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Airnet Technology Inc. – ‘20-F’ for 12/31/19 – ‘EX-15.2’

On:  Monday, 9/14/20, at 4:06pm ET   ·   For:  12/31/19   ·   Accession #:  1104659-20-104815   ·   File #:  1-33765

Previous ‘20-F’:  ‘20-F’ on 4/30/19 for 12/31/18   ·   Next:  ‘20-F’ on 5/6/21 for 12/31/20   ·   Latest:  ‘20-F’ on 4/26/24 for 12/31/23   ·   22 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/14/20  Airnet Technology Inc.            20-F       12/31/19  120:14M                                    Toppan Merrill/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   1.11M 
                Non-Canadian Issuer                                              
 2: EX-2.4      Exhibits 2.4                                        HTML    122K 
 3: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     37K 
 6: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     33K 
 7: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     33K 
 4: EX-12.1     Statement re: the Computation of Ratios             HTML     37K 
 5: EX-12.2     Statement re: the Computation of Ratios             HTML     36K 
 8: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     31K 
 9: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     33K 
10: EX-15.3     Letter re: Unaudited Interim Financial Info         HTML     32K 
17: R1          Document and Entity Information                     HTML     69K 
18: R2          Consolidated Balance Sheets                         HTML    127K 
19: R3          Consolidated Balance Sheets (Parenthetical)         HTML     43K 
20: R4          Consolidated Statements of Operations               HTML     95K 
21: R5          Consolidated Statements of Comprehensive Loss       HTML     51K 
22: R6          Consolidated Statements of Comprehensive Loss       HTML     35K 
                (Parenthetical)                                                  
23: R7          Consolidated Statements of Changes in Equity        HTML     70K 
24: R8          Consolidated Statements of Cash Flows               HTML    163K 
25: R9          Consolidated Statements of Cash Flows (Additional   HTML     42K 
                information)                                                     
26: R10         Organization and Principal Activities               HTML    233K 
27: R11         Summary of Significant Accounting Policies          HTML    133K 
28: R12         Segment Information and Revenue Analysis            HTML     36K 
29: R13         Accounts Receivable, Net                            HTML     72K 
30: R14         Other Current Assets, Net                           HTML    151K 
31: R15         Prepaid Concession Fees                             HTML     34K 
32: R16         Property and Equipment, Net                         HTML     84K 
33: R17         Prepaid Equipment Cost, Net                         HTML     36K 
34: R18         Long-Term Investments                               HTML    208K 
35: R19         Lease                                               HTML     80K 
36: R20         Long-Term Deposits, Net                             HTML     53K 
37: R21         Accrued Expenses and Other Current Liabilities      HTML     69K 
38: R22         Income Taxes                                        HTML    202K 
39: R23         Net Loss Per Share                                  HTML     97K 
40: R24         Share Based Payments                                HTML    126K 
41: R25         Fair Value Measurement                              HTML     37K 
42: R26         Share Repurchase Plan                               HTML     35K 
43: R27         Mainland China Contribution Plan                    HTML     35K 
44: R28         Statutory Reserves                                  HTML     35K 
45: R29         Restricted Net Assets                               HTML     36K 
46: R30         Commitments                                         HTML     42K 
47: R31         Contingent Liabilities                              HTML     49K 
48: R32         Related Party Transactions                          HTML    110K 
49: R33         Subsequent Events                                   HTML     38K 
50: R34         Additional Information-Financial Statement          HTML    471K 
                Schedule I Financial Information of Parent Company               
51: R35         Summary of Significant Accounting Policies          HTML    201K 
                (Policies)                                                       
52: R36         Organization and Principal Activities (Tables)      HTML    208K 
53: R37         Summary of Significant Accounting Policies          HTML     78K 
                (Tables)                                                         
54: R38         Accounts Receivable, Net (Tables)                   HTML     74K 
55: R39         Other Current Assets, Net (Tables)                  HTML    149K 
56: R40         Property and Equipment, Net (Tables)                HTML     83K 
57: R41         Long-Term Investments (Tables)                      HTML    209K 
58: R42         Lease (Tables)                                      HTML     80K 
59: R43         Long-Term Deposits (Tables)                         HTML     52K 
60: R44         Accrued Expenses and Other Current Liabilities      HTML     69K 
                (Tables)                                                         
61: R45         Income Taxes (Tables)                               HTML    199K 
62: R46         Net Loss Per Share (Tables)                         HTML     97K 
63: R47         Share Based Payments (Tables)                       HTML    116K 
64: R48         Commitments (Tables)                                HTML     41K 
65: R49         Related Party Transactions (Tables)                 HTML    110K 
66: R50         Additional Information-Financial Statement          HTML    469K 
                Schedule I Financial Information of Parent Company               
                (Tables)                                                         
67: R51         ORGANIZATION AND PRINCIPAL ACTIVITIES - Additional  HTML     59K 
                Information (Details)                                            
68: R52         ORGANIZATION AND PRINCIPAL ACTIVITIES - Schedule    HTML    109K 
                of Companies Subsidiaries and VIE's (Details)                    
69: R53         ORGANIZATION AND PRINCIPAL ACTIVITIES - Schedule    HTML     52K 
                of VIE's Consolidated Balance Sheets (Details)                   
70: R54         ORGANIZATION AND PRINCIPAL ACTIVITIES - Schedule    HTML     51K 
                of VIE's Consolidated Statement of Operations                    
                (Details)                                                        
71: R55         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     98K 
                Additional Information (Details)                                 
72: R56         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     53K 
                Schedule of Estimated Useful Lives of Property and               
                Equipment (Details)                                              
73: R57         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     41K 
                Schedule of Revenues by Service Categories                       
                (Details)                                                        
74: R58         ACCOUNTS RECEIVABLE, NET - Schedule of Accounts     HTML     40K 
                Receivable, Net (Details)                                        
75: R59         ACCOUNTS RECEIVABLE, NET - Schedule of Allowance    HTML     43K 
                for Doubtful Accounts (Details)                                  
76: R60         Other Current Assets, Net (Details)                 HTML     61K 
77: R61         Other Current Assets, Net (Details)                 HTML     69K 
                (Parenthetical)                                                  
78: R62         PREPAID CONCESSION FEES - Additional Information    HTML     36K 
                (Details)                                                        
79: R63         Property and Equipment, Net (Details)               HTML     72K 
80: R64         PREPAID EQUIPMENT COST, NET - Additional            HTML     52K 
                Information (Details)                                            
81: R65         LONG-TERM INVESTMENTS - Schedule of Equity Method   HTML     54K 
                Investments (Details)                                            
82: R66         LONG-TERM INVESTMENTS - Schedule of Equity Method   HTML     70K 
                Investments (Details) (Parenthetical)                            
83: R67         LONG-TERM INVESTMENTS - Schedule of Cost method     HTML     45K 
                investment (Details)                                             
84: R68         LONG-TERM INVESTMENTS - Schedule of Cost method     HTML     64K 
                investment (Details) (Parenthetical)                             
85: R69         Lease (Details)                                     HTML     46K 
86: R70         Lease - Lease expenses (Details)                    HTML     43K 
87: R71         LEASE - Maturities of lease liabilities (Details)   HTML     42K 
88: R72         Long-Term Deposits (Details)                        HTML     37K 
89: R73         Other Non-Current Assets (Details)                  HTML     34K 
90: R74         Accrued Expenses and Other Current Liabilities      HTML     52K 
                (Details)                                                        
91: R75         Accrued Expenses and Other Current Liabilities      HTML     35K 
                (Details) (Parenthetical)                                        
92: R76         INCOME TAXES - Additional Information (Details)     HTML     82K 
93: R77         INCOME TAXES - Schedule of Income Tax               HTML     40K 
                (Expenses)/Benefits (Details)                                    
94: R78         INCOME TAXES - Schedule of Deferred Income Tax      HTML     49K 
                Assets and Liabilities (Details)                                 
95: R79         INCOME TAXES - Schedule of Reconciliation of        HTML     65K 
                Effective Income Tax Rate (Details)                              
96: R80         INCOME TAXES - Schedule of Rollforward of           HTML     37K 
                uncertain tax position (Details)                                 
97: R81         Net Loss Per Share (Details)                        HTML     52K 
98: R82         Net Loss Per Share (Details) (Parenthetical)        HTML     42K 
99: R83         SHARE BASED PAYMENTS - Additional Information       HTML     61K 
                (Details)                                                        
100: R84         SHARE BASED PAYMENTS - Schedule of Stock Option     HTML    105K  
                Activities (Details)                                             
101: R85         FAIR VALUE MEASUREMENT - Additional Information     HTML     37K  
                (Details)                                                        
102: R86         Share Repurchase Plan (Details)                     HTML     48K  
103: R87         MAINLAND CHINA CONTRIBUTION PLAN - Additional       HTML     35K  
                Information (Details)                                            
104: R88         STATUTORY RESERVES - Additional Information         HTML     35K  
                (Details)                                                        
105: R89         RESTRICTED NET ASSETS - Additional Information      HTML     38K  
                (Details)                                                        
106: R90         COMMITMENTS - Additional Information (Details)      HTML     33K  
107: R91         COMMITMENTS - Schedule of Future Minimum            HTML     40K  
                Concession Fee Payments (Details)                                
108: R92         CONTINGENT LIABILITIES - Additional Information     HTML     95K  
                (Details)                                                        
109: R93         RELATED PARTY TRANSACTIONS - Schedule of Amount     HTML     70K  
                Due from Related Parties (Details)                               
110: R94         RELATED PARTY TRANSACTIONS - Schedule of Group      HTML     40K  
                Related Party (Details)                                          
111: R95         SUBSEQUENT EVENTS - Additional Information          HTML     61K  
                (Details)                                                        
112: R96         ADDITIONAL INFORMATION-FINANCIAL STATEMENT -        HTML     83K  
                Schedule of Parent Company Balance Sheets                        
                (Details)                                                        
113: R97         ADDITIONAL INFORMATION-FINANCIAL STATEMENT -        HTML     43K  
                Schedule of Parent Company Balance Sheets                        
                (Details) (Parenthetical)                                        
114: R98         ADDITIONAL INFORMATION-FINANCIAL STATEMENT -        HTML     50K  
                Schedule of Parent Company Statements of                         
                Operations (Details)                                             
115: R99         ADDITIONAL INFORMATION-FINANCIAL STATEMENT -        HTML     47K  
                Schedule of Parent Company Statements of                         
                Comprehensive loss (Details)                                     
116: R100        ADDITIONAL INFORMATION-FINANCIAL STATEMENT -        HTML    116K  
                Schedule of Parent Company Statements of Changes                 
                in Equity (Details)                                              
117: R101        ADDITIONAL INFORMATION-FINANCIAL STATEMENT -        HTML     74K  
                Schedule of Parent Company Statements of Cash                    
                Flows (Details)                                                  
119: XML         IDEA XML File -- Filing Summary                      XML    219K  
118: EXCEL       IDEA Workbook of Financial Reports                  XLSX    167K  
11: EX-101.INS  XBRL Instance -- ante-20191231                       XML   4.79M 
13: EX-101.CAL  XBRL Calculations -- ante-20191231_cal               XML    204K 
14: EX-101.DEF  XBRL Definitions -- ante-20191231_def                XML    756K 
15: EX-101.LAB  XBRL Labels -- ante-20191231_lab                     XML   1.51M 
16: EX-101.PRE  XBRL Presentations -- ante-20191231_pre              XML   1.36M 
12: EX-101.SCH  XBRL Schema -- ante-20191231                         XSD    301K 
120: ZIP         XBRL Zipped Folder -- 0001104659-20-104815-xbrl      Zip    282K  


‘EX-15.2’   —   Letter re: Unaudited Interim Financial Info


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

Exhibit 15.2

 

 

中国北京市建国门外大街甲12号新华保险大厦6100022

6/F, NCI Tower, A12 Jianguomenwai Avenue, Beijing 100022, China

电话 Tel: +86 10 6569 3399 传真 Fax: +86 10 6569 3838

电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com

 

September 14, 2020

 

AirNet Technology Inc.
15/F, Sky Plaza
No. 46 Dongzhimenwai Street
Dongcheng District
Beijing, 100027
People's Republic of China

 

Dear Sirs,

 

We hereby consent to the reference to our firm under the headings “Item 3. Key Information—D. Risk Factor” and “Item 4. Information on the Company—B. Business Overview,” insofar as they purport to describe the provisions of PRC laws and regulations, in AirNet Technology Inc.’s Annual Report on Form 20-F for the year ended December 31, 2019 (the “Annual Report”) filed with the Securities and Exchange Commission (the “SEC”), and further consent to the incorporation by reference into the Registration Statements No. 333-148352, 333-164219, 333-183448 and 333-187442 on Form S-8 of AirNet Technology Inc. of the summary of our opinions under the headings of “Item 3. Key Information—D. Risk Factor” and “Item 4. Information on the Company—B. Business Overview.” We also consent to the filing with the SEC of this consent letter as an exhibit to the Annual Report.

 

  Sincerely Yours,  
     
  /s/ Commerce & Finance Law Offices  
  Commerce & Finance Law Offices  

 

 C: 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘20-F’ Filing    Date    Other Filings
Filed on:9/14/20
For Period end:12/31/19NT 20-F
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/13/22  Airnet Technology Inc.            20-F       12/31/21  113:16M                                    Toppan Merrill/FA2
 5/06/21  Airnet Technology Inc.            20-F       12/31/20  112:14M                                    Toppan Merrill/FA


20 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/13/20  Airnet Technology Inc.            6-K         8/13/20    3:264K                                   Toppan Merrill/FA
11/08/19  Airnet Technology Inc.            6-K        11/08/19    3:42K                                    Toppan Merrill/FA
 5/28/19  Airnet Technology Inc.            6-K         5/28/19    3:220K                                   Toppan Merrill/FA
 4/30/19  Airnet Technology Inc.            20-F       12/31/18  121:19M                                    Toppan Merrill/FA
 3/29/19  JPMorgan Chase Bank N… Depositary F-6 POS     3/29/19    3:337K Airnet Technology Inc.            E-Data Systems, Inc./FA
11/07/18  Airnet Technology Inc.            6-K        11/07/18    3:100K                                   Toppan Merrill/FA
10/17/18  Airnet Technology Inc.            20-F       12/31/17  127:13M                                    Toppan Merrill/FA
 3/29/18  Airnet Technology Inc.            6-K         3/29/18    2:57K                                    Toppan Merrill/FA
 6/28/17  Airnet Technology Inc.            20-F       12/31/16  135:14M                                    Toppan Merrill/FA
 5/16/16  Airnet Technology Inc.            20-F       12/31/15  149:12M                                    Toppan Merrill/FA
 9/30/15  Airnet Technology Inc.            6-K         9/30/15    4:453K                                   Donnelley … Solutions/FA
 4/25/14  Airnet Technology Inc.            20-F       12/31/13  119:11M                                    Toppan Merrill/FA
 3/22/13  Airnet Technology Inc.            S-8         3/22/13    4:120K                                   Newsfile Corp./FA
 4/30/12  Airnet Technology Inc.            20-F       12/31/11   12:1.7M                                   Newsfile Cor… Toronto/FA
 5/28/10  Airnet Technology Inc.            20-F       12/31/09   11:1.5M                                   Donnelley … Solutions/FA
12/10/09  Airnet Technology Inc.            6-K        12/01/09    4:257K                                   Donnelley … Solutions/FA
 4/28/09  Airnet Technology Inc.            20-F       12/31/08   30:1.9M                                   Bowne of Atlanta Inc./FA
 4/30/08  Airnet Technology Inc.            20-F       12/31/07   14:1.5M                                   Donnelley … Solutions/FA
10/24/07  Airnet Technology Inc.            F-1/A                  4:3.3M                                   Donnelley … Solutions/FA
10/19/07  Airnet Technology Inc.            F-1                   39:5.8M                                   Donnelley … Solutions/FA
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Filing Submission 0001104659-20-104815   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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