About the initial public offering of Suzhou ousheng Electric Co., Ltd
Application documents for shares and listing on GEM
Of the first round of audit inquiry letter
Special description
Lixin Zhonglian zhuanfu Zi [2021] d-0406
Lixin Zhonglian CPA (special general partner ship)
Lixin Zhonglian Certified Public Accountants (special general partnership)
LixinZhonglian CPAs (SPECIAL GENERAL PARTNERSHIP)
About Suzhou ousheng Electric Co., Ltd
Special instructions for the first round of examination and inquiry letter of the application documents for initial public offering and listing on the gem
Lixin Zhonglian zhuanfu Zi [2021] d-0406
Shenzhen Stock Exchange:
We have received the audit inquiry letter on the application documents for initial public offering and listing on the gem of Suzhou ousheng Electric Co., Ltd. (hereinafter referred to as the “audit inquiry letter”) issued by your office on October 31, 2020 (audit letter [2020] No. 010691). Lixin Zhonglian Certified Public Accountants (special general partnership) (hereinafter referred to as “the issuer’s accountant” and “Lixin Zhonglian”) have implemented the issues listed in the audit inquiry letter one by one. The reply is as follows. Please review.
explain:
1、 Unless otherwise specified, the abbreviations and definitions of terms used in this reply report are consistent with those in the prospectus. 2、 The font in this reply report represents the following meanings:
Corresponding content font
Review the questions listed in the inquiry letter in bold (BOLD)
Responses to the questions listed in the inquiry letter (not bold)
Amendments and supplements to the prospectus (BOLD)
3、 This reply report is the verification procedures and verification opinions performed by the issuer and the issuer’s accountants on relevant issues.
4、 In this reply report, if the total is inconsistent with the mantissa of the sum of the sub item values, it is caused by rounding.
Question 2 About labor dispatch
According to the application materials, the issuer recruited production personnel by means of labor dispatch for some positions such as assembly operators. At the end of each reporting period, the number of regular employees of the issuer was 674, 675, 602 and 719 respectively, and the number of labor dispatch was 169, 127, 113 and 23 respectively, accounting for 20.05%, 15.84%, 15.80% and 3.10% of the total number of workers respectively.
Please the issuer:
(1) Disclose whether the dispatched workers are only engaged in temporary, auxiliary or alternative work, whether there is a difference between the labor dispatch cost and the formal labor cost, and whether there is a situation of using labor dispatch to reduce the labor cost;
(2) Supplementary disclosure of the basic information of the labor dispatch units cooperating during the reporting period, including but not limited to the name, registered capital, major shareholders and actual controllers, whether they have valid qualifications such as labor dispatch operation license, and whether they are in contact with the issuer and its controlling shareholders, actual controllers, major shareholders, directors, supervisors, senior managers Major customers and suppliers have related relationships, entrusted shareholding, other capital business transactions and other interest arrangements;
(3) In combination with the fact that the number of dispatched workers accounts for more than 10% of the total number of workers at the end of 2017-2019, supplementary disclosure is made on whether there is a risk of being punished by the labor administrative department and other competent authorities, and whether it may constitute a major illegal act, Whether the basis for determining that it does not constitute a substantive legal obstacle to the issuance and listing is sufficient and whether it is necessary to give sufficient risk warning only on the basis of “self rectification, commitment of the actual controller and no administrative punishment by the relevant labor competent authority or labor supervision authority”;
(4) Supplementary disclosure of whether there are other violations of the provisions of the labor contract law, the Interim Provisions on labor dispatch and other relevant laws and regulations, such as failure to pay social insurance for the dispatched workers, and whether there are labor contract disputes or potential disputes;
(5) Analyze and supplement the reasons for the sharp decline in the proportion of labor dispatch from January to March 2020, as well as the specific impact on costs, expenses and operating performance;
(6) Supplementary disclosure of the reasons and rationality for the large decrease in the number of regular employees at the end of 2019 compared with that at the end of 2018.
Ask the sponsor, the issuer’s lawyer and the reporting accountant to express their clear opinions.
reply:
1、 Combined with the actual jobs of the dispatched workers, disclose whether the dispatched workers are only engaged in temporary, auxiliary or alternative jobs, whether there is a difference between the labor dispatch labor cost and the formal labor cost, and whether there is a situation of using labor dispatch to reduce the labor cost
(I) disclose whether the dispatched worker is only engaged in temporary, auxiliary or alternative work in combination with the actual work position of the dispatched worker
The issuer supplemented and disclosed the following in “(III) labor dispatch” of “XIX. Employees and their social security” of “section V basic information of the issuer” in the prospectus:
“1. Labor dispatch
According to the labor contract law and the Interim Provisions on labor dispatch, the employing unit can only use the dispatched workers in temporary, auxiliary or alternative jobs. The temporary Posts mentioned in the preceding paragraph refer to posts that have a duration of no more than 6 months; Auxiliary jobs refer to non main business jobs that provide services to main business jobs; Alternative jobs refer to jobs that can be replaced by other workers within a certain period of time when the workers of the employing unit are unable to work due to off-duty study, vacation and other reasons.
The recommendation institution, the issuer’s lawyer and the issuer’s accountant confirmed the types of work and main contents of the company’s dispatched employees during the reporting period by checking the roster of dispatched personnel, checking the settlement documents between the dispatching company and the issuer during the reporting period, interviewing the dispatched personnel by sampling, and checking the jobs of the dispatched personnel on site, etc
S / N type of work number (person) by the end of 2020 main content
1. Simple processes such as assembly, labeling and stacking of products on operator 100 production line
2 Porter 3 packaging and handling of products
3. Test the appearance of the product and confirm whether there are defects, etc
None of the above positions involve core business links, with high employee mobility, and the relevant jobs meet the characteristics of temporary or auxiliary; At the same time, the work content of the dispatched workers is relatively simple, and they can take up their posts after simple training. The jobs of the dispatched workers meet the characteristics of substitution.
Therefore, the work of the company’s dispatched personnel complies with relevant regulations. By transferring the dispatched workers to labor contract employees, the company has no dispatched workers by the end of June 2021. “
(II) whether there is any difference between the labor dispatch cost and the formal labor cost, and whether there is any use of labor dispatch to reduce the labor cost
The issuer supplemented and disclosed the following in “(III) labor dispatch” of “XIX. Employees and their social security” of “section V basic information of the issuer” in the prospectus:
“1. Labor dispatch
……
During the reporting period, the remuneration of the company’s labor dispatch workers and regular front-line production employees is as follows:
Average hourly wage difference rate of regular employees in front-line production during the period
(yuan / hour) ① salary (yuan / hour) ② ③ = (① – ②) / ①
January June 2021 20.46 20.03 2.10%
2020 22.23 20.72 6.79%
2019 18.64 20.55 – 10.22%
2018 18.98 20.36 – 7.28%
Note: the hourly salary of regular employees in front-line production includes social security and housing provident fund.
From 2018 to 2019, the hourly salary of dispatched workers was lower than that of regular employees in front-line production, 2020
In, the hourly salary of dispatched workers was higher than that of regular employees in front-line production, mainly due to the high cost of FenHu where the company is located
Lili Town, subordinate to the new area, is the first start-up area of the Yangtze River Delta integration demonstration zone. There are many export enterprises in the region
In 2020, the performance of export-oriented enterprises increased and the demand for employees increased, resulting in a decrease in the hourly salary of dispatched personnel compared with the same period
Growth, but the overall difference rate is small. The company is located in Wujiang District, Suzhou City, Jiangsu Province, where the labor dispatch market is active,
The price of labor dispatch personnel is the market price, so there is no use of labor dispatch to reduce labor cost
Shape. “
2、 Supplementary disclosure of the basic information of the labor dispatch units cooperating during the reporting period, including but not limited to the name
Whether the registered capital, major shareholders and actual controllers have valid labor dispatch business license
Whether the issuer and its controlling shareholders, actual controllers, major shareholders, directors, supervisors
Senior managers, major customers and suppliers have associated relationships, entrusted shareholding and other capital businesses
Exchange and other interest arrangements
(I) basic information of cooperative labor dispatch units during the reporting period
The issuer’s employees and their social
The supplementary disclosure in “(III) labor dispatch” and “2. Situation of labor dispatch companies” of “guarantee situation” is as follows:
“Upon the issuer’s instructions, consult the issuer’s chronological account, the industrial and commercial archives and labor service records of the labor dispatch company
Dispatch business license, access to the official website of the national enterprise credit information publicity system, etc., and issue during the reporting period
The basic information of the labor dispatch unit of the cooperator is as follows:
Service labor dispatch actually controlled by registered capital during the reporting period no. Name of labor dispatch business license No. term of business license made by the main shareholder
Suzhou dingyixin 2 million yuan, Chen Shuang holding 32058420140, 2014.7.21-2 1 enterprise management services 90%, Zhang Hai holding Chen Shuang 7210088 / 320, 2017.1-2019.4 017.7.20/20 Co., Ltd. shares 10%, 58420170704 17.07.04-20
0067 20.07.03
Suzhou qienhui enterprise is 2 million yuan, Wang Guanghui holds 90% of 32050520190, May 5, 2019 – 2 Industry Management Co., Ltd., and Hua Xiaogang Wang Guanghui 5050049 holds 10% from August 2019 to February 2021, 2022.05.04
10 million 32058420170 2017.07.17 – 3 Suzhou Jiedi enterprise Yuan people Yu Huaxiang holding Yu Huaxiang 7170057 2019.7-2021.2 2020.07.16 Management Co., Ltd. yuan 100% / 3205842020 / 2020.07.0
