京东方Ｂ:2024年年度审计报告(英文版)

BOE Technology Group Co., Ltd.
ENGLISH TRANSLATION OF CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR 1 JANUARY 2024 TO 31 DECEMBER 2024
IF THERE IS ANY CONFLICT BETWEEN THE CHINESE VERSION AND ITS ENGLISH
TRANSLATION, THE CHINESE VERSION WILL PREVAIL

AUDITOR’S REPORT
毕马威华振审字第 2511030 号
To the shareholders of BOE Technology Group Co., Ltd.:
Opinion
We have audited the accompanying financial statements of BOE Technology Group Co., Ltd.
(“BOE”), which comprise the consolidated and company balance sheets as at 31 December
2024, the consolidated and company income statements, the consolidated and company
cash flow statements, the consolidated and company statements of changes in shareholders’
equity for the year then ended, and notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects,
the consolidated and company financial position of BOE as at 31 December 2024, and the
consolidated and company financial performance and cash flows of BOE for the year then
ended in accordance with the requirements of Accounting Standards for Business
Enterprises issued by the Ministry of Finance of the People’s Republic of China.
Basis for Opinion
We conducted our audit in accordance with China Standards on Auditing for Certified Public
Accountants (“CSAs”). Our responsibilities under those standards are further described in the
Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We
are independent of BOE in accordance with the China Code of Ethics for Certified Public
Accountants (“the Code”), and we have fulfilled our other ethical responsibilities in
accordance with the Code. We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for our opinion.

AUDITOR’S REPORT (continued)
毕马威华振审字第 2511030 号
Key Audit Matters
Key audit matters are those matters that, in our professional judgement, were of most
significance in our audit of the financial statements for the current period. These matters
were addressed in the context of our audit of the financial statements as a whole, and in
forming our opinion thereon, and we do not provide a separate opinion on these matters.
Revenue recognition
Refer to the accounting policies set out in the notes to the financial statements “III.
Significant accounting policies and accounting estimates” 24 and “V. Notes to the
consolidated financial statements” 45.
The key audit matter How the matter was addressed in our
audit
The revenue of BOE and its subsidiaries Our audit procedures to evaluate revenue
(“BOE Group”) is mainly derived from the recognition included the following:
sale of products relating to display device  Evaluate the design and operation
across the domestic and overseas markets. effectiveness of key internal controls
The sales contracts / orders signed between related to revenue recognition;
BOE Group and its customers (mainly  Check key sales contracts/orders on a
electronic equipment manufacturers) contain sampling basis to identify relevant trading
various trading terms. BOE Group judges terms, and evaluate whether the
the transfer timing of control according to accounting policies for revenue
recognition of BOE Group meet the
the trading terms, and recognises revenue requirements of the Enterprise
accordingly. Depending on the trading Accounting Standards;
terms, the revenue is usually recognised  On a sampling basis and according to
when the goods are delivered and received, different trading terms, reconcile the
or when they are received by the carrier. revenue recorded in the current year to
We identified the recognition of BOE relevant supporting files such as relevant
Group’s revenue as a key audit matter orders, shipping orders, sales invoices,
customs declarations, bills of lading,
because revenue, as one of BOE Group’s delivery receipts, etc. to evaluate whether
key performance indicators, involves various revenue is recognised in accordance with
trading terms, and there is an inherent risk the accounting policies of BOE Group;
that revenue may not be recognised in a  On a sampling basis and according to
correct period. different trading terms, cross check the
revenue recorded before and after the
balance sheet date against relevant