximately 2.5015 million yuan today and a total floating loss of 7.6609 million yuan during the four-day decline [2] - The fund manager, Zhao Zongting, has been in charge for 8 years and 143 days, with the fund's total asset scale at 389.148 billion yuan and a best return of 107.43% during his tenure [2]

Group 1 - The core viewpoint of the news is that Runxin Technology's stock has experienced a decline of 5.03%, with a current price of 23.98 CNY per share and a total market capitalization of 12.292 billion CNY [1] - Runxin Technology, established on October 9, 2000, and listed on December 10, 2015, specializes in providing IC application solutions and technical support services, with 100% of its revenue derived from IC and other electronic components [1] Group 2 - Among the top circulating shareholders of Runxin Technology, the Southern Fund's Southern CSI 1000 ETF (512100) has recently entered the top ten, holding 3.9301 million shares, which accounts for 0.78% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) has a total scale of 64.953 billion CNY and has achieved a year-to-date return of 26.28%, ranking 1562 out of 4222 in its category [2] - The fund manager of Southern CSI 1000 ETF is Cui Lei, who has been in the position for 6 years and 297 days, with the best fund return during the tenure being 127.15% [3]