deuceswildfreevideogamesnodownload| Dafu Technology (300134.SZ) receives the annual report inquiry letter and needs to explain financial data and operating conditions

May 24, 2024deuceswildfreevideogamesnodownload, the Management Department of the GEM Company of the Shenzhen Stock Exchange issued an annual report inquiry letter to Dafu Technology (Anhui) Co., Ltd.(hereinafter referred to as "Dafu Technology"). The inquiry letter covers a number of financial data and operating conditions such as operating income, gross profit margin, accounts receivable, monetary funds, inventories, fixed assets, long-term equity investment, sales expenses and R & D investment in the company's 2023 annual report.

The inquiry letter asked Dafu Technology to provide detailed explanations on the categories and uses of radio frequency products, customer conditions in the auto parts and smart equipment business, provision for bad debts of accounts receivable, monetary funds and borrowings, provision for inventory depreciation, purchase and disposal of fixed assets, impairment testing of long-term equity investments, increase in employee remuneration and business entertainment expenses in sales expenses, and capitalization of R & D investment.

The Shenzhen Stock Exchange requires Dafu Technology to provide written explanations on the above issues before June 3, 2024, and disclose relevant explanatory materials to the public.

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