TigerResearch/tigerbot-earning-plugin huggingface dataset:
Shenzhen QIanhai Kechuangyuan Software Co., Lt.d (hereinafter Kechuangyuan Software)|25%
 Fangda Zhiyuan Technology (Hong Kong) Co., Ltd. (formerly known as Fangda Zhichuang Technology (Hong Kong) Co., Ltd., hereinafter referred to as Fangda Zhiyuan Technology (Hong Kong) Co., Ltd.)|16.50%
 Fangda Zhiyuan Technology (Wuhan) Co., Ltd. (formerly known as Fangda Zhichuang Technology (Wuhan) Co., Ltd., hereinafter referred to as Fangda|25%
 Zhiyuan Technology (Wuhan) Co., Ltd.)|
 Fangda Zhiyuan Technology (Nanchang) Co., Ltd. (formerly known as Fangda Zhichuang Technology (Nanchang) Co., Ltd., hereinafter referred to as Fangda Zhiyuan Technology Nanchang Company)|25%
 Fangda Zhiyuan Technology (Dongguan) Co., Ltd. (formerly known as Fangda Zhichuang Technology (Dongguan) Co., Ltd., hereinafter referred to as Fangda Zhiyuan Technology (Dongguan) Co., Ltd.)|25%
 General Rail Technology Private Limited|17%
Shihui International Holding Co., Ltd. (hereinafter Fangda Shihui International)|16.50%
 Shenzhen Hongjun Investment Co., Ltd. (hereinafter Fangda Hongjun Investment)|25%
 Fangda Australia Pty Ltd|30%
 Shanghai Fangda Zhijian Technology Co., Ltd. (hereinafter referred to as Fangda Shanghai Zhijian company)|15%
 Shenzhen Fangda Yunzhi Technology Co., Ltd. (formerly known as Shenzhen Fangda Yunzhi Technology Co., Ltd., hereinafter referred to as Fangda Yunzhi)|25%
 Shanghai Fangda Jianzhi Technology Co., Ltd. (hereinafter Fangda Shanghai Jianzhi)|25%
 Shenzhen Zhongrong Litai Investment Co. Ltd. (Zhongrong Litai)|25%
Chengdu Fangda Curtain Wall Technology Co., Ltd. (hereinafter Fangda Chengdu Curtain Wall)|25%
 Fangda Southeast Asia Co., Ltd. (hereinafter Fangda Southeast Asia)|20%
 Shenzhen Xunfu Investment Co., Ltd. (hereinafter referred to as Fangda Xunfu Investment)|25%
 Shenzhen Lifu Investment Co., Ltd. (hereinafter referred to as Fangda Lifu Investment)|25%
 Shenzhen Fangda Investment Partnership (Limited Partnership) (hereinafter referred to as Fangda Investment)| Inapplicable
 Fangda Jianke (Hong Kong) Co., Ltd. (hereinafter Fangda Jianke Hong Kong)|16.50%
 Shenzhen Fangda Yunzhu Technology Co., Ltd. (formerly known as Shenzhen Yunzhu Industry Co., Ltd., hereinafter referred to as Fangda Yunzhu Company)|15%
Shenzhen Yunzhu Testing Technology Co., Ltd. (Hereinafter Fangda Yunzhu Testing)|25%
 Jiangxi Fangda Intelligent Manufacturing Technology Co., Ltd. (hereinafter referred to as Fangda Intelligent Manufacturing Company)|25%
2. Tax preference
(1) On December 23, 2021, the subsidiary Fangda Jianke obtained the certificate of high-tech enterprise jointly issued by Shenzhen Science and Technology Innovation Commission, Shenzhen Finance Bureau, State Administration of Taxation and Shenzhen Taxation Bureau. The certificate number is GR202144200527. Within three years after obtaining the qualification of high-tech enterprise (from 2021 to 2023), the income tax will be levied at 15%.
(2) On December 23, 2021, the subsidiary Fangda Zhiyuan Technology Co., Ltd. obtained the certificate of high tech enterprise jointly issued by Shenzhen Science and Technology Innovation Commission, Shenzhen Finance Bureau, State Administration of Taxation and Shenzhen Taxation Bureau. The certificate number is GR202144205924. Within three years after obtaining the qualification of high tech enterprise (from 2021 to 2023), the income tax will be levied at 15%.
(3) On November 3, 2021, the subsidiary Fangda Jiangxi New Material Co., Ltd. obtained the certificate of high tech enterprise jointly issued by Jiangxi Provincial Department of Science and Technology, Jiangxi Provincial Department of Finance, State Administration of Taxation and Jiangxi Provincial Bureau of Taxation. The certificate number is GR202136000174. Within three years after obtaining the qualification of high tech enterprise (2021-2023), the income tax will continue to be levied at 15%.
(4) On December 3, 2020, the subsidiary Fangda Chengdu Technology obtained the certificate of high tech enterprise No. GR202051002193 jointly issued by the Department of Science and Technology of Sichuan Province, the Department of Finance of Sichuan Province, the State Administration of Taxation and the Sichuan Provincial Taxation Bureau. Within three years after obtaining the qualification of high tech enterprise (2020-2022), the income tax will continue to be levied at 15%.
(5) On December 22, 2022, the subsidiary Fangda Dongguan New Materials Co., Ltd. obtained the certificate of high tech enterprise No.GR202244006622 jointly issued by Guangdong Provincial Department of science and technology, Guangdong Provincial Department of Finance and Guangdong Provincial Taxation Bureau. Within three years (from 2022 to 2024) after obtaining the qualification of high tech enterprise, the income tax will be charged at 15%.
(6) The subsidiary Kechuangyuan Software is an enterprise located in Qianhai Shenzhen Hong Kong Modern Service Industry Cooperation Zone. Its main business meets the conditions of Preferential Catalogue of Enterprise Income Tax in Qianhai Shenzhen Hong Kong Modern Service Industry Cooperation Zone (2021)(the Regulation shall be implemented from January 1,2021 to December 31, 2025), and the income tax is levied at 15%.
(7) On November 12, 2020, the subsidiary Fangda Shanghai Zhijian obtained the certificate of high tech enterprise No.GR202031001525 jointly issued by Shanghai Science and Technology Commission, Shanghai Finance Bureau and Shanghai Taxation Bureau. Within three years (from 2020 to 2022) after obtaining the qualification of high tech enterprise, the income tax will continue to be charged at 15%.
(8) On December 11, 2020, the subsidiary Fangda Yunzhu Co., Ltd. obtained the certificate of high tech enterprise jointly issued by Shenzhen Science and Technology Innovation Commission, Shenzhen Finance Bureau, State Administration of Taxation and Shenzhen Taxation Bureau. The certificate number is GR202044202438. Within three years after obtaining the qualification of high tech enterprise (from 2020 to 2022), the income tax will be levied at 15%.
(9) According to the Notice of the Ministry of Finance and the State Administration of Taxation on the Implementation of the Inclusive Tax Reduction Policy for Small and Micro Enterprises (CS [2019] No. 13), the Notice of the Ministry of Finance and the State Administration of Taxation on the Implementation of the Income Tax Preferential Policy for Small and Micro Enterprises and Individual Businesses (Announcement of the General Administration of Taxation of the Ministry of Finance, No. 12, 2021) According to the Announcement of the State Administration of Taxation on the Implementation of the Preferential Policies for the Development of Income Tax for Small and Micro-profit Enterprises and Individual Businesses (Announcement No. 8 of the State Administration of Taxation in 2021) and the Announcement of the State Administration of Taxation of the Ministry of Finance on the Further Implementation of the Preferential Policies for Income Tax for Small and Micro-profit Enterprises (Announcement No.13 of the State Administration of Taxation in 2022), some companies belong to small and micro-profit enterprises in 2022, Their income shall be subject to enterprise income tax in accordance with the provisions of the above documents.
VII. Notes to the consolidated financial statements
1. Monetary capital
Item| Closing balance| Opening balance
 Inventory cash:|149.81|3,192.76
 Bank deposits|809,288,523.64|910,763,535.83
 Other monetary capital|429,465,543.05|376,797,030.73
 Total|1,238,754,216.50|1,287,563,759.32
 Including: total amount deposited in overseas|49,596,440.24|43,244,091.68
 The total amount of money that has restrictions on use due to mortgage, pledge or freezing|455,076,287.44|395,312,687.73
(1) The restricted funds used in the ending balance of bank deposits are RMB32,904,822.35, including RMB241,305.03 in the real estate development supervision account, RMB19,342,686.90 in the labor insurance special account and migrant workers' wage special account, RMB13,213,791.84 in the loan supervision account, and RMB107,038.58 in the fixed deposit interest; In the closing balance of other monetary funds, the funds with limited use are RMB422,171,465.09, mainly including bill deposit, stage guarantee deposit, and guarantee deposit issued. In addition, there are no other funds in the monetary funds at the end of the period that have restrictions on use and potential recovery risks due to mortgages, pledges or freezing.
(2) In the preparation of the cash flow statement, the above-mentioned deposits and other restricted deposits are not used as cash and cash equivalents.
(3) At the end of the period, the Company's total amount deposited abroad was RMB49,596,440.24.
2. Transactional financial assets
Item| Closing balance| Opening balance
 Financial assets measured at fair value with variations accounted into current income account||25,135,241.89
 Including: Investment of financial products||25,135,241.89
 Total||25,135,241.89
3. Derivative financial assets
Item| Closing balance| Opening balance
 Futures contracts||310,325.00
 Forward foreign exchange contract|789,205.34|759,262.62
 Total|789,205.34|1,069,587.62
4. Notes receivable
(1) Classification of notes receivable
Item| Closing balance| Opening balance
 Bank acceptance|111,994,295.62|133,618,433.58
 Commercial acceptance|18,434,258.87|32,759,446.43
 Total|130,428,554.49|166,377,880.01
Type| Closing balance||||| Opening balance||||
| Remaining book value|| Bad debt provision|| Book value| Remaining book value|| Bad debt provision|| Book value
| Amount| Proporti on| Amount| Provisio n rate|| Amount| Proporti on| Amount| Provisio n rate|
 Includin g:||||||||||
 Notes receivab le with|132,708,717.05|100.00%|2,280,162.56|1.72%|130,428,554.49|168,962,589.90|100.00%|2,584,709.89|1.53%|166,377,880.01
provisio n for bad debts by portfolio||||||||||
 Includin g:||||||||||
 Commer cial acceptan ce|114,274,458.18|86.11%|2,280,162.56|2.00%|111,994,295.62|136,203,143.47|80.61%|2,584,709.89|1.90%|133,618,433.58
 Bank acceptan ce|18,434,258.87|13.89%|||18,434,258.87|32,759,446.43|19.39%|||32,759,446.43
 Total|132,708,717.05|100.00%|2,280,162.56|1.72%|130,428,554.49|168,962,589.90|100.00%|2,584,709.89|1.53%|166,377,880.01
Provision for bad debts by combination: trade acceptance
Name| Closing balance||
| Remaining book value| Bad debt provision| Provision rate
 Commercial acceptance|114,274,458.18|2,280,162.56|2.00%
 Total|114,274,458.18|2,280,162.56|
Provision for bad debts by combination: bank acceptance
Name| Closing balance||
| Remaining book value| Bad debt provision| Provision rate
 Bank acceptance|18,434,258.87|0.00|0.00%
 Total|18,434,258.87|0.00|
If the provision for bad debts of bills receivable is made in accordance with the general model of expected credit losses, please refer to the disclosure of other receivables to disclose information about bad debts:
(2) Bad debt provision made, returned or recovered in the period
Bad debt provision made in the period:
Type| Opening balance| Change in the period|||| Closing balance
|| Provision| Written-back or recovered| Canceled| Others|
 Commercial acceptance|2,584,709.89|-304,547.33||||2,280,162.56
 Total|2,584,709.89|-304,547.33||||2,280,162.56
Including significant recovery or reversal:□Applicable Inapplicable
(3) The Group has no endorsed or discounted immature receivable notes at the end of the period.
Item| De-recognized amount| Not de-recognized amount
 Bank acceptance||17,869,328.87
 Commercial acceptance||6,677,013.28
 Total||24,546,342.15
(4) Notes transferred to accounts receivable due to default of the issue at the end of period
Item| Amount transferred to accounts receivable at the end of the period
 Commercial acceptance|44,712,018.28
 Total|44,712,018.28
5. Account receivable
(1) Account receivable disclosed by categories
Type| Closing balance||||| Opening balance||||
| Remaining book value|| Bad debt provision|| Book value| Remaining book value|| Bad debt provision|| Book value
| Amount| Propo rtion| Amount| Provisio n rate|| Amount| Proporti on| Amount| Provisio n rate|
 Account receivable for which bad debt provision is made by group|89,501,875.22|8.46%|83,454,234.68|93.24%|6,047,640.54|83,718,640.09|11.18%|78,221,018.60|93.43%|5,497,621.49
 Including:||||||||||
1. Customer1|54,873,223.21|5.19%|54,873,223.21|100.00%||54,873,223.21|7.32%|54,873,223.21|100.00%|
2. Customer2|13,461,834.96|1.27%|13,461,834.96|100.00%||13,461,834.96|1.80%|13,461,834.96|100.00%|
3. Customer3|4,998,860.10|0.47%|2,499,430.06|50.00%|2,499,430.04|4,998,860.10|0.67%|2,499,430.06|50.00%|2,499,430.04
4. Customer4|7,096,421.00|0.67%|3,548,210.50|50.00%|3,548,210.50|5,996,382.91|0.80%|2,998,191.46|50.00%|2,998,191.45
5. Customer5|9,071,535.95|0.86%|9,071,535.95|100.00%||4,388,338.91|0.59%|4,388,338.91|100.00%|
 Account|968,358,4|91.54|142,113,|14.68%|826,244,|664,994,|88.82%|114,038,|17.15%|550,956,
receivable for which bad debt provision is made by group|65.15|%|757.52||707.63|519.44||316.73||202.71
 Including:||||||||||
1. Portfolio1: Engineeri ng operation s section|714,451,919.44|67.54%|128,787,757.87|18.03%|585,664,161.57|414,989,471.61|55.43%|101,816,476.32|24.53%|313,172,995.29
2. Portfolio2: Real estate business payments|167,560,235.16|15.84%|7,893,605.97|4.71%|159,666,629.19|153,920,735.18|20.56%|7,774,660.29|5.05%|146,146,074.89
3. Portfolio3: Other business models|86,346,310.55|8.16%|5,432,393.68|6.29%|80,913,916.87|96,084,312.65|12.83%|4,447,180.12|4.63%|91,637,132.53
 Total|1,057,860,340.37|100.00%|225,567,992.20|21.32%|832,292,348.17|748,713,159.53|100.00%|192,259,335.33|25.68%|556,453,824.20
Separate bad debt provision:
Name| Closing balance|||
| Remaining book value| Bad debt provision| Provision rate| Reason
1. Customer 1|54,873,223.21|54,873,223.21|100.00%| Customer credit status deteriorates and is hard to recover
2. Customer 2|13,461,834.96|13,461,834.96|100.00%| Customer credit status deteriorates and is hard to recover
3. Customer 3|4,998,860.10|2,499,430.06|50.00%| Customer credit status deteriorates
4. Customer 4|7,096,421.00|3,548,210.50|50.00%| Customer credit status deteriorates
5. Customer 5|9,071,535.95|9,071,535.95|100.00%| Customer credit status deteriorates and is hard to recover
 Total|89,501,875.22|83,454,234.68||
Provision for bad debts by combination: Portfolio 1: Engineering business
Name| Closing balance||
| Remaining book value| Bad debt provision| Provision rate
 Less than 1 year|382,919,778.43|7,506,149.45|1.96%
1-2 years|123,887,342.34|7,012,023.57|5.66%
2-3 years|45,783,561.85|5,841,982.50|12.76%
3-4 years|49,929,170.68|9,866,004.13|19.76%
4-5 years|23,522,990.73|10,152,522.81|43.16%
 Over 5 years|88,409,075.41|88,409,075.41|100.00%
 Total|714,451,919.44|128,787,757.87|
Group recognition basis:
See 9. Financial Tools in Chapter X, V, Important Accounting Policies and Accounting Estimates for the recognition criteria and instructions for withdrawing bad debt reserves by portfolio
Bad debt provision by portfolio: portfolio 2: real estate business funds
Name| Closing balance||
| Remaining book value| Bad debt provision| Provision rate
 Less than 1 year|123,037,500.21|1,230,375.00|1.00%
1-2 years|71,145.32|3,557.27|5.00%
2-3 years|80,647.44|4,032.37|5.00%
3-4 years|||
4-5 years|22,273,070.00|3,340,960.50|15.00%
 Over 5 years|22,097,872.19|3,314,680.83|15.00%
 Total|167,560,235.16|7,893,605.97|
Provision for bad debts by combination: portfolio 3: Others business
Name| Closing balance||
| Remaining book value| Bad debt provision| Provision rate
 Less than 1 year|64,757,643.57|472,730.80|0.73%
1-2 years|10,834,500.58|227,524.52|2.10%
2-3 years|3,942,000.67|331,916.46|8.42%
3-4 years|2,451,415.25|607,460.69|24.78%
4-5 years|4,197,979.88|3,629,990.61|86.47%
 Over 5 years|162,770.60|162,770.60|100.00%
 Total|86,346,310.55|5,432,393.68|
If the provision for bad debts of accounts receivable is made in accordance with the general model of expected credit losses, please refer to the disclosure of other receivables to disclose information about bad debts:
□Applicable Inapplicable Account age
Age| Remaining book value
 Within 1 year (inclusive)|648,121,516.33
1-2 years|135,225,634.55
2-3 years|49,806,209.96
 Over 3 years|224,706,979.53
3-4 years|54,194,564.87
4-5 years|58,235,655.84
 Over 5 years|112,276,758.82
 Total|1,057,860,340.37
Customer| Balance of accounts receivable of over 3 years| Balance of provision for bad debts| Reason of the age| Whether there is a risk of recovery
 Customer 1|54,873,223.21|54,873,223.21| Customer credit status deteriorates| Yes
 Customer 2|25,647,044.22|25,647,044.22| Customer credit status deteriorates| Yes
 Customer 3|17,374,148.42|17,374,148.42| Customer credit status deteriorates| Yes
 Customer 4|13,461,834.96|13,461,834.96| Customer credit status deteriorates| Yes
Type| Opening balance| Change in the period|||| Closing balance
|| Provision| Written-back or recovered| Canceled| Others|
 Separate bad debt provision|78,221,018.60|9,621,554.99|4,388,338.91|||83,454,234.68
 Provision for bad debts by combination|114,038,316.73|29,530,880.52||1,455,439.73||142,113,757.52
 Total|192,259,335.33|39,152,435.51|4,388,338.91|1,455,439.73||225,567,992.20
Including significant recovery or reversal:
Entity| Written-back or recovered amount| Method
 Customer 1|4,388,338.91| After applying for bankruptcy liquidation, the customer shall have priority to receive compensation and be recovered by bank transfer
 Total|4,388,338.91|
After the Company verified that 100% of the bad debt reserves were withdrawn in the early stage, it was difficult for the
management to recover the original accounts receivable in full. Subsequently, the company made unremitting efforts to obtain the priority right of repayment of the project funds through litigation, application for bankruptcy liquidation of the customer, and
finally recovered the above funds through priority repayment after the bankruptcy liquidation of the customer 1.
(3) Written-off account receivable during the period
Item| Amount
 Account receivable written off|1,455,439.73
(4) Balance of top 5 accounts receivable at the end of the period
Entity| Closing balance of accounts receivable| Percentage (%)| Balance of bad debt provision at the end of the period
 No.1|94,349,640.05|8.92%|48,873,302.85
 No.2|61,265,539.43|5.79%|6,679,120.90
 No.3|54,873,223.21|5.19%|54,873,223.21
 No.4|37,413,214.07|3.53%|733,299.00
 No.5|31,500,000.00|2.98%|1,784,736.49
 Total|279,401,616.76|26.41%|
(5) Amount of assets and liabilities formed by transferring accounts receivable and continuing involvement
Item| Transfer method of assets| Amount of assets formed by continued involvement| Amount of liabilities formed by continued involvement
 Customer 1| Credit discount|1,637,287.44|1,637,287.44
 Total||1,637,287.44|1,637,287.44
Item| Transfer method of financial assets| De-recognized amount| Gain or loss related to the de- recognition
 Customer 1| Factoring|20,793,323.45|-766,342.66
 Customer 2| Factoring|1,500,000.00|-81,221.92
 Customer 3| Factoring|1,750,233.20|-65,862.60
 Customer 4| Factoring|6,704,345.94|-284,711.22
 Customer 5| Factoring|6,845,674.82|-240,379.89
 Customer 6| Factoring|17,601,403.70|-603,716.91
Customer 7| Factoring|2,319,372.24|-92,748.47
 Customer 8| Factoring|10,590,826.29|-420,435.43
 Customer 9| Factoring|18,382,512.81|-674,142.74
 Customer 10| Factoring|5,993,538.94|-237,020.51
 Customer 11| Factoring|1,663,330.96|-53,975.09
 Customer 12| Factoring|2,654,800.00|-102,947.24
 Customer 13| Factoring|5,000,000.00|-65,625.00
Customer 14| Factoring|1,842,845.54|-88,941.28
 Total||103,642,207.89|-3,778,070.96
6. Receivable financing
Item| Closing balance| Opening balance
 Notes receivable|1,338,202.01|4,263,500.00
 Total|1,338,202.01|4,263,500.00
Increase or decrease in the current period of receivables financing and changes in fair value□Applicable Inapplicable
If the provision for financing impairment of receivables is accrued in accordance with the general expected credit loss model, please refer to the disclosure of other receivables to disclose the relevant information of the impairment provision:
(1) Account ages of prepayments
Age| Closing balance|| Opening balance|
| Amount| Proportion| Amount| Proportion
 Less than 1 year|14,930,557.32|72.37%|18,013,831.62|78.24%
1-2 years|2,913,056.11|14.12%|805,756.05|3.50%
2-3 years|582,237.19|2.82%|2,467,980.33|10.72%
 Over 3 years|2,205,799.97|10.69%|1,734,917.03|7.54%
 Total|20,631,650.59||23,022,485.03|
Explanation of non-settlement of significant prepayments with an accounting age of more than 1 year: At the end of the period, there is no significant prepayment with an aging of more than one year.
(2) Balance of top 5 prepayments at the end of the period
The total of top5 prepayments in terms of the prepaid entities in the period is RMB7,174,864.45, accounting for 34.78% of the total prepayments at the end of the period.
8. Other receivables
Item| Closing balance| Opening balance
 Other receivables|155,379,024.22|165,093,406.23
 Total|155,379,024.22|165,093,406.23
(1) Other receivables
1) Other receivables are disclosed by nature
By nature| Closing balance of book value| Opening balance of book value
 Deposit|99,789,014.58|106,427,141.89
 Construction borrowing and advanced payment|33,008,395.75|31,857,018.14
 Staff borrowing and petty cash|1,439,503.90|1,828,554.92
 VAT refund receivable|1,946,422.08|4,903,075.25
 Debt by Luo Huichi|11,242,291.48|12,992,291.48
 Others|30,122,981.20|29,074,979.66
 Total|177,548,608.99|187,083,061.34
2) Method of bad debt provision
Bad debt provision| First stage| Second stage| Third stage| Total
| Expected credit losses in the next 12 months| Expected credit loss for the entire duration (no credit impairment)| Expected credit loss for the entire duration (credit impairment has occurred)|
 Balance on January 1,2022|2,216,451.18|573,868.37|19,199,335.56|21,989,655.11
 Balance on January 1,2022 in the current period||||
 Provision|-152,479.64|-456,184.11|2,538,593.41|1,929,929.66
 Transferred back in the current period|||1,750,000.00|1,750,000.00
 Balance on December 31,2022|2,063,971.54|117,684.26|19,987,928.97|22,169,584.77
Changes in book balances with significant changes in the current period□Applicable Inapplicable
Account age
Age| Remaining book value
 Within 1 year (inclusive)|23,108,291.98
1-2 years|6,830,367.09
2-3 years|22,325,214.95
 Over 3 years|125,284,734.97
3-4 years|18,001,035.18
4-5 years|70,858,183.77
 Over 5 years|36,425,516.02
 Total|177,548,608.99
3) Bad debt provision made, returned or recovered in the period
Type| Opening balance| Change in the period|||| Closing balance
|| Provision| Written-back or recovered| Canceled| Others|
 Separate bad debt provision|13,035,168.48|3,741,789.11|1,750,000.00|||15,026,957.59
 Provision for bad debts by combination|8,954,486.63|-1,811,859.45||||7,142,627.18
 Total|21,989,655.11|1,929,929.66|1,750,000.00|||22,169,584.77
Entity| Written-back or recovered amount| Method
 Luo Huichi|1,750,000.00| Recovery through bank transfer
 Total|1,750,000.00|——
4) Balance of top 5 other receivables at the end of the period
Entity| By nature| Closing balance| Age| Percentage (%)| Balance of bad debt provision at the end of the period
 Shenzhen Yikang Real Estate Co. Ltd.| Margin and current account|70,062,675.83|4-5 years|39.46%|1,043,933.87
 Bangshen Electronics(Shenzhen) Co., Ltd.| Deposit|20,000,000.00| Over 5 years|11.26%|298,000.00
 Shenzhen Rijiasheng Trading Co., Ltd| Arrears|18,708,945.57|2-3 years|10.54%|3,741,789.11
 Luo Huichi| Debt by Luo Huichi|11,242,291.48| Over 5 years|6.33%|11,242,291.48
 Shenzhen Henggang Dakang Co., Ltd.| Deposit|8,000,000.00|4-5 years|4.51%|119,200.00
 Total||128,013,912.88||72.10%|16,445,214.46
5) Items involving government subsidies:
Entity| Governmental subsidy| Closing balance| Closing age| Estimated time, amount and basis of receipt
 Shenzhen Tax Bureau of State Administration of Taxation| Receivable refund of VAT|1,946,422.08| Less than 1 year| Full recovered in less than 1 year
Whether the Company needs to comply with disclosure requirements of the real estate industry. Yes