Filing Details

 

	UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549
	SCHEDULE 13D

 

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

 

(Name of Issuer)

 

(Title of Class of Securities)

 

(CUSIP Number)**

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

*                 The information required on 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).

 

**          This CUSIP number applies to the American depositary shares of the Issuer, each representing six Ordinary Shares. No CUSIP has been assigned to the Ordinary Shares.

 

 

 

 

* See Item 5.

 

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* See Item 5.

 

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* See Item 5.

 

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* See Item 5.

 

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Introductory Note

 

This statement on Schedule 13D (the Schedule 13D) constitutes Amendment No. 2 to the Schedule 13D filed with the U.S. Securities and Exchange Commission (the Commission) on January 17, 2018 by Mr. Jianda Ni (Mr. Ni), Fortune Altas Holdings Limited (Fortune Altas), and High-Gold Worldwide Limited (High-Gold), as amended by Amendment No. 1 thereto filed with the Commission on September 5, 2019 by Mr. Ni, Fortune Altas, High-Gold, and Eaglepass Asia Limited (Eaglepass) (collectively, the Original Filing) with respect to the ordinary shares, par value $0.0005 per share (the Ordinary Shares) of Jupai Holdings Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (the Issuer). Except as amended hereby, the Original Filing remains in full force and effect. Capitalized terms used but not defined in this Schedule 13D have the meanings ascribed to them in the Original Filing.

 

Item 3.  Source and Amount of Funds or Other Consideration

 

Item 3 of the Original Filing is hereby amended and supplemented as follows:

 

From August 7, 2019 to September 23, 2019, Eaglepass purchased an aggregate amount of 4,232,856 Ordinary Shares represented by American depositary shares from the public market with its working capital.

 

Item 5. Interest in Securities of the Issuer

 

The first to third paragraphs under Item 5 (a)(b) of the Original Filing is hereby amended and replaced as follows:

 

As of the reporting date of this 13D/A, High-Gold holds 19,853,538 Ordinary Shares of the Issuer, which represent approximately 9.8% of the total issued and outstanding Ordinary Shares. After the Acquisition, Fortune Altas acquired 100% issued and outstanding shares of High-Gold, and may be deemed to beneficially own 19,853,538 Ordinary Shares though High-Gold. As Mr. Ni remained the sole director and shareholder of Fortune Altas following the Acquisition, Mr. Ni may be deemed to have acquired beneficial ownership of 19,853,538 Ordinary Shares of the Issuer that are held by High-Gold. As a result, Mr. Ni and Fortune Altas may be deemed to have beneficial ownership and shared voting power to vote or direct the vote of 19,853,538 Ordinary Shares held by High-Gold.

 

From August 7, 2019 to September 23, 2019, Eaglepass purchased an aggregate amount of 4,232,856 Ordinary Shares represented by American depositary shares from the public market with its working capital. In addition, 1,000,000 Ordinary Shares are issuable to Mr. Ni upon exercise of options or vesting of restricted shares within 60 days after the reporting date of this 13D/A. Therefore, Mr. Nis beneficial ownership in the Issuer equaled 25,846,794 Ordinary Shares, representing approximately 12.7% of the total issued and outstanding Ordinary Shares. 25,846,794 Ordinary Shares beneficially owned by Mr. Ni comprise (i) 1,000,000 Ordinary Shares issuable to Mr. Ni upon exercise of options or vesting of restricted shares within 60 days after the reporting date of this 13D/A, (ii) 760,400 Ordinary Shares held by Mr. Ni, (iii) 19,853,538 Ordinary Shares held by High-Gold, which may be deemed beneficially owned by Mr. Ni, and (iv) 4,232,856 Ordinary Shares held by Eaglepass, which may be deemed beneficially owned by Mr. Ni.

 

The percentage of Ordinary Shares beneficially owned by each Reporting Person is based on 201,737,333 Ordinary Shares issued and outstanding as of the reporting date of this 13D/A, together with 1,000,000 Ordinary Shares issuable to such Reporting Person upon exercise of options or vesting of restricted shares within 60 days after the reporting date of this 13D/A.

 

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SIGNATURE

 

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

	Date: September 26, 2019
	Jianda Ni
	/s/ Jianda Ni
	Fortune Altas Holdings Limited
	By:	/s/ Jianda Ni
		Name:	Jianda Ni
		Title:	Director
	High-Gold Worldwide Limited
	By:	/s/ Jianda Ni
		Name:	Jianda Ni
		Title:	Director
	Eaglepass Asia Limited
	By:	/s/ Jianda Ni
		Name:	Jianda Ni
		Title:	Director

 

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