Filing Details
- Accession Number:
- 0001193125-19-031858
- Form Type:
- 13G Filing
- Publication Date:
- 2019-02-08 12:05:32
- Filed By:
- Chengwei Evergreen Capital, L.p.
- Company:
- Four Seasons Education (Cayman) Inc. (NYSE:FEDU)
- Filing Date:
- 2019-02-08
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Chengwei Capital HK Limited | 3,133,333 | 0 | 3,133,333 | 0 | 3,133,333 | 12.6% |
| Chengwei Evergreen Capital | 3,133,333 | 0 | 3,133,333 | 0 | 3,133,333 | 12.6% |
| Chengwei Evergreen Management | 3,133,333 | 0 | 3,133,333 | 0 | 3,133,333 | 12.6% |
| EXL Holdings | 3,133,333 | 0 | 3,133,333 | 0 | 3,133,333 | 12.6% |
| Eric Xun Li | 3,133,333 | 0 | 3,133,333 | 0 | 3,133,333 | 12.6% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Four Seasons Education (Cayman) Inc.
(Name of Issuer)
Ordinary Shares
(Title of Class of Securities)
35101A101
(CUSIP Number)
December 31, 2018
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on following pages)
| CUSIP NO.: 35101A101 |
| (1) | NAME OF REPORTING PERSONS
Chengwei Capital HK Limited | |||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☐
| |||||
| (3) | SEC USE ONLY
| |||||
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | (5) | SOLE VOTING POWER
3,133,333 ordinary shares (See Item 4) | ||||
| (6) | SHARED VOTING POWER
0 | |||||
| (7) | SOLE DISPOSITIVE POWER
3,133,333 ordinary shares (See Item 4) | |||||
| (8) | SHARED DISPOSITIVE POWER
0 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,133,333 ordinary shares | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%1 | |||||
| (12) | TYPE OF REPORTING PERSON*
CO | |||||
| 1 | As a percentage of 24,966,591 ordinary shares of the Issuer. |
1
| CUSIP NO.: 35101A101 |
| (1) | NAME OF REPORTING PERSONS
Chengwei Evergreen Capital, L.P. | |||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☐
| |||||
| (3) | SEC USE ONLY
| |||||
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | (5) | SOLE VOTING POWER
3,133,333 ordinary shares (See Item 4) | ||||
| (6) | SHARED VOTING POWER
0 | |||||
| (7) | SOLE DISPOSITIVE POWER
3,133,333 ordinary shares (See Item 4) | |||||
| (8) | SHARED DISPOSITIVE POWER
0 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,133,333 ordinary shares | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%1 | |||||
| (12) | TYPE OF REPORTING PERSON*
CO | |||||
| 1 | As a percentage of 24,966,591 ordinary shares of the Issuer. |
2
| CUSIP NO.: 35101A101 |
| (1) | NAME OF REPORTING PERSONS
Chengwei Evergreen Management, LLC | |||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☐
| |||||
| (3) | SEC USE ONLY
| |||||
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | (5) | SOLE VOTING POWER
3,133,333 ordinary shares (See Item 4) | ||||
| (6) | SHARED VOTING POWER
0 | |||||
| (7) | SOLE DISPOSITIVE POWER
3,133,333 ordinary shares (See Item 4) | |||||
| (8) | SHARED DISPOSITIVE POWER
0 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,133,333 ordinary shares | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%1 | |||||
| (12) | TYPE OF REPORTING PERSON*
CO | |||||
| 1 | As a percentage of 24,966,591 ordinary shares of the Issuer. |
3
| CUSIP NO.: 35101A101 |
| (1) | NAME OF REPORTING PERSONS
EXL Holdings, LLC | |||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☐
| |||||
| (3) | SEC USE ONLY
| |||||
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | (5) | SOLE VOTING POWER
3,133,333 ordinary shares (See Item 4) | ||||
| (6) | SHARED VOTING POWER
0 | |||||
| (7) | SOLE DISPOSITIVE POWER
3,133,333 ordinary shares (See Item 4) | |||||
| (8) | SHARED DISPOSITIVE POWER
0 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,133,333 ordinary shares | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%1 | |||||
| (12) | TYPE OF REPORTING PERSON*
CO | |||||
| 1 | As a percentage of 24,966,591 ordinary shares of the Issuer. |
4
| CUSIP NO.: 35101A101 |
| (1) | NAME OF REPORTING PERSONS
Eric Xun Li | |||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☐
| |||||
| (3) | SEC USE ONLY
| |||||
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | (5) | SOLE VOTING POWER
3,133,333 ordinary shares (See Item 4) | ||||
| (6) | SHARED VOTING POWER
0 | |||||
| (7) | SOLE DISPOSITIVE POWER
3,133,333 ordinary shares (See Item 4) | |||||
| (8) | SHARED DISPOSITIVE POWER
0 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,133,333 ordinary shares | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.6%1 | |||||
| (12) | TYPE OF REPORTING PERSON*
IN | |||||
| 1 | As a percentage of 24,966,591 ordinary shares of the Issuer. |
5
| Item 1(a). | Name of Issuer: |
Four Seasons Education (Cayman) Inc.
| Item 1(b). | Address of Issuers Principal Executive Offices: |
5th Floor, Building C Jinan 610, No. 610 Hengfeng Road, Jingan District, Shanghai, PRC 200070
| Item 2(a). | Name of Person Filing: |
Chengwei Capital HK Limited
Chengwei Evergreen Capital, L.P.
Chengwei Evergreen Management, LLC
EXL Holdings, LLC
Eric Xun Li
| Item 2(b). | Address of Principal Business Office or, if None, Residence: |
The principal business office of Chengwei Capital HK Limited, Chengwei Evergreen Capital, L.P., Chengwei Evergreen Management, LLC, EXL Holdings, LLC and Eric Xun Li is 18th Floor, Edinburgh Tower, The Landmark, 15 Queens Road Central, Hong Kong.
| Item 2(c). | Citizenship or Place of Organization: |
Chengwei Capital HK Limited - Hong Kong
Chengwei Evergreen Capital, L.P. - Cayman Islands
Chengwei Evergreen Management, LLC - Cayman Islands
EXL Holdings, LLC - Cayman Islands
Eric Xun Li - United States of America
| Item 2(d). | Title of Class of Securities: |
Ordinary shares of the Issuer, par value US$0.0001 per share.
| Item 2(e). | CUSIP Number: |
35101A101
| Item 3. | Statement Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c): |
Not applicable
6
| Item 4. | Ownership: |
| Number of shares as to which such person has: | ||||||||||||||||||
| Reporting Person | Amount Owned | Percent of Class(1) | Sole Power to Vote or Direct the Vote | Shared Power to Vote or to Direct the Vote | Sole Power to Dispose or to Direct the Disposition of | Shared Power to Dispose or to Direct the Disposition of | ||||||||||||
| Chengwei Capital HK Limited | 3,133,333 ordinary shares(2) | 12.6 | % | 3,133,333 ordinary shares | 0 | 3,133,333 ordinary shares | 0 | |||||||||||
| Chengwei Evergreen Capital, L.P. | 3,133,333 ordinary shares(2) | 12.6 | % | 3,133,333 ordinary shares | 0 | 3,133,333 ordinary shares | 0 | |||||||||||
| Chengwei Evergreen Management, LLC | 3,133,333 ordinary shares(2) | 12.6 | % | 3,133,333 ordinary shares | 0 | 3,133,333 ordinary shares | 0 | |||||||||||
| EXL Holdings, LLC | 3,133,333 ordinary shares(2) | 12.6 | % | 3,133,333 ordinary shares | 0 | 3,133,333 ordinary shares | 0 | |||||||||||
| Eric Xun Li | 3,133,333 ordinary shares(2) | 12.6 | % | 3,133,333 ordinary shares | 0 | 3,133,333 ordinary shares | 0 | |||||||||||
| (1) | This percentage is based on 24,966,591 ordinary shares issued and outstanding as of January 28, 2019 as reported in the Companys third quarter of fiscal year 2019 unaudited financial results on Form 6-K filed with the Securities and Exchange Commission on January 28, 2019. |
| (2) | Represents 3,133,333 ordinary shares directly held by Chengwei Capital HK Limited. Chengwei Capital HK Limited is wholly-owned by Chengwei Evergreen Capital, L.P., whose general partner is Chengwei Evergreen Management, LLC. EXL Holdings, LLC has 100% controlling voting power of Chengwei Evergreen Management, LLC. Eric Xun Li has 100% controlling voting power of EXL Holdings, LLC. Pursuant to Section 13(d) of the Act, Chengwei Evergreen Capital, L.P., Chengwei Evergreen Management, LLC, EXL Holdings, LLC and Eric Xun Li may be deemed to share beneficial ownership of the ordinary shares held by Four Seasons Education Holdings Limited. |
| Item 5. | Ownership of Five Percent or Less of a Class: |
Not applicable.
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person: |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: |
Not applicable
| Item 8. | Identification and Classification of Members of the Group: |
Not applicable
7
| Item 9. | Notice of Dissolution of Group: |
Not applicable
| Item 10. | Certifications: |
Not applicable
8
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated February 1, 2019
| Chengwei Capital HK Limited | By: | /s/ Eric Xun Li | ||||
| Name: | Eric Xun Li | |||||
| Title: | Authorized Signatory | |||||
| Chengwei Evergreen Capital, L.P. | By: | /s/ Eric Xun Li | ||||
| Name: | Eric Xun Li | |||||
| Title: | Authorized Signatory | |||||
| Chengwei Evergreen Management, LLC | By: | /s/ Eric Xun Li | ||||
| Name: | Eric Xun Li | |||||
| Title: | Authorized Signatory | |||||
| EXL Holdings, LLC | By: | /s/ Eric Xun Li | ||||
| Name: | Eric Xun Li | |||||
| Title: | Authorized Signatory | |||||
| Eric Xun Li | By: | /s/ Eric Xun Li | ||||
[Signature Page to Schedule 13G]
LIST OF EXHIBITS
| Exhibit | Description | |
| 99.1 | Joint Filing Agreement | |