SEC Comment Letter 0000000000-23-012554 to Tungray Technologies Inc (TRSG) (CIK 0001943444) (TRSG)
Tungray Technologies Inc (TRSG) (CIK 0001943444)
Date: Nov. 16, 2023 · CIK: 0001943444 · Accession: 0000000000-23-012554
AI Filing Summary & Sentiment
File numbers found in text: 333-270434
Letter
United States securities and exchange commission logo November 16, 2023 Wanjun Yao Chief Executive Officer Tungray Technologies Inc. #02-01, 31 Mandai Estate, Innovation Place Tower 4, Singapore 729933 Re:Tungray Technologies Inc. Amendment No. 6 to Registration Statement on Form F-1 Filed November 8, 2023 File No. 333-270434 Dear Wanjun Yao: We have reviewed your amended registration statement and have the following comment. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our October 30, 2023 letter. Amendment No. 6 to Registration Statement on Form F-1 Financial Statements Note 2. Summary of significant accounting policies Prepayments, page F-10 1.We note your response to comment 3 and revised disclosures. We also note your policy for prepayments discusses the aging of such balances and recording a provision for credit losses. Please tell us, and clarify your disclosure, how a policy regarding aging, allowances and credit losses is applicable to prepaid expenses, in particular to prepaid inventory costs and service fees. Also refer to the accounting guidance on which you relied for your policy.
FirstName LastNameWanjun Yao Comapany NameTungray Technologies Inc. November 16, 2023 Page 2 FirstName LastName Wanjun Yao Tungray Technologies Inc. November 16, 2023 Page 2 Please contact Joseph Cascarano at 202-551-3376 or Robert Littlepage at 202-551-3361 if you have questions regarding comments on the financial statements and related matters. Please contact Kyle Wiley at 202-344-5791 or Matthew Derby at 202-551-3334 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Anna Jinhua Wang
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United States securities and exchange commission logo
November 16, 2023
Wanjun Yao
Chief Executive Officer
Tungray Technologies Inc.
#02-01, 31 Mandai Estate,
Innovation Place Tower 4,
Singapore 729933
Re:Tungray Technologies Inc.
Amendment No. 6 to Registration Statement on Form F-1
Filed November 8, 2023
File No. 333-270434
Dear Wanjun Yao:
We have reviewed your amended registration statement and have the following comment.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments. Unless we note otherwise,
any references to prior comments are to comments in our October 30, 2023 letter.
Amendment No. 6 to Registration Statement on Form F-1
Financial Statements
Note 2. Summary of significant accounting policies
Prepayments, page F-10
1.We note your response to comment 3 and revised disclosures. We also note your policy
for prepayments discusses the aging of such balances and recording a provision for credit
losses. Please tell us, and clarify your disclosure, how a policy regarding aging,
allowances and credit losses is applicable to prepaid expenses, in particular to prepaid
inventory costs and service fees. Also refer to the accounting guidance on which you
relied for your policy.
FirstName LastNameWanjun Yao
Comapany NameTungray Technologies Inc.
November 16, 2023 Page 2
FirstName LastName
Wanjun Yao
Tungray Technologies Inc.
November 16, 2023
Page 2
Please contact Joseph Cascarano at 202-551-3376 or Robert Littlepage at 202-551-3361
if you have questions regarding comments on the financial statements and related matters. Please
contact Kyle Wiley at 202-344-5791 or Matthew Derby at 202-551-3334 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Anna Jinhua Wang