Correspondence 0001104659-23-030775 from Smart Share Global Ltd (EM) (CIK 0001834253) (EM)
Smart Share Global Ltd (EM) (CIK 0001834253)
Date: March 10, 2023 · CIK: 0001834253 · Accession: 0001104659-23-030775
AI Filing Summary & Sentiment
File numbers found in text: 001-40298
Referenced dates: March 6, 2023
Letter
VIA EDGAR Division of Corporation Finance Office of Trade & Services Securities and Exchange Commission Washington, D.C. 20549 Re: Smart Share Global Limited (the “Company”) Form 20-F for the Fiscal Year Ended December 31, 2021 Filed on April 27, 2022 (File No. 001-40298)
Dear Mr. King, Ms. Beukenkamp, Mr. Phippen and Mr. Watson,
This letter sets forth the Company’s responses to the comments contained in the letter dated March 6, 2023 from the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) regarding the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2021 filed with the Commission on April 27, 2022 (the “2021 Form 20-F”) and the Company’s response to the Staff’s comments regarding the 2021 Form 20-F submitted on February 13, 2023. The Staff’s comments are repeated below in bold and are followed by the Company’s responses thereto. All capitalized terms used but not defined in this letter shall have the meaning ascribed to such terms in the 2021 Form 20-F.
Form 20-F for the Fiscal Year Ended December 31, 2021
Introduction, page 1
1. We note your response to comment 1 and reissue in part. In future filings, please revise your definition of "China" and "PRC" to state that the legal and operation risks associated with operating in China also apply to operations in Hong Kong, as PRC regulations that may not be currently applicable to Hong Kong companies may become applicable given the PRC's oversight of that region.
In response to the Staff’s comment, the Company proposes to include the following underlined disclosure in the referenced section (page reference is made to the 2021 Form 20-F to illustrate the approximate location of the disclosure) as shown below in its future Form 20-F filings, subject to updates and adjustments to be made in connection with any material development of the subject matter being disclosed:
Division of Corporation Finance
Office of Trade & Services
Securities and Exchange Commission
March 10, 2023
Page
· “China” or the “PRC” refers to the People’s Republic of China, excluding, for the purposes of this annual report only, Hong Kong, Macau and Taiwan; we currently do not conduct any business in Hong Kong, however, in the event that we decide to operate in Hong Kong and if mainland China regulations are applied in Hong Kong in the future, the legal and operational risks associated with having operations in mainland China would also apply to our operations in Hong Kong;”
* * *
If you have any additional questions or comments regarding the 2021 Form 20-F, please contact the undersigned at +86 (21) 6050-3535 or maria@enmonster.com, or the Company’s U.S. counsel, Haiping Li of Skadden, Arps, Slate, Meagher & Flom LLP at +86 (21) 6193-8210 or haiping.li@skadden.com.
Very truly yours,
/s/ Maria Yi Xin
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Smart Share Global Limited
6th Floor, 799 Tianshan W Road
Changning District, Shanghai 200335
People’s Republic of China
March 10, 2023
VIA EDGAR
Mr. Dietrich King
Ms. Kate Beukenkamp
Mr. Adam Phippen
Mr. Tony Watson
Division of Corporation Finance
Office of Trade & Services
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Re: Smart Share Global Limited (the “Company”)
Form 20-F for the Fiscal Year Ended
December 31, 2021
Filed on April 27, 2022 (File No. 001-40298)
Dear
Mr. King, Ms. Beukenkamp, Mr. Phippen and Mr. Watson,
This letter sets forth the Company’s responses
to the comments contained in the letter dated March 6, 2023 from the staff (the “Staff”) of the Securities and Exchange
Commission (the “Commission”) regarding the Company’s annual report on Form 20-F for the fiscal year ended December
31, 2021 filed with the Commission on April 27, 2022 (the “2021 Form 20-F”) and the Company’s response to the
Staff’s comments regarding the 2021 Form 20-F submitted on February 13, 2023. The Staff’s comments are repeated below in bold
and are followed by the Company’s responses thereto. All capitalized terms used but not defined in this letter shall have the meaning
ascribed to such terms in the 2021 Form 20-F.
Form
20-F for the Fiscal Year Ended December 31, 2021
Introduction, page 1
1. We note your response to comment 1 and reissue in part. In future filings, please revise your definition of "China" and
"PRC" to state that the legal and operation risks associated with operating in China also apply to operations in Hong Kong,
as PRC regulations that may not be currently applicable to Hong Kong companies may become applicable given the PRC's oversight of that
region.
In response to the Staff’s comment, the Company
proposes to include the following underlined disclosure in the referenced section (page reference is made to the 2021 Form 20-F to illustrate
the approximate location of the disclosure) as shown below in its future Form 20-F filings, subject to updates and adjustments to be made
in connection with any material development of the subject matter being disclosed:
Division of Corporation Finance
Office of Trade & Services
Securities and Exchange Commission
March 10, 2023
Page
2
· “China”
or the “PRC” refers to the People’s Republic of China, excluding, for the purposes of this annual report only, Hong
Kong, Macau and Taiwan; we currently do not conduct any business in Hong Kong, however, in the event that we decide to operate
in Hong Kong and if mainland China regulations are applied in Hong Kong in the future, the legal and operational risks associated with
having operations in mainland China would also apply to our operations in Hong Kong;”
* * *
If you have any additional questions or comments
regarding the 2021 Form 20-F, please contact the undersigned at +86 (21) 6050-3535 or maria@enmonster.com, or the Company’s U.S.
counsel, Haiping Li of Skadden, Arps, Slate, Meagher & Flom LLP at +86 (21) 6193-8210 or haiping.li@skadden.com.
Very truly yours,
/s/ Maria Yi Xin
Maria Yi Xin
Chief Financial Officer
cc: Haiping Li, Esq., Partner, Skadden, Arps, Slate, Meagher &
Flom LLP
Kevin Song, Partner, PricewaterhouseCoopers Zhong
Tian LLP