Correspondence 0001213900-24-074751 from Fangdd Network Group Ltd. (DUO)
Fangdd Network Group Ltd.
Date: Sept. 3, 2024 · CIK: 0001750593 · Accession: 0001213900-24-074751
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 001-39109
Referenced dates: August 19, 2024
Letter
VIA EDGAR Division of Corporation Finance Office of Real Estate & Construction Re: Fangdd Network Group Ltd. (the “Company”) Form 20-F for the year ended December 31, 2023 Filed on April 19, 2024 File No. 001-39109
Dear Mr. Hamady, Ms. Menjivar, Ms. Paulemon and Ms. Lippmann:
This letter sets forth the Company’s response to the comment of the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) contained in the letter dated August 19, 2024 (the “Comment Letter”) on Form 20-F filed with the Commission on April 19, 2024 (the “Form 20-F”). The Staff’s comment is repeated below in bold and is followed by the Company’s response.
Form 20-F for the year ended December 31,
Report of Independent Registered Public Accounting Firm, page F-2
1. Please amend your filing to have your auditor (Audit Alliance LLP) remove the language in the fourth paragraph which states “and in accordance with auditing standards generally accepted in the United States of America.” Please refer to PCAOB Auditing Standard 3101.
In response to the Staff’s comment, the Company respectfully submits that its auditor, Audit Alliance LLP, agrees to remove the language of “and in accordance with auditing standards generally accepted in the United States of America” from the fourth paragraph on page F-2 of the Report of Independent Registered Public Accounting Firm issued by Audit Alliance LLP. The Company plans to file an amendment to the Form 20-F to reflect the change once it clears the Staff’s comment.
* * *
If you have any questions regarding this submission, please contact the Company’s U.S. counsel Will H. Cai of Cooley LLP by phone at +852-3758-1210 or via e-mail at wcai@cooley.com, or Jie Zhang of Cooley LLP at +852-3758-1231 or via email at jzhang@cooley.com.
Very truly yours,
/s/ Xi Zeng
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Fangdd Network Group Ltd.
Room 1501, Shangmei Technology Building
No. 15 Dachong Road
Nanshan District, Shenzen, 518072
People’s Republic of China
September 3, 2024
VIA EDGAR
U.S. Securities and Exchange Commission
Division of Corporation Finance
Office of Real Estate & Construction
100 F Street, N.E.
Washington, D.C. 20549
Attn: Mr. Ameen Hamady
Ms. Shannon Menjivar
Ms. Pearlyne Paulemon
Ms. Brigitte Lippmann
Re: Fangdd Network Group Ltd. (the “Company”)
Form 20-F for the year ended December
31, 2023
Filed on April 19, 2024
File No. 001-39109
Dear Mr. Hamady, Ms. Menjivar, Ms. Paulemon and Ms. Lippmann:
This letter sets forth the
Company’s response to the comment of the staff (the “Staff”) of the Securities and Exchange Commission
(the “Commission”) contained in the letter dated August 19, 2024 (the “Comment Letter”)
on Form 20-F filed with the Commission on April 19, 2024 (the “Form 20-F”). The Staff’s comment is repeated
below in bold and is followed by the Company’s response.
Form 20-F for the year ended December 31,
2024
Report of Independent Registered Public
Accounting Firm, page F-2
1. Please amend your filing to have your auditor (Audit Alliance LLP) remove the language in the fourth
paragraph which states “and in accordance with auditing standards generally accepted in the United States of America.” Please
refer to PCAOB Auditing Standard 3101.
In response to the
Staff’s comment, the Company respectfully submits that its auditor, Audit Alliance LLP, agrees to remove the language of “and
in accordance with auditing standards generally accepted in the United States of America” from the fourth paragraph on page F-2
of the Report of Independent Registered Public Accounting Firm issued by Audit Alliance LLP. The Company plans to file an amendment to
the Form 20-F to reflect the change once it clears the Staff’s comment.
* * *
If you have any questions
regarding this submission, please contact the Company’s U.S. counsel Will H. Cai of Cooley LLP by phone at +852-3758-1210 or via
e-mail at wcai@cooley.com, or Jie Zhang of Cooley LLP at +852-3758-1231 or via email at jzhang@cooley.com.
Very truly yours,
/s/ Xi Zeng
Xi Zeng
Chief Executive Officer
cc: Linda Li, Director of Capital Markets Department, Fangdd
Network Group Ltd.
Shuiying Chen, Financial Controller,
Fangdd Network Group Ltd.
Will H. Cai, Esq. Cooley LLP
Jie Zhang, Esq. Cooley LLP
Michael Fok, Partner, Audit Alliance
LLP