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Filing Details

Accession Number:: 0001104659-19-007686
Form Type:: 13G Filing
Publication Date:: 2019-02-13 06:07:50

Filed By:: Dasheng Global Ltd
Company:: China Online Education Group (NYSE:COE)
Filing Date:: 2019-02-13
SEC Url:: 13G Filing

Ownership Summary

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	Shared Voting Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
Jack Jiajia Huang	60,081,411	60,081,411	60,081,411	19.8%
Ting Shu	60,081,411	60,081,411	60,081,411	19.8%
Dasheng Global Limited	42,556,988	42,556,988	42,556,988	14.1%
Dasheng Online Limited	17,524,423	17,524,423	17,524,423	5.8%
Dasheng International Holdings Limited	60,081,411	60,081,411	60,081,411	19.8%
TB Family Trust	60,081,411	60,081,411	60,081,411	19.8%

Filing

	UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

Information to Be Included in Statements Filed Pursuant to Rules 13d-1 (b), (c) and (d) and

Amendments Thereto Filed Pursuant To 13d-2

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

China Online Education Group

(Name of Issuer)

Class A ordinary shares, par value of $0.0001 per share

(Title of Class of Securities)

16954L 105

(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:

o	Rule 13d-1(b)
o	Rule 13d-1(c)
x	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

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).

	1	Names of Reporting Persons Jack Jiajia Huang

	2	Check the Appropriate Box if a Member of a Group
		(a)		o
		(b)		x

	3	SEC Use Only

	4	Citizenship or Place of Organization Peoples Republic of China

Number of Shares Beneficially Owned by Each Reporting Person With:			5		Sole Voting Power 0

			6		Shared Voting Power 60,081,411(1) See Item 4.

			7		Sole Dispositive Power 0

			8		Shared Dispositive Power 60,081,411(1) See Item 4.

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 60,081,411(1) See Item 4.

	10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

	11	Percent of Class Represented by Amount in Row (9) 19.8%. The voting power of the shares beneficially owned represents 25.1%(2) of the total outstanding voting power. See Item 4.

	12	Type of Reporting Person IN

(1) Represents (i) 40,890,321 Class B ordinary shares held by Dasheng Global Limited, (ii) 17,524,423 Class B ordinary shares held by Dasheng Online Limited, and (iii) 1,666,667 Class A ordinary shares issuable to Jack Jiajia Huang upon exercise of options within 60 days after December 31, 2018.

(2) The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuers holders of Class A ordinary shares and Class B ordinary shares as a single class as of February 28, 2018 (taking into account the number of shares that the Reporting Person had the right to acquire upon exercise of options that shall have become vested by 60 days after December 31, 2018). Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to ten votes per share on all matters submitted to them for a vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis.

	1	Names of Reporting Persons Ting Shu

	2	Check the Appropriate Box if a Member of a Group
		(a)		o
		(b)		x

	3	SEC Use Only

	4	Citizenship or Place of Organization Peoples Republic of China

Number of Shares Beneficially Owned by Each Reporting Person With:			5		Sole Voting Power 0

			6		Shared Voting Power 60,081,411(1) See Item 4.

			7		Sole Dispositive Power 0

			8		Shared Dispositive Power 60,081,411(1) See Item 4.

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 60,081,411(1) See Item 4.

	10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

	11	Percent of Class Represented by Amount in Row (9) 19.8%. The voting power of the shares beneficially owned represents 25.1%(2) of the total outstanding voting power. See Item 4.

	12	Type of Reporting Person IN

	1	Names of Reporting Persons Dasheng Global Limited

	2	Check the Appropriate Box if a Member of a Group
		(a)		o
		(b)		x

	3	SEC Use Only

	4	Citizenship or Place of Organization British Virgin Islands

Number of Shares Beneficially Owned by Each Reporting Person With:			5		Sole Voting Power 0

			6		Shared Voting Power 42,556,988 (1) See Item 4.

			7		Sole Dispositive Power 0

			8		Shared Dispositive Power 42,556,988 (1) See Item 4.

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 42,556,988 (1) See Item 4.

	10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

	11	Percent of Class Represented by Amount in Row (9) 14.1%. The voting power of the shares beneficially owned represents 17.6%(2) of the total outstanding voting power. See Item 4.

	12	Type of Reporting Person CO

(1) Represents (i) 40,890,321 Class B ordinary shares held by Dasheng Global Limited and (ii) 1,666,667 Class A ordinary shares issuable to Jack Jiajia Huang upon exercise of options within 60 days after December 31, 2018.

	1	Names of Reporting Persons Dasheng Online Limited

	2	Check the Appropriate Box if a Member of a Group
		(a)		o
		(b)		x

	3	SEC Use Only

	4	Citizenship or Place of Organization British Virgin Islands

Number of Shares Beneficially Owned by Each Reporting Person With:			5		Sole Voting Power 0

			6		Shared Voting Power 17,524,423(1) See Item 4.

			7		Sole Dispositive Power 0

			8		Shared Dispositive Power 17,524,423(1) See Item 4.

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 17,524,423(1) See Item 4.

	10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

	11	Percent of Class Represented by Amount in Row (9) 5.8%. The voting power of the shares beneficially owned represents 7.5%(2) of the total outstanding voting power. See Item 4.

	12	Type of Reporting Person CO

(1) Represents 17,524,423 Class B ordinary shares held by Dasheng Online Limited.

	1	Names of Reporting Persons Dasheng International Holdings Limited

	2	Check the Appropriate Box if a Member of a Group
		(a)		o
		(b)		x

	3	SEC Use Only

	4	Citizenship or Place of Organization British Virgin Islands

Number of Shares Beneficially Owned by Each Reporting Person With:			5		Sole Voting Power 0

			6		Shared Voting Power 60,081,411(1) See Item 4.

			7		Sole Dispositive Power 0

			8		Shared Dispositive Power 60,081,411(1) See Item 4.

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 60,081,411(1) See Item 4.

	10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

	11	Percent of Class Represented by Amount in Row (9) 19.8%. The voting power of the shares beneficially owned represents 25.1%(2) of the total outstanding voting power. See Item 4.

	12	Type of Reporting Person CO

(1) Represents (i) 40,890,321 Class B ordinary shares held by Dasheng Global Limited, (ii) 17,524,423 Class B ordinary shares held by Dasheng Online Limited and (iii) 1,666,667 Class A ordinary shares issuable to Jack Jiajia Huang upon exercise of options within 60 days after December 31, 2018.

	1	Names of Reporting Persons TB Family Trust

	2	Check the Appropriate Box if a Member of a Group
		(a)		o
		(b)		x

	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 0

			6		Shared Voting Power 60,081,411(1) See Item 4.

			7		Sole Dispositive Power 0

			8		Shared Dispositive Power 60,081,411(1) See Item 4.

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 60,081,411(1) See Item 4.

	10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

	11	Percent of Class Represented by Amount in Row (9) 19.8%. The voting power of the shares beneficially owned represents 25.1%(2) of the total outstanding voting power. See Item 4.

	12	Type of Reporting Person OO

Item 1(a).		Name of Issuer: China Online Education Group
Item 1(b).		Address of Issuers Principal Executive Offices: 6th Floor Deshi Building North, Shangdi Street, Haidian District Beijing 100085, Peoples Republic of China

Item 2(a).		Name of Person Filing: (i) Jack Jiajia Huang; (ii) Ting Shu; (iii) Dasheng Global Limited; (iv) Dasheng Online Limited; (v) Dasheng International Holdings Limited; and (vi) TB Family Trust
Item 2(b).		Address of Principal Business Office, or, if none, Residence: The address of the principal business office of each of the reporting persons is: 6th Floor Deshi Building North, Shangdi Street, Haidian District Beijing 100085, Peoples Republic of China
Item 2(c).		Citizenship: (i) Jack Jiajia Huang - Peoples Republic of China; (ii) Ting Shu - Peoples Republic of China; (iii) Dasheng Global Limited British Virgin Islands; (iv) Dasheng Online Limited British Virgin Islands; (v) Dasheng International Holdings Limited British Virgin Islands; and (vi) TB Family Trust Cayman Islands
Item 2(d).		Title of Class of Securities: Class A ordinary shares, par value of $0.0001 per share. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis.
Item 2(e).		CUSIP No.: 16954L 105

Item 3.	If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:
	Not applicable

Item 4.	Ownership
The following information with respect to the ownership of the ordinary shares, par value of $0.0001 per share, of the Issuer by each of the reporting persons is provided as of December 31, 2018:

Reporting Person	Amount beneficially owned:	Percent of class:	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:	Percentage of aggregate voting power
Jack Jiajia Huang	60,081,411	19.8	0	60,081,411	0	60,081,411	25.1
Ting Shu	60,081,411	19.8	0	60,081,411	0	60,081,411	25.1
Dasheng Global Limited	42,556,988	14.1	0	42,556,988	0	42,556,988	17.6
Dasheng Online Limited	17,524,423	5.8	0	17,524,423	0	17,524,423	7.5
Dasheng International Holdings Limited	60,081,411	19.8	0	60,081,411	0	60,081,411	25.1
TB Family Trust	60,081,411	19.8	0	60,081,411	0	60,081,411	25.1

Dasheng Global Limited, a British Virgin Islands company, is the record owner (the Dasheng Global) of (i) 40,890,321 Class B ordinary shares of the Issuer and (ii) 1,666,667 Class A ordinary shares of the Issuer issuable to Jack Jiajia Huang upon exercise of options within 60 days after December 31, 2018. Mr. Jack Jiajia Huang is the sole director of Dasheng Global.

Dasheng Online Limited, a British Virgin Islands company, is the record owner (the Dasheng Online) of 17,524,423 Class B ordinary shares of the Issuer. Ms. Ting Shu is the sole director of Dasheng Online.

Each of Dasheng Global and Dasheng Online is wholly beneficially owned by Dasheng International Holdings Limited (Dasheng Holdings), which is in turn, wholly owned by TB Family Trust (the Trust), for which TMF (Cayman) Ltd. acts as the trustee (the Trustee). S.B. Vanwall Ltd. is the sole director of Dasheng Holdings appointed by the Trustee. The settlors of the Trust are Mr. Huang and Ms. Shu. Mr. Huang, Ms. Shu and their family members are beneficiaries under the Trust. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Dasheng Holdings, the Trust, the Trustee, Mr. Huang and Ms. Shu may be deemed to be a group, and each member of such group may be deemed to beneficially own all of the ordinary shares beneficially owned by other members constituting such group. However, each of Dasheng Holdings, the Trust, Mr. Huang and Ms. Shu disclaims beneficial ownership of any shares beneficially owned by the Trustee other than the abovementioned (i) 40,890,321 Class B ordinary shares of the Issuer and (ii) 1,666,667 Class A ordinary shares of the Issuer issuable to Jack Jiajia Huang upon exercise of options within 60 days after December 31, 2018, held by Dasheng Global and (iii) 17,524,423 Class B ordinary shares of the Issuer held by Dasheng Online. All shares are beneficially owned by the Trustee solely in its capacity as trustee of the Trust. Accordingly, the Trustee, solely in its capacity as trustee of the Trust, may be deemed to beneficially own all ordinary shares of the Issuer that are beneficially owned by the Trust. However, the Trustee disclaims beneficial ownership of all ordinary shares of the Issuer.

The percentage of the class of securities beneficially owned by each reporting person is based on 302,843,634 outstanding ordinary shares as a single class, being the sum of 77,250,233 Class A ordinary Shares and 225,593,401 Class B ordinary shares of the Issuer outstanding as of February 28, 2018, assuming conversion of all Class B ordinary shares into Class A ordinary shares, and excluding the 2,552,520 Class A ordinary shares issued to the Issuers depositary bank for bulk issuance of American depositary shares reserved for future issuances upon the exercising or vesting of awards granted under the Issuers share incentive plan.

Percentage of aggregate voting power represents voting power of all ordinary shares held by each Reporting Person with respect to all outstanding shares of the Issuers Class A and Class B ordinary shares on an as-converted basis. Each holder of the Issuers Class A ordinary shares is entitled to one vote per share. Each holder of the Issuers Class B ordinary shares is entitled to ten votes per share.

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

Item 9.	Notice of Dissolution of Group
Not applicable

Item 10.	Certifications
Not applicable

LIST OF EXHIBITS

Exhibit 99.1 Joint Filing Agreement (incorporated herein by reference to Exhibit 99.1 of the reporting persons Schedule 13G field pursuant to Rule 13d-1(d) on January 30, 2018).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 13, 2019

Jack Jiajia Huang	/s/ Jack Jiajia Huang

Ting Shu	/s/ Ting Shu

Dasheng Global Limited	By:	/s/ Jack Jiajia Huang
	Name:	Jack Jiajia Huang
	Title:	Director

Dasheng Online Limited	By:	/s/ Ting Shu
	Name:	Ting Shu
	Title:	Director

Dasheng International Holdings Limited	By:	/s/ S.B. Vanwall Ltd.
	Name:	S.B. Vanwall Ltd.
	Title:	Director

TB Family Trust	By:	/s/ TMF (Cayman) Ltd.
	Name:	TMF (Cayman) Ltd.
	Title:	Trustee

[Signature Page to Schedule 13G/A]