EX-15.3 10 f20f2021ex15-3_scienjoyhold.htm CONSENT OF BEIJING FENG YU LAW FIRM

Exhibit 15.3

 

Beijing Feng Yu Law Firm

Room 1405, SciTech Tower, No. 22 Jianwaidajie,

Chaoyang District, Beijing 100022

China

 

May 16, 2022

 

To:

 

SCIENJOY HOLDING CORPORATION

3rd Floor, JIA No.34, Shenggu Nanli

Chaoyang District, Beijing 100029,

China

 

Dear Sir/Madam:

 

We consent to the references to our firm under the caption “Item 3. Key Information—D. Risk Factors—Risks Related to our Corporate Structure—If the PRC government deems that the agreements that establish the structure for operating our businesses in China do not comply with PRC regulations on foreign investment in Internet and other related businesses, or if these regulations or their interpretation change in the future, we could be subject to severe penalties or be forced to relinquish our interests in those operations, and may need to reorganize our current corporate structure to comply with PRC laws and regulations”, and “Item 4. Information on the Company—C. Organizational Structure—Contracts that enable us to receive substantially all of the economic benefits from the VIEs” in SCIENJOY HOLDING CORPORATION’s Annual Report on Form 20-F for the year ended December 31, 2021 (the “Annual Report”), which is filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2022. We also consent to the filing with the SEC of this consent letter as an exhibit to the Annual Report.

 

In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, or under the Securities Exchange Act of 1934, in each case, as amended, or the regulations promulgated thereunder.

 

Very truly yours,  
   

/s/ YAN, Xuan

 
Name: YAN, Xuan  
Title: Executive Partner on behalf of :-  
Beijing Feng Yu Law Firm