Filing Details
- Accession Number:
- 0001193125-20-037712
- Form Type:
- 13G Filing
- Publication Date:
- 2020-02-14 14:09:32
- Filed By:
- Shen Neil Nanpeng
- Company:
- Molecular Data Inc. (NASDAQ:MKD)
- Filing Date:
- 2020-02-14
- 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 |
|---|---|---|---|---|---|---|
| MAX SMART LIMITED ( 147 MAX SMART 148 ) | 0 | 49,351,150 | 0 | 49,351,150 | 49,351,150 | 14.3% |
| SHANGHAI ZHERONG INVESTMENT CENTRE LIMITED PARTNERSHIP ( 147 SHANGHAI ZHERONG INVEST 148 ) | 0 | 49,351,150 | 0 | 49,351,150 | 49,351,150 | 14.3% |
| BEIJING SEQUOIA MINGDE EQUITY INVESTMENT CENTRE (L.P.) ( 147 BEIJING MINGDE EQUITY 148 ) | 0 | 49,351,150 | 0 | 49,351,150 | 49,351,150 | 14.3% |
| KUI ZHOU ( 147 KZ 148 ) | 0 | 49,351,150 | 0 | 49,351,150 | 49,351,150 | 14.3% |
| NEIL NANPENG SHEN ( 147 NS 148 ) | 0 | 49,351,150 | 0 | 49,351,150 | 49,351,150 | 14.3% |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c) and (d) and
Amendments Thereto Filed Pursuant to § 240.13d-2
Under the Securities Exchange Act of 1934
(Amendment No. )*
MOLECULAR DATA INC.
(Name of Issuer)
Class A Ordinary Shares, par value $0.00005 per share
(Title of Class of Securities)
60852L106**
(CUSIP Number)
December 31, 2019
(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 remainder of this cover page shall be filled out for a reporting persons 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. |
| ** | This CUSIP number applies to the Issuers American Depositary Shares, each representing three Class A ordinary shares. |
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).
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 2 of 9 Pages |
| 1 | NAME OF REPORTING PERSON
MAX SMART LIMITED (MAX SMART) | |||||
| 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
0 | ||||
| 6 | SHARED VOTING POWER
49,351,150 | |||||
| 7 | SOLE DISPOSITIVE POWER
0 | |||||
| 8 | SHARED DISPOSITIVE POWER
49,351,150 | |||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,351,150 | |||||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.3%1 | |||||
| 12 | TYPE OF REPORTING PERSON
OO | |||||
| 1 | Based on a total of 345,127,024 shares outstanding following completion of the Issuers initial public offering, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on December 30, 2019. |
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 3 of 9 Pages |
| 1 | NAME OF REPORTING PERSON
SHANGHAI ZHERONG INVESTMENT CENTRE LIMITED PARTNERSHIP (SHANGHAI ZHERONG INVEST) | |||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
| 3 | SEC USE ONLY
| |||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
THE PEOPLES REPUBLIC OF CHINA | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER
0 | ||||
| 6 | SHARED VOTING POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. | |||||
| 7 | SOLE DISPOSITIVE POWER
0 | |||||
| 8 | SHARED DISPOSITIVE POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. | |||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,351,150 | |||||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.3%1 | |||||
| 12 | TYPE OF REPORTING PERSON
PN | |||||
| 1 | Based on a total of 345,127,024 shares outstanding following completion of the Issuers initial public offering, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on December 30, 2019. |
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 4 of 9 Pages |
| 1 | NAME OF REPORTING PERSON
BEIJING SEQUOIA MINGDE EQUITY INVESTMENT CENTRE (L.P.) (BEIJING MINGDE EQUITY) | |||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
| 3 | SEC USE ONLY
| |||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
THE PEOPLES REPUBLIC OF CHINA | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER
0 | ||||
| 6 | SHARED VOTING POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. | |||||
| 7 | SOLE DISPOSITIVE POWER
0 | |||||
| 8 | SHARED DISPOSITIVE POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. | |||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,351,150 | |||||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.3%1 | |||||
| 12 | TYPE OF REPORTING PERSON
PN | |||||
| 1 | Based on a total of 345,127,024 shares outstanding following completion of the Issuers initial public offering, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on December 30, 2019. |
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 5 of 9 Pages |
| 1 | NAME OF REPORTING PERSON
KUI ZHOU (KZ) | |||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
| 3 | SEC USE ONLY
| |||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
THE PEOPLES REPUBLIC OF CHINA | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER
0 | ||||
| 6 | SHARED VOTING POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. The members of the investment committee of BEIJING MINGDE EQUITY who exercise voting and investment discretion with respect to the shares held by SHANGHAI ZHERONG INVEST are Messrs. KZ and NS. | |||||
| 7 | SOLE DISPOSITIVE POWER
0 | |||||
| 8 | SHARED DISPOSITIVE POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. The members of the investment committee of BEIJING MINGDE EQUITY who exercise voting and investment discretion with respect to the shares held by SHANGHAI ZHERONG INVEST are Messrs. KZ and NS. | |||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,351,150 | |||||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.3%1 | |||||
| 12 | TYPE OF REPORTING PERSON
IN | |||||
| 1 | Based on a total of 345,127,024 shares outstanding following completion of the Issuers initial public offering, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on December 30, 2019. |
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 6 of 9 Pages |
| 1 | NAME OF REPORTING PERSON
NEIL NANPENG SHEN (NS) | |||||
| 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 SAR | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER
0 | ||||
| 6 | SHARED VOTING POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. The members of the investment committee of BEIJING MINGDE EQUITY who exercise voting and investment discretion with respect to the shares held by SHANGHAI ZHERONG INVEST are Messrs. KZ and NS. | |||||
| 7 | SOLE DISPOSITIVE POWER
0 | |||||
| 8 | SHARED DISPOSITIVE POWER
49,351,150 shares, of which 49,351,150 shares are directly owned by MAX SMART. MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. The members of the investment committee of BEIJING MINGDE EQUITY who exercise voting and investment discretion with respect to the shares held by SHANGHAI ZHERONG INVEST are Messrs. KZ and NS. | |||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,351,150 | |||||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐ | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.3%1 | |||||
| 12 | TYPE OF REPORTING PERSON
IN | |||||
| 1 | Based on a total of 345,127,024 shares outstanding following completion of the Issuers initial public offering, as reported in the Issuers prospectus filed with the Securities and Exchange Commission on December 30, 2019. |
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 7 of 9 Pages |
| ITEM 1. |
| (a) | Name of Issuer: |
Molecular Data Inc.
| (b) | Address of Issuers Principal Executive Offices: |
5/F, Building 12, 1001 North Qinzhou Road, Xuhui District
Shanghai 201109
Peoples Republic of China
| ITEM 2. |
| (a) | Name of Persons Filing: |
Max Smart Limited
Shanghai Zherong Investment Centre Limited Partnership
Beijing Sequoia Mingde Equity Investment Centre (L.P.)
Kui Zhou
Neil Nanpeng Shen
MAX SMART is wholly owned by SHANGHAI ZHERONG INVEST. SHANGHAI ZHERONG INVEST is substantially owned by BEIJING MINGDE EQUITY. The members of the investment committee of BEIJING MINGDE EQUITY who exercise voting and investment discretion with respect to the shares held by SHANGHAI ZHERONG INVEST are Messrs. KZ and NS.
| (b) | Address of Principal Business Office or, if none, Residence: |
2800 Sand Hill Road, Suite 101
Menlo Park, CA 94025
| (c) | Citizenship: |
MAX SMART: Cayman Islands
SHANGHAI ZHERONG INVEST, BEIJING MINGDE EQUITY, KZ: The Peoples Republic of China
NS: Hong Kong SAR
| (d) | CUSIP Number: |
60852L106
| ITEM 3. |
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
NOT APPLICABLE
| ITEM 4. | OWNERSHIP |
SEE ROWS 5 THROUGH 11 OF COVER PAGES
| ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
| ITEM 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON |
NOT APPLICABLE
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 8 of 9 Pages |
| ITEM 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. |
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. | CERTIFICATION |
NOT APPLICABLE
| CUSIP No. 60852L106 | SCHEDULE 13G | Page 9 of 9 Pages |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: February 14, 2020
| Max Smart Limited | ||
| By: | Shanghai Zherong Investment Centre Limited Partnership its Sole Member | |
| By: | Beijing Sequoia Mingde Equity Investment Centre (L.P.) its Member | |
| By: | /s/ Kui Zhou | |
| Kui Zhou, Authorized Signatory | ||
| By: | /s/ Neil Nanpeng Shen | |
| Neil Nanpeng Shen, Authorized Signatory | ||
| Shanghai Zherong Investment Centre Limited Partnership | ||
| By: | Beijing Sequoia Mingde Equity Investment Centre (L.P.) its Member | |
| By: | /s/ Kui Zhou | |
| Kui Zhou, Authorized Signatory | ||
| By: | /s/ Neil Nanpeng Shen | |
| Neil Nanpeng Shen, Authorized Signatory | ||
| Beijing Sequoia Mingde Equity Investment Centre (L.P.) | ||
| By: | /s/ Kui Zhou | |
| Kui Zhou, Authorized Signatory | ||
| By: | /s/ Neil Nanpeng Shen | |
| Neil Nanpeng Shen, Authorized Signatory | ||
| Kui Zhou | ||
| By: | /s/ Kui Zhou | |
| Kui Zhou | ||
| Neil Nanpeng Shen | ||
| By: | /s/ Neil Nanpeng Shen | |
| Neil Nanpeng Shen | ||