About issuing convertible corporate bonds to unspecified objects in Bear Electric Appliance Co.Ltd(002959) 2021
Reply to feedback on application documents
Sponsor (lead underwriter)
March, 2002
About Bear Electric Appliance Co.Ltd(002959)
Issue convertible corporate bonds to unspecified objects
Response to feedback
China Securities Regulatory Commission:
According to the requirements of the notice of the CSRC on the first feedback on the examination of administrative licensing projects (No. 22007) (hereinafter referred to as the “feedback”) issued by your commission on February 25, 2022, Bear Electric Appliance Co.Ltd(002959) (hereinafter referred to as the “issuer”, “the company”, “the company” or ” Bear Electric Appliance Co.Ltd(002959) “) together with Dongguan Securities Co., Ltd. (hereinafter referred to as the “sponsor”) Beijing Guofeng law firm (hereinafter referred to as the “issuer’s lawyer”) and ShineWing Certified Public Accountants (special general partnership) (hereinafter referred to as the “reporting accountant”) have implemented and verified the questions in the feedback one by one based on the principles of diligence and good faith, and prepared this reply. The implementation of the issues listed in the feedback of your association is hereby replied as follows:
Unless otherwise specified, the terms, names and abbreviations used herein have the same meaning as Bear Electric Appliance Co.Ltd(002959) the prospectus for issuing convertible corporate bonds to unspecified objects.
The font in this reply instruction represents the following meanings:
Questions listed in the feedback are in bold (BOLD)
Responses to the questions listed in the feedback (not bold)
Involving the modification and supplement of the prospectus and other application documents (in BOLD)
Question 1
Combined with the land use of raised investment projects, explain whether the listed companies, holding subsidiaries and joint-stock companies have real estate business and whether the raised funds are invested in real estate.
The recommendation institution and lawyers are invited to give verification opinions.
[reply]
1、 The land for the project invested by the issuer with raised funds does not involve real estate related businesses, nor does it involve the investment of raised funds into real estate
All the funds raised by the issuer (after deducting the issuance expenses) will be invested in the “new smart small household appliance manufacturing base (phase II) project of Guangdong Xiaoxiong boutique Electric Appliance Co., Ltd.” the land for the project is legally and effectively obtained by the issuer through transfer, and the land is industrial land, not commercial or residential land. The investment in real estate, construction and other capital projects has nothing to do with the investment in real estate and equipment, but not with the capital construction and other capital projects.
2、 The business scope and main business of the issuer and its holding subsidiaries, branches and joint-stock companies do not involve real estate related business, nor do they actually engage in real estate related business
As of the date of issuance of this feedback, the issuer has a total of 23 holding subsidiaries and joint-stock companies. The business scope and main business of the issuer and its holding subsidiaries and joint-stock companies do not involve real estate related business. The details are as follows:
Serial name establishment the proportion of shares held by the Issuer on the date of the main business name of the business scope
R & D, design, processing, manufacturing and sales: household appliances, electrical creative small hair products and their accessories, maternal, infant and children’s products, daily necessities; China business electronic research bank 1, March 16, 2006 / industry, material supply and marketing industry; Import and export business of goods or technologies (the import and export of goods and Technologies Prohibited by the state or the designer or involving administrative examination and approval, except for family planning and health); Information service business. (for projects subject to approval according to law, business activities can be carried out only after the production and marketing are approved by relevant departments)
R & D, design, processing, manufacturing and sales: household appliances and electricity
Children’s products and accessories, women’s and children’s products, daily necessities; On July 9, 2014, China business creative small 2 bear 100% industry and material supply and marketing industry; Operate and act as an agent for the import and export of household appliances of various commodities and technologies (except for commodities and technologies whose import and export are restricted or prohibited by the state); E-commerce services. (subject to approval according to law)
Business activities can only be carried out after the approval of relevant departments)
Small license items: wire and cable manufacturing; Electric heating food processing equipment creative small 3 bear was 100% produced on December 4, 2014; Production of plastic packaging containers and tool products for food; Production of pressure appliances and raw cookers. (projects subject to approval according to law shall be approved by relevant departments
Business activities can be carried out only after the housing is approved, and the specific business items are subject to the relevant departments
Door approval document or permit shall prevail) general items: gas
Manufacturing of liquid separation and purification equipment; Wire and cable business; machine
Mechanical and electrical equipment manufacturing; Hardware product manufacturing; Hardware product batch
Hair; Retail of household appliances; Sales of household appliances; Household appliance zero
Accessories sales; Daily wood products sales; Electrothermal food processing equipment
sale; Research and development of household appliances; Manufacturing of maternal and infant products; Maternal and infant products
sale; Manufacturing of daily sundries; Batch of kitchenware, sanitary ware and daily sundries
Hair; Manufacturing of enamel products; Furniture spare parts production; Furniture spare parts
Sales of spare parts; Glass insulation container manufacturing; Made of daily glass products
Make; Manufacturing of sanitary ceramic products; Sales of sanitary ceramic products; day
Made of ceramic products; Sanitary ware manufacturing; Electronic component system
Make; Plastic products manufacturing.
(except for projects subject to approval according to law)
(in addition, carry out business activities independently according to law with business license)
General items: manufacturing of household appliances; Sales of household appliances; household
Sales of electrical parts; Research and development of household appliances; Installation of household appliances
Services; Retail of household appliances; Sales of electronic products; Furniture system
Make; Furniture spare parts production; Daily wood products manufacturing; Daily glass
Glass products manufacturing; Daily ceramic products manufacturing; Metal daily necessities
Small manufacturing; Manufacturing of daily sundries; Sales of daily necessities; Kitchen and sanitary ware creative little 4 bear, August 28, 2017, 100% and daily sundries wholesale; Retail of kitchenware, sanitary ware and daily sundries; Sales of household appliances and health wood products in Japan; Sales of daily necessities; Sales of daily necessities; Daily sales of Kangyong glass products; Research and development of kitchenware, sanitary ware and daily sundries; individual
Sales of personal hygiene products; Sanitary ware sales; Sanitary supplies and one
Sales of disposable medical supplies; Production of class I medical devices;
Sales of class II medical devices; Wholesale of cosmetics; Cosmetics Zero
Sell. (except for the items that must be approved according to law, it shall be approved according to the business license
Law on independent business activities)
Small manufacturing: smart appliances, household appliances, electronic products and creative small 5 bears with 100% pieces on October 23, 2017; China’s commercial and material supply and marketing industry; Operate and act as an agent for all kinds of businesses in the import and export business of electronic intelligent products and technology. (for projects subject to approval according to law, business activities can be carried out only after the production capacity is approved by relevant departments)
Yue online sales: household appliances, electronic products and their accessories, women and infants
Children’s articles and daily necessities; Information technology services; China’s commercial, material and creative small 6 power supply and marketing industry was 100% funded on November 25, 2013; Operate and act as an agent for the import and export of all kinds of goods and technologies. (for projects subject to approval according to law, business activities can only be carried out after approval by relevant departments)
Online sales: household appliances, electronic products and their accessories, women and infants
Ruitong products, daily necessities; China’s commercial and material supply and marketing industry; Information creative small 7 Yi 201405.19 100% technical services; Import and export of goods or technologies (excluding those prohibited by the state or involving the administrative examination and approval of household appliance sales). (items that must be approved by the seller according to law can only be operated with the approval of relevant departments
Activities.)
Online sales: household appliances, electronic products and their accessories, women and infants
Aidong products, daily necessities; China’s commercial and material supply and marketing industry; Information creativity xiao8meng 201508.14 100% technical service; Import and export of goods or technologies (excluding those prohibited by the state or involving the administrative examination and approval of household appliance sales). (items that must be approved by the seller according to law can only be operated with the approval of relevant departments
Activities.)
9. 201508.14 100% general items: Internet sales (except for small businesses that need to be licensed for sales)
Think of something); Sales of household appliances; Household appliances installation services; Sales of household appliances, electrical appliances and spare parts; Sales of electronic products; Retail sales of household appliances; China trade agency; Sales of maternal and infant supplies; General merchandise sales
Sale; Sales of special equipment for commerce, catering and service; information technology
