002080SZSE
🚨 Material Event

Response Report of Sinoma Science & Technology Co., Ltd. and Huatai United Securities Co., Ltd. to the Audit Inquiry Letter Regarding the Application Documents for Issuance of Shares to Specific Targets (Fourth Revised Draft)

Sinoma Science and Technology Co., Ltd.··129 pages

✨ AI Summary

This report provides the fourth revised response from Sinoma Science & Technology Co., Ltd. and its sponsor, Huatai United Securities, to the Shenzhen Stock Exchange's audit inquiry regarding its private placement application. The document addresses concerns related to potential horizontal competition, related-party transactions, financial performance, and the status of construction projects. It aims to clarify regulatory compliance and operational independence to facilitate the approval of the share issuance.

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Full Translation

AI Translation· gemini_document

To: Shenzhen Stock Exchange

In accordance with the requirements of the "Audit Inquiry Letter Regarding the Application of Sinoma Science & Technology Co., Ltd. for Issuance of Shares to Specific Targets" (Audit Letter [2025] No. 120057) (hereinafter referred to as the "Inquiry Letter") issued by your exchange on December 2, 2025, Sinoma Science & Technology Co., Ltd. (hereinafter referred to as the "Company," "Listed Company," "Issuer," or "Sinoma Science & Technology"), together with Huatai United Securities Co., Ltd. (hereinafter referred to as the "Sponsor"), Beijing Zhide Law Firm (hereinafter referred to as the "Lawyer"), and Zhonghui Anda Certified Public Accountants (Special General Partnership) (hereinafter referred to as the "Accountant"), have conducted an investigation into the issues listed in the Inquiry Letter and have modified, supplemented, and explained the application materials. We hereby provide a written response to the implementation of the Inquiry Letter and the revisions to the prospectus, and submit it to your exchange for review.

Notes:

  1. Unless otherwise specified, the abbreviations or definitions used in this response report are consistent with the "Sinoma Science & Technology Co., Ltd. 2025 Prospectus for Issuance of A-Shares to Specific Targets and Listing on the Main Board" (hereinafter referred to as the "Prospectus"). Content involving supplementary disclosures or modifications to the Prospectus has been listed in the Prospectus and this response report in bold italics.

  2. Minor discrepancies between the sum of individual items and the total in some tables in this response are due to rounding during the calculation process.

  3. The font usage in this response report is as follows:

ItemFont Style
Questions listed in the Inquiry LetterBold (not italicized)
Responses to questions in the Inquiry LetterSongti (Chinese), Times New Roman (Western)
Modifications to application documents such as the ProspectusItalics (bold)

Table of Contents

Question 1: 4 Question 2: 85 Other Questions: 122

Question 1

According to the application materials, among the Issuer's controlling shareholder, actual controller, and other enterprises they control, China Jushi and Sinoma Science & Technology have horizontal competition in businesses related to glass fiber and its products. During the reporting period, the Company had related-party transactions such as purchasing goods and receiving services, and selling goods and providing services from/to related parties. The current fundraising project belongs to the expansion and upgrading of existing special fiber cloth products. During the reporting period, the Company's net profit after deducting non-recurring gains and losses was 2,168.0516 million yuan, 1,966.0839 million yuan, 383.5503 million yuan, and 1,197.2638 million yuan, respectively; the comprehensive gross profit margin was 23.57%, 23.98%, 17.02%, and 19.68%, respectively, showing an overall fluctuating trend. At the end of each period of the reporting period, the book value of the Issuer's construction in progress was 4,090.0146 million yuan, 6,053.8590 million yuan, 10,659.0403 million yuan, and 8,086.0687 million yuan, respectively.

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