Zhejiang Lianxiang smart home Co., Ltd. (address: No. 5, Yixing Road, industrial new area, Wuyuan street, Haiyan County, Jiaxing City, Zhejiang Province) summary of IPO intention sponsor (lead underwriter)
(address: Building 4, No. 66 Anli Road, Chaoyang District, Beijing)
Issuer statement
The purpose of this prospectus is not to provide a brief summary of the intention of this prospectus to the public. The full text of the prospectus is also published on the website of Shanghai Stock Exchange. Before making the subscription decision, investors should carefully read the full text of the prospectus and take it as the basis for investment decision.
If investors have any questions about the summary of this prospectus, they should consult their own stockbrokers, lawyers, accountants or other professional consultants.
The issuer and all directors, supervisors and senior managers promise that there are no false records, misleading statements or major omissions in the prospectus and its abstract, and bear individual and joint legal liabilities for its authenticity, accuracy and completeness.
The person in charge of the company, the person in charge of accounting and the person in charge of the accounting agency shall ensure that the financial and accounting materials in the prospectus and its abstract are true and complete.
Any decision or opinion made by the CSRC and other government departments on this issuance does not indicate that it makes a substantive judgment or guarantee on the value of the issuer's shares or the income of investors. Any statement to the contrary is a false statement.
interpretation
In the summary of this prospectus, unless the context otherwise requires, the following words have the following specific meanings: 1. Interpretation of common terms: the company, the company and the issuer refer to Zhejiang Lianxiang smart home Co., Ltd., formerly known as Zhejiang Lianxiang home decoration shareholder and Lianxiang Co., Ltd
Lianxiang Co., Ltd. refers to Zhejiang Lianxiang Embroidery Co., Ltd., the predecessor of the issuer, formerly known as Haiyan Lianxiang embroidery crafts Co., Ltd
Lingxiu home refers to Zhejiang Lingxiu home decoration Co., Ltd., a wholly-owned subsidiary of the issuer, formerly known as Jiaxing Tianyou Embroidery Co., Ltd
Lingxiu media refers to Zhejiang Lingxiu culture media Co., Ltd., a wholly-owned subsidiary of the issuer
Ningbo Lianxiang refers to Ningbo Lianxiang enterprise management consulting partnership (limited partnership), the issuer's shareholder, formerly known as Ningbo Lianxiang investment partnership (limited partnership)
Lianmei home refers to Zhejiang Lianmei smart home Co., Ltd., a holding subsidiary of the issuer
Haitong Qidong refers to Haitong Qidong (Weihai) equity investment fund partnership (limited partnership) and the shareholder of the issuer
Shanghai Senlong refers to Shanghai Senlong Investment Management Center (limited partnership), the shareholder of the issuer
Hangzhou Lingyou refers to Hangzhou Lingyou investment management partnership (limited partnership) and the shareholder of the issuer
Zhongzi Huafang refers to the equity investment of Zhongzi Huafang in Haiyan partnership (limited partnership) and the shareholder of the issuer
Hangzhou Shuangsheng refers to Hangzhou Shuangsheng Enterprise Management Consulting Co., Ltd., which was a shareholder of the issuer during the reporting period
Gujia investment refers to Ningbo Meishan free trade port gujia Investment Management Co., Ltd., which was a shareholder of the issuer during the reporting period
Dehua Dehua Tb New Decoration Material Co.Ltd(002043) refers to Dehua Dehua Tb New Decoration Material Co.Ltd(002043) Investment Management Co., Ltd., the shareholder of the issuer and the wholly-owned subsidiary and investment platform of Dehua rabbit baby decoration new material Co., Ltd., a listed company
Yulan Co., Ltd. refers to Guangdong Yulan Group Co., Ltd
Shanghai Tianyang Hotmelt Adhesives Co.Ltd(603330) refers to Shanghai Tianyang Hotmelt Adhesives Co.Ltd(603330)
Controlling shareholder and actual controller refer to Buxiao Chinese Securities Regulatory Commission, and CSRC refers to China Securities Regulatory Commission
Company Law refers to the company law of the people's Republic of China
Securities Law refers to the securities law of the people's Republic of China
The general meeting of shareholders refers to the general meeting of shareholders of Zhejiang Lianxiang smart home Co., Ltd
The board of directors refers to the board of directors of Zhejiang Lianxiang smart home Co., Ltd
The board of supervisors refers to the board of supervisors of Zhejiang Lianxiang smart home Co., Ltd
The articles of association and the articles of association refer to the articles of association of Zhejiang Lianxiang smart home Co., Ltd
The articles of Association (Draft) refers to the articles of Association (Draft) of Zhejiang Lianxiang smart home Co., Ltd., which is approved by the company's first extraordinary general meeting in 2020 and takes effect after the listing
Sponsor, sponsor, refers to China Securities Co.Ltd(601066) lead underwriter
Lawyer of the issuer refers to Beijing Jiayuan law firm
Audit institutions, reporting accountants and Tianjian certified public accountants refer to Tianjian Certified Public Accountants (special general partnership)
Appraisal institution refers to Zhongshui Zhiyuan Assets Appraisal Co., Ltd
This offering refers to the initial public offering and listing of RMB ordinary shares in accordance with the resolution of the company's first extraordinary general meeting in 2020
This letter of intent refers to the letter of intent for initial public offering and listing of Zhejiang Lianxiang smart home Co., Ltd
A share refers to domestic listed RMB ordinary shares
Yuan, ten thousand yuan and one hundred million yuan refer to RMB, ten thousand yuan and one hundred million yuan
The reporting period refers to 2019, 2020 and 2021
With cotton, hemp, silk and man-made fiber textiles as the main raw materials, it is processed to form paving wall cloth and seamless wall cloth finger wall decoration materials. Its width is large, and there is no need for multiple splices to pave the wall, and there is no joint after it is put on the wall.
Polyvinyl chloride (PVC) is one of the most widely used materials in the world. It is widely used in building materials, industrial products, daily necessities and many other aspects.
A thermoplastic adhesive, which is solid at room temperature, has no adhesiveness and stable properties. Hot melt adhesive film refers to its preserved form, which is similar to the material of film. It is widely used in the bonding of all kinds of fabrics, paper, polymer materials and metals.
Jacquard wall cloth refers to the wall cloth product made by the weaving process of concave convex pattern composed of warp and weft.
Printed wall cloth refers to wall cloth products that use water-based printing, direct spray, heat transfer printing, direct spray high-temperature color development and other processes to print design patterns on the bottom cloth with dyes or coatings to form exquisite patterns.
Sample book refers to the sample book of wall cloth. In order to facilitate consumers to intuitively feel the color and texture of products, wall cloth manufacturers use the sample book composed of wall cloth samples.
There may be differences in the mantissa between the sum of some totals in the summary of this prospectus and the direct addition of each addend. These differences are caused by rounding rather than data errors.
Section I tips on major issues
The company specially reminds investors that when evaluating the shares issued by the company this time, they should carefully consider the following major matters and risks. 1、 Lock up commitment of shares held by shareholders before the issuance (I) share lock up commitment of controlling shareholder and actual controller Bu Xiaohua
1. Within 36 months from the date of listing of the company's shares, the company will not transfer or entrust others to manage the shares issued by the company directly or indirectly held by the company and the company exercising all equity rights on behalf of Bu Jiaxiang and bu Jiacheng as guardians, nor will the company buy back these shares. 2. If the company's shares held by me are reduced within two years after the expiration of the lock-in period, the reduction price shall not be lower than the issue price; If the closing price of the company's shares is lower than the issue price for 20 consecutive trading days within six months after the listing of the company, or the closing price is lower than the issue price at the end of six months after the listing (if that day is not a trading day, it is the first trading day after that day), the lock-in period of my direct or indirect holding of the company's shares before the listing of this offering will be automatically extended for six months; During the extended lock up period, I will not transfer or entrust others to manage the issued shares of the company directly or indirectly held by me before this issuance, nor will the company repurchase this part of the shares. I will not give up my commitment to fulfill the above reduction price and extension of lock-in period due to job change, resignation and other reasons.
3. After the expiration of the above lock-in period, during the period of serving as a director, supervisor or senior manager of the company, the company's shares transferred by me every year shall not exceed 25% of the total number of company shares held directly or indirectly by me; Do not transfer the company's shares directly or indirectly held by me within half a year after resignation. If I resign before the expiration of my term of office, I will continue to abide by the above commitments within the term of office determined when I take office and within six months after the expiration of my term of office. 4. The above issue price refers to the issue price of this issuance and listing. If the company carries out ex rights and ex interests due to the distribution of cash dividends, share distribution, conversion of share capital, issuance of new shares and other reasons after this issuance and listing, the issue price shall be treated as ex rights and ex interests in accordance with the relevant provisions of the stock exchange.
5. If a listed company has a major violation of laws and regulations and touches the delisting standard, I will not reduce the shares of the company from the date of the prior notice of the relevant administrative punishment decision or the judicial decision to the date of the company's stock delisting and delisting.
I will reduce my shareholding in strict accordance with the above share locking commitment and the provisions of relevant laws, regulations and normative documents. If the CSRC or other regulatory authorities have other requirements on the lock-in period of the company's shares held by me, I agree to automatically apply the regulatory provisions or requirements adjusted by the regulatory authorities. If I violate the provisions of this commitment letter or relevant laws, regulations and normative documents to reduce the shares of the company, the proceeds from the illegal reduction shall belong to the company and compensate for the losses caused to the company. (II) Ningbo Lianxiang shares locking commitment
1. Within 36 months from the date of listing of the company's shares, the company will not transfer or entrust others to manage the shares directly or indirectly held by the enterprise that have been issued before this issuance and listing, nor will the company repurchase this part of the shares.
2. If the company's shares held by the enterprise are reduced within two years after the expiration of the lock-in period, the reduction price shall not be lower than the issue price; If the closing price of the company's shares is lower than the issue price for 20 consecutive trading days within six months after the listing of the company, or the closing price is lower than the issue price at the end of six months after the listing (if that day is not a trading day, it is the first trading day after that day), the lock-in period of the company's shares directly or indirectly held by the enterprise before the listing of this offering will be automatically extended for six months; During the extended lock-in period, the company will not transfer or entrust others to manage the shares directly or indirectly held by the company that have been issued before this issuance, nor will the company repurchase this part of the shares.
3. The above issue price refers to the issue price of this issuance and listing. If the company carries out ex rights and ex interests due to the distribution of cash dividends, share distribution, conversion of share capital, issuance of new shares and other reasons after this issuance and listing, the issue price shall be treated as ex rights and ex interests in accordance with the relevant provisions of the stock exchange.
4. If a listed company has major violations of laws and regulations and touches the delisting standard, the enterprise will not reduce its shares from the date of the prior notice of the relevant administrative punishment decision or the date of judicial judgment to the date of the company's stock delisting and delisting.
The enterprise will reduce its holdings in strict accordance with the above share locking commitments and the provisions of relevant laws, regulations and normative documents. If the CSRC or other regulatory authorities have other requirements on the lock-in period of the company's shares held by the enterprise, the enterprise agrees to automatically apply the regulatory provisions or requirements adjusted by the regulatory authorities. If the company reduces its shares in violation of the provisions of this commitment letter or relevant laws, regulations and normative documents, the proceeds from the illegal reduction shall belong to the company and compensate for the losses caused to the company. (III) share locking commitment of Bu Jiaxiang and bu Jiacheng
1. Within 36 months from the date of listing of the company's shares, if I have full civil capacity, I will not transfer or entrust others to manage the shares directly or indirectly held by me that have been issued by the company before this issuance and listing, nor will the company repurchase this part of the shares.
2. If the company's shares held by me are reduced within two years after the expiration of the lock-in period, the reduction price shall not be lower than the issue price; If the closing price of the company's shares is lower than the issue price for 20 consecutive trading days within six months after the listing of the company, or the closing price is lower than the issue price at the end of six months after the listing (if that day is not a trading day, it is the first trading day after that day), the lock-in period of my direct or indirect holding of the company's shares before the listing of this offering will be automatically extended for six months; During the extended lock up period, I will not transfer or entrust others to manage the issued shares of the company directly or indirectly held by me before this issuance, nor will the company repurchase this part of the shares.
3. The above issue price refers to the issue price of this issuance and listing. If the company carries out ex rights and ex interests due to the distribution of cash dividends, share distribution, conversion of share capital, issuance of new shares and other reasons after this issuance and listing, the issue price shall be treated as ex rights and ex interests in accordance with the relevant provisions of the stock exchange.
4. If a listed company has a major violation of laws and regulations and touches the delisting standard, I will not reduce the shares of the company from the date of the prior notice of the relevant administrative punishment decision or the judicial decision to the date of the company's stock delisting and delisting.