Shanghai Stock Exchange document szkss (refinancing) [2022] No. 34
-- implementation letter of the opinions of the audit center on the issuance of convertible bonds by Borui Hongyuan Data Technology Co., Ltd. to unspecified objects
Borui Hongyuan Data Technology Co., Ltd. China Industrial Securities Co.Ltd(601377) :
In accordance with the relevant provisions of the securities law, the measures for the administration of securities issuance and registration of companies listed on the science and Innovation Board (for Trial Implementation), and the rules for the examination and approval of securities issuance and listing of companies listed on the science and Innovation Board of Shanghai Stock Exchange, this exchange has examined the application documents of Borui Hongyuan Data Technology Co., Ltd. (hereinafter referred to as the company or issuer) for issuing convertible bonds to unspecified objects, The following issues were discussed in the Audit Center meeting, which should be implemented:
1、 The issuer is requested to give important tips on the following matters in the prospectus: (1) the company's main business income decreases year by year, and a large loss is expected in 2021; (2) The company's customer structure has changed greatly, and its sales to major customers in some Internet industries have decreased; (3) The company's employee compensation and period expenses increased significantly in 2021, and its profitability is under great pressure.
2、 Please explain the relevant information of 2021 annual performance express.
The recommendation institution and the reporting accountant are requested to check and express clear opinions.
Please implement the above questions one by one and submit your reply in time. If the reply involves the amendment of the prospectus, please indicate it in bold italics. After receiving your reply, we will decide whether to submit it to the Listing Committee for deliberation according to the situation.
Please submit the prospectus (draft of the meeting) in time.
Shanghai Stock Exchange
February 25, 2002 subject words: letter of opinions on the implementation of refinancing of science and Innovation Board
Issued by Shanghai Stock Exchange science and Innovation Board listing Audit Center on February 25, 2022
