ShaanGu(601369)2024-04-17 09:22Financial Performance - Sigma's 2023 annual audit revenue reached 476.63 million CNY, with audit services contributing 398.34 million CNY and securities services contributing 128.09 million CNY[5]. - The audit revenue from Sigma's securities business was 12.81 million CNY, reflecting its involvement in the capital markets[5]. Client Engagement - Sigma provided audit services for 35 listed companies in 2023, generating audit revenue of 58.52 million CNY from these clients[5]. Quality Assurance - No significant quality defects were found during the 2023 annual audit process, indicating effective quality management measures were in place[10]. - The audit team implemented a four-tier review mechanism for quality control, ensuring thorough oversight of the audit report[14]. Compliance and Standards - The audit team for Sigma consisted of experienced professionals with qualifications such as Chinese Certified Public Accountant, ensuring compliance with auditing standards[8]. - Sigma's audit process met the disclosure norms and timelines required for listed companies, with timely submission of all audit work[7]. Risk Management - Sigma's professional liability insurance coverage at the end of 2023 amounted to 120 million CNY, ensuring adequate protection against civil liability due to audit failures[10]. Communication and Process Improvement - Sigma established a communication mechanism with the company to address audit findings promptly, enhancing the audit process[11]. - Sigma's audit work included key areas such as cash management, long-term equity investments, and R&D expenses, ensuring comprehensive coverage of financial reporting[3].