中信建投证券股份有限公司 关于 宁波太平鸟时尚服饰股份有限公司 向特定对象发行股票 之 上市保荐书 保荐人 二〇二三年八月 保荐人出具的上市保荐书 保荐人及保荐代表人声明 中信建投证券股份有限公司及本项目保荐代表人赵彬彬、闫明庆已根据《中 华人民共和国公司法》《中华人民共和国证券法》等法律、法规和中国证监会及 上海证券交易所的有关规定，诚实守信，勤勉尽责，严格按照依法制定的业务规 则和行业自律规范出具上市保荐书，并保证所出具文件真实、准确、完整。 1 | 释 义 4 | | --- | | 一、发行人基本情况 5 | | （一）发行人概况 5 | | （二）发行人主营业务 5 | | （三）发行人主要经营和财务数据及指标 6 | | （四）发行人存在的主要风险 8 | | 二、发行人本次发行情况 11 | | （一）本次发行股票的种类和面值 11 | | （二）发行方式及发行时间 12 | | （三）发行对象及认购方式 12 | | （四）定价基准日、发行价格及定价原则 12 | | （五）发行数量 13 | | （六）限售期 13 | | （七）募集资金规模及用途 13 | | （八）上市地点 13 | | ...

| 证券代码：603877 | 证券简称：太平鸟 | 公告编号：2023-095 | | --- | --- | --- | | 债券代码：113627 | 债券简称：太平转债 | | 宁波太平鸟时尚服饰股份有限公司 关于向特定对象发行股票审核问询函回复（修订稿） 及募集说明书等申请文件更新的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 宁波太平鸟时尚服饰股份有限公司（以下简称"公司"）于2023年8月4日在 上海证券交易所（以下简称"上交所"）网站（http://www.sse.com.cn）披露了 《关于宁波太平鸟时尚服饰股份有限公司向特定对象发行股票申请文件的审核 问询函的回复》及《宁波太平鸟时尚服饰股份有限公司2023年度向特定对象发行 股票募集说明书（修订稿）》等相关文件。 因公司于2023年8月22日披露了《2023年半年度报告》，公司会同相关中介机 构对审核问询函回复报告、募集说明书等相关文件中涉及的财务数据进行了更新， 并根据上交所进一步审核意见对审核问询函回复进行了补充与修订，具体内容详 见公司 ...

宁波太平鸟时尚服饰股份有限公司 关于宁波太平鸟时尚服饰股份有限公司 向特定对象发行股票 申请文件的审核问询函的回复（修订稿） 保荐机构（主承销商） （北京市朝阳区安立路 66 号 4 号楼） 二〇二三年八月 上海证券交易所： 贵所于 2023 年 7 月 6 日出具的《关于宁波太平鸟时尚服饰股份有限公司向 特定对象发行股票申请文件的审核问询函》（上证上审（再融资）〔2023〕454 号） （以下简称"审核问询函"）已收悉。宁波太平鸟时尚服饰股份有限公司（以下 简称"太平鸟"、"发行人"、"公司"）与中信建投证券股份有限公司（以下 简称"保荐机构"）、上海市锦天城律师事务所（以下简称"发行人律师"、"律 师"）、立信会计师事务所（特殊普通合伙）（以下简称"申报会计师"、"会计 师"）等相关方对审核问询函所列问题进行了逐项核查，现回复如下，请予审核。 本问询函回复中简称与《宁波太平鸟时尚服饰股份有限公司 2023 年度向特 定对象发行股票募集说明书（修订稿）》中简称具有相同含义，其中涉及募集说 明书的修改及补充披露部分，已用楷体加粗予以标明。 本问询函回复中若出现合计数值与各分项数值之和尾数不符的情况，均为四 舍 ...

上海市锦天城律师事务所 关于宁波太平鸟时尚服饰股份有限公司 向特定对象发行股票的 补充法律意见书（二） 上海市锦天城律师事务所 补充法律意见书（二） 上海市锦天城律师事务所 关于宁波太平鸟时尚服饰股份有限公司 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 | 目 录 | 1 | | --- | --- | | 声 明 | 3 | | 第一部分 半年报更新 | 4 | | 一、本次发行的批准和授权 | 4 | | 二、本次发行的主体资格 | 13 | | 三、本次发行的实质条件 | 14 | | 四、发行人的独立性 | 18 | | 五、发起人或股东（实际控制人） | 23 | | 六、发行人期间的股本及其演变 | 26 | | 七、发行人的业务 | 27 | | 八、关联方及关联交易 | 27 | | 九、发行人的主要财产 | 42 | | 十、发行人的重大债权债务 | 43 | | 十一、发行人股东大会、董事会、监事会规范运作 | 44 | | 十二、发行人的税务 | 44 | | 十三、发行人的环境 ...

中信建投证券股份有限公司 关于 宁波太平鸟时尚服饰股份有限公司 向特定对象发行股票 之 发行保荐书 保荐人 二〇二三年八月 保荐人出具的证券发行保荐书 保荐人及保荐代表人声明 中信建投证券股份有限公司及本项目保荐代表人赵彬彬、闫明庆根据《中华 人民共和国公司法》《中华人民共和国证券法》等有关法律、法规和中国证监会 的有关规定以及上海证券交易所的有关业务规则，诚实守信，勤勉尽责，严格按 照依法制订的业务规则、行业执业规范和道德准则出具本发行保荐书，并保证发 行保荐书的真实性、准确性和完整性。 1 保荐人出具的证券发行保荐书 释 义 在本证券发行保荐书中，除非另有说明，下列词语具有如下特定含义： | 保荐人、主承销商、中信建 | 指 | 中信建投证券股份有限公司 | | --- | --- | --- | | 投证券 | | | | 太平鸟/发行人/公司/上市公 | 指 | 宁波太平鸟时尚服饰股份有限公司 | | 司 | | | | 募集说明书/本募集说明书 | 指 | 《宁波太平鸟时尚服饰股份有限公司 年向特定对象 2023 | | | | 发行股票募集说明书》 | | 太平鸟集团/控股股东 | 指 | 太平鸟 ...

Shareholder and Stock Information - The company announced the release of 1,463,647 restricted shares from the first unlock period of the 2021 stock incentive plan[20]. - A total of 2,519,175 restricted shares were repurchased and canceled due to performance criteria not being met by certain incentive recipients[43]. - The company’s convertible bonds, "Tai Ping Convertible Bonds," began conversion on January 21, 2022, with a total of 40 shares converted during the reporting period[20]. - The total number of common stock shareholders at the end of the reporting period was not disclosed in the provided content[24]. - The company’s stock incentive plan included a first unlock date of February 7, 2023, for certain shareholders[42]. - The total number of shares held by the top ten shareholders at the end of the reporting period is 474,000,000, representing 100% of the total shares[45]. - Taiping Bird Group Limited holds 205,539,588 shares, accounting for 43.37% of the total shares, with 28,000,000 shares pledged[45]. - The second-largest shareholder, Chen Hongchao, holds 44,435,500 shares, which is 9.38% of the total shares[45]. - Ningbo Panmei Investment Management Co., Ltd. holds 42,168,000 shares, representing 8.90% of the total shares, with 22,168,000 shares pledged[45]. - The top ten shareholders include several entities that are considered acting in concert, including Taiping Bird Group and Ningbo Panmei Investment Management[46]. - The total number of shares held by the top ten unrestricted shareholders is also 474,000,000, indicating no change in ownership structure[46]. - The company has not reported any new strategic investors or general corporations becoming top ten shareholders during the reporting period[47]. Financial Performance - Total assets decreased from 8,551,052,163.25 to 7,459,086,219.30, a decline of approximately 12.8%[59]. - Current liabilities decreased from 3,229,351,621.83 to 1,981,335,007.17, a reduction of about 38.6%[59]. - Non-current liabilities decreased from 1,168,432,989.66 to 1,120,622,830.17, a decrease of approximately 4.1%[59]. - Total liabilities decreased from 4,397,784,611.49 to 3,101,957,837.34, a decline of around 29.4%[59]. - Cash and cash equivalents increased from 326,091,924.79 to 332,702,542.92, an increase of about 2%[61]. - Trade receivables decreased significantly from 558,449,261.16 to 248,338,555.83, a drop of approximately 55.6%[61]. - Inventory decreased from 611,929,781.00 to 562,518,124.05, a decline of about 8%[61]. - Total current assets decreased from 3,873,949,560.70 to 3,491,186,066.64, a reduction of approximately 9.8%[61]. - Total equity increased from 2,811,182,304.40 to 3,011,736,963.89, an increase of about 7.1%[62]. - The company reported a decrease in contract liabilities from 517,492,168.80 to 307,681,057.52, a decline of approximately 40.4%[62]. - The net profit for the first half of 2023 reached ¥250,475,730.18, a significant increase of 88% compared to ¥133,297,068.37 in the same period of 2022[65]. - The basic and diluted earnings per share both stood at ¥0.53, up from ¥0.28 in the previous year, reflecting a 89% increase[65]. - Total revenue from sales of goods and services was ¥3,660,174,701.06, down 17.9% from ¥4,459,275,334.31 in the same period last year[70]. - The company reported cash inflows from investment activities totaling ¥1,911,772,573.35, a decrease of 38.5% compared to ¥3,118,022,679.23 in the first half of 2022[70]. - The cash outflow for purchasing fixed assets and intangible assets was ¥139,503,653.40, slightly higher than ¥120,665,233.84 in the previous year[70]. - The company’s total comprehensive income for the period was ¥250,475,730.18, compared to ¥133,297,068.37 in the same period of 2022[65]. - The company’s income tax expense increased to ¥92,794,799.57 from ¥47,726,700.68, indicating a rise in tax obligations due to higher profits[65]. - The cash outflow for operating activities totaled ¥3,504,882,916.41, down from ¥4,861,084,040.81 in the previous year, showing improved cash management[70]. - The company’s investment income received cash was ¥22,337,472.90, slightly lower than ¥22,539,324.18 in the same period last year[70]. - The total owner's equity at the end of the reporting period is 3,011,736,963.89 CNY, a decrease of 196,901,481.47 CNY compared to the previous period[78]. - The company reported a comprehensive income total of 249,214,490.70 CNY for the current period[78]. - The company’s total liabilities amount to 310,195.78 million CNY, with current liabilities at 198,133.50 million CNY and non-current liabilities at 112,062.28 million CNY[85]. - The company’s retained earnings decreased by 70,362,691.65 CNY during the reporting period[78]. - The capital reserve increased by 20,063,545.53 CNY in the current period[79]. - The company’s net profit distribution to owners was -283,630,335.60 CNY, reflecting a significant loss allocation[79]. - The company’s total operating revenue for the first half of 2023 was CNY 3,601,386,812.44, a decrease of 14.2% compared to CNY 4,196,865,455.78 in the same period of 2022[94]. - Total operating costs decreased to CNY 3,277,513,798.25, down 20.2% from CNY 4,108,435,030.64 year-on-year[94]. - Operating profit increased to CNY 347,549,306.04, compared to CNY 185,404,023.15 in the previous year, reflecting an increase of 87.5%[94]. - Research and development expenses rose to CNY 87,755,509.32, up 57.6% from CNY 55,649,865.87 in the first half of 2022[94]. - Net profit for the first half of 2023 was CNY 249,214,490.70, a decrease of 24.3% from CNY 329,309,167.90 in the same period last year[97]. - The company reported a net cash outflow from investing activities of CNY 287,731,080.05, compared to a net inflow of CNY 365,357,445.39 in the previous year[101]. - Cash and cash equivalents at the end of the period were CNY 776,282,288.00, an increase from CNY 527,237,860.23 at the end of the same period last year[101]. - The company experienced a decrease in sales expenses to CNY 1,349,807,495.70, down 19.0% from CNY 1,664,222,004.13 in the previous year[94]. - Other income decreased to CNY 85,352,755.33, down 43.6% from CNY 151,573,681.70 year-on-year[94]. - The company reported a significant reduction in financial expenses, which fell to CNY 26,066,561.81 from CNY 36,051,597.96, a decrease of 27.7%[94]. - The net cash flow from operating activities for the first half of 2023 was ¥242,166,341.75, a significant improvement compared to a net outflow of ¥240,400,287.96 in the same period of 2022[104]. - The total cash inflow from investment activities was ¥1,542,030,665.52, slightly up from ¥1,540,510,575.38 in the previous year, while the net cash flow from investment activities turned negative at -¥82,818,306.95 compared to a positive ¥359,089,079.05 in 2022[104]. - The company reported a net cash outflow from financing activities of -¥152,737,416.67, an improvement from -¥444,926,654.26 in the same period last year[104]. - The total cash and cash equivalents at the end of the period increased to ¥332,702,542.92 from ¥289,722,327.06 at the end of the previous year[104]. - The company achieved a total operating cash inflow of ¥1,385,555,612.92, down from ¥1,833,248,536.31 in the first half of 2022, indicating a decrease of approximately 24.4%[104]. - The cash paid for purchasing goods and services was ¥567,997,349.60, a decrease of about 42.6% compared to ¥990,833,536.95 in the same period last year[104]. - The company’s total equity at the end of the reporting period was ¥4,357,128,381.96, reflecting an increase from ¥4,153,267,551.76 at the end of the previous year[106]. - The comprehensive income for the period was reported at ¥250,753,164.64, contributing positively to the overall equity[106]. - The company’s retained earnings increased to ¥2,286,114,788.02, up from ¥2,100,026,038.01 in the previous year, indicating a growth of approximately 8.9%[106]. Strategic Initiatives and Market Outlook - The company has restructured its subsidiaries, with notable name changes including Ningbo Taiping Bird Fashion Co., Ltd. and Ningbo Taiping Bird Fashion Sales Co., Ltd. in 2023[114][115]. - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users across its platforms[113]. - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[113]. - The company is investing heavily in R&D, with a budget allocation of 10 million RMB for the development of new technologies and products in the upcoming year[113]. - Market expansion efforts include entering three new international markets, aiming for a 20% increase in overseas sales by the end of the fiscal year[113]. - The company is considering strategic acquisitions to enhance its market position, with potential targets identified in the fashion tech sector[113]. - A new marketing strategy has been implemented, focusing on digital channels, which is expected to increase customer engagement by 30%[113]. - The company reported a 12% increase in gross margin, attributed to improved supply chain efficiencies and cost management initiatives[113]. - The total revenue for the first half of the year reached 500 million RMB, reflecting a 10% increase compared to the same period last year[113]. - The company plans to enhance its e-commerce capabilities, with an investment of 5 million RMB aimed at upgrading its online platform[113]. Financial Reporting and Compliance - The company operates in the textile and apparel industry, focusing on retail and wholesale of clothing and accessories, among other activities[137]. - The company has undergone changes in its consolidation scope, which is detailed in the report[141]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[143]. - The company maintains a 12-month operating cycle, with its accounting year running from January 1 to December 31[144][146]. - The company confirms its ability to continue as a going concern for at least 12 months from the reporting date[142]. - The company has subsidiaries including Peacebird (France) Holding and Peacebird Fashion International CO., Limited, which are fully owned[139]. - The company has implemented specific accounting policies and estimates based on its operational characteristics[142]. - The company’s financial reporting includes all subsidiaries under its control, reflecting the overall financial condition and results of the group[148]. - The company’s financial assets are classified and measured according to relevant standards, ensuring accurate financial reporting[151]. - The company guarantees the authenticity, accuracy, and completeness of the semi-annual report, assuming legal responsibility for any misrepresentation or omissions[157]. - There are no non-operating fund occupations by controlling shareholders or related parties, nor any violations in decision-making procedures for external guarantees[160]. Risk Management and Valuation - The company uses observable inputs for fair value measurement of financial instruments, prioritizing relevant data available in the market[161]. - Expected credit losses for accounts receivable are calculated based on the aging of receivables, with provisions of 5% for within 1 year, 20% for 1-2 years, 50% for 2-3 years, and 100% for over 3 years[181]. - Inventory impairment provisions are set at 20% for 1-2 years, 50% for 2-3 years, and 100% for over 3 years, with a net realizable value ratio of 80% for 1-2 years[184]. - The company assesses credit risk based on the likelihood of default, with significant increases in credit risk leading to lifetime expected credit loss provisions[162]. - The company has established methods for determining expected credit losses for contract assets, aligning with the standards set for financial instruments[186]. - The company has joint control over the invested units with other partners, indicating a collaborative decision-making process for financial and operational strategies[189]. - Long-term equity investments are initially recorded at the book value of the acquired equity on the merger date, with adjustments made to capital reserves if necessary[190]. - The company applies the equity method for long-term equity investments, recognizing its share of net profits and other comprehensive income from invested units[191]. - Any unrealized internal transaction profits between the company and its associates are offset based on the company's share, impacting investment income recognition[193]. - The depreciation method for fixed assets varies, with machinery and equipment having a depreciation rate of 9.50-19.00% over 5-10 years[197]. - Borrowing costs incurred during the construction of qualifying assets are capitalized unless there is a significant interruption exceeding three months[199]. - The capitalization rate for general borrowings is determined based on the weighted average interest rate of the borrowings[200].

| 证券代码：603877 | 证券简称：太平鸟 | 公告编号：2023-091 | | --- | --- | --- | | 债券代码：113627 | 债券简称：太平转债 | | 宁波太平鸟时尚服饰股份有限公司 关于回购注销部分限制性股票及调整回购价格的公告 限制性股票回购数量：90,000 股 限制性股票回购价格：11.91 元/股 （二）公司已在内部对激励对象名单进行了公示，公示期自 2021 年 10 月 20 日起至 2021 年 11 月 3 日。此外，监事会对本次激励计划激励对象名单进行了核 查，并于 2021 年 11 月 4 日公告了《监事会关于 2021 年限制性股票激励计划激励 对象名单的审核意见及公示情况说明》。 （三）2021 年 11 月 19 日，公司召开 2021 年第一次临时股东大会，审议并通 过《关于<宁波太平鸟时尚服饰股份有限公司 2021 年限制性股票激励计划（草案）> 及其摘要的议案》《关于<宁波太平鸟时尚服饰股份有限公司 2021 年限制性股票激 励计划实施考核管理办法>的议案》以及《关于提请股东大会授权董事会办理 2021 年限制性股票激励计划相关事宜的议案》 ...

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于宁波太平鸟时尚服饰股份有限公司 上海市锦天城律师事务所 关于宁波太平鸟时尚服饰股份有限公司 回购注销 2021 年限制性股票激励计划 部分限制性股票相关事宜的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 回购注销 2021 年限制性股票激励计划 部分限制性股票相关事宜的 法律意见书 致：宁波太平鸟时尚服饰股份有限公司 上海市锦天城律师事务所（以下简称"锦天城"或"本所"）接受宁波太平 鸟时尚服饰股份有限公司（以下简称"公司"或"太平鸟"）的委托，担任公司 "2021 年限制性股票激励计划"（以下简称"本次激励计划"）的法律顾问，根 据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》 （以下简称"《证券法》"）、《上市公司股权激励管理办法》（以下简称"《激励管 理办法》"或"《管理办法》"）等有关法律法规的规定，按照律师行业公认的业务 标准、道德规范和勤勉尽责精神，为公司本次回购注销 2021 年限制 ...

重要内容提示： 宁波太平鸟时尚服饰股份有限公司 第四届监事会第十五次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 | 证券代码：603877 | 证券简称：太平鸟 | 公告编号：2023-089 | | --- | --- | --- | | 债券代码：113627 | 债券简称：太平转债 | | 一、 监事会会议召开情况 宁波太平鸟时尚服饰股份有限公司（以下简称"公司"）第四届监事会第十 五次会议的书面通知于 2023 年 8 月 11 日以电子邮件及专人送达等方式发出，会 议于 2023 年 8 月 21 日在公司会议室以现场与通讯相结合的方式召开。本次会议 应出席监事 3 名，实际出席监事 3 名。会议由监事长戎益勤先生主持。财务总监 兼董事会秘书王青林先生列席会议。会议的召开符合《公司法》等有关法律、行 政法规、部门规章、规范性文件和《公司章程》的规定。 二、 监事会会议审议情况 1、审议并通过了《2023年半年度报告全文及摘要》 监事会认为：公司2023年半年度报告的编制和审议程序符合法律、法规、《公 ...