0001410578-18-000337.txt : 20181116 0001410578-18-000337.hdr.sgml : 20181116 20180720134213 ACCESSION NUMBER: 0001410578-18-000337 CONFORMED SUBMISSION TYPE: DRSLTR PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180720 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Niu Technologies CENTRAL INDEX KEY: 0001744781 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DRSLTR BUSINESS ADDRESS: STREET 1: 11/F, BUILDING A, NO. 10 WANGJING STREET STREET 2: CHAOYANG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100102 BUSINESS PHONE: 861064321899 MAIL ADDRESS: STREET 1: 11/F, BUILDING A, NO. 10 WANGJING STREET STREET 2: CHAOYANG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100102 DRSLTR 1 filename1.htm

 

 

 

 

SKADDEN, ARPS, SLATE, MEAGHER & FLOM

 

PARTNERS

世達國際律師事務所

AFFILIATE OFFICES

CHRISTOPHER W. BETTS

42/F, EDINBURGH TOWER, THE LANDMARK

WILL H. CAI ^

15 QUEEN’S ROAD CENTRAL, HONG KONG

BOSTON

GEOFFREY CHAN *

CHICAGO

ANDREW L. FOSTER *

TEL: (852) 3740-4700

HOUSTON

CHI T. STEVE KWOK *

FAX: (852) 3740-4727

LOS ANGELES

EDWARD H.P. LAM ¨*

www.skadden.com

NEW YORK

HAIPING LI *

 

PALO ALTO

RORY MCALPINE ¨

 

WASHINGTON, D.C.

CLIVE W. ROUGH ¨

 

WILMINGTON

JONATHAN B. STONE *

 

 

BEIJING

^ (ALSO ADMITTED IN CALIFORNIA)

 

BRUSSELS

¨ (ALSO ADMITTED IN ENGLAND & WALES)

FRANKFURT

* (ALSO ADMITTED IN NEW YORK)

 

LONDON

 

 

MOSCOW

REGISTERED FOREIGN LAWYERS

 

MUNICH

Z. JULIE GAO (CALIFORNIA)

 

PARIS

BRADLEY A. KLEIN (ILLINOIS)

 

SÃO PAULO

 

 

SEOUL

 

 

SHANGHAI

 

 

SINGAPORE

 

 

TOKYO

 

 

TORONTO

 

July 20, 2018

 

Confidential

Draft Registration Statement

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

 

Re:

 

Niu Technologies

 

 

Confidential Submission of the Draft Registration Statement on Form F-1

 

Dear Sir/Madam,

 

On behalf of our client, Niu Technologies, a foreign private issuer organized under the laws of the Cayman Islands (the “Company”), we are hereby submitting a draft registration statement on Form F-1 (the “Draft Registration Statement”) relating to a proposed initial public offering in the United States of the Company’s ordinary shares, par value US$0.0001 per share, to be represented by American depositary shares (“ADSs”) via EDGAR to the Securities and Exchange Commission (the “Commission”) for confidential review pursuant to the Jumpstart Our Business Startups Act, as amended (the “JOBS Act”).  The Company confirms that it is an “emerging growth company” as defined in the JOBS Act and its securities have not been previously sold pursuant to an effective registration statement under the Securities Act of 1933, as amended. A registration statement on Form F-6 relating to the ADSs will be filed with the Commission in due course.

 

Financial Statements

 

The Company has included in this submission its audited consolidated financial statements as of December 31, 2016 and 2017 and for the two years ended December 31, 2017. As an emerging growth company, the Company has omitted its financial statements for 2015, and has also omitted the selected financial information for the years before 2016.

 

*                                         *                                         *

 


 

If you have any questions regarding the Draft Registration Statement, please contact the undersigned by phone at +852 3740-4863 or via e-mail at julie.gao@skadden.com, or Allen Lu, partner at KPMG Huazhen LLP, by telephone at +86 10 8508-7805  or via email at allen.lu@kpmg.com. KPMG Huazhen LLP is the independent registered public accounting firm of the Company.

 

 

Very truly yours,

 

 

 

/s/ Z. Julie Gao

 

Z. Julie Gao

 

cc:

 

Yan Li, Chairman of the Board of Directors and Chief Executive Officer, Niu Technologies

 

 

Hardy Peng Zhang, Chief Financial Officer, Niu Technologies

 

 

Allen Lu, Partner, KPMG Huazhen LLP

 

 

David Zhang, Esq., Partner, Kirkland & Ellis International LLP

 

 

Steve Lin, Esq., Partner, Kirkland & Ellis International LLP

 

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